A new $125 million loan guaranty arrangement was just signed which will support lending to the diamond manufacturing and polishing industry in Botswana.
Tender and Business News
On September 25, the World Bank announced it was authorizing $80 million in loans to support public finance needs in the country.
Ghana's renewable energy investment drive received a big boost just two days ago, when the African Development Bank announced it had approved a US $1.5 million grant to expand developments in this aea.
In this special Op-Ed piece by Korir Sing’Oei, a Legal Advisor & Head of Policy at Office of Deputy President, Kenya, reflects on the importance of the recent African Green Revolution Forum (AGRF), which took place in Kigali earlier this month.
Liberia has received a grant of $1 million from the African Development Bank's Fund for African Private Sector Assistance (FAPA), to provide technical guidance for the country's expanding wood processing industry.
Operators of a Swiss merchant vessel traveling in Nigerian waters have confirmed the capture of the vessel by oceangoing pirates on September 22.
The Morogoro-Dodoma railway project in Tanzania can proceed further, thanks to a recently received $1.46 billion concession loan from London’s Standard Chartered Bank Group.
The Scale Up Conference on Agricultural Innovations, a joint conference provided by Purdue University and the African Development Bank, will be held September 25-27, 2018, to help encourage technology transfer on agricultural innovations into Africa.
In November, Egypt will switch on the power for an electrical grid pilot project providing 300MW of power to Sudan. That’s just the beginning for its grand plans ahead.
With millions of small family farms growing most of the African continent's food, it is going to take a strong political commitment to drive more rapid production and income of this critically important sector of the economy.
The African Domestic Bond Fund (ADBF) was just launched as the first multijurisdictional fixed income Exchange Traded Fund (ETF) on the continent. A major benefit of the fund will be to reduce the need for foreign currency denominated debt.
The first regasification terminal plant in Sub-Saharan Africa is about to begin construction in Ghana.
South Africa based Rand Merchant Bank's (RMB) latest rankings of the top places to invest in Africa focused on economic activity and the environment to operate. Surprisingly, despite an increasingly repressive government regime, Egypt has still retained the top spot on the continent.
Ethiopia, the fastest-growing economy in Africia, is investing US $43 million in a major set of road projects as a means of attracting new companies to the region and lure further investment.
According to South Africa based HTI Consulting, a new Private Investment Law just approved by the National Assembly in Angola should pave the way to increased investment in tourism and the hospitality sectors -- and diversification from a country too dependent on its oil industry.
Côte d'Ivoire, the world’s largest producer of cashews, could see a major shortfall in export sales for the import crop as prices fall significantly this year and farmers are unable to accept current low prices.
The African Development Bank has authorized the release of $58 million for the Off-Grid Energy Access Fund (OGEF) in Nigeria.
After many complaints from opposition and civil society leaders, the government of Uganda has formally withdrawn a bill which would have allowed it to acquire land from private owners – even without their approval.
The BMCE Bank of Africa of Morocco just signed a partnership agreement with the China-Africa Business Council, to help bring in more Chinese investment throughout Africa.
It is now official that Chinese energy firm Tebian Electrical Apparatus (TBEA) will be investing in a new 70MW hydroelectric power project in the country.
PricewaterhouseCoopers's (PwC)'s Pietro Calicchio, Leader of the Hospitality and Gambling Industry practice for PwC in South Africa, named the gaming industry as an important contributor to improving economic growth across Africa.
A new high-voltage power line which connects a 310 MW northern wind power facility to central Kenya is now fully operational.
South African petrochemicals firm Sasol has been targeted by its workers union over an allegedly racist scheme for company ownership.
Faced with the potential of a major El Niño ahead, the government of Zimbabwe is taking serious action to protect the country for potential agricultural shortfalls which might happen.
For the first time in over 9 years, South Africa’s trade and industrial activities have gone down for two quarters in a row. This makes it officially in recession.