Standard Chartered CEO Sanjay Rughani with Minister of Finance and Planning Hon. Phillip Mpango. (Image credit: Standard Chartered Bank)
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a US$1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora
The call was made at the launch of the first report on the implementation of Agenda 2063 ahead of the 33rd African Union Summit in Addis Ababa. (Image source: AfDB)
The African Development Bank (AfDB), the United Nations (UN) and the African Union (AU) have acknowledged the significant progress made in implementing Agenda 2063 and urged African countries to go further to fast-track economic transformation
Aella plans to use this funding to scale its lending operations and expand its product base into payments. (Image source: Aella)
Nigerian fintech start-up Aella has raised a US$10mn debt financing round from HQ Financial Group (HQF), Singapore-based private company specialising in new material science, semiconductor and blockchain financial investments
In planning for urbanisation in Africa, the policymakers need to ensure that the public policies are inclusive of everyone. (Image source: Nina Stock/Pixabay)
Policymakers need to profoundly understand Africa’s growing urban geography that is set to seize new opportunities, according to the Sahel West Africa Club/ Organisation for Economic Co-operation and Development (SWAC/OECD) report
Apart from other beverages, Gaselia produces and distributes mineral water, sold under its Assinie brand. (Image source: Photo Mix/Pixabay)
Africa Capitalworks Management (ACW), sub-Saharan Africa-focused private equity investment company, has acquired a minority equity shareholding in Gaselia Industries Group (Gaselia), one of the largest homegrown beverages groups in West Africa
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
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)
Caterpillar is now focusing on its next 100 years. (Image source: Caterpillar)
Each of the 10 mtu gensets has a rated power of 2,500kW and an operational lifetime of up to 84,000 hours before needing major overhaul. (Image source: Rolls-Royce)
The project is a continuation of the two earlier phases of the Road Infrastructure Modernisation Programme. (Image source: AfDB)
ArcelorMittal indicated a weak domestic market for Long steel products. (Image source: Adobe Stock)
Both projects will deliver essential power, energy, and ancillary services to Eskom through 15-year Power Purchase Agreements. (Image source: AMEA Power)
