The United Bank for Africa (UBA) and the European Investment Bank (EIB) have agreed a record €60mn ($65mn) lending programme – the first initiative under the latters dedicated Nigeria Private Investment Facility – to support private sector growth in the country
Finance
UNCTAD: intra-regional trade integration 'exciting' for jobs market
Boosting African intra-regional trade and economic co-operation is key to the continents long-term success as it creates the catalyst for greater employment opportunities, according to UNCTAD secretary general Mukhisa Kituyi
Caterpillar invests US$1bn in business, education and training across Africa
Caterpillar chairman and CEO Doug Oberhelman have announced that the firm its independent dealers and the Caterpillar Foundation plan to invest more than US$1bn in countries across Africa over the next five years
OPIC opens its first East Africa office

Westrock Coffee in Rwanda is a project supported by OPIC and can now have regional support from the Nairobi office. (Image source: OPIC.gov blog)
The Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, has announced the opening of its first-ever East Africa office, located in Nairobi, Kenya, with Suresh Samuel as managing director
Africa initiative for governance launches public sector scholarships

The AIG scholarships will have an initial focus on candidates from Nigeria and Ghana. (Image Source: AIG)
The Africa Initiative for Governance (AIG) issued a call for applications for its 2017 scholarships for a Masters degree in public policy at the Blavatnik School of Government, at the University of Oxford