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African Development Bank and Ecobank Centrafrique Sign €5 Million Trade Guarantee Facility to Support Industrialisation
The facility will strengthen Ecobank Centrafrique’s capacity to support small and medium-sized enterprises and industries by securing foreign trade financing, facilitating trade, and supporting economic growth.
- Categories
- Agriculture, Investing, Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: IFC and Standard Chartered Partner on Supply Chain Finance to Support African Businesses
The risk-sharing facility will cover up to $300 million in supply chain and trade finance assets originated by Standard Chartered in Africa.
- Categories
- Agriculture, Finance, Health Care
- Region
- Sub-Saharan Africa
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Africa’s Firms are Not Growing—New Data Reveal a Jobs Challenge
Across 48 Sub-Saharan African economies, a firm that has operated for nearly three decades employs barely twice the workers it had at birth. The gap relative to high-income economies is large, structural, and costly.
- Categories
- Agriculture, Energy, Finance, Health Care, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Sub-Saharan Africa
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IFC, EIB Group and European Commission Back Biovac to Build Africa’s First End-To-End Multi-Vaccine Manufacturing Site, Advancing Vaccine Self-Reliance
The financing package includes a $20 million senior loan from IFC with additional mobilization in progress and a €75 million quasi-equity investment from EIB Group.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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China Set to Cut Solar Incentives for Africa Days After Elon Musk Negotiates $2.9 Billion Chinese Solar Equipment Deal for Tesla
Africa’s solar expansion could face new cost pressures as China moves to scale back key export incentives, just as global demand surges following Elon Musk’s $2.9 billion push into Chinese solar supply chains.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Botswana Targets Drug Manufacturing in Health Emergency Recovery
Health Minister Stephen Modise, in an interview, said that while medicines are now more widely available, nationwide the focus is on building strong supply chains with locally manufactured drugs to overcome the high cost of importing medication.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Electric Vehicle Sales Boom as Ethiopia Bans Fossil-Fuel Car Imports
The East African country is making use of cheap hydropower and Chinese electric vehicles to ditch the internal combustion engine.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Critical Minerals, Complex Choices: WDI Report Unpacks the Dilemmas, Pathways for Countries with Vast Reserves
In the following Q&A, report authors Diana E. Páez, WDI Senior Director, Energy & Mobility; Dana Gorodetsky, WDI Program Manager, Energy & Mobility; and Gerald E. Arhin, Research Fellow in the Political Economy of Climate Compatible Development, University College London; discuss the core dilemmas countries face, share lessons from their comparative analysis, and offer guidance for policymakers navigating these complex choices.
- Categories
- Technology
- Region
- Global
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