The African Development Bank (AfDB.org) held its second virtual business opportunities  (BOS) for 2021  from 12-14 October, to provide an overview of its policies, operations, procurement rules and country activities. The event took place over three days to accommodate participants in different time zones, and included a special session onRead More →

Today, Orange (www.Orange.com) and the German Development Cooperation are inaugurating, an “Orange Digital Center” in Douala, an ecosystem entirely dedicated to the development of digital skills and innovation, attended by the highest political and administrative authorities from Cameroon, Representatives of Germany and France in Cameroon, GIZ and members of theRead More →

New research highlights a chronic lack of finance that will leave billions of people in Sub-Saharan Africa and Asia without electricity or clean cooking by 2030; Urgent action to accelerate investment in clean energy for developing countries is needed from global leaders assembling at COP26 to ensure a just energyRead More →

Today, General Electric (GE) (www.GE.com) announced a five-year, $2.5 million USD investment in Johannesburg to launch Next Engineers, a global initiative focused on increasing the diversity of young people in engineering. GE has selected Johannesburg as one of four inaugural locations, aiming to inspire more than 3,500 local students aged 13 toRead More →

Pan-African fintech startup and digital bank Carbon Bank (https://ng.getCarbon.co/) has partnered with Network International (https://bit.ly/3oT6tzT), the leading enabler of digital commerce across Africa and the Middle East, as part of its plan to boost its digital payment offering. Under the agreement, Network International will issue and process physical Visa debitRead More →

First targeted European Investment Bank (www.EIB.org) support for sustainable agriculture investment in Zambia; Initiative to increase access to finance, support job creation and enhance agricultural productivity; Impact strengthened by agriculture and financial best-practice technical assistance; Dedicated focus to increase access to finance by female smallholders. Smallholder farmers and rural cooperativesRead More →

Development Partners International (DPI) (www.DPI-llp.com), a premier investment firm focused on Africa, today announced that African Development Partners III Fund (ADP III), has exceeded its US$800 million target, and is set to hold a final close at US$900 million, with an additional US$250m of dedicated co-investment capital. This brings aRead More →

With over 36 billion barrels of oil and 200 trillion cubic feet of natural gas, as well as the active participation of global oil majors including TotalEnergies, Shell, Chevron, and ExxonMobil, Nigeria is intensifying efforts to exploit its significant resources and establish itself as a globally competitive oil and gasRead More →

Despite being one of the smallest countries in Central Africa, Equatorial Guinea holds some of the continent’s most significant hydrocarbon resources and has managed to establish itself as the third-largest oil producer in sub-Saharan Africa. As the country pursues accelerated development of its 1.5 trillion cubic feet (tcf) of naturalRead More →

The technology group Wärtsilä and Gabon Power Company (GPC), the subsidiary of the Sovereign Fund of the Gabonese Republic (FGIS) dedicated to energy and water, have on 22 September 2021 signed a Concession Agreement with the Government of Gabon for the development, supply, construction, operation and maintenance of a 120Read More →