Chinese ambassador to Uganda, Zhao Yali, has said that Chinese investment in the country was currently worth US$596mn
Finance
Framing Finnish support for rural civil society in Kenya
PALWECO aims to deliver reductions in poverty, and improvements in livelihoods, by strengthening agricultural value chains with a holistic approach to the development of local and regional infrastructure. (Image source: thisisexcellent)
Maarit Hirvonen, chief technical adviser to the Programme for Agriculture and Livelihoods in Western Communities (PALWECO), spoke of the ways in which PALWECO has worked, and continues to work, towards delivering Finnish support for civil society in Kenya
IFC to push funds into Africa's energy and transport industries
The IFC funds will be spent across sub-Saharan Africa’s energy and transport sectors. (Image sources: sxc.hu)
The International Finance Corporation (IFC) has announced that it will offer US$4.3bn to Africas energy and transport sectors
Standard Chartered to invest US$100 million into African operations
Standard Chartered wants to double its income from the African continent in the next five years. (Image source: Standard Chartered)
Standard Chartered will attempt to consolidate its position in Africa by investing US$100mn into its operations across the continent by 2015
US$97 billion earmarked for South African infrastructure
Jacob Zuma. (Image source: South African Government Communication and Information System)
South African president, Jacob Zuma, has announced a US$97 billion, three-year building programme that will see roads, ports and access to utilities upgraded and coal and other mineral deposits exploited more effectively
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Hyde Johannesburg marks a major milestone for Ennismore as the brand’s first hotel in Africa. (Image source: Ennismore)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
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