COP-29 Falls Short on Financial Promises, Says Zambian Minister
The 29th Conference of the Parties (COP-29) has come under scrutiny for failing to meet its ambitious theme of “Finance
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Finance
AfDB Disburses $1 Billion to Support Transnet’s Recovery Plan
The African Development Bank (AfDB) has made the initial disbursement of a $1 billion loan to Transnet, South Africa’s state-owned
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AfDB Invests $24 Million in West African Development Bank to Boost Regional Development
The African Development Bank (AfDB) has signed a landmark $24 million equity investment agreement with the West African Development Bank
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ZCCM-IH Invests $10M in CEC Renewables’ Green Bond to Boost Zambia’s Energy Transition
ZCCM Investments Holdings PLC (ZCCM-IH) has announced its participation in the second tranche of the CEC Renewables Limited Green Bond
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SACE Partners with African Development Bank Group Under “Mattei Plan” to Boost Africa-Italy Collaboration
SACE, Italy’s insurance-financial group under the Ministry of Economy and Finance, has joined forces with the African Development Bank Group
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AfDB and Bank of Africa SA Partner in €50 Million Agreement to Boost SME Growth
The African Development Bank (AfDB) and Bank of Africa SA have inked a €50 million risk-sharing agreement to enhance private-sector
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Rwanda Secures $100 Million African Development Bank Loan to Revolutionize Kigali’s Urban Transport
The African Development Bank (AfDB) has approved a $100 million loan to transform Kigali’s urban transport system, addressing the city’s
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Emirates Extends Partnership with Australian Open Until 2029
Emirates has renewed its partnership with Tennis Australia, remaining the Official Airline of the Australian Open for another five years.
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CrossBoundary Energy Secures US$140M Senior Debt from Standard Bank to Scale Renewable Energy Across Africa
CrossBoundary Energy has secured a US$140M senior debt commitment from the Standard Bank of South Africa, marking the first tranche
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Biden Pledges $600 Million for Major Railroad Project in Zambia, Congo, and Angola
President Joe Biden announced a significant pledge of $600 million to fund the Lobito Corridor railway project during his visit
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