tagresults
Incentro renouvelle la spécialisation Infrastructure de Google Cloud
Incentro a annoncé le renouvellement de sa spécialisation en infrastructure dans Google Cloud Partner Advantage. Le programme Google Partners Advantage permet à des organisations telles qu'Incentro d'accéder à des formations, à une assistance et à des ressources pour permettre aux clients de réussir.
Incentro renews Google Cloud’s Infrastructure Specialization
Incentro announced it has renewed its Infrastructure Specialization in Google Cloud Partner Advantage. The Google Partners Advantage program enables organizations like Incentro to gain access to training, support, and resources to set clients up to succeed.
[East Africa Business Week] Bob Koigi: Harnessing the potential of African intermediary cities
Africa’s urbanization rate has reached a record high with the continent being the most urbanized globally.
BlackBerry partners with Midis to drive growth in Eastern Europe, Middle East and Africa
BlackBerry announced it has entered into a partnership with Midis Group to expand its go-to-market sales motion across Eastern Europe, the Middle East, and Africa.
Africa50 appoints Jon-Pierre Fourie as Senior Director, Strategy and Investors Relations
Africa50, the pan-African infrastructure investment platform, has appointed Jon-Pierre Fourie as Senior Director, Strategy and Investors Relations, effective 9 May 2022.
African Development Fund approves $71.5m loan for road upgrading in Uganda
The African Development Fund (ADF) approved a loan of $71.5 million to pave sections of two roads in southwestern Uganda, a project expected to boost livelihoods, school attendance and rural connectivity.
African Development Bank achieves satisfactory results in Madagascar
The African Development Bank is achieving satisfactory results in Madagascar, according to the mid-term report of the Country Strategy Paper (CSP) for the period 2017-2021 and the performance review of the 2019 country portfolio.
Harith General Partners appoints Sipho Makhubela as new CEO
Pan-African infrastructure financier, Harith General Partners has announced at its Annual Investors' Feedback meeting that Mr Sipho Makhubela has been appointed as its Chief Executive Officer.
[South Africa] LyondellBasell, Sasol form integrated polyethylene joint venture
LyondellBasell and Sasol announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol’s 1.5 MM ton ethane cracker.
IFC more than doubles issuance of social bonds in FY2020 to over $3bn
IFC released its new Social Bond Impact Report, showing cumulative volume raised from the program more than doubled in FY2020, bringing the total to over $3 billion since the program's founding.
The OPEC Fund, AFC sign $50m loan agreement to support post-COVID-19 African infrastructure
The OPEC Fund for International Development (the OPEC Fund) and Africa Finance Corporation (AFC) have signed a $50 million loan agreement to help finance and build infrastructure needed for Africa’s post-COVID recovery.
[Morocco] IFC, Marrakech-Safi join forces to boost region’s investment potential
IFC is expanding the scope of its support to subnational entities in Morocco through a new partnership with the Wilaya of the Region of Marrakech-Safi and the Regional Investment Center, to attract more investment and improve the business environment.
OPEC Fund approves $20m for SMEs in East Africa
The OPEC Fund for International Development (the OPEC Fund) signed a $20 million term loan in favor of East African Development Bank, to support SMEs and infrastructure projects in East Africa.
DFC approves $3.6 billion of new investments in global development
The U.S. International Development Finance Corporation (DFC) approved investments this quarter totaling more than $2.5 billion across nine projects that will advance development in Africa, Latin America, and emerging markets across the globe.
World Bank provides $130.8m to upgrade road infrastructure in Uganda’s West Nile sub-region
The World Bank approved a grant of $130.8 million from IDA to ease the movement of goods and people and improve access to social services and job opportunities in the refugee hosting districts in the West Nile sub-region of Uganda.
World Bank approves $750m to boost regional integration, national development in Kenya
The World Bank approved $750 million financing to improve the movement of people and goods, digital connectivity and access to social services for over 3.2 million people living in Kenya's North Eastern region
EBRD supports infrastructure services in Morocco
The European Bank for Reconstruction and Development (EBRD) is supporting the delivery of vital infrastructure services in Morocco with a €300 million financing package to state-owned utility and transport companies.
