Key Developments
Zambia: MTN launches Skills Academy to empower youth with digital skills
Siemens Did you know that the digital gap in Africa remains a significant challenge, with internet penetration estimated to be around 39.3%
The facility will provide the necessary financial resources to support the growth and development of private sector operations in Africa, which will, in turn, create more jobs, increase productivity, and foster inclusive economic growth. The loan will support various private sector operations, including infrastructure development, agribusiness, energy, and manufacturing. It will also provide financing for small and medium-sized enterprises (SMEs) in Africa, which is critical to job creation and economic growth.
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Kenya Enters Partnership With GIZ to Develop National Artificial Intelligence (AI) Strategy
Kenya is poised to become a leader in responsible AI development in Africa, with the government partnering with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to launch a project for a National Artificial Intelligence (AI) Strategy.
European Investment Bank to Channel Over €2 Billion Into Renewable Energy Projects Across Africa
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.
Clean Energy Firms Astra Energy and Powertron Global Team Up to Tackle Waste in Africa
US-based clean energy companies Astra Energy and Powertron Global have joined forces to establish a joint venture focused on waste-to-energy projects across Africa.