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.
BUSINESS
Afreximbank, in partnership with Arise Integrated Industrial Platforms (Arise IIP) and the Republic of Malawi, has initiated the construction of the Magwero Industrial Park in Lilongwe. This integrated industrial park is set to accelerate Malawi’s economic growth by providing a hub for manufacturing, processing, and export-oriented activities. Project Overview The Magwero Industrial Park is a […]