Source: European Investment Bank (EIB) |

East African and international political leaders and financial experts highlight green investment best practice

Dialogue between European Investment Bank, Portuguese Embassy in Kenya, financial community and development stakeholders confirms importance of green investment

Nairobi hosts EU-Africa Green Talk dialogue on sustainable development impact of local projects; Dialogue between European Investment Bank, Portuguese Embassy in Kenya, financial community and development stakeholders confirms importance of green investment. The Secretary General of East African Community today joined more than 150 African business leaders, financial experts and…

African Energy Chamber
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    • New leadership and energy sector restructuring is expected to boost energy investments into Niger (By Verner Ayukegba)
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Source: African Energy Chamber |

New leadership and energy sector restructuring is expected to boost energy investments into Niger (By Verner Ayukegba)

Newly elected President, H. E Mohamed Bazoum who took office on 02 April, has wasted no time in naming a new cabinet which is already at work

By Verner Ayukegba, Senior Vice President of the African Energy Chamber (www.EnergyChamber.org) Niger has once again demarcated itself in the region by overseeing yet another peaceful and democratic transition of power. This transition, which was unanimously acclaimed globally and largely accepted by all political forces in the country, sets a…

The Canada-Africa Chamber of Business
Source: The Canada-Africa Chamber of Business |

The Kenya Private Sector Alliance (KEPSA) and The Canada-Africa Chamber of Business announce major Memorandum of Understanding (MoU)

The MoU will seek to accelerate Canada-Kenya trade and investment, following initial discussion last year in Nairobi

The Kenya Private Sector Alliance and The Canada-Africa Chamber of Business (www.CanadaAfrica.ca) are proud to announce collaboration to promote, support and facilitate bilateral trade and investment opportunities from Canada into Kenya. The first engagement will be a virtual trade mission to Kenya from Canada in May. The 3-year agreement MoU…

Centurion Law Group
Source: Centurion Law Group |

The Securities and Exchange Commission's (SEC) circular on the trading of foreign securities by investment platforms in Nigeria (By Ibrahim Moshood)

The circular dated 8 April 2021, issues a strong warning to these investment platforms and Capital Market Operators (“CMOs”) in partnership with them to provide brokerage services

By Ibrahim Moshood, Associate, Centurion Law Group (https://CenturionLG.com) The apex regulator of securities in Nigeria, the Securities and Exchange Commission (“SEC”) has issued a circular, with respect to technology investment platforms providing the Nigerian public with access to foreign securities. The circular dated 8 April 2021, issues a strong warning to these…

African Energy Chamber
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    • African Energy Developments Demand Sustained Investment with new projects in Mozambique, Tanzania, Uganda, and Senegal (1)
    • African Energy Developments Demand Sustained Investment with new projects in Mozambique, Tanzania, Uganda, and Senegal (2)
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Source: African Energy Chamber |

African Energy Developments Demand Sustained Investment with new projects in Mozambique, Tanzania, Uganda, and Senegal

A recent uptick in direct investment activities in Africa’s energy sector sheds light on the role of sustained investor interest in catalyzing socio-economic growth

In the past twelve months, the African energy sector has seen several encouraging developments – in the form of both Foreign Direct Investment (FDI) and strategic partnerships – that have advanced the sustainable development of its natural resources. In fact, despite a global downturn in investment in 2020, FDI flows…

International Islamic Trade Finance Corporation (ITFC)
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    • Eng. Hani Salem Sonbol, CEO of ITFC and H.E. Alamine Ousmane Mey, Minister of Economy, Planning and Regional Development (IsDB Governor)
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Source: International Islamic Trade Finance Corporation (ITFC) |

ITFC and the Republic of Cameroon Sign a US$750 Million Three-year Framework Agreement to Support Cameroon’s Key Sectors through Integrated Trade Solutions

A EUR 98 Million Murabaha financing agreement with SODECOTON was also signed to facilitate the purchase of agricultural inputs and cotton seeds

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB) and the Republic of Cameroon have signed on April 12, 2021 two agreements in a virtual signing ceremony between H.E. Alamine Ousmane Mey, Minister of Economy, Planning and Regional Development (IsDB Governor) and…

African Development Bank Group (AfDB)
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    • CORRECTION: African presidents and global leaders support bold action on climate change adaptation for Africa
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Source: African Development Bank Group (AfDB) |

CORRECTION: African presidents and global leaders support bold action on climate change adaptation for Africa

Africa now faces the dual onslaught of climate change – currently estimated at between $7 billion and $15 billion each year – and Covid-19, which has claimed 114,000 lives

In a historic and united show of solidarity for a continent that contributes only 5% to global emissions, more than 30 heads of state and global leaders committed to prioritize actions that help African countries adapt to the impacts of climate change and “build forward better.” Africa now faces the…

Africa Oil & Power Conference
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    • Equatorial Guinea to Launch Vision on Post-COVID Energy Transition Plans with Report and Film
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Source: Africa Oil & Power Conference |

Equatorial Guinea to Launch Vision on Post-COVID Energy Transition Plans with Report and Film

The dual-language publication will target key developments driving a post-COVID-19 recovery in Equatorial Guinea

The Africa Energy Series (AES): Equatorial Guinea 2021 campaign – comprising a report and a documentary – will serve as a critical tool to navigate the energy investment landscape in one of Africa’s more mature petroleum producing markets; Equatorial Guinea has largely been able to sustain its pace of engagement…

Africa Oil & Power Conference
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    • U.S. Africa Energy Forum 2021 Launches: Promotes U.S. Role as Primary Investor in African Energy - Photo Credit: Bigstock
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Source: Africa Oil & Power Conference |

U.S. Africa Energy Forum 2021 Launches: Promotes U.S. Role as Primary Investor in African Energy

The multi-day forum unites U.S. and African policymakers, energy executives and industry leaders to create new linkages and foster discussions

The U.S. Africa Energy Forum 2021 – organized by Africa Oil & Power, in partnership with the African Energy Chamber’s U.S.-Africa Committee – will foster alignment between U.S. and African governments’ energy policies and highlight African oil, gas, power and renewable projects across the energy value chain for U.S. investors;…

Verdant Capital
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    • Verdant Capital raises USD 9.9 M Series A equity capital for Tugende, a leading technology enabled MSME lender in East Africa
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Source: Verdant Capital |

Verdant Capital raises USD 9.9 M Series A equity capital for Tugende, a leading technology enabled MSME lender in East Africa

Verdant Capital serves as Tugende’s financial advisor and arranger for its equity and debt capital raises

The transaction is the most recent for the award winning fintech and financial inclusion investment banking franchise of Verdant Capital (www.Verdant-Cap.com). Partech Africa, a member of the Partech Group, a leading global technology venture capital fund, and Enza Capital invested in the USD 3.6 million extension round - agreed and…