Category: Development

School Launches New Business Diploma with Greater Socio-Economic Impact
By Irene Gaitirira Published October 13, 2023 Rhodes Business School has launched a new Postgraduate Diploma in Advancement and Resource Mobilisation to address a critical skill shortage in Africa. A decade ago, says Professor Owen Skae, Director of the Johannesburg (South Africa)-based school, Rhodes Business School offered a PhD, an MBA and a Postgraduate Diploma…
Read MoreSouth Sudan Markets Its Critical Minerals
By Abdi Alir Published September 28, 2023 South Sudan, that is estimated to hold at least eight million tonnes of copper alongside gold, diamonds, cobalt, nickel, lithium and rare earth elements, is out to position itself as Africa’s premier supplier of critical minerals. Martin Abucha, South Sudan’s Minister for Mining, is set to speak about…
Read More
Export-Import Bank of China Loan to Boost Trade Finance in Africa
By Abdi Ali Published September 26, 2023 Africa Finance Corporation (AFC) has signed a three-year US$300 million loan facility agreement with Export-Import Bank of China (CEXIM) that is expected to drive increased trade finance and investment across Africa and foster economic growth and development. The two institutions have collaborated since 2018, with AFC receiving US$400…
Read More
Africa Finance Corporation’s Investment to Transform Petroleum Product Transportation
By Africa Finance Corporation Published August 15, 2023 Africa Finance Corporation (AFC) has invested US$95.25 million in Mahathi Infra Uganda Limited to finance the construction of two self-propelled barges for operation on Lake Victoria, providing a more efficient and less carbon intensive alternative to traditional trucking. The financing will also support enabling infrastructure including 14…
Read More
Pan African Bank Supports Rwanda’s Water and Sanitation Reforms
By Abdi Ali Published July 21, 2023 Rwanda has received a US$101 million loan from African Development Fund to support its water and sanitation sector. Rwanda Sustainable and Resilient Water and Sanitation Programme aims to improve access to basic water supply and sanitation services. It will also strengthen legal, policy, institutional and regulatory frameworks for…
Read More
Djibouti Launches Study on Urban Infrastructure and Climate Adaptation
By Khalifa Hemed Published June 18, 2023 Djibouti in collaboration with African Development Bank (AfDB) has launched the Integrated Urban Infrastructure and Climate Adaptation Study Project. The study, according to AfDB, is expected to lead to a road map for improving access to resilient urban infrastructure and basic services besides building institutional capacity for inclusive…
Read More