Monday, July 6, 2020
The European Investment Bank (EIB) has indicated that it’s preparing a €155 million ($192 million) loan package for the 70MW Akiira Geothermal Project in Naivasha, in Nakuru County, Kenya. The project includes a consortium of investors from Kenya, the US...
The African Export-Import Bank (Afreximbank) expanded its shareholder-base, as it admitted JSC Russian Export Centre (REC), as the latest international financial organisation to join the institution. REC was admitted as a shareholder following its successful subscription to Class “C” shares...
JEDDAH — The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), and the IL&FS Investment Managers Limited (IIML), the private equity arm of IL&FS Group, signed...
Africa investor (“Ai”) and World Pensions Council (“WPC”) to help mobilize trillions of pension capital for African infrastructure Davos, Paris, London, Johannesburg, Lagos, Nairobi, Cairo – January 22nd 2018: Meeting in Davos ahead of the 2018 World Economic Forum, the...
Rwanda and Tanzania have agreed on joint construction of a Standard Gauge Railway (SGR) from Isaka (northwestern Tanzania) to Kigali, a move which will facilitate movement of goods between the two countries. The agreement was reached following a meeting between...
The President of the African Development Bank, Akinwumi Adesina, has made a compelling case for accelerating Africa’s industrialisation in order to create jobs, reduce poverty and promote inclusive economic growth. Citing data from the Bank’s 2018 African Economic Outlook...
Ireland can leverage its experience in construction services and project financing to facilitate the Belt and Road Initiative and Guangdong-Hong Kong-Macao Greater Bay Area infrastructure construction projects, the minister of state at the Department of Finance in Ireland, Michael...
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...
Government has secured more than 38 million United States dollars for the construction and rehabilitation of water supply and sanitation facilities in 16 districts in Western province. Water Development, Sanitation and Environmental Protection Permanent Secretary Ed Chomba says the project,...
The African Development Bank (AfDB) and various partners have invested a total of US$55 million in the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF), which brings the fund closer to its first close target. FEI OGEF is...
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