Business

Shelter Afrique Development Bank Partners with African Union to Tackle Africa’s Housing Crisis

Shelter Afrique Development Bank Partners with African Union to Tackle Africa’s Housing Crisis

Shelter Afrique Development Bank (ShafDB) and the African Union (AU) have signed a Memorandum of Understanding (MOU) to address Africa’s…
Kenya Invites Tenders for Leasing Electric Vehicles

Kenya Invites Tenders for Leasing Electric Vehicles

Kenya’s National Treasury and Economic Planning has issued an open national tender inviting local and international firms to participate in…
Bitcoin Hits Record $106,000 Amidst Optimism Over Trump’s Cryptocurrency Stance

Bitcoin Hits Record $106,000 Amidst Optimism Over Trump’s Cryptocurrency Stance

Bitcoin has soared to an all-time high, continuing a remarkable rally that has pushed the cryptocurrency’s value up by more…
Saudi Group Offers $1.3 Billion to Acquire South Africa’s Barloworld

Saudi Group Offers $1.3 Billion to Acquire South Africa’s Barloworld

Saudi Arabia’s Zahid Group and its partners, Gulf Falcon Holding and Entsha, have proposed a $1.3 billion buyout of South…
AFD Approves $18.3 Mn for Revenue Mobilization in Liberia

AFD Approves $18.3 Mn for Revenue Mobilization in Liberia

The Board of Directors of the African Development Fund (ADF), the concessional lending arm of the African Development Bank Group,…
AfDB Disburses $1 Billion Loan to Revitalize South Africa’s Transnet

AfDB Disburses $1 Billion Loan to Revitalize South Africa’s Transnet

The African Development Bank (AfDB) has released the first installment of its $1 billion loan to Transnet, South Africa’s state-owned…
AfDB to Lead Financing of $340 Million Moyi Power Project in DRC

AfDB to Lead Financing of $340 Million Moyi Power Project in DRC

The African Development Bank has been named mandated lead arranger for the Moyi Power Metro-Grids project, a $340 million private…
Kenya, Nigeria Dominate African Start-Up Funding with 76% Share in November

Kenya, Nigeria Dominate African Start-Up Funding with 76% Share in November

Kenya and Nigeria emerged as leaders in African start-up funding last month, securing 76 percent of the total $180 million…
Global Trade to Hit Record $33 Trillion in 2024: UNCTAD Report

Global Trade to Hit Record $33 Trillion in 2024: UNCTAD Report

Global trade will hit a record $33 trillion in 2024, a 3.3% growth from the previous year, according to a…
UAE Port Operator DP World Plans India Expansion to Ease Delays

UAE Port Operator DP World Plans India Expansion to Ease Delays

DP World Ltd., a United Arab Emirates-based port operator, plans to expand in India to alleviate trade bottlenecks, according to…
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