The facility from CEXIM marks AFC’s inaugural financing facility from the People’s Republic of China (PRC)
BEIJING, China, October 10, 2018/ -- Africa Finance Corporation (“AFC” or “the Corporation”) (www.AfricAFC.org), the leading infrastructure development finance institution in Africa, announces its successful acquisition of a loan facility from the Export-Import Bank of China (“CEXIM”) of a US$200m 5-year loan and a...
New African Union-Food and Agriculture Organization of the United Nations (FAO) framework also aims to create new jobs while reducing reliance on manual labor
FAO and the African Union today launched a new framework document that aims to increase agricultural efficiency and reduce drudgery by helping countries in Africa to develop strategies for sustainable farm mechanization.
The Sustainable Agricultural Mechanization: A...
These companies represent a new class of investment opportunity coming up across the African continent
These companies represent a new class of investment opportunity coming up across the African continent. The selected ventures have strong revenues, are well positioned for regional and international expansion, and demonstrate important innovations that are disrupting industries like agriculture, healthcare, housing, transportation, and finance.
The entrepreneurs...
Participants called on the Economic Commission for Africa (ECA), the African Union Commission (AUC) and other pan-African institutions to work collaboratively in promoting and advocating the importance of geospatial information
The Regional Committee of the United Nations Global Geospatial Information Management in Africa (UN-GGIM: Africa) ended Thursday with experts urging African leaders to prioritize dialogues that need to take place...
The first announcement was for a US$1.5 Billion Framework Agreement between the Government of Burkina Faso and International Islamic Trade Finance Corporation (ITFC)
ITFC (www.ITFC-IDB.org) signs US$ 1.5 billion Framework Agreement with the Government of Burkina Faso; West Africa SMEs Program launched to aid financial access for SMEs.
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB)...
The International Centre of Insect Physiology and Ecology (icipe) has officially commissioned two solar photovoltaic (PV) power plants — at its Duduville Campus headquarters in Kasarani, Nairobi, and at the Thomas Odhiambo Campus on the shores of Lake Victoria. The USD2.5 million system is funded by the Swiss Agency for Development and Cooperation (SDC).
“This project is part...
The Government of Kenya won the bid based on the consistency and high-level leadership of H.E the Deputy President, Hon. William Ruto, on Open Government and data for development over the last three years
The 6th International Open Data Conference (IODC) will be held in Africa for the first time, in Nairobi, Kenya, in 2020. The Announcement was made at...
This announcement follows the recent launch of Hilton’s Travel with Purpose 2030 goals to double its investment in social impact and cut its environmental footprint in half across the globe
Hilton (NYSE:HLT) (newsroom.Hilton.com) today announced an initial investment of USD$1 million to drive sustainable travel and tourism in Africa. To do so, the company will focus on five key areas -...
The nation’s most extraordinary beer, Guinness, has today unveiled an exciting new partnership with legendary English Premier League football legend, Rio Ferdinand. Best known for his time playing for The Red Devils, Ferdinand will be working with Guinness over the next 12 months to find and celebrate Kenyan football fans Made of More.
As part of the activities, the former...
This year’s graduating students are about to constitute the next generation of engineers and policymakers committed to addressing the issues critical to Africa’s sustainable development
The Pan African University Institute for Water and Energy Sciences including Climate Change (PAUWES) (www.PAUWES.dz) celebrated the third graduating class of both the engineering and policy tracks of our Masters programmes in Water and Energy. The graduating...
