Ethiopia Secures $600 Million Investment for Dairy, Commercial Farming
ADDIS ABABA, Ethiopia (BG) — Ethiopia has signed a $600 million agreement to develop an Integrated Dairy and Commercial Farming...
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Somaliland Attracts Global Investors, Seeks Trump’s Recognition
DUBAI, United Arab Emirates (BG) — Somaliland is positioning itself as a strategic economic gateway in the Horn of Africa,...
West African Bank Raises $500 Million to Boost Regional Development
LOME, Togo (BG) — The West African Development Bank (BOAD) has raised $500 million through a sustainable hybrid bond, a...
Nigeria Finance Minister Backs Private Sector Growth with IFC Support
ABUJA, Nigeria (BG) – Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed the country’s...
Nigerian Finance Minister Endorses Central Bank Reforms
ABUJA, Nigeria (BG) — Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has endorsed the Central...
New Funding Initiative to Boost Stability in the Lake Chad Basin
UNDP Africa unveils two funding mechanisms to support recovery from conflict and displacement MAIDUGURI, Nigeria (BG) – New initiatives have...
Furaha Secures $10M to Expand Loan Program for Africa’s Underprivileged
DAVOS, Switzerland (BG) – SC Ventures, the innovation arm of Standard Chartered, and Yabx Technologies, part of Tech Mahindra, have...
Reforms, Fiscal Discipline Signal Nigeria’s Economic Recovery
ABUJA, Nigeria (BG) -Nigeria's Federal Minister of Finance and Coordinating Minister for the Economy, Wale Edun, presented an outline of...
Ethiopia Debuts Stock Exchange Amid Economic Reforms
ADDIS ABABA, Ethiopia (BG) — Prime Minister Abiy Ahmed launched the Ethiopian Securities Exchange (ESX) on Friday, marking a significant...
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...
Namibia Targets 24,000 Jobs From $3.8 Billion Investment Pipeline
Namibia has 15 investment projects worth N$63.5 billion ($3.8 billion) currently underway, with more than 24,000 jobs projected at full...
‘Two Days Without a Penny’: Ethiopia’s Fuel Crisis Through the Eyes of Drivers
Ethiopia faces a sharp fuel shortage, and transport workers across the capital report losing days of income in long queues....
South Africa’s Kusile Power Station Reaches Full Capacity, Ending Years of Setbacks
South Africa’s Eskom Kusile Power Station is now operating at full commercial capacity, marking a generational shift in the country’s...
Young Ethiopian Founders Turn Ideas Into Real Solutions
At the beginning, all they had was an idea and the uneasy sense that they did not yet know what...