Finance

Kenya’s Meru county to benefit from UN-Habitat’s finance development

Signature 1The UN-Habitat has committed to supporting the county government of Meru in Kenya with a grant for collaboration on Municipal Finance, financed by the Swedish Development Agency (SIDA)

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AfDB approves US$4.8mn grant to accelerate African free trade

afdb trade 11aAfrican Development Bank (AfDB) has approved an institutional support grant of US$4.8mn to the African Union (AU) to accelerate the momentum of the African Continental Free Trade Area Agreement (AfCFTA)

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Growth in SSA remains below three per cent: World Bank

World bank digitalGrowth in sub-Saharan Africa has been downgraded to 2.3 per cent for 2018, down from 2.5 per cent in 2017, according to the April 2019 issue of Africa's Pulse, the World Bank's bi-annual analysis of the state of African economies

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IFC invests US$100mn to bolster Egyptian economy

IFC and megIFC, a member of the World Bank Group, has announced to provide up to US$100mn to the Middle East Glass Manufacturing Company (MEG), aiming to support the firm’s capital expenditure programme and boost Egypt’s manufacturing sector

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Siemens launches data visualisation project in Accra

FABRIC EdmundSiemens has launched a data visualisation project called FABRIC at the German Africa Business Summit in Accra, demonstrating how crucial data is in transforming Africa’s urban centres into smart cities of the future

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