Development
Uganda Seeks €207.7 Million Citibank Financing for Eastern Road Project
Uganda is seeking authority to borrow up to €207.7 million from Citibank to finance a major road project in the country’s east,…
Tag: Infrastructure Investment
Development
ARM-Harith’s Climate Fund Tests Whether African Pension Capital Can Finance Infrastructure
ARM-Harith’s climate transition fund highlights a deeper development-finance question: whether African institutional savings can be channelled into bankable infrastructure at scale.
AfDB
Comoros Launches $137 Million Maritime Corridor Project Backed by African Development Bank
The African Development Bank has approved US$137 million to finance the Comoros Maritime Corridor and Regional Trade Facilitation Project, aimed at modernizing…
Business
AFC-Backed Infinity Power Reaches Financial Close on 200MW Ras Ghareb Wind Farm in Egypt
Africa Finance Corporation’s portfolio company Infinity Power has achieved financial close on the 200MW Ras Ghareb Wind Farm in Egypt, securing $153…
Africa
Sidi Ould Tah Elected Ninth President of African Development Bank Group
The African Development Bank Group (AfDB) has announced the election of Sidi Ould Tah as its ninth president, signaling a new chapter…