Browsing: infrastructure

In its technical document at COP30, Africa raises the issue of forest management which have multi-functions and provide key solutions…

Afreximbank has signed a $1.35 billion loan financing for Dangote Industries Limited (DIL) as part of a larger $4 billion…

“It is time to replace the logic of aid with the logic of investment and trade,” says Angolan President João…

Beyond physical infrastructure, Africa’s integration requires modern software upgrades: the systems, policies, and institutional frameworks that power trade across borders.…

Through various AfDB financing programmes across Africa, a total of 61M people have gained access to clean water since 2015.…

There is a debt crisis in Africa as countries struggle to repay international loans.  According to the World Bank, nine…

Kenya will host the second Canada-Africa Business Conference early next year, bringing together investors from the two regions to explore key investment opportunities. Some of the target industries that the 19-20 February 2024 conference will focus on are medical care, infrastructure, energy, financing for Canada-Africa projects, and FinTech.
The two-day meeting in Nairobi’s Muthaiga Country Club follows the two regions’ first-ever program at Botswana’s Gaborone International Convention Centre in 2019.
In partnership with the Kenya Private Sector Alliance (KEPSA), the Canada-Africa Business Conference will bring together key players who will also visit select locations.

East Africa has been at a crossroads in its quest to industrialize, grasping at diverse straws of foreign aid inflows…

His fortune is estimated to be worth a staggering US$148 billion. He is second only to Tesla founder and eccentric billionaire Elon Musk. Very interesting to note is the fact that the rise of Adani into the high stakes of global wealth is also the first time that two of the wealthiest individuals in the world are from countries that comprise the BRICS nations.

Though now a US citizen, Elon Musk has South African heritage, and Adani is an Indian national.

That two of the richest men in the world are from BRICS countries is indicative of the emergence of the bloc. Adani is the first person of Indian descent to occupy the position. Adani is the chairman of the Adani Group, which operates a litany of businesses in coal mining, infrastructure, and thermal power generation. His companies also operate private airports and firms. According to media reports, Adani’s wealth began to surge at the beginning of this year when he was ranked 14th on the Bloomberg Billionaires Index.

A lot has been written about the case for investing in Africa.  Many journalists and economists have eulogized about the…