UAE’s African Rail plans to secure $170 million for rail expansion in South Africa.
African Rail Co. is seeking to raise roughly $170 million within the year to scale up its South African operations,
Global Finance
Standard Chartered secures $2.3bn for Tanzania rail project to boost trade.
Tanzania has secured significant financing for its major rail development, reflecting a wider continental drive to modernise transport systems and
Kenya signals investment in Uganda’s $4bn refinery to reciprocate Yoweri Museveni’s support.
William Ruto, Kenya’s president, has recently committed to making a substantial investment in Uganda’s long-delayed oil refinery project. Addressing participants
EU pledges $256m as food insecurity and displacement worsen in the Sahel and Nigeria
The European Commission has unveiled €235 million (around $256 million) in fresh humanitarian aid for West and Central Africa, as
Africa’s richest country secures €100m loan from France for struggling urban areas
Advanced talks are underway between France and South Africa over a potential loan aimed at supporting the country’s struggling urban
Uganda turns to US financing for $3.19bn rail project following China’s withdrawal
Uganda has revised its funding approach for the $3.19 billion standard gauge railway (SGR) project, with the United States now
Africa’s richest calls for more local investment amid IMF, World Bank talks
Aliko Dangote, chairman of the Dangote Group, has leveraged top-level engagements in Washington to advocate for stronger investment in Nigeria’s
Japan commits $10bn support for Asian nations amid oil crisis.
A $10 billion support package has been pledged by Japan to assist neighbouring Asian nations in securing energy supplies, particularly
Kenya lands $5.2 million UN-supported project to test low-carbon urban model.
In a bid to transform urban growth in Nairobi, the Government of Kenya has rolled out a $5.2 million project
Brazil annual inflation accelerates to 4.14% in March as fuel costs climb amid Mideast conflict
Brazil’s annual inflation accelerated to 4.14% in March from 3.81% in February, as higher fuel and food prices pushed consumer