QATAR DEVELOPMENT BANK SPONSORS ITS SECOND VIRTUAL TRADE SHOW IN AFRICA
Dubai, 20th September 2020: Following the resounding success of Africa Food Show’s Virtual Edition two months ago, Qatar Development Bank and MIE Groups …...
Read MoreIFC invests $5.6b to support private sector development in Africa
The International Finance Corporation (IFC), a member of the World Bank Group, has committed $5.6 billion to private sector development in the Middle East and sub-Saharan Africa in …...
Read MorePublic-private sector investments needed for infrastructural development
Mrs Elsie Addo Awadzi, the Second Deputy Governor of the Bank of Ghana, said critical public-private sector investments in infrastructure over the medium-term will be key to increas…...
Read MoreGhana Cocoa Board, African Development Bank and financial partners celebrate first $200 million disb
Ghana supplies 70% of all cocoa beans imported into Japan and cocoa is seen as one of the nation’s most essential import commoditiesABIDJAN,Ivory Coast, June 26, 2020/ — Ghana Coc…...
Read MoreAfrican Development Bank unveils strategy roadmap to safeguard food security against impacts of COVI
The African Development Bank has unveiled a strategic roadmap of projects and programmes to assist African countries in tackling the nutrition and food se…...
Read MoreAfrican Development Bank welcomes $10 million Clean Technology Fund investment to diversify Ethiopia
(AfDB ) - The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund (CTF), one of two funds within the…...
Read MoreRwanda: Top Developments That Shaped Economy in 2019
Dec. 31 2-10 -- The year 2019 saw a wave of consolidation and acquisitions of financial institutions; banks and insurance firms.This is partly due to the revision of minimum capital…...
Read MoreSaudi's ACWA Power To Drive Solar Energy Development In Ethiopia
Dec. 23 -- ACWA Power, a leading international developer and operator of power generation and water desalination projects, signed two long-term power purchase agreements (PPA) with …...
Read MoreTanzania: African Development Bank’s $55mln facility to jumpstart private sector growth
23-Dec-2019 -- The African Development Bank has approved a $55 million facility to strengthen implementation of reforms to enhance Tanzania’s economic co…...
Read MoreMorocco Secures Deal with Russian Development Bank to Build Oil Refinery
Moroccan company Mya Energy inked a deal with Russian state development cooperation VEB on Wednesday, October 23. The deal concerns the construction of a €2 billion oil refinery i…...
Read MoreAfrican port development could break investment logjam
Cape Town, Oct. 10 -- Africa’s inefficient ports and harbours have long been a major obstacle to development, but now money is finally being spent on modernising the continent’s g…...
Read MoreEnvoy credits China's development to laudable delivery
By John Elliot HAGAN, Accra Chinese Ambassador to Ghana, Shi Ting Wan has attributed Chinas rapid socio-economic development to what he described as laudable delivery of the Chinese…...
Read MoreBlue Economy key to Kenya’s development, says President Kenyatta
PSCU…President Uhuru Kenyatta has said Kenya is prioritizing the implementation of sustainable blue economy programs because of the sector’s potential to accelerate the country’s…...
Read MoreOfficial says China "strategic" for Rwanda's development
KIGALI, Aug. 9 (Xinhua) -- China is a "strategic" country for Rwandas development due to its great capacity in terms of capital, investments, innovation, manufacturing and…...
Read MoreChina, Africa highlight growth’s role in promotion of human rights
China and Cape Verde, two countries significantly different in size, equally understand the importance of development to the realization of human rights.Addressing a side event duri…...
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