A Stronger Africa Needs Stronger Investment Policies
Stable fiscal regimes, predictable contract terms, and anti-corruption measures help de-risk projects and give investors the confidence to commit long-term capital
Afreximbank Breaks Ground on New US$250mn Headquarters, Trade Center, in Egypt's New Capital
The African Export-Import Bank (Afreximbank) held a groundbreaking ceremony for the Afreximbank African Trade Centre (AATC) in Egypt’s New Capital
AfDB's Partners to Replenish Fund with Record-Breaking US$ 11bn
The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group, has secured US $11 billion from 43 Partners
Equatorial Guinea Joins the Africa Finance Corporation
Equatorial Guinea has become the 47th member of the Africa Finance Corporation, the continental body said in a statement on Thursday.M-PESA Ethiopia Raises Alarm Over Access Block on Ethio Telecom Network
M-PESA Ethiopia reported that its new telco-agnostic Lehulm app became inaccessible on smartphones using Ethio Telecom mobile data days after launch. The company says customers cannot log in or complete transactions and is engaging regulators to restore access. The issue mirrors World Bank findings that Ethiopia’s telecom market still contains structural imbalances that favour the state-owned operator.
Africa’s Demand for Refined Fuel to Surge into 2050
Africa's oil demand will continue growing to 2050 and beyond, fueled by population growth, industrialization, and urbanization.Sustainable Aviation Fuels Could be Africa's Next Industrial Frontier
Domestic Sustainable aviation fuel production could help address structural cost disadvantages facing African airlines — higher jet fuel prices, weak supplier competition, low procurement volumes, and higher taxes
Private Millers Take Over Troubled Sugar Factories
Private operators taking over the four State-owned sugar mills will pay annual rent of up to KSh 45,000 per hectare and concession fees tied to sugar and molasses production
Africa Finance Corporation Raises US$524m Samurai Loan Facility
Infrastructure solutions provider Africa Finance Corporation (AFC) has closed a US$524 million equivalent dual-currency Samurai term loan facility.Marriott International Debuts in the DRC with Two Hotels
Marriott International has made its debut in The Democratic Republic of the Congo (DRC) with the openings of Protea Hotel by Marriott Kinshasa and Four Points by Sheraton Kinshasa.Afreximbank Raises US$ 527mn in Second Samurai Bond Transactions
Afreximbank has closed its second Samurai bond transaction, securing a total of JPY 81.8 billion (approx. USD 527 million) through Regular and Retail Samurai BondsAfrica Finance Corporation Secures US$ 75Mn Credit Line from the Arab Bank for Economic Development in Africa
Africa Finance Corporation (AFC) has secured a US$75 million term loan facility from the Arab Bank for Economic Development in Africa (BADEA)