CDC targets over $1bn annual investment in African businesses
CDC Group, the UK’s impact investor and development finance institution (DFI), announced a commitment to invest over $1 billion again in African businesses in 2021.
EIB accelerates climate disaster recovery, clean energy and transport investment in Madagascar
Reconstruction of road and rail links in the Madagascan capital Antananarivo will be accelerated following the disbursement of €16.4 million by the European Investment Bank.
USTDA, TDB partner to strengthen infrastructure in sub-Saharan Africa
The U.S.Trade and Development Agency (USTDA) signed a Memorandum of Understanding with The Eastern and Southern African Trade and Development Bank (TDB) to bring high-quality infrastructure solutions to sub-Saharan Africa.
IFC signs $30m financing agreement to improve Morocco's infrastructure
IFC signed $30 million financing agreement to support Morocco’s Fes-Meknès region expand and upgrade its rural road network, reducing regional inequalities and helping people in remote communities access jobs and social services.
AAIM raises $80m capital to finance sustainable infrastructure investments in sub-Saharan Africa
African Infrastructure Investment Managers (AIIM), Africa infrastructure-focused private equity fund managers, has successfully completed a capital increase of $80 million for its flagship pan-African infrastructure fund, AIIF3.
World Bank approves $100m for Maputo Urban Transformation Project in Mozambique
The World Bank approved a $100 million grant from the International Development Association (IDA) in support of Maputo Urban Transformation Project.
USTDA advances broadband connectivity in South Africa
The U.S. Trade and Development Agency (USTDA), announced grant funding for a feasibility study to expand broadband infrastructure for half a million people in South Africa’s Western Cape province.
ZOL Zimbabwe rebrands to Liquid Home Zimbabwe
ZOL Zimbabwe unveiled its new brand identity, Liquid Home Zimbabwe, to reflect the natural evolution of the well-loved home brand and its much-awaited alignment with the parent brand, Liquid Intelligent Technologies.
Sanlam et Allianz s'associent pour créer un géant africain de l'assurance
Sanlam et Allianz ont convenu de combiner leurs opérations actuelles et futures en Afrique pour créer la plus grande entité panafricaine de services financiers non bancaires sur le continent.
AfDB opened new digital skills training centres for women in ICT
The newest digital training centres of the African Development Bank’s Coding for Employment program will set aside half of their initial training slots to women applicants.
AfDB approves $180m loan to reinforce transmission, last mile connectivity in Rwanda
The African Development Bank (AfDB), approved two loans amounting to $180 million to co-finance a major energy project that will extend electricity access to rural areas and reduce greenhouse gas emissions in Rwanda.
IFC partners with Lagos State to expand access to sustainable urban transport in Nigeria
To increase access to public transportation and reduce vehicle emissions in Lagos, Nigeria, IFC has partnered with the Lagos State Government to support the development of two bus corridors in the city.
Google’s Equiano to land in Nigeria in April
“Nigeria is a major landing point for the Equiano cable and the launch of this major milestone is expected to take place in April 2022.″
[Egypt] Infrastructure and sustainability platform, Pylon, announces $19m funding round
Pylon, the infrastructure management platform transforming electricity and water companies in emerging markets, announces a $19 million seed funding round.
IFC partners with and Atlas Tower to develop telecoms towers, expand digital access in Kenya
To expand coverage of online and mobile phone services across underserved areas of Kenya and reduce costs for consumers, IFC and Atlas Tower Kenya announced a partnership to support the building of
independent telecommunication towers.
Up to USD200 Millions to unlock climate-aligned local currency infrastructure bonds in Nigeria
InfraCredit, FSD Africa sign technical assistance agreement to unlock climate-aligned local currency infrastructure bonds in Nigeria with up to USD200 Millions.
[Guinée Equatoriale] BDEAC finance l’aménagement de la route Akurenam et Minang pour plus de FCFA 88 milliards
BDEAC et le Gouvernement de la République de Guinée Equatoriale ont procédé à la signature d’un Accord de financement pour la mise en œuvre d’un projet d’aménagement routier.
