Ethiopia: $ 10Bln to lead a revolution in manufacturing
The Ethiopians officials have announced an annual investment of one billion dollars over the next decade in the development of specialized industrial parks. These areas, […]
IFC
Nigeria: WB lends $175 Mln to GTBank for expansion
The International Finance Corporation (IFC), the private arm of the World Bank, has announced on March 17th, in a statement, the granting of a loan […]
Egypt : Important project gets $60m loan
The Mall of Arabia shopping center will be benefitting from a $60 million loan from the International Finance Corporation (IFC), a member of the World […]
Egypt: IFC striving to revive economy
Political instability in Egypt since the ouster of Islamist President Mohamed Mursi and banks’ increasing exposure to the indebted government, has given the country a […]
Egypt: European MPs Tie Financial Support to Democracy, IMF Loan not Coming yet
While Egypt is in dire need of foreign assistance to take up the various challenges triggered by the severe downturn of its economy, Members of […]
Solar-powered systems, the magical solution to enlighten Africa
Millions of Africans are still off the electricity grid despite the efforts made by governments, international financial organizations and NGOs because of the high costs […]
IFC to promote solar power generating in Sub-Saharan Africa
Projects to develop solar power will be launched in several countries in West and Central Africa, a region where limited supply of electricity is one […]