Poor infrastructure, a lack of skills and excessive reliance on commodities has resulted in lower growth. What is needed is diversification in areas such as agriculture, manufacturing, healthcare, education and banking, claimed the Economist.
The Africa-EU Renewable Energy Cooperation Programme (RECP), has launched its Finance Catalyst service, to support and assist renewable energy (RE) project developers in financial structuring and in attracting funding for their projects once they are in an advanced stage.
Move paves way for institutional investors to help fill infrastructure gaps in developing world: US$1 trillion a year in extra investment needed through 2020.
The stylishly dressed men and women window-shopping in the air-conditioned cool of the Lagos Palms shopping mall speak of a Nigerian economy and middle class on the rise.
The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, September 24, 2014 approved a US $29.49-million grant to help finance the first phase of the Nyakararo-Mwaro-Gitega (RN18) Road...
Africa could become a single air transport market that will remove the need for bilateral air services agreements by early 2016, the industry lobby said on Wednesday.
The historic one-day UN Climate Summit opened on September 23 in New York City with 125 heads of state in attendance. UN Secretary General Ban Ki-moon and US President Barack Obama urged all nations - developed and...
The regional water motivator in the Lower River Region (LRR), Kantong T. Marena, has disclosed that 98% of the population of the region has access to clean and potable water. He informed that only a few people,...
Le secteur des bâtiments en Afrique consomme 50% de la consommation totale en énergie électrique, a affirmé mardi à Dakar, Serigne Mansour Tall, point focal de l'ONUHABITAT au Sénégal.
African countries secured commitments from companies in the Persian Gulf totaling $19 billion to invest in roads, railways and airports at the first West Africa Investment Forum held in Dubai on...
It's always interesting to attend conferences in far away places because of the change in perspectives. At the World Energy Security Forum (whose organizers I advised) in Johannesburg, there was the usual discussion of...
Last month's announcement of a partnership between Africa richest man Aliko Dangote and private equity fund Blackstone Group to invest to the tune of $5 billion exclusively in energy infrastructure represented a...
Africa is one of the regions of the world with major unexplored energetic reserves, which expands its chances to become one of the main energy producers.
This was said Tuesday in Luanda by the CEO of the National...
The Board of Directors of the African Development Bank Group (AfDB) held its first regular meeting since the Bank returned to its statutory headquarters in Abidjan on Monday, September 8 and approved a combined US $256 million...
Kenya Power's subsidy programme is set for phase out in a Sh70.1 billion deal that the State has signed with African Development Bank (AfDB) to raise electricity connections to 70 per cent of the population in...
Le Monde.fr S'il reste inférieur à celui des Européens ou de certains Asiatiques (plus particulièrement Japon, Corée du Sud, Chine), l'usage du téléphone mobile en Afrique se développe.
Ask an Expert: the continent is tipped as the next region to boom but how can investors take advantage?There are several approaches. First, there are a handful of specialist funds. Alquity Africa,...
African Development Bank President Donald Kaberuka made a strong case for the importance of tackling private investment impediments in the African infrastructure agenda during the joint AfDB, Organisation for...
With the legal framework, tenders, impact studies and financing still to be finalised, construction of the dam is unlikely to start before the end of 2016.
