Nigeria Debt Costs Pressure Social Spending in 2024 Budget
Nigeria will spend at least six times more on servicing its debt next year than on building new
2023-11-30 02:45
Tired of Waiting for Climate Finance, Africa Sets Up Green Banks
With promises of climate finance from the developed world having largely remained unfulfilled, African nations are now looking
2023-11-20 16:17
BII, ILX to Co-Fund $500 Million of Sustainable Development
British International Investment Plc and the Netherlands-based ILX Management plan to co-fund as much as $500 million in
2023-10-16 16:53
Kenya’s Ruto, AfDB’s Adesina Say Tackling Climate Depends on Africa Debt Fix
Kenyan President William Ruto and the heads of two major finance and climate institutions said without a 10
2023-10-08 19:30
AfDB Maps Steps African Nations Need to Mobilize Climate Finance
The African Development Bank began publishing detailed country reports to help the continent’s nations transition their economies away
2023-09-29 00:25
Germany’s KFW Offers €200 Million Loan for Eskom’s Transmission Grid
KFW, the German development bank, has offered a €200 million ($214 million) loan to South African power utility
2023-09-08 16:48
UAE Pledges $4.5 Billion to Help Finance Africa Climate Projects
The United Arab Emirates, the host of this year’s United Nations climate summit, pledged $4.5 billion to help
2023-09-05 15:45
Germany Backs Kenya Hydrogen in Raft of African Climate Pledges
Germany will announce €450 million ($486 million) of climate finance pledges at the inaugural Africa climate summit including
2023-09-05 09:25
Zimbabwe Leader Wins New Term, Monitors Says Vote was Flawed
Zimbabwean President Emmerson Mnangagwa was declared the winner of an election that observers said was deeply flawed, extending
2023-08-27 06:59
African Infrastructure Fund Targets $500 Million in First Close
Africa50, a Morocco-based investment platform, seeks to raise $500 million in the first close of its Infrastructure Acceleration
2023-07-04 03:24
Tunisia Central Bank May Be Target of President’s Power Grab
Tunisia plans to curb the independence of its central bank under reforms proposed by the government of President
2023-05-24 13:53