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Afreximbank

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    • IATF Roadshow Kenya
    • South Africa Accelerates Drive to Expand Intra-African Trade through African Continental Free Trade Area (AfCFTA)
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Source: Afreximbank |

South Africa Accelerates Drive to Expand Intra-African Trade through African Continental Free Trade Area (AfCFTA)

As reported in Afreximbank’s 2024 African Trade Report, South Africa exported $29.6 billion and imported $9.6 billion from African partners, with intra-African exports comprising 26.8% of total exports

South Africa has reaffirmed its commitment to harnessing the African Continental Free Trade Area (AfCFTA) to unlock new growth opportunities for local businesses and strengthen regional integration. Opening the IATF2025 South Africa Business Roadshow in Johannesburg, Mr. Humphrey Nwugo, Regional Director (Southern Africa) at Afreximbank (https://www.Afreximbank.com/), emphasised the urgency of…

Arab Coordination Group (ACG)

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    • Mauritania roundtable raises US$2 billion pledge from the Arab Coordination Group in development funding
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Source: Arab Coordination Group (ACG) |

Mauritania roundtable raises US$2 billion pledge from the Arab Coordination Group in development funding

During the roundtable, the government of Mauritania presented a portfolio of priority investment projects

Mauritania’s national development program will see a strong boost with a US$2 billion pledge made by the Arab Coordination Group (ACG) (www.TheACG.org) at a high-level roundtable held in Vienna, Austria. The event was chaired by the President of Mauritania, Mohamed Ould Cheikh El Ghazouani, and was hosted by the OPEC…

African Energy Chamber
Source: African Energy Chamber |

Nigeria’s President Tinubu to Bring Bold Energy Reforms to African Energy Week (AEW) 2025 Stage

Nigerian President Bola Ahmed Tinubu will address African Energy Week 2025: Invest in African Energies, as the country’s sweeping oil, gas and energy sector reforms drive over $8 billion in new investments, positioning Nigeria as one of Africa’s most attractive energy markets

African Energy Week (AEW) 2025: Invest in African Energies is proud to announce that Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, will address delegates at Africa’s premier energy event in Cape Town. President Tinubu’s participation comes as Nigeria undergoes one of the most ambitious reform drives in…

African Energy Chamber
Source: African Energy Chamber |

Trident Energy Steps Up Regional Activity with Chief Executive Officer (CEO) to Speak at African Energy Week (AEW) 2025

Trident Energy CEO Jean-Michel Jacoulot will speak at the African Energy Week 2025: Invest in African Energies conference, highlighting the company’s strategic expansions in Congo and Equatorial Guinea as it boosts production and operatorship across key African assets

Jean-Michel Jacoulot, CEO of Trident Energy, has been confirmed to speak at African Energy Week (AEW) 2025: Invest in African Energies, taking place in Cape Town from September 29-October 3. Amid a period of dynamic expansion and production growth, Trident Energy continues to strengthen its position as a leading independent…

African Development Bank Group (AfDB)

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    • African Development Bank approves €19.6 million in financing to scale up Cabo Verde’s pioneer in wind and battery storage capacity
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Source: African Development Bank Group (AfDB) |

African Development Bank approves €19.6 million in financing to scale up Cabo Verde’s pioneer in wind and battery storage capacity

The project advances Cabo Verde’s goal of generating 50% of its electricity from renewables by 2030 as well as its Nationally Determined Contribution under the Paris Agreement

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €19.6 million financing package to support the Cabeólica Phase II Expansion Project in Cabo Verde. The project is the country’s first renewable energy initiative to integrate wind power generation and battery energy storage systems (BESS) at…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank, British International Investment and European Bank of Reconstruction and Development support pioneering solar and battery storage project in Egypt with $476 million loan

The project’s blended financing of $475.6 million corresponds to approximately 80 per cent of the total estimated capital expenditure of $590 million

Egypt's first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability, and manage peak demand.  It is expected to generate approximately 3,000 GWh of clean energy and avoid up to 1.4 million tons of emissions annually, supporting Egypt’s decarbonisation goals. The African Development Bank (www.AfDB.org),…

African Energy Chamber
Source: African Energy Chamber |

Angola, United States (U.S.) Set Course for Expanded Energy Cooperation During Meeting in Washington

Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, met with U.S. Secretary of Energy Chris Wright in Washington, D.C. to advance strategic cooperation and expand U.S. investment across oil, gas, critical minerals and renewable energy

Angola has taken a decisive step in advancing its strategic partnership with the U.S., following a high-level meeting between Angolan Minister of Mineral Resources, Oil and Gas Diamantino Azevedo and U.S. Secretary of Energy Chris Wright in Washington, D.C. on June 11. The meeting – also attended by Angola’s Ambassador…

Amnesty International
Source: Amnesty International |

Global: Urgent action needed as climate crisis leads to devastating new harms to human rights

Across the globe, unnatural disasters exacerbated by climate change, such as worsening droughts and severe floods, are damaging harvests and leading to food scarcity and water shortages, contributing to displacement, migration and conflict

States must urgently deliver ambitious climate action by mapping out a just transition away from fossil fuels in all sectors to prevent even worse human rights harms around the world, Amnesty International said in a new briefing to mark the start of the Bonn Climate Conference which takes place between 16-26 June.…

Ministry of Planning, Economic Development, and International Cooperation - Egypt
Source: Ministry of Planning, Economic Development, and International Cooperation - Egypt |

The Minister of Planning, Economic Development, and International Cooperation signs an agreement with the Federation of Egyptian Industries, the Federation of Chambers of Commerce, and 10 business councils and associations to expand the services provided through the Hub for Advisory, Finance & Investment for Enterprises platform across governorates

The agreement aims to enhance the benefit of private sector companies across Egyptian governorates whether large, small, medium, micro-enterprises, or startups from the financial and non-financial services

During the activities of the “Development Finance to Foster Private Sector-Led Growth & Jobs” conference, organized by the Ministry of Planning, Economic Development, and International Cooperation, under the patronage and in the presence of H.E. Prime Minister Dr. Mostafa Madbouly, H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and…

Delegation of the European Union to Egypt
Source: Delegation of the European Union to Egypt |

The European Union helps boosting Egypt's green transition

This includes €1.8 billion announced as part of the EU-Egypt Strategic and Comprehensive Partnership

On 15 June, the European Union and the Government of Egypt will launch the EU-Egypt Investment Guarantee for Development Mechanism. This platform will attract investments to high impact projects in areas such as clean energy, water and wastewater management and sustainable agriculture. It will also support digital transformation, and the…