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 […]

Egyptian Businesses Set for AfCFTA at IATF2021
Africa Investment

Egyptian Businesses Set for AfCFTA at IATF2021

Cairo, 7 October 2021: – The organisers of the Intra-African Trade Fair (IATF2021) met with the business community in Cairo, Egypt, on 5 October to raise awareness and encourage attendance to the second Intra-African Trade Fair (IATF2021). Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the African Continental Free Trade Area (AfCFTA) […]

Africa Opportunities

REPP Seeks New Request for Proposals

The UK-government funded programme is calling for applications for funding from industry pioneers across Sub-Saharan Africa. London, 5 October 2021: The Renewable Energy Performance Platform (REPP) today issued its latest request for proposals (RFP) targeting innovative companies and entrepreneurs working in Sub-Sahara Africa’s renewable energy space. By focusing on clean energy pioneers, REPP – managed […]

Germany Commits €100m Investment for Renewable Energy
Africa Investment

Germany Commits €100m Investment for Renewable Energy

Abidjan, 30 September 2021– The German government will contribute €100 million to the African Development Bank’s Sustainable Energy Fund for Africa (SEFA), affirming its commitment to efforts to tap Africa’s renewable energy potential and drive its transition to clean energy sources. The announcement came during the United Nations High-Level Dialogue on Energy, held in New York on 24 […]

Africa Opportunities

Côte d’Ivoire-Benefits of Attending the IATF 2021

Abidjan, 29 September 2021: – The organisers of the Intra-African Trade Fair (IATF2021) met with the business community in Abidjan, Côte d’Ivoire, on 27 September to raise awareness and encourage private sector participation in the African continent’s premier trade and investment event. Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union […]

Human Resources a Critical Lever for Business-Report
Africa Jobs & career

Human Resources a Critical Lever for Business-Report

Pan-African human capital advisory firm, Africa People Advisory Group has released the findings from their recent Africa Human Resources Metrics benchmark study. The report captures benchmark data from across the continent against 25 people and business metrics from 130 companies, in just over 40 African countries. The report was curated in partnership with Stonefield Advisory, […]

Afreximbank, AfCFTA Announce Roll-Out of PAPSS
Africa Opportunities

Afreximbank, AfCFTA Announce Roll-Out of PAPSS

Cairo and Accra, 28 September 2021: – African Export-Import Bank (Afreximbank) and AfCFTA Secretariat announced today the operational roll-out of the Pan-African Payment and Settlement System (PAPSS), a revolutionary Financial Market Infrastructure to enable instant, cross-border payments in local currencies between African markets. By simplifying cross-border transactions and reducing the dependency on hard currencies for these transactions, […]

Africa Investment

Uganda Launches Electricity Access to Rural Communities

Iganga, 24 September 2021 – With support from the African Development Bank and other partners, the Ugandan government has launched the last-mile connectivity component under the Uganda Rural Electricity Access Project in Iganga in the eastern Luuka District. During the 14 September 2021 event, the Ministry of Energy and Mineral Development handed over electricity connection […]