The African Development Bank through its Trade Finance operations has signed a US$20 million facility to finance Meridian’s operations in Malawi, Mozambique and Zimbabwe.
The African Development Bank Group, has approved a $15 million grant from the African Development Fund (ADF) for a water supply and sanitation project in Malawi, expected to provide jobs and boost the livelihoods of nearly 300,000 people.
The Republic of Mauritius became the 30th shareholder of Africa50, the pan-African investment platform.
Ethiopian Airlines Group, which owns shares in in four African countries’ airlines, has announced its fifth joint venture with the Chad government buying 49%.
By Devika Jyothi – Supporting Indian Trade and Investment for Africa (SITA) took part in the 10th All African Leather Fair (AALF) held in Addis Ababa, Ethiopia. Through its participation, SITA enabled beneficiary East African tanneries to access new markets and strengthen their intra-African trade linkages.
The Executive Secretary of the UN Economic Commission for Africa, Ms. Vera Songwe calls on Africa leaders for the protection of Africa’s intellectual property rights.
Fifteen teams of a total of 32 emerging African social entrepreneurs have been selected as winners of the 2018 Resolution Social Venture Challenge. The 2018 cohort of Social Venture Challenge winners include projects based in Kenya, Gambia, Uganda, Somaliland, Ghana, Sudan, Zimbabwe, Cameroon, Malawi, Tanzania, and Lebanon.
Electricity Regulatory Index for Africa (ERI), new report by the African Development Bank measures the level of development of regulatory frameworks in 15 African countries. The report identifies areas in which improvement is most needed in Cameroon, Cote d’Ivoire, Gambia, Ghana, Kenya, Lesotho, Malawi, Namibia, Nigeria, Senegal, South Africa, Tanzania, Togo, Uganda, and Zimbabwe.
The Government of Malawi and the International Fund for Agricultural Development (IFAD) launch a new project that aims to help more than 437,000 rural households improve their access to financial services nationwide.