Prof. Collier tells Rwanda- Africa's "easy decade" of growth is coming to an end
Africa EAC Industry

Prof. Collier tells Rwanda- Africa’s “easy decade” of growth is coming to an end

Professor Paul Collier, one of the world’s most influential development economists, warns that Africa’s “easy decade” of accelerated economic growth is coming to an end, and only accelerated job creation and integration will ensure sustainable growth and development across the continent. Dr Collier, Professor of Economics and Public Policy in the Blavatnik School of Government […]

The Togolese Republic ("Togo") has become the twentieth (20th) Member State of Africa Finance Corporation ("AFC" or "the Corporation"), Africa's leading infrastructure development finance institution.
Africa Industry

Togo becomes 20th Member of Africa Finance Corporation

The Togolese Republic (“Togo”) has become the twentieth (20th) Member State of Africa Finance Corporation (“AFC” or “the Corporation”), Africa’s leading infrastructure development finance institution. Togo’s membership of AFC also makes it the 12th West African member of AFC after Nigeria, Guinea Bissau, Ghana, Sierra Leone, Gambia, Liberia, Guinea, Chad, Cape Verde, Benin and Côte […]

Africa Agribusiness Industry

Small-holder Farmers Need Access to Financing Across Agricultural Value Chain

Boksburg – Access to adequate financing is often identified as one of the key inhibitors to achieving long-term sustainability for Africa’s agricultural practitioners, particularly small-holder and subsistence-level farmers who typically must resort to borrowing from community members or pooling resources in order to make ends meet. “There is a real need to unlock financing for small-holder […]

The various projects that the private sector can invest in are in road transport, rail and oil
Africa Industry Investment

Private Sector urged to invest in Africa’s Transboundary Infrastructure Projects

NAIROBI – A senior adviser on regional integration and trade at the United Nations Economic Commission for Africa (ECA), Adeyinka Adeyemi, has assured private sector investors that dependable mechanisms have been established to facilitate and safeguard investment in transboundary projects across Africa. “I am pleased to inform you that we now have the PIDA Model […]

The Soroti solar plant in Uganda. By supporting small to medium-sized projects the current energy deficit in Africa can be rapidly reduced at a lower cost with a focus on many small and smart projects.
Africa Industry

Uganda makes major progress in de-risking renewable energy projects

LILONGWE – Uganda, Burundi, Malawi, Zambia and Benin have made significant progress in de-risking renewable energy projects in their countries in 2018. Since launching a year ago, the Regional Liquidity Support Facility (RLSF) has signed agreements with five countries ensuring that their Independent Power Producers (IPPs) receive protection against payment risks that often contribute to […]

The EUR 1.2 billion power generation project will consist of a 420MW hydroelectric power station as well as a 50KM transmission line
Africa Industry

AFC invests in Cameroon’s landmark 420MW Hydro-Electric power station

Africa Finance Corporation (“AFC” or “the Corporation”), the leading infrastructure development finance institution in Africa, has announced that it will invest in the Nachtigal Hydro Power Company (“NHPC”), located 65KM north of Yaounde in Cameroon. The EUR 1.2 billion power generation project will consist of a 420MW hydroelectric power station as well as a 50KM […]

At least some of Ethiopia’s increase in international flight bookings is being attributed to new-found confidence in the wake of reforms carried out by Prime Minister Abiy Ahmed
Africa Industry Travel

Addis Ababa’s Bole airport overtakes Dubai as leading gateway to Sub-Saharan Africa

The extraordinary rise of Ethiopia as a destination and a transfer hub for long-haul travel to Sub-Saharan Africa has been revealed in the latest findings from ForwardKeys which predicts future travel patterns by analyzing 17 million flight booking transactions a day. The data shows that Addis Ababa (Ethiopia’s capital) has grown its volume of international […]

The event will take place in Cape Town from May 14-16 next year
Africa Industry

African Utility Week gets seal of approval from U.S.

The 19th edition of the African Utility Week conference and exhibition in Cape Town has obtained official U.S. Trade Fair Certification from the U.S. Department of Commerce, paving the way for a greater American participation. Along with the recently acquired, co-located event POWERGEN Africa, the event gathers the largest group of power, energy and water professionals in the African […]

Africa Industry

Cape Town meeting to discuss next steps, opportunities for SA’s Black Industrialists Programme

CAPE TOWN – The second Black Industrialists Energy Summit will be hosted in Cape Town from December 11-12 as part of ‘EnergyWeek South Africa.’  The meeting takes place alongside the International Gas Cooperation Summit and the Southern Africa Renewable Energy Summit at the Westin Cape Town Hotel. Localisation policies have become a permanent factor for […]