African Development Bank Group (AfDB)
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    • The African Development Bank will contribute through the implementation of this project to improve access to electricity for people in Central and Northern Mozambique
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Source: African Development Bank Group (AfDB) |

Mozambique: African Development Bank grants $33 million to improve the electrical grid near borders with Malawi, Zambia and Zimbabwe

The grant is from the Transition Support Facility, a financial instrument of the Bank specifically for states undergoing transition

Meeting in Abidjan on 5 December 2023, the Board of Directors of the African Development Bank Group (www.AfDB.org/en) approved a grant of $33.25 million to Mozambique to implement the Songo-Matambo electricity transport line project. The grant is from the Transition Support Facility, a financial instrument of the Bank specifically for…

Marriott International, Inc.
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    • His Excellency Prime Minister Dr. Mostafa Matbouly and His Excellency the Minister of Tourism, Mr. Ahmed Issa with leadership from Palm Hills Developments and Marriott International during the signing ceremony
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Source: Marriott International, Inc. |

Marriott International and Palm Hills Developments Sign Agreement to Open the Ritz-Carlton Cairo, Palm Hills in Egypt

Slated to open in 2027, the hotel will be located in Palm Hills West Cairo, in close proximity to the Great Pyramids of Giza

Marriott International, Inc. (www.Marriott.com) today announced it has signed an agreement with Palm Hills Developments to open The Ritz-Carlton Cairo, Palm Hills, signaling a commitment to strengthening its portfolio of properties across the company’s luxury brands in Egypt. “We are thrilled to work with Palm Hills Developments to bring a…

Africa Finance Corporation (AFC)
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    • AFC signs a US$350 million long-term line of credit with the AfDB to support infrastructure projects (1)
    • AFC signs a US$350 million long-term line of credit with the AfDB to support infrastructure projects (2)
    • AFC signs a US$350 million long-term line of credit with the AfDB to support infrastructure projects (3)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Signs US$350 Million Long-term Line of Credit with African Development Bank for Infrastructure

The financing agreement with AfDB will enable AFC to mobilise additional resources towards continued development of infrastructure projects in its focus sectors

Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, announced that it has signed a US$350 million long-term line of credit with the African Development Bank (AfDB). The agreement, which was signed during the ongoing 28th Conference of the Parties (COP 28), supports urgently needed financing…

Canon Central and North Africa (CCNA)
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    • Quentyn Taylor, Director of Information Security, Canon Europe
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Source: Canon Central and North Africa (CCNA) |

Modernizing Security in Africa's Rising Print Landscape (By Quentyn Taylor)

In the modern print landscape, businesses in Africa need to think about creative solutions to meet customers’ needs, while maintaining cyber hygiene with a 360 -degree approach

By Quentyn Taylor, Director of Information Security, Canon Europe (www.Canon-CNA.com) It’s no longer enough to just print and sell a product. In the modern print landscape, businesses in Africa need to think about creative solutions to meet customers’ needs, while maintaining cyber hygiene with a 360 -degree approach. With Africa’s…

Africa Finance Corporation (AFC)
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    • AFC President & CEO, Samaila Zubairu, and BOAD President and Chairman, Serge Ekue, have signed a strategic Memorandum of Understanding (MoU) to jointly promote infrastructure and economic progress across Western African states (1)
    • AFC President & CEO, Samaila Zubairu, and BOAD President and Chairman, Serge Ekue, have signed a strategic Memorandum of Understanding (MoU) to jointly promote infrastructure and economic progress across Western African states (2)
    • AFC President & CEO, Samaila Zubairu, and BOAD President and Chairman, Serge Ekue, have signed a strategic Memorandum of Understanding (MoU) to jointly promote infrastructure and economic progress across Western African states (3)
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Source: Africa Finance Corporation (AFC) |

West African Development Bank and Africa Finance Corporation form strategic partnership to drive economic development

The MoU marks a pivotal alliance between two leading multilateral development finance institutions on the continent, signalling the intent of AFC and BOAD to foster economic alignment and equitable growth in West Africa

