Browsing: Infrastructure Development

President William Ruto of Kenya urges for reforms to the global financial system to provide Africa with access to long-term…

The African Development Bank has donated $20 million to Senegal to enhance food security and support small producers post-COVID through…

AFC and CPF Financial Services will collaborate in identifying, developing, and co-financing infrastructure projects aligned with Kenya’s growth plan.  Globally,…

President Yoweri Museveni is optimistic that Uganda’s oil revenue will finance mega roads, railways and other infrastructure projects. Uganda expects…

Angola has become Africa Trade Insurance Agency’s (ATI) 21st member state by paying $25 million in capital subscription fees.  ATI’s…

Therefore, investing in pro-poor development projects is one of the best ways to address poverty and the cost of living in Kenya. Economic empowerment of the various groups can improve families’ lives and address the country’s ever-rising poverty levels. Kenya desperately needs a solution to poverty and the cost of living. Therefore, actualizing socio-economic development could prove a viable approach.

South Africa is set to host Africa’s Green Economy Summit starting February 22, 2023, in Cape Town.   The summit is…

Infrastructure development continues to be a vital driver of foreign direct investment (FDI) since logistics are so necessary for global business development, mainly e-commerce, which is now a significant generator of income and jobs at home and abroad.

When talking about bilateral ties, the most common complaints are inadequate support systems – both from the state and financial institutions. Russian NGOs are also pushing for a diverse set of initiatives aimed at enhancing ties.
The Coordination Committee for Economic Cooperation with African countries, a business and policy NGO, established as far back as 2009, proposes that funds be availed to support Russian business and investment in Africa.
Senator Igor Morozov, Member of the Committee for Economy Policy of the Federation Council (Senate) and Chairman of the Coordination Committee on Economic Cooperation with Africa observes that conditions that are opening up for Russian business today are not the same as those for businessmen from France, the European Union, India or China.

African countries cannot leapfrog their way into industrialization. Yes, there was a telecommunications jump largely bypassing landlines to mobile phones…