The selected statements cover two ways of mobilising capital for African energy infrastructure: early stage project financing and green bonds. SIFEM announces a new commitment to an energy transition fund. Africa Finance Corporation reviews the financing structure of Poro Power following international awards recognising the project and the institution.
The selected reports cover energy distribution infrastructure, electricity supply for industrial and agricultural activity, and cooperation in water management. They also present an initiative to strengthen Uganda’s financial sector in support of climate investment. Investment announcements feature alongside planned new capacity and experience from existing infrastructure.
Today's selected developments highlight the role of development finance institutions, export credit agencies and public-private partnerships in supporting infrastructure investment across Africa. Major announcements concern renewable energy projects in Egypt and Côte d'Ivoire, export-backed infrastructure financing in Guinea and Benin, and cooperation to mobilise private capital for green investment. A proposed pan-African private equity investment also points to financing opportunities across a broader range of sectors, including digital infrastructure.
Kenya has made significant progress in the development of the national nuclear infrastructure for its new research reactor programme, according to an International Atomic Energy Agency (IAEA) Integrated Nuclear Infrastructure...
Precious Ugwuzor writes that for the Transmission Company of Nigeria, TCN, its responsibility of mainstreaming power infrastructure development is sacrosanct as the goal is to ensure that all Nigerians experience better and...
15 December 2023 – The African Union Commission (AUC) organised a side event titled ‘Mitigation and Response to Global Climate Change: Urban and Railways Transportation in Africa’. Moderated by the International Union of Railways...
Uganda’s planned overhaul of the metre gauge railway to cut transport costs on the Northern Corridor and improve trade competitiveness has entered its final stages, even as the country faces a shortage of equipment, wagons, and...
On Wednesday 10 January, just days before the 2023 Africa Cup of Nations football tournament opens, (2023 AFCON), the Ivorian Prime Minister, Robert Beugré Mambé, opened Abidjan’s fourth bridge, the “Y4”...
ROME: Supporting African development and tackling the dangers posed by artificial intelligence (AI) will be two key themes for Italy during its one-year presidency of the Group of Seven, Italian Prime Minister...
HE ISLAMIC REPUBLIC OF MAURITANIA IS POISED TO BECOME ONE OF THE MOST IMPORTANT GAS HUBS ON THE AFRICAN CONTINENT, AS THE COUNTRY PREPARES TO SELL ITS FIRST GAS CARGO IN EARLY 2024
15 December 2023 – The African Union Commission (AUC) organised a side event titled ‘Mitigation and Response to Global Climate Change: Urban and Railways Transportation in Africa’. Moderated by the International Union of Railways...
The African Development Bank Group's Board of Directors has granted approval for a $300m loan to South Africa for the execution of its Energy Governance and Climate Resilience Programme.
The consortium of EDF (40%), TotalEnergies (30%) and Sumitomo Corporation (30%) has been selected as strategic partner by the Government of Mozambique and entered into a joint...
Au cœur des montagnes majestueuses de Tizi-Ouzou, en Algérie, une annonce révolutionnaire dans le domaine de l’éducation et de la technologie émerge. L’Université Mouloud Mammeri de Tizi-Ouzou, réputée pour son engagement envers...
Si le niveau d’électrification du Sénégal est l’un des plus élevés d’Afrique de l’Ouest avec un taux d’accès de 80%, de nombreux pays du continent font face à une véritable crise énergétique.
Aujourd’hui à la COP28, aux Émirats arabes unis, la régie en charge de l’approvisionnement et de l’assainissement de l’eau de la ville éthiopienne de Dire Dawa (DDWSSA) et Nedamco Africa, de concert avec ses partenaires...
The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) signed an agreement with international bank Standard Chartered in Dubai last week, mobilizing funding for the development of a $111-million,...
