The line of credit will support businesses in the West African Economic and Monetary Union. (Image source: Adobe Stock)
The African Development Bank (AfDB) board of directors has approved a line of credit of approximately US$79mn and an equity investment of US$24mn, to be granted to the West African Development Bank
AfDB will continue to promote the development and deepening of African capital markets. (Image source: Adobe Stock)
The 2022 borrowing programme of the African Development Bank (AfDB) has been approved by the board of directors for up to US$10bn to be raised from the capital markets
Bboxx acts as the platform between the customer and the lender. (Image source: Adobe Stock)
Through a series of new initiatives, Bboxx, a next-generation utility, is promoting greater financial inclusion in Africa
Economic growth is expected to reach 1.5% in 2021 and accelerate in 2022 to 3% as the recovery gains steam. (Image source: Adobe Stock)
The Gabonese authorities and IMF staff made significant progress in discussions on the actions needed to complete the first review supported by the Extended Fund Facility (EFF), and on economic policies and structural reforms that could form the basis for the programme in 2022
Ghana’s growth indicates an improvement over the past decade. (Image source: Adobe Stock)
Among the African countries with the highest GDP over time, Ghana has been ranked as the eighth biggest economy in Africa, according to the World Bank’s report
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
Bobcat has included additional features to enhance the visibility around the machines. (Image source: Bobcat)
By localizing production, Stellantis is contributing to job creation, skill development, and technology transfer in Egypt. (Image source: Stellantis)
Both projects will deliver essential power, energy, and ancillary services to Eskom through 15-year Power Purchase Agreements. (Image source: AMEA Power)
Comapire takes over from Seco Power. (Image source: Perkins)
The CIV1 Raxio Data centre opened in September 2024. (Image source: Raxio)
Eskom anticipates Koeberg’s enhanced performance will be fully realised in FY26. (Image source: Eskom)
Nokia and Turkcell achieve world-first quantum-safe IPsec cryptography milestone, securing mobile networks against future quantum computing threats. (Image source: Adobe Stock)
