Tag: Infrastructure Development

Nigeria has placed green finance at the centre of its strategy to accelerate its energy transition, with President Bola Ahmed Tinubu unveiling plans for a $2 billion climate fund at the Abu Dhabi Sustainability Week summit.

A new five-year international initiative backed by the Bill & Melinda Gates Foundation has been launched to advance crop biotechnology and bolster food security in Rwanda.

The European Investment Bank (EIB) has unveiled a major financing initiative that will direct over €2 billion (about $2.3 billion) into renewable energy development across Africa within the next two years, reinforcing its role as a key financier of sustainable infrastructure on the continent.

The OPEC Fund for International Development and the Trade and Development Bank Group (TDB Group) have officially become members of the Alliance for Special Agro-Industrial Processing Zones (SAPZ), reinforcing collective efforts to expand agro-industrial activity across Africa.

Africa faces a $150B yearly infrastructure gap. Explore the causes, climate-finance shortfall, and opportunities for investment across key sectors.

The U.S. retail giant Walmart has officially opened its first store under the Walmart name in South Africa, marking a major step in its African expansion.

Meta has completed the core construction of 2Africa, the subsea cable system it calls the world’s longest open-access network.

A total of 30 startups have been shortlisted as finalists for the Latitude59 Kenya Pitch Competition, emerging from a field of 222 applications submitted from 27 different countries.

South Africa’s pan-African operator Vodacom Group has announced a major new agreement with Starlink, the satellite broadband service developed by SpaceX, to bring high-performance internet connectivity across the African continent, including to underserved rural regions.