Don’t expect debt relief, US warns Africa
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 […]
Finance
Comoros: AfDB approves €25.22 million for renewable energy
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
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
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
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
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
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
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
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. […]
Angola & USA sign anti-money laundering agreement
The Angolan Finance Ministry and the US Treasury Department signed a technical assistance agreement with the Financial Information Unit (FIU) and other bodies involved in […]