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.
Egypt has implemented a tender that enables the management, operation, and development of Hurghada International Airport to private companies. The government is not simply outsourcing an airport; it is signalling.
The U.S. House of Representatives’ committee on trade signalled that it will take up a proposed three-year extension of AGOA, the landmark trade initiative that for over two decades provided.
As 2025 draws to a close, Africa’s development story is increasingly defined not by the size of its GDP alone, but by the lived experiences of its people. Education quality,.
PRESS RELEASE Cape Town, South Africa: 8 December 2025 – Africa stands at a defining moment in its energy transition. With some of the world’s richest solar, wind and.
Kenya has reached an agreement to sell a 15% stake in Safaricom to Vodacom for about $1.6 billion. Once finalised, Vodacom’s ownership will rise to 55%, giving it majority control.
Kenya ended November with well-deserved strides that many businesses say they haven’t felt in years. Shops were buzzing, manufacturers reported fuller order books, and service providers noticed customers returning with.
Africa is owning its choices to the capital it has managed to build over time. For the first time, state-owned institutions across the continent are managing assets approaching $1 trillion,.
