Banking & Finance

Private equity funds investing in Africa

When establishing private equity funds targeting investments in Africa, South African fund managers are increasingly starting to look offshore.

East African banking growth continues despite global crisis

The Bank of Tanzania

Even with the global economic meltdown hitting Africa, Kenyan banking sector has continued to grow confounding many local analysts.

US$93bn needed to improve infrastructure

A new report from the World Bank and African partners, Africas Infrastructure: A Time for Transformation, highlights the findings of a 24-country study and urges increased investment in four critical areas: energy, transport, water, and information and communications technology. new report from the World Bank and African partners, Africas Infrastructure: A Time for Transformation, highlights the findings of a 24-country study and urges increased investment in four critical areas: energy, transport, water, and information and communications technology.

Financing for Uganda’s farmers

Stanbic Bank Uganda has teamed up with the Alliance for a Green Revolution in Africa and Kilimo Trust to create a US$25mn fund for smallholder farmers and agricultural businesses previously considered too risky for lending.tanbic Bank Uganda has teamed up with the Alliance for a Green Revolution in Africa and Kilimo Trust to create a US$25mn fund for smallholder farmers and agricultural businesses previously considered too risky for lending.

Millions for key developmental project in Burkina Faso

Abu Dhabi Fund for Development (ADFD) has signed an agreement to provide AED36.73mn (US$10mn) as a concessionary loan to Burkina Fasos government.

Carmix machinery to support canal reconstruction in Namibia

A Volvo technician replacing equipment in a piece of construction machinery.

Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)

Top reasons to avoid counterfeit parts

A close up of water cascading out of a hydropower plant.

The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)

TotalEnergies expands African hydropower portfolio

A product shot of the Cat G3520 Fast Response natural-gas generator.

The Cat G3520 Fast Response natural-gas generator set is available for dealers around the world. (Image source: Cat)

A new natural-gas generator for 50 Hz mission-critical applications

A wide shot of the Hyde Johannesburg hotel in South Africa against a sunset.

Hyde Johannesburg marks a major milestone for Ennismore as the brand’s first hotel in Africa. (Image source: Ennismore)

First Hyde hotel on African soil

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This project supports Egypt’s commitment to the Paris Agreement and its efforts to transition to a low-carbon energy sector. (Image source: Adobe Stock)