MIGA issues guarantees of $212m to upgrade Kenya's national road network
MIGA has issued guarantees of $212 million covering equity by Mota-Engil Africa as well as loans from Stanbic Bank to support Kenya’s Roads Annuity Program (Lots 15 and 18), which aims to improve the country’s national road network.
Equinix closes $320m acquisition of MainOne Africa
Digital infrastructure company, Equinix, has announced the completion of the deal to acquire West African data center and connectivity solutions provider MainOne for an enterprise value of US$320M.
[COMOREES] AfDB Provides US$ 21.6 Million to Rehabilitate Roads
US$ 21.6 million to Comoros to implement the third phase of the National Road Network Rehabilitation Programme.
[ COMORES] BAD apporte un appui financier de 21,6 millions de dollars pour réhabiliter des routes
un financement de 21,6 millions de dollars américains aux Comores pour mettre en œuvre la troisième phase du Programme de réhabilitation du réseau routier national.
World Bank approves $70m to boost human capital, inclusive growth and regional integration in Djibouti
The World Bank approved two new projects totaling $70 million from the International Development Association (IDA), to help Djibouti foster more inclusive economic growth and strengthen regional integration.
Dangote Sugar’s $700million BIP investments to promote infrastructure development
The Speaker said he was taken aback by the huge nature of the investment, noting that it would not only open up opportunities in the state but in Africa as a whole.
[Nigeria] Phase3 Telecom scales up layered security for optimized network infrastructure
Phase3 Telecom has announced that it is adopting an innovative, technology-driven, digitized and multilayer approach for security operation network capacity expansion.
Microsoft, Tizeti collaborate to boost high-speed internet in Nigeria with Airband initiative
West Africa’s solar-based internet service provider, Tizeti, has partnered with Microsoft Corp. to roll out high-speed Airband internet infrastructure in Oyo State.
Equiano subsea cable enters partnership with CSquared to transform the Togo's broadband landscape
The Togolese Republic, CSquared and Google have announced a major digital initiative which includes the arrival of Equiano, a subsea internet cable running from Portugal to South Africa.
Safaricom inks infrastructure deal with Ethiopia
Safaricom, the newest telecom operator in Ethiopia, has signed a five-year lease agreement with state-owned power utility to share dark fiber-optic infrastructure in the Horn of African nation, the first infrastructure deal with Ethiopia.
UK Export Finance provides £113m to support roadworks in Cameroon, boost bilateral trade
The UK Export Finance (UKEF), has provided £113 million of financial support for the Cameroonian Government to boost bilateral trade and help UK businesses complete essential roadworks that will unlock the country’s economic potential.
[South Africa] Fibre Based Integrations and Cepton in Smart City Projects to address traffic challenges in Cape Town
Silicon Valley-based smart lidar solution provider Cepton, Inc. and Fibre Based Integrations, an established fiber optics systems house, are working together to develop lidar-based vehicle detection solutions in Cape Town, South Africa, to enable smart transportation infrastructure city-wide.
L'AfDB accorde un don de $400 000 pour moderniser le marché financier de l’Union monétaire ouest-africaine
La Banque africaine de développement a signé avec le Dépositaire central de règlement de l’Union monétaire ouest-africaine (UMOA), un protocole d’accord de don d’un montant de 400 000 dollars américains pour moderniser l’infrastructure du marché financier régional.
iSAT Africa selects Clear Blue Technologies as preferred partner for smart solar off-grid power
Clear Blue Technologies International Inc., the Smart Off-Grid Company, today announced that it has entered a memorandum of understanding, with iSAT Africa, an integrated communications services provider serving Africa and the Middle East.
MTN successfully deploys Ericsson Customer Order Dashboard solution
MTN Global Sourcing and Supply Chain (GSSC) has successfully deployed the Ericsson Customer Order Dashboard (ECOD) solution from Ericsson.
Telesat partners with Liquid Intelligent Technologies to bring Telesat Lightspeed services in Africa
Telesat and Liquid Intelligent Technologies announced a strategic cooperation agreement to explore reciprocal go-to-market strategies to bring Telesat Lightspeed Low Earth Orbit (LEO) satellite services to Africa.
African Development Bank approves health infrastructure strategy for Africa
The African Development Bank has approved its Strategy for Quality Health Infrastructure in Africa 2022-2030, a historic first for the Bank.
