Finance

The Board of Directors of the African Development Bank has approved a loan of US$42.9 million to finance the second phase of a major power…

A regional integration project connecting Kenya to Ethiopia and Somalia Kenya has received funding under the World Bank's Horn of Africa…

The United Bank for Africa (UBA) has approved additional funding of US$40 million for the 2,115 megawatt Julius Nyerere Hydropower project under…

The Board of the African Development Fund (ADF) has approved a loan of US$71.5 million to pave sections of two roads in southwestern Uganda.

The Board of Directors of the African Development Bank have approved a US$120 million loan to fund the construction of a 50 MW hydropower plant in…

The Emerging Africa Infrastructure Fund (EAIF) invested XOF8.3 billion (cUS$15 million) in a local currency capital market bond issued by Senegal’…

On the sidelines of Kenyan President Uhuru Kenyatta's visit to France, financing agreements for the Lake Victoria Water and Sanitation Project…

The feasibility study for the development of a new seaport at Keta in Ghana, will be completed in the first quarter of 2021 - …

Representatives of the African Development Bank, governments, Development Finance Institutions, the private sector and professional…

The Mozambican government is forecasting an economic growth rate of 2.1% for 2021, according to the government spokesperson, Deputy Justice…