Tag: Infrastructure Development

In 2025, the European Investment Bank’s development arm, EIB Global, committed €3.1 billion across Africa.

Beltone Holding has introduced a new private equity division designed to support companies as they grow from early financing rounds to the verge of going public, marking a significant expansion of its investment services.

The African Development Bank Group (AfDB) and the United Nations Development Programme (UNDP) have announced a major new plan aimed at expanding the use of artificial intelligence (AI) across Africa to foster inclusive economic growth and create jobs.

The Government of Rwanda and Anthropic, a U.S.–based artificial intelligence research company, have formalised a three-year memorandum of understanding to extend the use of AI across key national systems, including health, education, and public services.

Skoot Technology has officially introduced its Skoot e3W, an electric three-wheeler for commercial drivers in Kenya, featuring SUN Mobility’s swap-and-go battery technology and distributed locally by Car & General.

Dubai-based manufacturer Maser Group is repositioning itself in Africa, channeling a large portion of its capital into agricultural land and digital infrastructure projects as the continent grapples with rising food import bills and a fast-growing need for data capacity.

Rwanda has reached a major milestone with US drone delivery firm Zipline, signing a new pact that sets the stage for nationwide autonomous medical logistics.

Africa’s economy is projected to grow by 4.0% in 2026, according to the United Nations’ World Economic Situation and Prospects 2026 report.

The Bill & Melinda Gates Foundation and OpenAI have launched a new $50 million artificial intelligence program aimed at strengthening basic health services in Africa, with initial deployment set to begin in Rwanda.