The Africa Finance Corporation (AFC) announced on Friday that it has signed a €381.5-million financing package…
Category: Africa
Nigeria: Upgrading substations to address electricity shortfalls
The delivery of an electricity transformer will improve the electricity supply to one of Nigeria’s oldest…
Africa Tech Summit to host 15 start-ups for the 2024 Investment Exhibition
Africa Tech Summit (ATS) London will hold its eighth edition at the London Stock Exchange on…
Airtel plans to IPO its mobile money unit in 2025.
Airtel will make its mobile money unit public in 2025, despite ongoing plans to extend the…
Kenya: Safaricom reported first profit growth in three years pushed by M-Pesa
Kenya’s Safaricom, East Africa’s most profitable company, saw its net profits increase by 1.2% to $480.84…
Nigeria limits the quantity of Electricity Supply sold to Benin
Nigeria has placed significant restrictions on selling electricity to foreign customers, including Benin, as reported by…
Unleashing Africa’s agricultural potential
At the World Economic Forum roundtable in Riyadh themed “Food and Water for All,” Akinwumi Adesina,…
Addressing Africa’s most overlooked infrastructure challenge
A significant challenge in African agriculture is the scarcity of irrigation. Water, alongside sunlight, is fundamental…
Engen Teams Up with Grain SA at Nampo to Drive Agriculture Forward
Engen, a prominent energy and solutions partner committed to enhancing lives for a sustainable future, is…
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…
Kenya maintains its dominance in the off-grid solar market in East Africa.
In the latter half of 2023, East Africa saw sales of over 2.5 million units of…
Green hydrogen to fuel the development of Mauritania’s steel industry
Mauritania has revealed ambitious plans aimed at producing 12.5 million tons of green hydrogen annually by…