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Finance

KFED sets operational framework for Entrepreneurship Support Agreement with Togo

July 17, 2019 Khalid Al Mouahidi 0

The Khalifa Fund for Enterprise Development, KFED, has announced an operational set of standards and guidelines to be followed under the recently signed Entrepreneurship Support […]

Don’t expect debt relief, US warns Africa

June 24, 2019 Khalid Al Mouahidi 0

Tibor Peter Nagy, the US Assistant Secretary of State for African Affairs, has warned African countries running up debt that they should not expect to […]

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Comoros: AfDB approves €25.22 million for renewable energy

June 21, 2019 Khalid Al Mouahidi 0

The African Development Bank (AfDB) has approved the disbursement of €8.63 million to Comoros for the implementation of a power generation program. The funding according […]

France allocates Togo €14 million for waste management

June 1, 2019 Khalid Al Mouahidi 0

The French Development Agency (AFD) approved €14 million in funding to the municipality of Lomé, to improve waste management in Togo’s capital. Lomé, a city […]

Kenya: President Kenyatta’s housing project attracts $30bln investment

May 29, 2019 Khalid Al Mouahidi 0

The affordable housing agenda of President Uhuru Kenyatta of Kenya has received investment offer of almost $30 billion (Sh3 trillion), way above the target of […]

South Africa: Carbon tax implementation expected this week

May 27, 2019 Khalid Al Mouahidi 0

South Africa’s long-delayed carbon tax will be implemented on 1 June 2019. The bill has been enshrined in law, the treasury said on Sunday. The […]

UAE investments in Egypt reach $6.66 billion in 2018

May 15, 2019 Khalid Al Mouahidi 0

UAE investments in Egypt slightly went up in 2018 to reach $6.66 billion compared to $6.513 billion in 2017. The figures were disclosed by UAE […]

Botswana announces massive investments in renewable energy

April 30, 2019 Khalid Al Mouahidi 0

The government of Botswana has recently reached an agreement with the World Bank to develop a national strategic plan for the development of renewable energy […]

Nigeria: minimum wage to increase to $98

April 19, 2019 Khalid Al Mouahidi 0

Nigerian President Muhammadu Buhari on Thursday signed into law a bill to increase minimum wage from 18,000 to 30,000 naira ($98) with immediate effect. According […]

Malawi: IFC invests in 258 MW hydroelectric project

April 18, 2019 Khalid Al Mouahidi 0

The Government of Malawi has signed a partnership agreement with IFC InfraVentures for the development of the Mpatamanga hydroelectric project in the southern African nation. […]

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