Zambia has agreed to restructure a $1.5 billion debt owed by Mopani Copper Mines to Glencore, according to a statement from ZCCM-Investment Holdings. Zambia appointed… Read More »Zambia Agrees to Restructure $1.5 Billion Debt with New Mopani Mines Investor
The European Commission (EC) and the African Development Bank Group (AfDB) have formalised a new Financial Framework Partnership Agreement to boost investments in infrastructure projects… Read More »Italy-Africa Summit: European Commission, AfDB Unlock New Funding for African Projects
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
The government of Kenya on Wednesday, January 24 announced the discovery of Coltan, a precious mineral used in making technological gadget’s. The Minister for Mining,… Read More »Kenya Discovers Vast Coltan Reserves Used to Make Gadgets
Zambian President, Hakainde Hichilema is set to spearhead mining dialogue with a keynote address after he confirmed he will attend the high level event in… Read More »Zambian President to Spearhead Mining Dialogue at Mining Indaba with Keynote Address
The African Development Bank’s Board of Directors have decided to invest $10.50 million in the Seedstars Africa Ventures(SAV) venture capital fund. This investment will help… Read More »African Development Bank Invests $10.5 Million in Seedstars Africa Ventures
South Africa’s Rand Merchant Bank(RMB) has announced a partnership with KOKO, a leading climate technology firm. The objective of the partnership is to foster carbon… Read More »RMB and KOKO Partner for Carbon Business Growth and Sustainable Energy in Africa
The European Investment Bank (EIB) has invested US$30 million in Seedstars Africa Ventures. This funding will strengthen the support provided to innovative businesses and startups… Read More »EIB Invests $30M in Seedstars Africa to Boost Innovation.
On Thursday, Tanzania secured a $1.1 billion financing package from the World Bank, promoting inclusive growth and urban services. The funds will enhance climate resilience… Read More »Tanzania secures $1.1bn World Bank Investment Fund
Kenyan- based Abyssinia Iron and Steel Limited on Wednesday, December 20 signed a Power Purchase Agreement with Norway’s solar power financier Empower New Energy. The… Read More »Kenya-Based Abyssinia Steel and Spenomatic join Forces with Empower New Energy to Solarise Awasi Steel Factory