Mauritania Secures $27M to Modernize Energy Sector
NOUAKCHOTT, Mauritania (BG) — Mauritania and the U.S.-based Millennium Challenge Corporation (MCC) have signed a $27 million threshold grant agreement...
Finance
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Tunisia Secures €80 Million Loan for Road Infrastructure Modernization
TUNIS, Tunisia (BG) — The African Development Bank (AfDB) has approved a €80.16 million loan to Tunisia to finance the...
Climate Tech in Sub-Saharan Africa Gets $10 Million Boost from African Dev’t Bank
ABIDJAN, Ivory Coast (BG) - The African Development Bank (AfDB) has committed $10 million from its Sustainable Energy Fund for...
Zimbabwe Launches $23.7 Million Project to Reduce Mercury Use in Artisanal Gold Mining
HARARE, Zimbabwe (BG) - Zimbabwe’s government has launched a $23.7 million project aimed at reducing mercury use in artisanal and...
Cameroon Secures €330 Million from African Development Bank to Boost Douala-N’Djamena Corridor
DOUALA, Cameroon (BG) - The African Development Bank Group (AfDB) has approved two loans totalling €330.48 million to Cameroon for...
$50 Million Financing Deal Targets Women-led Enterprises in Nigeria
RABAT, Morocco (BG) - The African Development Bank (AfDB) Group’s Affirmative Finance Action for Women in Africa (AFAWA) initiative is...
Rwanda Secures $100 Million Loan to Improve Urban Transport in Kigali
Project aims to ease congestion, enhance safety, and promote sustainable urban mobility in Kigali. KIGALI, Rwanda (BG) - The African...
African Energy Chamber Urges Ivory Coast to Push Forward with Oil, Gas Investment
SIREXE 2024 Highlights Ivory Coast’s Rising Role as a Regional Energy Hub JOHANNESBURG, South Africa (BG) - The African Energy...
Investment in Adolescent Girls Could Add $2.4 Trillion to Africa’s Economy by 2040, World Bank Says
Report calls for targeted investments in education, health, and empowerment to unlock economic potential. YAOUNDE, Cameroon (BG) - A World...
Experts Urge Global Financial Reform at African Economic Conference 2024
Debt burdens, climate shocks, and regional integration dominate discussions in Gaborone, Botswana GABORONE, Botswana (BG) - Leaders and experts at...
Nigeria’s Dangote Refinery to Export Petrol After Meeting Domestic Demand
Nigeria’s Dangote refinery will export up to 20 million liters of petrol daily after surpassing domestic demand, a milestone that...
Ghana Reports Fiscal Gains as Debt Falls and Inflation Eases
Ghana recorded stronger fiscal results in 2025, with lower public debt, easing inflation, and improved growth indicators following fiscal consolidation...
Cameroon Cocoa Wins Gold at Global Quality Awards
Cameroon cocoa won gold at the Cacao of Excellence Awards in Amsterdam, reinforcing its standing in premium cocoa markets and...
AI Expansion Targets Health and Education Systems in Rwanda
Artificial intelligence tools are set to boost Rwanda’s health, education and public administration systems following a three-year partnership between the...