Africa

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  • Category : Africa
  • World Bank to boost Nigeria’s electrification with $750 million

    Date: 2023-07-03 10:55:17 GMT - Nigeria - Africa - SN:33 - ID:10237381

    ABUJA, July 3 (MENA) - The World Bank has unveiled plans to commit additional $750m to deepen access to electricity through the Nigeria Electrification Project (NEP). World Bank’s Director of Strategy and Operations for Western Central African ....

  • Ethiopia applies to join BRICS bloc

    Date: 2023-07-01 13:34:08 GMT - Ethiopia - Africa - SN:49 - ID:10235393

    ADDIS ABABA, July 1 (MENA) - Ethiopia has made a request to join the BRICS group, the Ethiopian Ministry of Foreign Affairs announced Saturday. Addressing reporters during a bi-weekly news briefing today, Spokesperson for the Ministry of Foreign ....

  • Mozambique: African Development Bank adopts new Country Strategy Paper covering 2023-2028

    Date: 2023-06-30 12:54:54 GMT - Cote d'Ivoire - Africa - SN:37 - ID:10234128

    ABIDJAN, June 30 (MENA) - The Board of Directors of the African Development Bank (AfDB) Group has endorsed the Bank’s 2023-2028 Country Strategy Paper for Mozambique. The new strategy aims to promote the country's structural transformation by ....

  • Saudi Arabia says supports African Union's joining of G20

    Date: 2023-06-27 16:22:37 GMT - Kingdom of Saudi Arabia - Africa - SN:43 - ID:10230801

    RIYADH, June 27 (MENA) - The Saudi Ministry of Foreign Affairs said the kingdom supports the African Union’s (AU) joining of the G20 as a permanent member due to its importance in addressing current global challenges, such as climate change, ....

  • Paris Summit: AfDB president urges rich countries to keep financial commitments

    Date: 2023-06-23 15:52:10 GMT - France - Africa - SN:53 - ID:10224891

    PARIS, June 23 (MENA) - The president of the African Development Bank is in the French capital Paris for the Summit for a New Global Financial Pact, Africa News said. Speaking ahead of the talks launch, Akinwumi Adesina aimed at rich countries ....

  • Afreximbank, Ghana Railway Company to develop Western Railway Corridor to boost trade, industry

    Date: 2023-06-23 15:39:33 GMT - Ghana - Africa - SN:52 - ID:10224922

    ACCRA, June 23 (MENA) - The African Export-Import Bank (Afreximbank) and Ghana Railway Company, the national railway operator of Ghana, have signed a project preparation facility Head of Terms agreement and Pre-Mandate Letter to finance the ....

  • Africa can be new market for Indonesia's MSME products: minister

    Date: 2023-06-23 15:02:33 GMT - Indonesia - Africa - SN:49 - ID:10224890

    JAKARTA, June 23 (MENA) - The African region has the potential to become a new market for products made by Indonesian micro, small, and medium enterprises (MSMEs), Indonesian Trade Minister Zulkifli Hasan said here on Friday. He made the remarks ....

  • US announces about $89 m award to advance access to clean, reliable energy in Sub-Saharan Africa

    Date: 2023-06-21 11:52:40 GMT - USA - Africa - SN:35 - ID:10221062

    WASHINGTON, June 21 (MENA) - The United States, through the US Agency for International Development (USAID), announced a new Power Africa initiative for East and Central Africa to provide a five year, up to $88.9 million award, subject to the ....

  • Afreximbank's general annual meetings open in presence of finance minister

    Date: 2023-06-19 17:37:02 GMT - Egypt - Africa - SN:67 - ID:10217692

    ACCRA, June 19 (MENA) - President of the African Export-Import Bank (Afreximbank) Benedict Oramah officially opened on Monday the 30th Annual General Meetings of the African Export-Import Bank (Afreximbank), in the presence of Egypt's Finance ....

  • Afreximbank spent more than $45billion in Africa- President

    Date: 2023-06-19 15:57:26 GMT - Ghana - Africa - SN:59 - ID:10217632

    ACCRA, June 19 (MENA) - President of the African Export-Import Bank (Afreximbank) Benedict Oramah said the Bank spent more than $45 billion in the continent since the onset of Covid-19 pandemic in 2020 till the Ukrainian crisis in 2022. So, ....

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