Guinea gets $106 million to develop off grid projects
In Guinea, the World Bank and the French Development Agency (AFD) will support electrification projects in the capital city Conakry, and develop off grid in […]
Finance
Solar Energy: US to power 28 health clinics and 310 schools in Ghana
The US Trade and Development Agency (USTDA) is providing support for a detailed feasibility study for solar projects in Ghana, US Ambassador to Ghana Stephanie […]
Afdb approves €12.5 million investment in Adiwale Fund 1 targeting Francophone West Africa
The Board of the African Development Bank has approved a €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high […]
AfDB, World Bank commit more funds for renewable energies in Africa
The African Development Bank (AfDB) will soon launch ‘Green Baseload’ Facility to provide concessional finance to support reliable and affordable renewable energy, the bank’s president […]
Rwanda secures US$ 20 million from BADEA to increase electricity supply
The government of Rwanda has signed a concessional loan agreement with The Arab Bank for Economic Development in Africa (BADEA) to finance rural electrification project […]
Liberia to connect 102.000 households to the electricity grid
In Liberia, about 102,000 households will soon be connected to the national grid to increase reliable access to affordable electricity throughout the West African nation, […]
Successful new oil & gas drilling results offshore Ghana
Oslo-based exploration firm Aker Energy has found oil in the Pecan South-1A well, offshore Ghana after a drilling campaign in the West African nation. The […]
Tunisia: Tunisair to downsize, State tries to keep airline afloat
Tunisia’s flagship carrier will shed over 1,000 jobs by 2020 as part of austerity measures by the state to keep the airline in operation. Transport […]
Zimbabwe lays off over 3,000 civil servants
zimbabThe government of Zimbabwe has laid off over 3000 workers, as President Emmerson Mnangagwa tries to make good on its promise to cut the bloated […]
Chinese FM welcomed in Ethiopia, dismisses Africa debt fears
China’s foreign minister, Wang Yi, on Thursday said Beijing will continue supplying loans to African governments despite accusations that China’s increased investments on the continent […]