TUNIS, Tunisia, June 26, 2024/ — The African Development Bank’s (www.AfDB.org) Urban and Municipal Development Fund (UMDF) () has expanded its African Cities Program to cover six new cities across the continent. The expansion, approved by the Fund’s 13th Oversight Committee, will…
By.Mohammed A.Abu The decades long delay in fulfilment of pledges made by the Global South towards climate change impact funding in the Global North hasn’t helped the course of the global transition from fossil fuels derived energy to renewable energy…
LAGOS, Nigeria, April 8, 2024/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa’s leading infrastructure solutions provider, has announced its most impactful year to date, with unprecedented expansion of projects and investments spanning energy, transportation, mining, food, textiles and climate resilience.…
First Published, Mar 29, 2024 by nathan Construction has begun on the world’s largest solar tower, a 200 MW project in western Haixi, China. Undertaken by Power China Northwest, the Delingha solar hybrid tower was invested by CGN New Energy and will be constructed…
…….As They Meet NCA in Accra for Further Updates Story: Mohammed Abu The subsea cable landing service providers have remotely identified the approximate locations of the damage and have made preparations to dispatch repair vessels to the location for physical…
CAPE TOWN, South Africa, March 19, 2024/ — Twelve major infrastructure projects have been launched with the aim of driving public and private sector-led development in South Africa. The projects span transport, storage and communication; electricity, gas and water; community, social…
Author: Stephanie PhD Candidate, University di Bologna First Published: February 27, 2024 4.08pm SAST Digital technologies have many potential benefits for people in African countries. They can support the delivery of healthcare services, promote access to education and lifelong learning,…
PARIS, France, January 24, 2024/ — Africa’s abundant natural gas reserves represent an attractive opportunity for monetization and export, aligning with Europe’s growing demand for cleaner and more energy. This synergy has set the stage for heightened Africa-Europe trade and partnership,…
ABIDJAN, Ivory Coast, December 13, 2023/ — The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved various financing structures valued at $696.41 million for Burundi and Tanzania to start Phase II of the Joint Tanzania-Burundi-DR Congo…
LAGOS, Nigeria, November 2, 2023/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has exited its 35% equity investment in Atlantic Terminal Services Limited (ATSL), the concessionaire for the expansion of Ghana’s Takoradi Port, to the…
