Turaco, a prominent tech-driven affordable insurance company in Africa, has announced its acquisition of MicroEnsure Ghana, a pioneering microinsurance firm previously under MIC Global’s ownership. As… Read More »Turaco Acquisition of MicroEnsure Ghana to Boost Insurance Inclusivity in Africa
The Board of Directors of the African Development Bank Group (AfDB) on Wednesday,September 13 approved $104 million in financing to the Ethiopian government for the… Read More »AfDB Approves $104 Million in Funding to Ethiopia
The United States (US) on Wednesday, September 13 confirmed an aid in excess of $160 millionin response to the humanitarian crisis caused by Sudan’s civil… Read More »US Sends $163 Million Humanitarian Aid to Sudan and Chad
The US and the European Union(EU) have expressed their appreciation for the recent commitment made by Angola, Zambia, and the Democratic Republic of Congo to… Read More »US, EU Joint Initiative in Empowering Angola, Zambia, and DR Congo
Australian Fortescue Metals Group is expected to make its final investment decision by end of the year for the development of a 300 MW capacity… Read More »Australian Conglomerate Fortescue Set to Build $1 billion Fertilizer Plant in Kenya
The African Export-Import Bank (Afreximbank) on Friday, September 8 announced a deal with Nigeria’s Anambra state to collaborate on development efforts through provision of advisory… Read More »Afreximbank, Nigerian State Sign $200 Million Debt Financing Deal
The European Investment Bank on Thursday, September 7 announced 50 million US dollars of support to climate finance initiatives in Africa at the just concluded… Read More »European Investment Bank Commits $50M to African Climate Summit Initiatives
Taiwan President Tsai Ing-Wen and her delegation on Wednesday, September 6 signed 3 Corporation agreements at Lozitha palace in Eswatini. The President who had embarked… Read More »Taiwan President Visits Africa, Signs Corporation deals With Eswatini
The U.S. Agency for International Development (USAID) has unveiled a comprehensive set of investments and initiatives during this week’s Africa Climate Summit held in Nairobi,… Read More »USAID Commits $35 Million to Empower African Climate Initiatives
The Saudi Fund for Development (SFD) on Wednesday, September 5 signed a new development loan agreement worth $30 million with the Ugandan government. Chief Executive… Read More »Saudi Arabia to Finance $30 Million Project in Uganda