The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower Project.
Africa EAC Industry Investment Resources

Rwanda’s Ruzizi IV Hydro Power Project gets 8 million Euros from AfDB

The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower Project. The plant will be situated on the Ruzizi River between Rwanda and the Democratic Republic of Congo and will supply electricity […]

The African Youth Parliament is pushing for the recognition of Somaliland as an independent state.
Africa EAC Industry

Africa Youth Parliament admits Somaliland as its 55th member

The African Youth Parliament is pushing for the recognition of Somaliland as an independent state. The AYP with representation from 54 countries in Africa has already admitted Somaliland membership in its gathering. In a statement from the AYP after a visit in Somaliland late November, the parliament stated: “The African Youth Parliament is a continental […]

Over three million people in Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s board in Abidjan.
EAC Industry Investment

3 million people to benefit from AfDB’s €345m road construction support

Over three million people in Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s board in Abidjan. The Bank’s support for the Mombasa-Lunga Lunga/Horohoro and Tanga-Pangani-Bagamoyo roads Phase I is in the form of African Development Bank and African Development Fund loans and […]

French Multinational Automobile Manufacturer Renault, through their authorized distributor in Uganda Victoria Motors Ltd, has introduced Renault Trucks codenamed Safety+ Edition Trucks on to the Ugandan Market.
Africa EAC Industry

French Company Renault introduces Safety+ Edition Trucks in Uganda

French Multinational Automobile Manufacturer Renault, through their authorized distributor in Uganda Victoria Motors Ltd, has introduced Renault Trucks codenamed Safety+ Edition Trucks on to the Ugandan Market. The French Company, that started production in 1899, has introduced the Safety +Edition Trucks that come with additional and enhanced features like High Power Retardation, Neutral Inhibition while […]

The MEDEF, the largest French business leaders association has organized a multi-sector trade mission of French business leaders aimed at enabling them to prospect a market that offers significant business opportunities and also identify potential local partners for their future activities.
Africa EAC Industry

French and UAE delegations in Uganda for trade opportunities

The MEDEF, the largest French business leaders association has organized a multi-sector trade mission of French business leaders aimed at enabling them to prospect a market that offers significant business opportunities and also identify potential local partners for their future activities. The French Companies that have arrived in Uganda this morning for the trade mission […]