Roads in Kenge, Kikwit, Tshikapa, Kamuensha, and Mbuji-Mayi have been completely rehabilitated, new stretches of road built, and urban roads modernized. Numerous examples of socioeconomic ...

The Board of Directors of the African Development Bank has approved an investment of $100 million in the industrial platform developer and operator Arise Integrated Industrial Platforms Ltd (Arise IIP ...

Uganda to secure €500M from Afreximbank, Ecobank, and DBSA for infrastructure • Rising domestic costs and limited concessional funding drive borrowing shift • Public debt reached $29.1B by end-2024, ...

UBA Group expands asset management arm to Abidjan with UCAMWAL • Subsidiary to offer diversified investment solutions beyond Nigeria • Strategy aims to tap into growing West African demand for ...

CcHub and Mastercard Foundation launch third EdTech Fellowship cohort • 12 startups selected, including 6 led by women, receive up to $100,000 each • Focus on offline, AI-driven, and scalable tools ...

Climate-driven displacements in Africa rose 30% to 7.8 million in 2024 • East and Central Africa were the most affected sub-regions • Flooding caused over 70% of all climate-related displacements ...

Eastern authorities threaten force majeure over key oil terminals • NOC denies export disruption, but internal divisions raise concerns • Oil output reached 1.38M bpd in April, highest in over a ...

IFC to guarantee 50% of FirstRand’s $100M SME lending program • Focus on women-led and climate-related businesses under 60M rand turnover • Initiative aims to ease access to credit through simplified ...

Benin forms agency to develop maritime and lagoon infrastructure • New company to manage shipyard, dredging, and coastal protection • Initiative supports lake transport and aims to ease road ...

Mali secures majority ownership in refinery built with Russia’s Yadran • Facility to process up to 200 tons of gold per year • Project aims to boost local value creation in the mining sector The ...

Trigon signed a $24 million deal to sell its Kombat mine stake to Horizon • Horizon’s shareholder approval is expected on June 11 • Kombat operations remain suspended due to underground mine issues ...

Cape Town’s central rail line resumes service after $73 million in repairs • Line was shut since 2019 due to vandalism and infrastructure decay • Government targets broader rail recovery to ease urban ...