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, and the West African Development Bank (BOAD), a regional financial institution mandated to drive economic unity and advancement in West Africa, yesterday announced a strategic Memorandum of Understanding (MoU), solidifying their joint commitment to promote infrastructure and economic progress…

Source: The Presidency, Republic of Ghana |

Ghana: Six New Sports Stadia Ready for Commissioning - Vice President Bawumia Reveals

The government is also developing sports infrastructure at the community level

Vice President Dr. Mahamudu Bawumia, has revealed that six of the ten sports stadia being built by the government in the ten old regions are ready for commissioning. Speaking at the launch of the 100-day countdown to the African Games Accra 2023 in Accra on Wednesday, November 29, 2023, Dr.…

Verdant Capital
Source: Verdant Capital |

Verdant Capital funds Enable Capital

The funding was provided through Verdant Capital’s investment partnerships strategy supporting high-impact businesses and financial institutions operating in the African continent

Verdant Capital (www.Verdant-Cap.com) is pleased to announce a USD 2.5 million revolving credit facility for Enable Capital of South Africa.  Enable Capital specialises in providing short-term funding solutions to SME subcontractors involved in the physical construction and deployment of local, regional, and national fibre network infrastructure across South Africa. Enable…

Rural Electrification Agency
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    • Energy Access in Dakiti
    • STEM interns at ATBU
    • Renewable energy solutions in Nigeria (1)
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Source: Rural Electrification Agency |

Rural Electrification Agency (REA) deploys over 100 mini-grids for inclusive development in Nigeria in 3 years

Set to take the stage at COP28 in Dubai to share lessons, unlock additional impact finance

Under the leadership of the Federal Ministry of Power, Nigeria, the Rural Electrification Agency (REA) (https://REA.gov.ng/) of Nigeria is set to play a key role at the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) in Dubai, United Arab Emirates (UAE) on…

Source: Informa Markets: Energy |

Africa Energy Expo Gears Up for Inaugural Edition with Unveiling of Key Speakers and Session Topics

Delegates will enjoy three days of curated discussions and presentations, as well as interactive knowledge-sharing experiences

Following the announcement of the launch of the first-ever Africa Energy Expo, set to take place in Kigali, Rwanda, from 20 to 22 February 2024, Informa Markets (www.InformaMarkets.com), a leading global exhibition and conference organiser, has unveiled a stellar line-up of speakers and exhibitors who will be participating in the…

Start North
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    • Africa’s Top-brass Universities Empowered by 5G Tech Spaces at Conference of the Parties (COP28) United Arab Emirates (UAE) - Revving up Tech-Savvy Climate Action Innovation Across Multi-Sectoral Value Chains (1)
    • Africa’s Top-brass Universities Empowered by 5G Tech Spaces at Conference of the Parties (COP28) United Arab Emirates (UAE) - Revving up Tech-Savvy Climate Action Innovation Across Multi-Sectoral Value Chains (2)
    • Africa’s Top-brass Universities Empowered by 5G Tech Spaces at Conference of the Parties (COP28) United Arab Emirates (UAE) - Revving up Tech-Savvy Climate Action Innovation Across Multi-Sectoral Value Chains (3)
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Source: Start North |

Africa’s Top-brass Universities Empowered by 5G Tech Spaces at Conference of the Parties (COP28) United Arab Emirates (UAE) - Revving up Tech-Savvy Climate Action Innovation Across Multi-Sectoral Value Chains

African universities are supporting a UN initiative to adopt 5G Tech Spaces as Digital Climate Action efforts to cap warming at 1.5 °C, expedite the Green Network and mobilise finance at scale

Africa’s most renowned universities are keen to be at the forefront of Research, Innovation and Outreach (RIO) of technologies, products, services and operating models that reduce CO2 emissions and help attain Net Zero Emissions (NZE). To achieve this, the gap between rhetoric and action needs to be reduced, if we…