133 million Climate Fund for Africa-Canada, AfDB
Africa Investment

133 million Climate Fund for Africa-Canada, AfDB

Abidjan, 23 March 2021 – The Government of Canada and the African Development Bank have signed an agreement formalizing the Canada–African Development Bank Climate Fund (CACF), a transformative special fund aimed at providing concessional loans to climate change-related projects with a strong gender-responsive component. The fund will be capitalized through a combination of CAD 122.9 million ($104.8 […]

Uganda Investment Authority Hailed for Availing Land to Investors
Africa Investment

Uganda Investment Authority Hailed for Availing Land to Investors

  Mbarara, Uganda: In line with the government of Uganda’s agenda to boost industrialization, the Uganda Investment Authority (UIA) provides serviced industrial and business parks to investors across the country. These Parks ease access of land to investors, create more jobs, introduce new research and technology, boost skills developments and increase Uganda’s exports base. It […]

US$1billion Deal Signed for Continental Transit Scheme-COMESA, AFREXIMBANK
Africa Investment

US$1billion Deal Signed for Continental Transit Scheme-COMESA, AFREXIMBANK

Wednesday, March 10, 2021: COMESA and the African Export-Import Bank (Afreximbank) have signed an agreement to implement the African Collaborative Transit Guarantee Scheme (AACTGS). A programme designed to facilitate the smooth transit of goods across Africa through a continent-wide single-technology enabled transit guarantee scheme. The AACTGS is a US$1billion project supported by the Afreximbank out of […]

Radisson Individuals Makes its African Debut with Hotel Signing in Ghana
Africa Investment Tourism

Radisson Individuals Makes its African Debut with Hotel Signing in Ghana

Radisson Hotel Group is proud to announce its first Radisson Individuals property in Africa, with the signing of Earl Heights Suites Hotel, a member of Radisson Individuals, Accra, Ghana.  Located in Dzorwulu, the property is currently undergoing a full renovation and is on schedule to open within this year. Just 5km from Kotoka International Airport […]

Energy Sector Players in a Drive to Improve Power Supply-Northern Uganda
Africa Industry Investment

Energy Sector Players in a Drive to Improve Power Supply-Northern Uganda

Energy sector players in a drive to improve power supply in Northern Uganda. Northern Uganda has experienced unprecedented growth over the past years which has come along with increasing demand for electricity. Given the escalating thirst for electricity, Umeme and other sector players including UETCL, UEDCL and REA are undertaking critical projects to improve supply […]

HDPE Pipe Factory Construction Takes Off in Ruiru, Kenya
Africa Investment Opportunities

HDPE Pipe Factory Construction Takes Off in Ruiru, Kenya

HDPE pipe factory construction takes off in Ruiru, Kiambu County started on February 15 after the county and national government authorities gave the nod. Megapipes Solutions Limited, the latest entrant in the Kenyan market proposes to construct a factory for manufacturing of HDPE Plastic pipes, namely double-wall structured HDPE pipes (Weholite) and solid wall HDPE […]

$965,000 Grant Boost to ESCO-African Development Bank’s (SEFA)
Africa Investment

$965,000 Grant Boost to ESCO-African Development Bank’s (SEFA)

Abidjan, Côte d’Ivoire, 17 February 2021 – The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) is providing a $965,000 grant to Morocco’s Société d’Ingénierie Energétique (SIE), to support its transition into the first Super Energy Service Company (ESCO) initiative in Africa.  “This support from the African Development Bank will enable the operationalization of […]