Opinions

Public Development Banks Can Drive Sustainable Finance

Manish Bapna, Frannie Leautier, and Rémy Rioux, WASHINGTON, DC – A climate-resilient future requires public finance. But strong, long-term strategies for financing climate action have, so far, received little attention. One often overlooked route to meeting this need is public development banks. Much of the conversation about financing climate action focuses on multilateral development banks. […]

Umeme invests USD 4.2m in Luuka
Africa Investment

Umeme invests USD 4.2m in Luuka

Umeme has commissioned another multi-billion project in Luuka District in its quest to boost the Government’s ambitious access agenda and rural electrification. The US$ 4,205,623 (about sh15.2b) project, which involved the construction of over a 500km distribution line, with 96 transformers, will benefit up to 1,000 households. The funding is part of the $100m (about […]

The Metamorphosis of Growth Policy
Opinions

The Metamorphosis of Growth Policy

Dani Rodrik, CAMBRIDGE – Development policy has long been divided between two types of approaches. One approach targets poor people directly and seeks to alleviate the poverty of individual households – through income support, health and education interventions, and enhanced access to credit. The other focuses on enhancing economic opportunities and raising overall productivity – […]

Ethiopian Airlines Renews USD 110m Deal
Africa Travel

Ethiopian Airlines Renews USD 110m Deal

ADDIS ABABA, Ethiopia and SOUTHLAKE, Texas– 11 October 2021– Sabre Corporation (NASDAQ: SABR), the leading software and technology provider that powers the global travel industry, and Ethiopian Airlines, Ethiopia’s flag carrier and the largest airline in Africa, have renewed their long-term strategic partnership for another seven year with minimum commitment of USD 110 million. Under […]

Angola Shows Great Interest in IATF2021
Africa Markets

Angola Shows Great Interest in IATF2021

The promotional tour of the second Intra-African Trade Fair (IATF2021) stopped yesterday in Luanda, Angola, where the organisers met with the business community and government representatives to raise awareness and encourage participation in the trade fair. Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the African Continental Free […]