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IPO-Eastern Africa Network

Where Creative Minds Congregate for Community Development!

Category: Infrastructure

African countries have to invest up to 5.5 percent of their gross domestic product (GDP) in urban development if they are to avoid rapid growth of shanty towns by 2050 when its urban population is expected to triple.

Africa Needs More Investment for Urban Development

By African Development Bank Published December 6, 2024 African countries have to invest up to 5.5 percent of their gross domestic product (GDP) in urban development if they are to avoid rapid growth of shanty towns by 2050 when its urban population is expected to triple. This was the conclusion…

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The Ethiopia-Kenya electricity highway is much more than a simple infrastructure project; it embodies a vision of the future in which green energy becomes the driver of stronger regional cooperation and sustainable development. Thanks to this connection, East African countries can share their energy resources efficiently, while responding to the growing needs of their populations and industries.

Ethiopia-Kenya Electricity Highway Shapes Regional Connectivity

By African Development Bank Published November 1, 2024 The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more than 10 years of planning and construction, is redefining energy connectivity in East Africa. It is more than a piece of infrastructure, it is an economic and environmental entity,…

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African Development Bank Group has approved a new five-year Country Strategy Paper (CSP) for Kenya that focuses on boosting private sector-driven growth through infrastructure development, strategic reforms, and human capital development. 

African Development Bank to Assist Kenya in Development of Infrastructure and Human Resources

By Abdi Ali Published February 9, 2024 African Development Bank has approved a new five-year Country Strategy Paper (CSP) for Kenya that focuses on boosting private sector-driven growth through infrastructure development, strategic reforms and human capital development. “Our support, within the context of the new CSP 2024-2028, will be selectively…

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We are excited to collaborate with the Canada-Africa Chamber of Business and look forward to the forum that will promote trade and investment between Canada and our great continent of Africa.

Nairobi to Host 2nd Canada-Africa Business Conference

By Khalifa Hemed Published January 30, 2024 A business conference whose theme shall underscore Canada’s role as a trusted partner across African markets, emphasizing Kenya’s pivotal position as a key gateway to the East Africa region and the continent, shall take place in the Kenyan capital, Nairobi, February 19-20, 2024.…

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South 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,…

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Africa Finance Corporation (AFC) has signed a three-year US$300 million loan facility agreement with the Export-Import Bank of China (CEXIM) that is expected to drive increased trade finance and investment acros Africa ande foster economic growth and development.

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…

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