Wednesday, March 29, 2017

IFC, CDC Invest $35m to Develop Modern Warehousing in Kenya

The World Bank Group’s International Finance Cooperation (IFC) and the UK’s development finance institution, CDC Group have come together in a venture to improve logistics infrastructure in Kenya, in a region where the lack...

Tanzania: Seven Cities get World Bank Infrastructure Investment Support

Residents of seven rapidly urbanizing cities in Tanzania will benefit from funding to scale up infrastructure investments and promote growth, the World Bank Group announced today. The World Bank Board of Executive Directors approved up...

ECA’s Liberia Economic Support Programme set for Take-off

The Economic Commission for Africa (ECA) has met with Liberian President Ellen Johnson Sirleaf to prepare for the implementation of an economic support programme for the country. The meeting follows the signing of a Memorandum...

Nepad-IPPF Sustains Key Role in Africa’s Infrastructure Development

The New Partnership for Africa's Development Infrastructure Project Preparation Facility (NEPAD-IPPF) has continued to play a leading role in supporting African countries to strengthen regional infrastructure connectivity, promote Africa's integration and industrialization efforts. in 2016...

Ethiopian Parliament Okays Infrastructure Loan Agreement With Chinese Bank

Ethiopia's parliament on Tuesday approved a 250-million-U.S.-dollar loan agreement made with China's Export-Import (Exim) Bank to finance major infrastructure construction in the country. The loan agreement, already approved by the Ethiopian House of Peoples' Representatives,...
AGOA

Ghanaian Stakeholders equipped to increase exports under AGOA

A technical workshop has been organised in Ghana to equip exporters to maximize the opportunities the African Growth Opportunity Act (AGOA) trade agreement. Mr Mark Badu-Aboagye, the Chief Executive Officer (CEO) of the Ghana National...

Carbon certification process launched in DRC

Virunga National Park and Africa’s leading carbon finance group, Aera Group have launched a VCS carbon certification process for Matebe hydro-power plant, offering the possibility for further carbon certification in the Democratic Republic of...

Africa needs Better Data for 2030 SDGs Agenda – UN Under-Sec-Gen Wu Hongbo

United Nations Under-Secretary-General for Economic and Social Affairs, Wu Hongbo has called for the improvement of data collection by those charged with realising the 2030 transformative Agenda for Sustainable Development Goals (SDGs) for Africa. He...

Germany, Africa to explore growth opportunities in Nairobi Summit

The German-African Business Summit (GABS) will be held in Nairobi, Kenya from 8th to 10th February 2017. The conference which was first held in Berlin, Germany in 2015 is a platform for decision-makers in business...

China to Build Special Economic Zone for Congo

Chinese Foreign Minister Wang Yi has said that China would help the Republic of Congo build a special economic zone (SEZ) in the harbor city of Pointe Noire. Wang made the pledge in a meeting...