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World Bank Approves $150 Million for Electricity Services in Senegal
The World Bank’s Board of Executive Directors approved $150 million from the International Development Association (IDA) to increase access to electricity services for households, enterprises, and critical public facilities in Senegal.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Analysis: Europe’s Phase-Out of Russian Energy Over the Ukraine Crisis Could Mean Opportunity for African Countries
Suppliers such as the underdeveloped frontier energy markets of Africa may find new energy sector investors in Europe who can no longer rely on Russian natural gas, which has long been their dominant source.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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USAID launches $4.2 Million Investment scheme to Support 5 local Companies in Ghana
The U.S Ambassador to Ghana, Stephanie S. Sullivan, has announced a new co-investment scheme by the U.S. Agency for International Development (USAID) totaling $4.2 million to support five companies operating in the country.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Addis Ababa Inks $29 Million Deals With China Firms for Public Transport Upgrade
Authorities in Ethiopia’s capital Addis Ababa have inked a deal worth $29.17 million with two Chinese companies to modernise the transport sector.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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Pandemic Sends 4.7 Million More People Into Extreme Poverty in South East Asia – Asian Development Bank
The pandemic added 4.7 million more people to Southeast Asia's most extreme poor in 2021, reversing gains made in fighting poverty, the Asian Development Bank (ADB) said.
- Categories
- Coronavirus, Health Care
- Region
- South Asia
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World’s First Mobility FinTech Moove Raises $105 Million in Series A2 Round to Scale Its Revenue-Based Financing Model Globally
Moove is democratizing vehicle ownership across Africa by providing mobility entrepreneurs access to revenue-based financing in markets with low access to credit.
- Categories
- Finance, Technology, Transportation
- Region
- Global
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Analysis: Ukraine: How the Global Fertiliser Shortage Is Going to Affect Food
Fertiliser inputs to farming systems represent one of the largest single variable costs of producing a crop.
- Categories
- Agriculture
- Region
- Global
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Viewpoint: Russia’s Invasion of Ukraine: What Does It Mean for Africa?
The invasion has done profound damage to Russia’s relations with the West, which will be difficult to reverse as long as Putin and like-minded people around him are in power. Africa should brace itself for the challenging years ahead.
- Categories
- Agriculture, Energy, Environment, Finance, Health Care, Investing, Technology
- Region
- Europe & Eurasia
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