Pan-African fintech Ukheshe Technologies appoints Darryn Botha as new CIO
Pan-African fintech enablement partner Ukheshe Technologies, has appointed Darryn Botha as its Chief Information Officer (CIO). Botha’s role will include overseeing data security and maintaining a stable IT infrastructure.
[Nigeria Business Week] Andrea Ayemoba: Domestic savings, capital formation meet infrastructure demands
The Federal Government is taking huge strides to strengthen the infrastructure and agriculture industries in Nigeria.
[Incentro | HYCU | GAB Webinar] How finance institutions are leveraging the cloud to fortify IT infrastructure
This webinar is a discussion on how financial institutions around Africa and the world are migrating their IT infrastructure from on-premises solutions to cloud-based solutions and what this means for the finance industry.
Niger set to monetize massive gas reserves through Trans-Saharan Natural Gas Pipeline
Enabling Europe to tap into West Africa’s abundant natural gas supplies, the Trans-Saharan Gas Pipeline is expected to boost exploration in The Republic of the Niger and expand its energy industry.
EU, AFD partner to support public and private investments in Africa
The European Commission (EU) and Agence Française de Développement (AFD) Group signed a €35 million guarantee agreement for FISEA+ and Cityriz initiatives to support public and private investments in Africa.
EBRD approves new country strategy for Egypt
The European Bank for Reconstruction and Development (EBRD) approved its country strategy for Egypt, which focuses on three key priorities identified in cooperation with the Egyptian government.
AfDB and Africa50, in partnership with the AU and AUDA NEPAD, to create Alliance for Green Infrastructure in Africa
The African Development Bank Group and Africa50, in partnership with the African Union Commission and the African Union Development Agency (AUDA-NEPAD), are exploring collaboration with global partners to create an Alliance for Green Infrastructure in Africa.
[Ghana] Government kicks off $103.4m project to restore landscapes, mining sector
The Ghana Landscape Restoration and Small-Scale Mining Project has been launched by the government to strengthen the integration of the country’s natural resource management.
World Bank approves $538m financing package to boost regional connectivity in Cameroon and Chad
The World Bank approved a financing package to boost regional connectivity through a regional Cameroon-Chad Transport Corridor project. The World Bank also established Cameroon and Chad’s eligibility for the Prevention and Resilience Allocation.
Business Insider features Morocco as one of Africa’s best investment destination in 2022
Morocco has been featured in fifth place on Business Insider’s list of the top best investment destinations in 2022. Morocco’s resilient economy and positive growth prospects all contribute to the country’s strong position as a regional investment hub.
Five benefits and challenges of health volunteerism in Africa
Africa is a beautiful continent that’s diverse and rich in culture. It’s a good place to volunteer if you want to gain practical experience, do some good, and learn about different cultures.
African Union welcomes $11.48m grant from the ADF to strengthen delivery of Agenda 2063
The African Union Commission (AUC) will benefit from an $11.48 million grant from the African Development Fund (ADF) to strengthen its governance and provide it with institutional support.
IFC invests in AXIAN Telecom bond to support digital connectivity in Africa
To scale up access to quality mobile connectivity for millions of individuals and businesses across Africa and to further support the continent's digital economy, IFC has invested in a maiden bond issuance by AXIAN Telecom.
CDC appoints Kwabena Asante-Poku as Coverage Director for Ghana
UK’s Development Finance Institution (DFI) CDC announced the appointment of Kwabena Asante-Poku as Coverage Director for Ghana. The new position will amplify the DFI’s presence in West Africa and strengthen its reach across the continent.
AfDB sets course to close infrastructure gap with approval of its first public private partnerships strategic framework
The African Development Bank (AfDB) has taken a crucial step to further address the infrastructure gap in African countries, with the approval of its first strategic framework for the development of public-private partnerships.
[Nigeria] AFEX to open second round of $240m funding series to strengthen Africa’s agro-processors
AFEX has announced the reopening of its $240m Asset-Backed Commercial Paper to help stabilize Nigeria's agriculture sector by offering Agro-processors low-cost financing to bridge the funding gap between lenders and borrowers.
