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World Bank Board Approves $47.7 Million to Improve the Public Sector in the First Result-Based Financing Program
The PAMP PforR aims to monitor progress in optimizing public revenue and financial reporting.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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JBS to Invest $2.5 Billion in Nigeria’s Meat Production but Environmental Concerns Raised
ProVeg Nigeria and ProVeg Brazil said in a joint statement the plan by JBS to expand its operations in Africa is counterproductive to ensuring food security on the continent.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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OPEC Fund Signs $394 Million Sustainability-Linked Loan with ETC Group to Support Smallholder Farmers in Africa
The funds aim to boost ETG’s working capital, enhance food systems, and support the livelihoods of over 600,000 smallholder farmers across sub-Saharan Africa.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
-
OPay Partners with AfriGOpay to Boost Digital Payments in Nigeria
AfriGO, Nigeria’s National Domestic Card Scheme aims to deepen financial inclusivity, by utilising innovative products, a customer-focused approach, and cutting-edge technology.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Smart Gamble or Foolish Risk? The Case for and Against Nuclear in Africa
Nuclear energy is low carbon, high intensity and consistent, but also expensive, hazardous, and perhaps simply unnecessary.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Sanari Capital Invests $5 Million in Energenic Holdings to Boost Energy Solutions in Africa
With electrification rates averaging only 30% in many regions, there is increasing demand for alternative power solutions, particularly renewable hybrid systems.
- Categories
- Energy, Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Teraco to Build JB7, a Vast New Data Centre for AI Workloads in South Africa
The new syndicated loan facility has been arranged through Absa — long a financial backer of Teraco — and other financial institutions, with the money to be used to finance JB7 and other construction projects.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- artificial intelligence, data, scale
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Hong Kong-Based West Data Group Breaks Ground on 20MW Bitcoin Mining Facility in Ethiopia
Bitcoin mining is an energy-intensive process, which makes countries with abundant, affordable electricity eye-watering prospects for investors.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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