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Afreximbank’s Abuja African Trade Centre Attains LEED Platinum Certification AFREXIMBANK

African Export-Import Bank (Afreximbank) has achieved a major sustainability milestone with its African Trade Centre (AATC) in Abuja receiving LEED Platinum certification, the highest level of recognition under the globally respected Leadership in Energy and Environmental Design (LEED) framework. The certification, granted by the United States Green Building Council (USGBC) and Green Business Certification Inc. (GBCI), was officially awarded on 26 November 2025, […]

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3 min read
Towncrier Africa
AFC-Backed Infinity Power Reaches Financial Close on 200MW Ras Ghareb Wind Farm in Egypt BUSINESS

Africa Finance Corporation’s portfolio company Infinity Power has achieved financial close on the 200MW Ras Ghareb Wind Farm in Egypt, securing $153 million in financing from EBRD, Proparco, and JICA. Once complete, the project will power 300,000 homes and cut 390,000 tonnes of CO₂ annually.

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3 min read
Towncrier Africa
Coca-Cola HBC Acquires 75% of Coca-Cola Beverages Africa in $2.6 Billion Deal BUSINESS

Coca-Cola Hellenic Bottling Company (HBC) — one of the world’s largest Coca-Cola bottlers — has announced the acquisition of a 75% stake in Coca-Cola Beverages Africa (CCBA) for US$2.6 billion, expanding its presence to 14 African countries and reinforcing its long-term commitment to the continent’s consumer growth story.(Reuters, Oct 21 2025) The transaction transfers controlling ownership from The […]

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2 min read
Towncrier Africa
Local Businesses in Congo Poised to Benefit from AfDB Procurement Opportunities AFDB

BRAZZAVILLE, Republic of Congo, October 3, 2025 – More than 100 Congolese companies have been added to the African Development Bank’s (AfDB) supplier database following a training seminar aimed at strengthening local participation in the Bank’s procurement processes. The session, held in Brazzaville on 24 September 2025, was part of preparations for the AfDB’s Annual Meetings scheduled […]

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2 min read
Towncrier Africa
African Development Bank to Host Africa Natural Capital Accounting Community of Practice (Africa NCA COP) Secretariat AFRICA

ADDIS ABABA, Ethiopia, September 17, 2025/ — The African Development Bank Group (www.AfDB.org) has officially announced that it will host the Secretariat of the Africa Natural Capital Accounting Community of Practice (Africa NCA-CoP), strengthening its leadership role in integrating natural capital into climate-resilient development strategies across the continent.   As the new host, the Bank Group […]

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3 min read
Towncrier Africa
Japan Unveils Bold Vision at TICAD 9: Economic Zone Proposal & AI Training for Africa AFRICA

Yokohama, August 21, 2025 — At the 9th Tokyo International Conference on African Development (TICAD 9), Japanese Prime Minister Shigeru Ishiba unveiled a forward-looking framework to deepen economic ties with Africa. The plan includes the establishment of an “Indian Ocean–Africa Economic Zone,” alongside targeted investments in infrastructure, human capital, and innovation. A New Economic Zone to Unlock Regional […]

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3 min read
Towncrier Africa
Oramah Calls for Direct Afro-Caribbean Logistics Corridors to Unlock $1 Billion Trade Opportunity AFRICA

Grenada — July 29, 2025 Prof. Benedict Oramah, President of Afreximbank, has called on African and Caribbean nations to urgently build direct sea and air transport links to unlock the immense trade potential between the two regions—estimated at over $1 billion annually. Speaking during a high-level infrastructure panel at the 4th AfriCaribbean Trade and Investment Forum […]

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3 min read
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