Kenya Secures IMF’s $1.5 Billion Loan.
The International Monetary Fund (IMF) has announced an agreement to provide Kenya, an East African nation grappling with economic challenges and liquidity issues, with a $938 million (€864 million) loan.…
The International Monetary Fund (IMF) has announced an agreement to provide Kenya, an East African nation grappling with economic challenges and liquidity issues, with a $938 million (€864 million) loan.…
Egypt’s Finance Minister, Mohamed Maait, and India’s Ambassador to Cairo, Ajit Gupte, discussed ways to bolster economic cooperation between the two nations, particularly in light of global economic challenges arising…
Vote counting commenced in Liberia on Wednesday following a presidential run-off between George Weah, the football icon seeking re-election, and former vice-president Joseph Boakai. In the initial round of voting…
The African Export-Import Bank (Afreximbank) has entered into a framework agreement for the Export Agriculture for Food Security (ExAFS) Initiative with ARISE Integrated Industrial Platforms (ARISE IIP) and the governments…
South Africa’s state-owned power utility Eskom has launched the Hex Battery Energy Storage System (BESS) project. The development represents the largest of its kind in Africa. Located in Worcester in…
Integrated energy solutions provider Oando PLC has signed an $800 million loan document with pan-African financial institution the African Export-Import Bank (Afreximbank) to facilitate the acquisition of 100% of the…
Senegal’s national electricity company Senelec has entered into a 20-year capacity change agreement with Infinity Power, a joint venture between Egypt’s Infinity and the UAE’s Masdar, to establish a battery…
In the race to net zero, companies across various industries that are making progress in emissions reductions could yield more than $100 million in annual financial benefits, according to a…
Rwanda expressed disagreement on Wednesday with the British Supreme Court’s decision to overturn London’s strategy to relocate migrants to the East African nation, citing concerns about the country’s safety as…
Polls opened in Madagascar on Thursday for the presidential election, marked by a boycott from most opposition candidates over concerns about the election’s integrity. Despite being the leading global producer…