The African Development Bank(AfDB) Group has announced that it will invest $15 million more in the Trade and Development Bank Group’s special Green+ shares. These… Read More »AfDB and Trade and Development Bank Partner to Promote Clean Technologies in Africa
Absa Group is going into the Chinese market with the establishment of a new non-banking subsidiary in Beijing, China. The subsidiary is already functional, with… Read More »South Africa’s Absa Group Opens Branch in China
In a significant move towards enhancing trade infrastructure in Africa, Trafigura and Kamoa-Kakula on Wednesday, February 7 inked long-term commitments to utilize the Lobito Atlantic… Read More »Trafigura & Kamo-Kukula to Leverage Lobito Atlantic Railway in Strategic Alliance
EMURGO Africa, which focuses on Africa and the Middle East, has invested $100 million into Fig Finance. EMURGO Africa is a founding entity of the… Read More »EMURGO Africa Invests in Fig Finance to Boost DeFi and SME Growth in Africa
The Africa Mining Indaba 2024 kicked off on Monday, February 5th, in Cape Town, South Africa. The event was officiated by President Cyril Ramaphosa, who… Read More »Africa Mining Indaba 2024 Kicks off in Cape Town, South Africa
The National Transition Council of Guinea has given the green light for a partnership between Rio Tinto Plc, the Winning Consortium Simandou backed by China,… Read More »Guinea Approves Deal with China to Develop World’s Biggest Iron-Ore Project
The Tanzania Petroleum Development Corporation (TPDC) has acquired an additional 20% stake in the Mnazi Bay natural gas field, raising its total ownership to 40%.… Read More »Tanzania Pays $23.6 Million to Double Shareholding in France’s M&P Natural Gas
In a landmark move toward sustainable development, the Trust Fund Committee of the Climate Investment Funds (CIF) has given its stamp of approval to Kenya’s… Read More »CIF Endorses Kenya’s $70 Million Plan For 100 Percent Clean Energy
The International Monetary Fund (IMF) recently released its highly anticipated report for January 2024, offering a comprehensive analysis of the economic landscape in various regions… Read More »IMF Report Shows Steady Africa’s Economic Outlook in 2024
U.S Secretary of State, Antony Blinken on Wednesday, January 24 commended the African Development Bank (AfDB) Group’s efforts toward helping Africa feed itself and the… Read More »U.S.,AfDB forge Stronger Ties to Boost Food Production