The European Investment Bank (EIB) announced on Tuesday, June 11, 2024, a significant €450 million investment…
Category: Finance
African Economic Growth in 2024: Challenges and Opportunities in Governance and Natural Resource Management
Most of Africa’s 54 countries will probably experience economic growth in 2024, according to the African…
Africa: Over $50 Billion Invested by AfDB in Infrastructure Over 9 Years
In one of his final addresses as the President of the African Development Bank (AfDB), Akinwumi…
Egyptian GV Investments and Chinese FAW Partner in Electric Vehicle Sector
Chinese automaker First Automobile Works (FAW) has entered into a partnership agreement with Egyptian group GV…
Kenya: Development Finance Corporation to Invest $180 Million in Student Housing
The US International Development Finance Corporation (DFC) has reached an agreement with real estate developer Acorn…
Sierra Leone : $412 Million Agreement Signed to Enhance Electricity Access
In July 2021, the DFC committed to providing $217 million in debt financing for a new…
Cameroon : The African Development Bank, a Key Infrastructure Partner
As the leading development partner for infrastructure in Central Africa, the African Development Bank Group is…
Angola: Final agreements to finance infrastructure projects worth $1.3 billion
The United States and Angola have finalized agreements to fund three infrastructure projects totaling $1.3 billion.…
Angola: AFC-led consortium finances large road infrastructure project
The Africa Finance Corporation (AFC) announced on Friday that it has signed a €381.5-million financing package…
Namibia secures World Bank funding to facilitate the integration of renewable energy.
Namibia has secured approval for its inaugural energy project funded by the World Bank. The project…
Boosting Investment Across African Cities to Achieve Sustainable Development Goals
Over 100 million urban dwellers worldwide lack access to electricity, with over 90% of these individuals…