Africa - Page 24

AfDB Approves $252.83 Million Loan For Road Infrastructure In Uganda

The Board of Directors of the African Development Bank Group approved a loan amounting to $252.83 million for Uganda for the road infrastructure. The loan is allocated to finance the construction of

Emmanuel Ochayi

1 year ago

AfDB Boosts Nigerian Fertilizer Industry With $75m Loan

Africa·Business·Latest News

Multilateral Development Banks Pledge Action To Tackle Africa’s Climate Crisis

Multilateral Development Banks gathered at the 2023 UN Climate Change Conference (COP 28) in Dubai have committed to extensive global action to address Africa’s critical climate change challenges. In a joint statement

Emmanuel Ochayi

1 year ago

Africa·Business·Latest News·World News

African, Global Institutions Pledge $175M For Green Infrastructure

African and global institutions, joined by the governments of Germany, France, and Japan along with philanthropies, have pledged over $175 million towards the Alliance for Green Infrastructure in Africa (AGIA). This commitment

Emmanuel Ochayi

1 year ago

Africa·Business·Latest News·Oil & Gas

Nigeria, Ghana, Others Lead Consortium To Deploy 5 GW Battery Energy Storage Systems

Ten countries, including Egypt, Ghana, India, Kenya, Malawi, Mauritania, Mozambique, Nigeria, and Togo, joined the Battery Energy Storage Systems (BESS) Consortium. Spearheaded by the Global Energy Alliance for People and Planet’s Global

Emmanuel Ochayi

1 year ago

Africa·Business·Latest News·World News

UAE Pledges $4.5 Billion To Fund Renewable Energy Projects Across Africa

Sultan Ahmed Al-Jaber, UAE’s special envoy on climate change, revealed the UAE’s commitment to a $4.5 billion fund aimed at advancing renewable energy initiatives across Africa. Al-Jaber emphasized during an interview with

Emmanuel Ochayi

1 year ago

Africa

ECOWAS Condemns Violence In Guinea Bissau, Calls For Arrest Of Culprits

ECOWAS) has risen in condemnation of the conflict that erupted in Guinea Bissau on Friday, December 1, 2023.

Victor Ezeja

1 year ago

AfDB Announces $1.44 Billion Investment In Nigeria's Infrastructure

Africa·Business·Latest News

Nigeria Can Lead Lithium-Ion Battery Production, Climate Transition, Says AfDB

In a revelation, the African Development Bank (AfDB) foresees Nigeria emerging as a global leader in lithium-ion battery manufacturing. Highlighting the country’s potential, the bank’s revised economic outlook for 2024, which was unveiled,

Emmanuel Ochayi

1 year ago

Africa·Business·Latest News

AfDB Revises Africa’s Economic Growth From 4.3% To 3.8% In 2024, Cites Multifaceted Challenges

In an update to economic outlook, the African Development Bank (AfDB) has slashed growth projections for the African economy from 4.3% To 3.8% In 2024, highlighting various factors contributing to the downward revision. Speaking to

Emmanuel Ochayi

1 year ago

Brent Crude Surges To $83 As African Producers Face Quota Tensions

Africa·Business·Latest News·Oil & Gas·World News

Brent Crude Oil Surges To $83 As African Producers Face Quota Tensions

Amidst escalating tensions within the Organization of Petroleum Exporting Countries (OPEC), Brent crude surged to $83.60 per barrel, setting the stage for OPEC’s meeting today. The meeting, which was delayed due to discord

Emmanuel Ochayi

1 year ago

Africa·Agro-Economy·Business·Latest News

Raedial Farms Seals Partnership With Compagnie Fruitere, Diversifying Nigeria’s Agri-Exports

In a stride towards bolstering Nigeria’s agricultural export industry, Raedial Farms Limited, a subsidiary of Raedial Holdings Limited, inked a partnership agreement with Compagnie Fruitere, a French giant renowned for its extensive fruit

Emmanuel Ochayi

1 year ago

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Africa - Page 24

AfDB Approves $252.83 Million Loan For Road Infrastructure In Uganda

Multilateral Development Banks Pledge Action To Tackle Africa’s Climate Crisis

African, Global Institutions Pledge $175M For Green Infrastructure

Nigeria, Ghana, Others Lead Consortium To Deploy 5 GW Battery Energy Storage Systems

UAE Pledges $4.5 Billion To Fund Renewable Energy Projects Across Africa

ECOWAS Condemns Violence In Guinea Bissau, Calls For Arrest Of Culprits

Nigeria Can Lead Lithium-Ion Battery Production, Climate Transition, Says AfDB

AfDB Revises Africa’s Economic Growth From 4.3% To 3.8% In 2024, Cites Multifaceted Challenges

Brent Crude Oil Surges To $83 As African Producers Face Quota Tensions

Raedial Farms Seals Partnership With Compagnie Fruitere, Diversifying Nigeria’s Agri-Exports

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