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
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
One of the new BYD electric buses serving Cape Town. (Image source: GABS)
An illustration of an electric application supported by a BESS powered by Volvo Penta’s subsystem. (Image source: Volva Penta)
SANY will introduce 11 electric machines to the European market for the first time, reinforcing its leadership in sustainable construction technology. (Image source: SANY)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
Agreement supports solar PV, grid upgrades, and commercial energy access in Nigeria
Dragan Krznaric, business director for Middle East and Africa at CASE Construction Equipment at the company's stand at bauma.
Sany keen on Africa (Image source: Sany)
African Development Bank backs €26.5m (appox. US$29mn) Sokodé solar plant to boost Togo’s renewable energy capacity. (Image source: African Development Bank)
Minister Mohamed Ould Khaled announces shift to privatised power generation model at Invest in African Energy Forum. (Image source: Energy Capital & Power)
