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Senegal Cement Giant Secures €242 Million From IFC
The International Finance Corporation (IFC) has provided €242m in financing for Sococim Industries, Senegal's leading cement producer, to build a new production line at its Rufisque cement plant and reduce its carbon footprint.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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AFRICA: The Green Climate Fund Commits $240 Million to Climate-Resilient Infrastructure
The Green Climate Fund (GCF) has committed $240 million to the Infrastructure Climate Resilient Funds (ICRF). Launched by the Africa Finance Corporation (AFC), this facility aims to finance climate-resilient infrastructure in Africa.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Press Release: USAID Announces New Partnerships and Ongoing Investments In Global Water Security and Sanitation at Historic UN Water Conference
USAID announced new commitments to global water security, sanitation and hygiene in support of the United States Global Water Strategy, 2022-2027, and the White House Action Plan on Global Water Security.
- Categories
- WASH
- Region
- Global
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Nigeria Begins Work on Solar Cell Production Factory to Boost Power Supply
Work has begun in Nigeria on the construction of a solar-cell production factory aimed at increasing power supply in the West African country.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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How U.S. Businesses Can Compete with China in Emerging Markets: Transitioning from a ‘Death Economy’ to a ‘Life Economy’
For decades, American businesses working in emerging markets have prioritized profit maximization regardless of the social and environmental costs — an approach that economist and author John Perkins describes as the "death economy." But as China has supplanted America as the top investor and trading partner in many of these markets, Perkins attributes its success to its embrace of the ideals — if not always the practices — of sustainable development. He explores how China's promotion of a regenerative "life economy" has resonated in developing countries, and how U.S. businesses can respond.
- Categories
- Environment, Investing, Transportation
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China’s Telecom Giant Sunwalk Group To Invest USD 2 Billion In Pakistan’s Telecom Industry
Pakistan will develop an optical fibre network covering an area of 1,00,000 kilometers as Chinese Sunwalk group to invest USD 2 billion in telecom industry.
- Categories
- Technology, Telecommunications
- Region
- Asia Pacific
- Tags
- infrastructure
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Press Release: Africa Receives Investment Boost to Develop Water Infrastructure
Metito and British International Investment join forces to establish Africa Water Infrastructure Development platform.
- Region
- Sub-Saharan Africa
- Tags
- climate change, hygiene, infrastructure, sanitation, scale, SDGs, water
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Press Release: Central African Republic Can Lift Millions Out of Poverty by Revitalizing its Agricultural Sector: World Bank Report
The Central African Republic can lift millions of people out of poverty by transforming its vital agriculture sector as a key driver of economic growth.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa