Sunday, February 17, 2019
The level of investments in Nigeria by the African Development Bank (AfDB) will grow to $8billion from the present $6 billion, the President of the Bank, Akinwumi Adesina has said. Speaking yesterday at the opening of the Nigeria Country Office...
Africa Finance Corporation (AFC) has signed a US$200mn three-year term loan facility, to be used for general corporate purposes, including facilitating trade. Mandated lead arrangers and bookrunners on the facility were First Abu Dhabi Bank, Industrial and Commercial Bank of...
Kepler Capital Markets set a CHF 95 price objective on Nestle (VTX:NESN) in a research note published on Wednesday, December 6th. The brokerage currently has a buy rating on the stock. Several other equities analysts have also issued reports on...
Dar es Salaam Water and Sewerage Authority (DAWASA) and Dar es Salaam Water and Sewerage Corporation (DAWASCO) are set to merge by July this year. According to the Deputy Minister for Water and Irrigation, Jumaa Aweso, the main aim of the...
Independent investment firm RisCura has released its latest report on investing in Africa,Bright Africa 2018, which highlights that Africa’s consumer and business spending is expected to reach $6.7 trillion by 2030. The report segments Africa into nine meaningful markets, or...
South Africa’s plan to rejig 32.4 billion rand ($2.3 billion) of spending to boost economic expansion is unlikely to significantly alter the nation’s growth trajectory, Fitch Ratings Ltd. said. Finance Minister Tito Mboweni announced measures to allocate funds to “faster-spending...
The inaugural Africa Climate Smart Agriculture Congress is taking place on 6-7 March 2018 in Nairobi, Kenya. The Africa CSA Congress will unite senior representatives from governments, UN and donor agencies, farmers’ associations, cooperatives, NGOs and CBOs, research institutes,...
The Karoshoek Solar One project in South Africa has become the latest solar project to come online in South Africa adding 100MW to the national grid. The new solar project which is located in Upington, Northern Cape joins a string of...
In response to low electrification rates in some remote areas across Africa, the African Development Bank (AfDB) has approved a proposal to help Zola EDF Côte d'Ivoire (ZECI), to mobilise a loan in local currency to the tune of...
Renewable energy technologies have experienced dramatic cost declines in recent years, triggering a lasting surge in renewable energy development, writes Markus Steigenberger, international director of Berlin-based think tank Agora Energiewende. Advances in renewable technology in combination with growing concerns about the...
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