Uganda’s state-owned National Oil Company (UNOC) is set to acquire a $2 billion loan from Vitol Bahrain EC (VBA) to fund oil-linked infrastructure, including a domestic refinery, pipelines, storage terminals,.
The African Development Bank (AfDB) has secured $11 billion for the African Development Fund (ADF), its concessional financing window for low-income African countries, marking a record replenishment amid tightening global.
Kenya has entered a $311 million agreement with Pan-African infrastructure fund Africa50 and India’s PowerGrid Corporation to construct two high-voltage electricity transmission lines and substations. This project represents a significant.
Kenya’s Cabinet has approved the establishment of two landmark financial vehicles, the National Infrastructure Fund (NIF) and the Sovereign Wealth Fund (SWF) aimed at underpinning long-term national development without deepening.
The launch of the Nigeria–Central Europe Chamber of Commerce (NCECC) in Abuja, at first glance, may appear to be another diplomatic event. In reality, it signals something more consequential: Nigeria.
South Africa is set to launch the most transformative change to its cash system in decades. While digital payments have grown, physical cash still dominates about two-thirds of transaction volumes,.
For decades, natural gas flaring has been a persistent challenge for oil-producing nations, representing both an environmental hazard and a missed economic opportunity. Globally, the World Bank estimates that over.
South Africa’s currency recently gained ground in early trade, supported by higher gold prices, as local investors look to the year’s last bit of economic data for clues on the.
Across the world, access to reliable, affordable electricity is widely regarded as a cornerstone of modern life and economic development. From powering hospitals and schools to enabling digital economies and.
South Africa’s rand (ZAR) in mid-December 2025 traded around 16.85 to 17.10 per US dollar, reflecting a 5.66% appreciation over the past year. This resurgence is tied to a combination.
