Africa - Page 30

ECA Unveils Strategy For Africa’s Economic Diversification Amid Crisis

The Economic Commission for Africa (ECA) released a policy report aimed at steering economic diversification in Africa during uncertain times. Titled “Exogenous shocks and commodity dependence: how diversification can fuel the green

Emmanuel Ochayi

December 4, 2023

Africa·News·Tech News

The Gambian Govt Partners UN, MOCDE To Promote Digital Innovation

The Gambia, in partnership with the United Nations Economic Commission for Africa (ECA) and the Ministry of Communication and Digital Economy (MOCDE), unveiled its pioneering Digital Transformation Strategy and Digital ID Strategy

Emmanuel Ochayi

December 4, 2023

Africa·Business·News

AfDB Approves $252.83 Million Loan For Road Infrastructure In Uganda

The Board of Directors of the African Development Bank Group approved a loan amounting to $252.83 million for Uganda for the road infrastructure. The loan is allocated to finance the construction of

Emmanuel Ochayi

December 4, 2023

AfDB Boosts Nigerian Fertilizer Industry With $75m Loan

Africa·Business·News

Multilateral Development Banks Pledge Action To Tackle Africa’s Climate Crisis

Multilateral Development Banks gathered at the 2023 UN Climate Change Conference (COP 28) in Dubai have committed to extensive global action to address Africa’s critical climate change challenges. In a joint statement

Emmanuel Ochayi

December 4, 2023

Africa·Business·News·World News

African, Global Institutions Pledge $175M For Green Infrastructure

African and global institutions, joined by the governments of Germany, France, and Japan along with philanthropies, have pledged over $175 million towards the Alliance for Green Infrastructure in Africa (AGIA). This commitment

Emmanuel Ochayi

December 4, 2023

Africa·Business·News·Oil & Gas

Nigeria, Ghana, Others Lead Consortium To Deploy 5 GW Battery Energy Storage Systems

Ten countries, including Egypt, Ghana, India, Kenya, Malawi, Mauritania, Mozambique, Nigeria, and Togo, joined the Battery Energy Storage Systems (BESS) Consortium. Spearheaded by the Global Energy Alliance for People and Planet’s Global

Emmanuel Ochayi

December 3, 2023

Africa·Business·News·World News

UAE Pledges $4.5 Billion To Fund Renewable Energy Projects Across Africa

Sultan Ahmed Al-Jaber, UAE’s special envoy on climate change, revealed the UAE’s commitment to a $4.5 billion fund aimed at advancing renewable energy initiatives across Africa. Al-Jaber emphasized during an interview with

Emmanuel Ochayi

December 3, 2023

Africa

ECOWAS Condemns Violence In Guinea Bissau, Calls For Arrest Of Culprits

ECOWAS) has risen in condemnation of the conflict that erupted in Guinea Bissau on Friday, December 1, 2023.

Victor Ezeja

December 2, 2023

AfDB Announces $1.44 Billion Investment In Nigeria's Infrastructure

Africa·Business·News

Nigeria Can Lead Lithium-Ion Battery Production, Climate Transition, Says AfDB

In a revelation, the African Development Bank (AfDB) foresees Nigeria emerging as a global leader in lithium-ion battery manufacturing. Highlighting the country’s potential, the bank’s revised economic outlook for 2024, which was unveiled,

Emmanuel Ochayi

December 1, 2023

Africa·Business·News

AfDB Revises Africa’s Economic Growth From 4.3% To 3.8% In 2024, Cites Multifaceted Challenges

In an update to economic outlook, the African Development Bank (AfDB) has slashed growth projections for the African economy from 4.3% To 3.8% In 2024, highlighting various factors contributing to the downward revision. Speaking to

Emmanuel Ochayi

November 30, 2023

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Africa - Page 30

ECA Unveils Strategy For Africa’s Economic Diversification Amid Crisis

The Gambian Govt Partners UN, MOCDE To Promote Digital Innovation

AfDB Approves $252.83 Million Loan For Road Infrastructure In Uganda

Multilateral Development Banks Pledge Action To Tackle Africa’s Climate Crisis

African, Global Institutions Pledge $175M For Green Infrastructure

Nigeria, Ghana, Others Lead Consortium To Deploy 5 GW Battery Energy Storage Systems

UAE Pledges $4.5 Billion To Fund Renewable Energy Projects Across Africa

ECOWAS Condemns Violence In Guinea Bissau, Calls For Arrest Of Culprits

Nigeria Can Lead Lithium-Ion Battery Production, Climate Transition, Says AfDB

AfDB Revises Africa’s Economic Growth From 4.3% To 3.8% In 2024, Cites Multifaceted Challenges

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