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EAAIF Makes Anchor Investment of $28 Million in Africell
The Emerging Africa & Asia Infrastructure Fund has invested in the African mobile operator’s $300m international public bond, the proceeds of which will strengthen mobile and data connectivity for subscribers in four countries.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Sweden Grants $4.8 Million to African Development Bank to Boost Capital Markets Integration Across Africa
The funds will support several strategic initiatives, including bringing legal and regulatory frameworks into line with international best practice.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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SteamaCo and Shyft Power Solutions Merge to Ignite Africa’s Digital Utility Transformation
Two of Africa’s leading energy technology companies are joining forces to help drive the digitization of Africa’s power grids and unlock more reliable, productive power.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Kenyan Court Suspends $736 Million Adani Power Line Deal
The Law Society has argued that the power deal is "a constitutional sham" and "tainted with secrecy".
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Rwanda to Halt Registration of Petrol Motor-Cycles in 2025
The Ministry of Infrastructure confirmed this policy as part of its push for cleaner, greener transportation options.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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Report: Mobile Internet ‘Usage Gap’ Comprises More Than 3 Billion People
The GSMA estimates investment of $418 billion will be needed to achieve universal mobile internet access.
- Categories
- Technology, Telecommunications
- Region
- Global
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Press Release: MCC, Zambia Sign $491 Million Compact to Advance Agriculture Sector
The Zambia Farm-to-Market Compact will be implemented by the Millennium Challenge Account (MCA)–Zambia II, a new entity created by the Government of Zambia specifically to lead implementation of this compact program.
- Categories
- Agriculture, WASH
- Region
- Global
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IFC Commits $25 Million to Acumen’s Fund for Expanding Energy Access in Africa
The grant encourages solar companies to lower interest rates for end-users by achieving specific key performance indicators (KPIs).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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