Algeria to produce 40-50mln tonnes of iron in 2026
Algeria is pursuing plans to produce 40-50 million tonnes of iron ore per year from a giant mine in the ...
Country: Africa
IFC invests $5.6bn to support private sector in Middle East and Africa
The International Finance Corporation, a member of the World Bank Group, invested $5.6 billion (Dh20.56bn) to support the private sector ...
Rwanda: Multi-million projects to be launched during Kwibohora Celebrations in Nyagatare
Multimillion infrastructure projects that include Gishuro IDP Model Village, a Rwf 4 billion Gatunda Hospital, and the 3,500 seater Nyagatare ...
$131.4 million invested into 100MW Assela Wind project, Ethiopia
$131.4 million has been granted by Denmark’s largest bank, the Danske Bank, to further fund the Assela wind project in ...
Rwanda registers 3.6% GDP growth in Q1 of 2020
Rwanda recorded a 3.6% GDP growth in the first quarter of 2020, according to the National Institute of Statistics (RNIS). ...
Covid-19 reinforces the importance of the agriculture sector
The agricultural sector could emerge from the Covid-19 pandemic in a strong position, if certain challenges can be overcome, both ...
COVID 19 Update: AfDB unveils roadmap to resilient and sustainable food systems
The African Development Bank has unveiled a strategic roadmap of projects and programs to assist African countries in tackling the ...
Rwanda embarks on upgrade works to Kigali International Airport
Upgrade works to Kigali International Airport by Rwanda Airports Company (RAC) has begun. The works cover major areas of the ...
Rwanda parliament approves €91.4mn electrification funding
Rwanda Parliament yesterday approved an International Development Association (IDA) credit worth €91,4million to finance Rwanda’s energy sector supplemental development policy ...
Ethiopia: Tulu Moye geothermal project receives $10 million loan from CTF
The Clean Technology Fund (CTF) Management Committee has approved a $10 million concessional loan to Tulu Moye Geothermal Operations (TMGO), ...
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