Canadian exploration firm Africa Oil has ended its operations in Kenya, setting eyes on other markets. In an official statement on May 23, Africa Oil’s… Read More »Canadian Firm Africa Oil Exits Kenya, Shifts Operations to Namibia
Three African countries will benefit from the UK’s £15 million funding aimed at promoting healthcare in Africa. The initiative, under the UK’s Official Development Assistance… Read More »Ghana, Nigeria and Kenya Secure £15 million UK Funding to Promote Healthcare in Africa
African Development Bank (AfDB), has approved a $15 million subordinated loan to bolster Nigeria’s Infrastructure. The credit facility from Infrastructure Credit Guarantee Company Limited (InfraCredit),… Read More »InfraCredit Secures $15M Loan from AfDB to Boost Nigeria’s Infrastructure
Africa – Europe trade got a major boost after Nigeria’s Access Bank launched a subsidiary in Paris to tap investment opportunities. Named Access Bank Paris,… Read More »Africa – Europe Trade: Nigeria’s Access Bank Ventures in France to Boost Investment
President Paul Kagame has challenged African member states to invest in nuclear power as a sufficient electricity source to bridge Africa’s energy gap. Rwanda, a… Read More »Rwanda Urges African Nations to Invest in Nuclear Energy
The Milken Institute and the Motsepe Foundation announced the winners of the Milken-Motsepe Prize in AgriTech, the first of a series of multiyear, multimillion-dollar innovation… Read More »Tanzania’s NovFeed Biotech Secures $1M Prize in Agritech
The African Development Bank Group (AfDB) has signed a $350 million credit facility with the Japan International Cooperation Agency (JICA) to finance private sector operations… Read More »AfDB, JICA Unleash $350M to boost Africa’s Private Sector
Chargel, a Senegalese-based logistics startup has secured $2.5 million for its logistics business as it eyes to expand to more countries across Africa. The startup… Read More »Senegalese-Based Chargel startup secures $2.5M Seed Capital
The government of Tanzania has secured a loan for the construction of a hydropower project in Kageran, the northern part of the country. The deal… Read More »Tanzania Secures $339.5M Credit for Hydropower Project from AfDB) and French Development Agency
The Democratic Republic of Congo and Zambia have partnered to establish special economic zones for the production of electric vehicles and batteries. The African Export-Import… Read More »DRC, Zambia join forces with Afreximbank and UN Economic Commission for Africa to produce Electric Vehicles & Batteries