Africa

AfDB supports mortgage finance in Ghana with $15 million loan

In a bid to enhance its mortgage loan portfolio and help develop an effective affordable mortgage finance sector in Ghana,…

Kenya tops Africa with 700MW geothermal renewable power capacity, says REN21 report

Kenya is leading Africa in terms of geothermal power capacity, a report by Renewable Energy Policy Network for the 21st…

South Africa needs reform state-owned enterprises to boost growth

Cyril Ramaphosa, South African President said the country needs to take extraordinary measures to boost growth following years of stagnation…

S.Africa to open bidding round for green energy contracts in November

South Africa’s next round of bids for renewable energy agreements with independent power producers will begin in November and could…

AfDB issues 10-year CAD$60m “Feed Africa” bond to end continent’s dependence on food imports

The AAA-rated African Development Bank Wednesday, May 30, 2018 issued its second “Feed Africa” bond for CAD$60 million, which was…

StanChart, AFC partner to boost trade finance in Africa, mull $350m sectoral expansion

Standard Chartered and Africa Finance Corporation (AFC), a multilateral development financial institution, have launched a funded risk participation programme to…