Friday, September 20, 2019
The European Investment Bank (EIB) is finalising a Sh7.5 billion ($78 million) loan for construction of two solar power plants in Kenya. The credit is evident that there is growing interest by global organisations in financing renewable projects in the...
South Africa’s minister of Public Enterprises, Lynne Brown, has given state-owned utility Eskom the go ahead to resume the signing of outstanding Power Purchase Agreements (PPAs) with renewable independent power producers (IPPs). The PPAs have been kept on ice since...
Saudi Arabia’s sovereign wealth fund is nearing an agreement to buy about a 10 percent stake in ACWA Power International ahead of an initial public offering by the Riyadh-based energy producer, according to people with knowledge of the matter. The...
The Ayka textile group, a Turkey-based company, plans to invest CFA200 billion francs to open within the next six months a cotton processing plant in Burkina Faso, APA learned from reliable sources. According to the Turkish investor, the quality of...
Accra (Ghana), February 4 (IANS) A $5 billion Exim Bank of India fund to support Africa’s agriculture development through the “Feed Africa” project seems to fit into the Africa Development Bank’s plans to improve the agriculture sector to increase...
The International Monetary Fund (IMF) said Friday it will only start lending to Zimbabwe once it clears its arrears to other multilateral creditors which include the World Bank and the African Development Bank. It however, called for concerted international effort...
Rabat – Morocco will receive USD 2 billion in aid from the African Development Bank (AfDB) over the next two years, said Khaled Sherif, Bank Vice President in charge of Regional Development, Regional Integration and Services, in Rabat on...
Makeni, SL – To give way for the construction of a 1300km transmission line from La Côte d’Ivoire into Liberia, Sierra Leone and Guinea, TRANSCO CLSG, in collaboration with the Government of Sierra Leone, will formally launch the Resettlement...
Kenya's economy is likely to expand by between 5.25 per cent and 5.75 per cent in 2018 on a rebound in public and private investments and improved farming activities, research analysts at Genghis Capital projected Wednesday. The analysts also see...
The Africa Development Bank (AfDB) is planning huge developments in grid-connected and off-grid solar to support countries in electrification and mitigating climate change across the Sahel region by 2020. As well as offering to support African countries insuring themselves against...
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