Last year, Chinese President Xi Jinping pledged an additional $60bn for African development over the next three years
Africa Industry Investment Opportunities

African Energy Chamber to Conduct Working Visit in Beijing

To support growing energy cooperation and investment between China and Africa, the African Energy Chamber is organizing a working visit to Beijing next week. Led by Executive Chairman Nj Ayuk, the delegation from the Chamber will be meeting with CEOs and Chairmen from China’s state-owned energy companies and the private sector, along with key industry […]

Uganda's State Minister for Investment Evelyn Anite (4L) with the New Board Members of Uganda Investment Authority.
Industry Investment

‘Investors’ mortgaging Uganda Industrial Park Land

Uganda’s State Minister for Investment Evelyn Anite has tasked the New Board of Directors of Uganda Investment Authority to attract high-quality Foreign Direct Investments saying such investments will attract decent jobs and add value. The Minister said for many years, Uganda has attracted some quack investors who, instead of carrying out investments on land freely […]

The Memorandum of Understanding (MoU) addresses the country’s energy and infrastructure sectors.
Africa Industry Investment Resources

Ethiopia collaborates with Siemens to address urgent energy challenges

Siemens has announced that it has signed a Memorandum of Understanding (MOU) with the Federal Democratic Republic of Ethiopia to support the government’s objective of becoming a low middle-income country by 2025. The Memorandum of Understanding (MoU) addresses the country’s energy and infrastructure sectors. Other key aspects of the agreement include financing concepts that will […]

From a development perspective, the Bank investment will provide growth capital to African SMEs
Africa Industry Investment Opportunities

AfDB Approves €12.5m Fund for SMEs in Francophone West Africa

ABIDJAN – The Board of the African Development Bank has approved a€12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium Sized Enterprises ( SMEs)  in Francophone West Africa. With a target fund size of €75 million, the Fund will take minority stakes in SMEs that are […]