Monday, May 27, 2019
LUANDA, Jan 11 (Reuters) – Moody’s assumes the Angolan government does not intend to default on its debt after ambiguous wording in official statements, the ratings agency said in a research report. Angola this month unveiled plans to restructure its...
Overseas Private Investment Corporation (OPIC) Executive Vice President, David Bohigian, this week travelled to Togo where he met with Togolese Prime Minister, Komi Klassou, to tour an OPIC-supported power plant that tripled the country's energy supply. US firm ContourGlobal developed...
Scientists at the University of Cambridge have discovered that fuel cells can be powered by living algae, which is five times more efficient than current models. According to a statement, it is thought they could one day be used to provide...
UK’s next generation utility, BBOXX, has unveiled pay-as-you-go (PAYG) solar systems in towns and cities in the Democratic Republic of Congo (DRC). The company collaborated with manufacturer of components for solar energy systems, Victron Energy, on this venture. A joint press...
At the close of 2017, multilateral development banks (MDBs) announced funding for several climate adaptation and resilience projects that will target multiple co-benefits, such as job creation, poverty eradication and food security with their implementation. Caribbean Builds Back Better In...
Accra, Jan. 8, GNA - There are many ways to measure development in a region, a country or even a continent. Freedom, prosperity, health and stability are all pillars of progress, and opportunity is the foundation. But this week...
Angolan President Joao Lourenco dismissed his predecessor’s son as head of the country’s $5 billion sovereign wealth fund, state-owned Angola Press reported. Lourenco fired Jose Eduardo dos Santos’s son, Jose Filomeno dos Santos and the entire board of the Fundo...
The year 2017 appears to have been the climax to a series of top executive movements in Rwanda’s banking sector and built a foundation for competition in an industry where it was hitherto, generally non-existent. The expectation is that...
The land is the most valuable asset in most of the African countries since the past up to now. However, the major problem in the African land sector is the documentation. There is hope after experts from blockchain technology...
The African Export-Import Bank has raised around $260m via three sharia-compliant facilities to support the Small and Medium-scale Enterprises in the region, as African markets gradually open to Islamic finance. The Cairo-based Afreximbank, which was founded by African governments and...
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