KENYAN President Uhuru Kenyatta has welcomed an announcement by the United Arab Emirates (UAE) to establish an innovation and entrepreneurship centre in Kenya, State House said in a statement on…
CDC Group, the UK’s development-finance arm, will provide a $100 million credit facility to First Bank of Nigeria Ltd. to help support women-owned businesses and small companies in Africa’s largest economy. The…
TURKEY’S President Recep Tayyip Erdogan has started his mini-tour of Central and West Africa, which is expected to create new opportunities to boost bilateral trade and benefit Turkish businesspeople to…
DEMOCRATIC Republic of Congo (DRC) is close to a deal with Fleurette Group, controlled by Israeli investor Dan Gertler, that could enable it to recover mining and oil assets worth…
THE African Development Fund, the concessional window of the African Development Bank, has approved funding of $12.13 million to finance additional activities under the Bank-sponsored Fish Town-Harper Road Project in…
THE European Union has pledged 150bn euros ($170bn) for investment in Africa as it seeks to gain influence on the continent and become its partner of choice. But the continent’s leaders were…
THE African Development Bank (AfDB) has approved the Desert to Power G5 Sahel Financing Facility, covering Burkina Faso, Chad, Mali, Mauritania, and Niger. The Bank envisages to commit up to…
THE Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, says N5000 monthly national cash transfer means a lot to vulnerable Nigerians. The minister disclosed this on…
MASER, a Dubai-based electronics manufacturer, plans to invest $100 million over the next three years to expand in West Africa to tap strong demand for its products. The company, which…
LEADING global blockchain ecosystem and cryptocurrency infrastructure provider, Binance, is sponsoring a boot camp for Francophone Africans as it continues in its mission to drive blockchain adoption and enable greater…