Africa News Africa’s economies to grow 3.7% in ’24, 4.3% in ’25 – AfDB chair Aya Anwar May 29, 2024 0 Africa's economic growth is poised to accelerate to 3.7 per cent this year and 4.3 per cent next, up from 3.1 per…
Featured Africa needs $1.3t annually for sustainable development – minister Aya El Sayed May 27, 2024 0 Africa needs $1.3 trillion annually to meet its sustainable development needs by the end of this decade in 2030,…
Africa News British lender announces $100m financing pact for Africa Aya Anwar Mar 25, 2024 0 British International Investment, a development lender, announced a $100 million financing agreement with TDB.
Featured COP28: France, Japan back AfDB’s SDR plan Aya El Sayed Dec 4, 2023 0 France and Japan will support the African Development Bank’s scheme to use IMF Special Drawing Rights (SDRs) for…
Africa News AfDB calls for investment in SAPZs Sama Mousa Nov 9, 2023 0 Akinwumi Adesina, President of the African Development Bank (AfDB), called for investment in Special…
Industry & Trade Saudi ACWA Power secures $123 mln to construct solar project in Egypt Nada Ali Aug 30, 2023 0 Saudi Arabian utility developer ACWA Power announced on Wednesday that it has successfully secured a $123 million…
Money Egyptian firms on AfDB’s funding priority – minister Yassmine Elbehnaihy May 28, 2023 0 Egyptian firms were prioritized for funding from the African Development Bank (AfDB), with Egypt's ability to…
Africa News Fintech startups raise $250 million in Egypt: CBE sub governor Sama Mousa May 25, 2023 0 Fintech startups have raised $250 million in Egypt said Rasha Negm, Assistant Sub-governor of fintech, during the…
Africa News Africa’s 0.2% shares of global green bonds need to get higher- AfDB Chief Yassmine Elbehnaihy May 24, 2023 0 Africa’s shares of global green bonds represent 0.2 percent of two trillion dollars, said president of the African…
Banks Africa offers private sectors investment opportunities in green development area Nada Ali May 24, 2023 0 Africa offers the private sector trillion-dollar investment opportunities in green development sectors, including…