Tanzanias GDP last year grew by 4.8%. (Image source: Adobe Stock)
The Tanzania economy is poised to grow steadily to reach 8% in five years, which hinges on increased positive utilisation of resources and growth in productivity
Part of the capital raise will be used in funding OADC. (Image source: Adobe Stock)
Verdant Capital has advised WIOCC Holding Company Limited (WIOCC) on an US$80mn equity capital raise
The cooperation between Ecobank Group and the European Investment Bank to support private sector investment across Africa was formally agreed at the EU Delegation. (Image source: Adobe Stock)
Ecobank Group, one of the leading pan-African banking groups, has signed an agreement for a US$112mn long-term credit facility over nine years with the European Investment Bank (EIB)
Soaring metal prices and food commodities have surpassed pre-pandemic levels. (Image source: Adobe Stock)
After 2020 regional downturn, the International Monetary Fund (IMF) estimated the sub-Saharan Africa (SSA) economy grew at 3.7% in 2021 led by expansion in industry and services but still experienced weaker growth in gross fixed investment
The grant is earmarked for SME targeting local content and women-owned business. (Image source: Adobe Stock)
The African Development Bank Group (AfDB) has approved a grant of US$1.5mn to Mozambique to boost the development of local content
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)
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)
