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
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)
