A new competition has been launched to help countries in Sub-Saharan Africa and South Asia access secure, low-cost and low-carbon…
United States To Invest $1 Billion In Africa through Connect Africa Initiative
Development finance institution of the United States government known as, Overseas Private Investment Corporation (OPIC), launched its ‘Connect Africa’ initiative…
Korea, World Bank Join Forces to Build World-Class Scientific Capacity in Sub-Saharan Africa
The World Bank and the Government of Korea have reinforced their ongoing partnership to support Sub-Saharan Africa’s universities and research…
UNCTAD and Alibaba Business School train African entrepreneurs
Alibaba Business School and the United Nations Conference on Trade and Development (UNCTAD) brought 29 young entrepreneurs from 11 countries…
China, African trade hits $170b yearly
China’s trade with Africa records growth China’s bilateral cooperation with Africa has grown phenomenally in the past 40 years with…
Intra-African trade gets $1 billion push
The African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa SOC Limited (ECIC), Johannesburg, unveiled a…
Development banks pump record $35 billion into climate finance
The world’s leading development banks are spending more than ever on climate mitigation and adaptation projects within emerging economies. The…
Countries pledge US$4.1 billion to the Global Environment Facility
Close to 30 countries have jointly pledged US$4.1 billion to the Global Environment Facility (GEF) to better protect the future…
African Development Bank and UNIDO join forces to accelerate Africa’s industrialization
The African Development Bank (AfDB) and the United Nations Industrial Development Organization (UNIDO) have signed a Memorandum of Understanding (MoU)…
US$1.5 billion fund launched to help build Africa’s smart city ecosystem
Multinational ICT firm Huawei has confirmed the introduction of a US$1.5 billion global financing program, with capital from IOT/ smart…
