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Day: October 14, 2025
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European Union Commits €545 Million to Boost Clean Energy and Power Access Across Africa
The European Union has unveiled a €545 million (about US$636 million) investment package to boost clean energy and modernise electricity networks in nine African nations.
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EIB Proposes $38 Million Equity Investment in Egypt’s Tanmiya Capital Ventures Fund II
The European Investment Bank (EIB) is preparing to invest USD 38 million in Tanmiya Capital Ventures Fund II, a private equity vehicle aimed at strengthening Egypt’s private sector while enhancing trade and investment links with the European Union.
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Norfund Invests $6 Million to Back Farmer-Led Takeover of South Africa’s Langeberg Foods
Norway’s development finance institution, Norfund, has pledged up to US$6 million to support the farmer-led acquisition of Langeberg Foods, a major South African canned fruit producer.