[Guinea Bissau] AfDB announces $30 million package for infrastructure, budget and governance support
African Development Bank Group President Dr Akinwumi A. Adesina has announced a financial package of $30 million dollars to the West African nation of Guinea -Bissau.
IHS Towers appoints Sandile Msimango as Vice President and CEO, IHS South Africa
IHS Holding (IHS Towers), operators and developers of shared telecommunications infrastructure in the world by tower count, announced the appointment of Sandile Msimango as Vice President and CEO, IHS South Africa.
AATB Program inks 2022-2023 Country Program with Tunisia to deepen cooperation framework
The Arab Africa Trade Bridges (AATB) Program and Republic of Tunisia signed the 2022-2023 Country Program with the aim of developing a cooperation framework.
Eutelsat partners with Intersat to enhance internet connectivity in The Gambia, Guinea Bissau and Senegal
Eutelsat Communications and Intersat signed a multi-year deal representing several hundred Mbps to address the connectivity needs of enterprises, institutions and individuals in Gambia, Guinea Bissau and Senegal.
African Development Bank debars CP Power East Africa for 48 months for fraudulent practices
The African Development Bank Group announced a 48-month debarment of CP Power East Africa and its Managing Director Dawit Wondwossen, for fraudulent practices.
CDC exceeds its 2020 commitment to invest £2 billion in Africa
CDC Group, the UK’s development finance institution announced it had exceeded its 2020 commitment to invest £2 billion in Africa over the last two years.
Africa50 and Power Grid Corporation of India partner to pioneer Africa's first transmission PPP project in Kenya
Africa50, the pan-African infrastructure investment platform and Power Grid Corporation of India Limited (POWERGRID) signed a Joint Development Agreement to continue to develop the Kenya Transmission Project on a public-private partnership basis.
AFC raises $400 million in syndicated loan for critical infrastructure in Africa
Africa Finance Corporation, Africa’s infrastructure solutions provider, has raised $400 million in a new syndicated loan to support the post-pandemic recovery through critical development of infrastructure.
Kenya's Poa Internet announces first close of $28m financing round by Africa50
Poa Internet and Africa50 announced the completion of Africa50’s equity investment into Poa. This funding is part of the $28 million financing round led by Africa50, which will be used to support the company’s future growth plans across Kenya.
Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa
Canadian fintech startup and credit assessment company Periculum, has launched in Nigeria to tackle the challenge of domestic credit to the underserved markets.
Senegal inaugurates regional express train linking Dakar to Diamniadio
Senegal has officially launched the commercial operation of the Regional Express Train which will link Dakar, the country's capital, to Diamniadio, the new town currently under development.
IsDB approves $1.6 billion funding for projects in Africa, Asia and Europe
In a significant increase in its financing operations, Jeddah-based AAA rated Islamic Development Bank (IsDB), approved $1.6 billion to finance 24 new development projects in 19 member countries located in Asia, Africa and Europe.
Africa50 unveils Kigali Innovation City urban masterplan in Rwanda
Africa50, the pan-African investment platform, Rwanda Development Board (RDB) and the Ministry of ICT and Innovation of Rwanda unveiled the urban masterplan for the development of the Kigali Innovation City (KIC) project.
Cassava Technologies and ITC Secure announce joint venture to expand Microsoft cloud security expertise in Africa
ITC Secure and a Microsoft Gold cyber security partner, and Cassava Technologies, announced that they have entered into a Joint Venture to build and launch an extensive portfolio of cyber security services, powered by Microsoft Azure cloud technologies in Africa.
Zipline to expand to Ivory Coast
Ministry of Health, Public Hygiene, and Universal Health Coverage Partners with Zipline to distribute countrywide, medical supplies by autonomous aircraft using world’s largest automated on demand delivery system.
USTDA partners with Africa Investment Forum to support infrastructure solutions for sub-Saharan Africa
The U.S. Trade and Development Agency (USTDA) launched a Memorandum of Understanding with the African Development Bank’s Africa Investment Forum (AIF) to support high-quality infrastructure solutions for sub-Saharan Africa.
AfDB Board approves $217 million to finance Horn of Africa road project
The Board of Directors of the African Development Bank Group has approved $217 million in loans to fund a project that will improve road transport services in Kenya's northeastern region.
