Africa

AfCFTA: 40 African countries sign agreement

African countries on Wednesday signed an agreement establishing the African Continental Free Trade Area (AfCFTA) in Kigali, the capital city…

Rwanda secures $30m AFDB loan to unlock fast-growing innovation economy

African Development Bank said Monday that it is supporting Rwanda with $30 million loan in the country's establishment of Innovation Fund. The…

Egypt approves $1.5m loan from AFDB

Egypt's Cabinet approved Sunday a $1.5 million African Development Bank (AfDB) loan to construct the sewage station's project in Abu…

AfDB commends Japan’s multi-billion-dollar support for Africa’s economic transformation.

Akinwumi Adesina, president of the African Development Bank (AfDB), has commended the government of Japan for its strong support of…

Drought to cut South Africa’s agric output by 20%

A severe drought afflicting South Africa’s Western Cape province is expected to cut agricultural output by 20 percent in 2018,…

South Africa government reconfirms commitment to renewables, signs new deals

Jeff Radebe, South Africa's energy minister said Tuesday that the country will sign long-delayed agreements with 27 independent power producers next…