The African Development Bank (AfDB) has invested US$11bn in infrastructure development across the COMESA region in the last five years
Finance
Sony reveals business expansion plans in Africa

Sony has plans to launch latest products, experiential brand stores and service centres to change consumer experience in Africa. (Image source: Jami3/Flickr)
Electronic goods manufacturer Sony has said that it has set a US$1.4bn target for Africa’s electronics market to tap the growing potential of Nigeria and other electronic markets in the continent
Creating business ‘key to Africa’s sustainable development’

Involving low-income communities in markets and businesses across Africa is essential for economic growth. (Image source: Clurr/Flickr)
Creating business and market opportunities for Africa’s poor is key to advancing sustainable development in the region, according to a new United Nations Development Programme (UNDP) report
AfDB pledges US$18 million to support Somalia’s reconstruction

AfDB has appealed for a rapid action on the process of clearing the country’s external debt so that development activities can be taken up. (Image source: Utenriksdept/Flickr)
The African Development Bank has pledged its support for Somalias reconstruction with a commitment of US$18mn over a period of three years
Zambia set for more investment from China

Emmanuel Chenda has advised investors to develop and set up smelters and refineries in Zambia. (Image source: mm-j)
A total of 12 Chinese firms are set to invest US$110mn in various businesses to be located in multi-facility economic zones (MFEz) in Zambia