[RDC] L'AfDB accorde 99 millions de dollars pour l’aménagement de la route Bukavu-Goma
Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé l’octroi de 99,39 millions de dollars américains à la République démocratique du Congo pour la réalisation du Projet d’aménagement de la route Bukavu-Goma.
[Sénégal] L'AfDB accorde plus de 108 millions d’euros au Programme d’appui à l’accélération industrielle
Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé l’octroi d’un prêt de 108,36 millions d’euros au Sénégal pour contribuer au financement du Programme d’appui à l’accélération industrielle.
[Tanzania] Tech Mahindra partners with TANESCO to drive digital transformation, improve efficiency
Tech Mahindra, a provider of digital transformation, consulting and business re-engineering services & solutions, has partnered with TANESCO to enable digital transformation to support future ready applications.
Zipline, Pfizer, and Biontech deliver vaccines in Ghana
Zipline, Pfizer and Biontech collaboration paves the way for automated, on-demand delivery of first mRNA covid-19 vaccines in Ghana.
Alstom and Egyptian National Railways Authority ink deal to to modernise the Tanta – Zifta – Zagazig mainline
In addition, the contract includes the testing and commissioning of signalling, telecom and power systems, civil works, trenching works and track-works including doubling of the track.
NBK-Egypt invests EGP 850 million in Madkour for Projects Company
National Bank of Kuwait - Egypt (NBK-Egypt) has provided a finance of EGP 850 million to Madkour for Projects Company, one of the national companies in the field of energy and infrastructure projects, for the purpose of carrying out the works assigned to the company by the Ministry of Housing.
African telecommunications group Econet launches Cassava Technologies
African telecommunications group Econet, announced the launch of Cassava Technologies, bringing together Econet’s digital services and digital infrastructure product segments.
Orange, la Banque des Territoires, CNP Assurances et EDF Invest lancement d’Orange Concessions
Orange Concessions, la nouvelle société détenue à 50 % par Orange et à 50 % par un consortium regroupant La Banque des Territoires (Caisse des Dépôts), CNP Assurances et EDF Invest, est désormais opérationnelle.
USTDA advances internet access in Nigeria
The U.S. Trade and Development Agency (USTDA) announced grant funding for a feasibility study to help Nigerian company Ekovolt Telco expand internet access for underserved communities in the Niger Delta region.
AfDB approves $57.67 million loan to Eskom to boost electricity generation from renewable sources
The Board of Directors of the African Development Bank has approved a $57.67 million loan to Eskom Holdings SOC Ltd that will increase electricity generation from reliable and efficient renewable energy sources.
Stimuler la production industrielle du Nigeria pour accélérer sa croissance économique et son développement
Le président du Groupe de la Banque africaine de développement, a appelé le Nigeria à stimuler sa production industrielle pour accélérer sa croissance économique et son développement.
Oracle et Orange annoncent le lancement d'un projet commun en Afrique de l'Ouest
Oracle et Orange annoncent aujourd'hui la signature d'un accord de collaboration s'inscrivant dans un projet commun visant à accélérer la transformation digitale basée sur le cloud en Afrique de l'Ouest.
Oracle partners with Orange to strengthen digital infrastructure in West Africa
Oracle and Orange signed a collaboration agreement as part of a joint plan to accelerate cloud-led digital transformation in West Africa.
OPEC Fund partners with Asian Infrastructure Investment Bank to provide infrastructure funding in Egypt
The financing package includes a $150 million loan from AIIB and a $50 million loan from the OPEC Fund, and will help bridge the infrastructure funding gap in Egypt, leveraging NBE’s broad network in the country.
BioNTech plans to initiate the construction of an mRNA Vaccine manufacturing facility in Africa
BioNTech SE announced that the Company plans to initiate the construction of the first state-of-the-art manufacturing site for mRNA-based vaccines in the African Union in mid-2022.
[Column] Phyllis Wakiaga: Fix Kenya's road construction challenges
When it comes to a country’s socio-economic development, an efficient transport system is indispensable. For instance, roads enable citizens to access critical services such as health and education, as well as ensure that they are able to access their businesses.