Egypt’s c. bank joins PAPSS to boost intra-African trade
The Central Bank of Egypt (CBE) approved joining the Pan-African Payment and Settlement System (PAPSS) in November…
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Malawi
Malawi receives $11.2m for El Niño drought relief
Malawi received an $11.2 million insurance payout from the African Risk Capacity (ARC) Group and the African…
GCF approves $52.3m project to aid Malawi’s climate resilience
The Green Climate Fund (GCF) has approved a $52.3 million project to help Malawi cope with climate change and…
Zimbabwe growth downgraded as severe drought weighs on
Zimbabwe has downgraded its 2024 economic growth forecast to 2 per cent from 3.5 per cent, due to an El…
Big 5 Construct showcases Egypt’s infrastructure transformation
Egypt's construction and infrastructure sectors are thriving with new cities and mega projects. The sixth edition…
Zimbabwe approves Musk’s Starlink
Zimbabwe's telecommunications regulatory authority has approved Elon Musk's Starlink, the satellite arm of SpaceX,…
African leaders urge record funds for development
African leaders on Monday urged wealthy nations to make record commitments to a low-interest World Bank programme…
S&P raises OPEC Fund rating after signing new $600mln financing
S&P Global Ratings, an international ratings agency, raised the long-term issuer credit rating of the OPEC Fund…
Infinity power leads 11 country for 5 GW BESS project by 2024
Infinity Power, the largest dedicated renewable energy provider in Africa, has declared that a unique consortium of…
UK announces new initiative to develop climate resilient crops
British Prime Minister Rishi Sunak announces a new scientific project aimed at consolidating efforts to develop…
