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Africa - Page 40

Togo Secures $200,000 for Pilot Battery Energy Storage Project

Togo is launching a pilot battery energy storage project to stabilize its national grid and accelerate the country’s shift toward renewable energy. The initiative is being supported by the French Development Agency (AFD) and the Global Energy Alliance for People and Planet

October 22, 2025

Elumelu Confident In Naira Regaining Stability Amid CBN Leadership Change

Africa·News·World News

COP28: Elumelu Urges Africa’s Active Role In Global Climate Agenda

In a call for proactive African participation in global climate discussions, Tony Elumelu, Founder of The Tony Elumelu Foundation and Chairman of United Bank of Africa, emphasized the role Africa must assume in shaping the climate agenda. Speaking at the ongoing COP28

December 5, 2023

Africa·Business·News

Polaris Bank Enhances Cross-Border Transactions Through PAPPS Enrollment

Polaris Bank, one of Nigeria’s digital retail banks, has joined the Pan-African Payment and Settlement System (PAPPS), marking a step towards simplifying cross-border financial transactions across Africa. The PAPPS platform, tailored for international trade within the African continent, promises efficient, secure, and

December 4, 2023

Africa·Business·Finance & Economy·News

UBA Wins 2023 Bank Of The Year In Nigeria, Over 5 Other African Countries

United Bank for Africa (UBA) Plc, has won the Bank of the Year award at The Bankers Awards 2023 in Nigeria and more than 5 other African countries. In the ceremony in London hosted by The Banker Magazine, the financial institution bagged

December 4, 2023

Africa·News

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 economy in Africa,” the report offers crucial insights for policymakers

December 4, 2023

Africa·News·Technology

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 after an intensive nine-month endeavor. The validation of these strategies

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 two vital roads – the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road. Augustine

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 released, representatives from major banks affirmed their determination to increase

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 a show of solidarity amid COP28 signifies a leap toward

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 Leadership Council (GLC) At the 2023 United Nations Climate Change

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 CNBC Africa at the COP28 summit, “The Africa fund, totaling

December 3, 2023

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Africa - Page 40

Togo Secures $200,000 for Pilot Battery Energy Storage Project

COP28: Elumelu Urges Africa’s Active Role In Global Climate Agenda

Polaris Bank Enhances Cross-Border Transactions Through PAPPS Enrollment

UBA Wins 2023 Bank Of The Year In Nigeria, Over 5 Other African Countries

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

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