Nickel: US Development Finance Corporation Ready to Support …
WEB9 hours ago · By 2035, 90% of the world's nickel supply will be unprotected by existing US free trade agreements, according to S&P Global. This scenario is prompting Washington to diversify its sources for nickel, an essential mineral for energy transition. The U.S. Development Finance Corporation (DFC) is ready to lend Tanzania cash...
Homepage - Ecofin Agency
WEBFounded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training. L’agence Ecofin est une agence d ...
Helios Invests $102mln to Boost M2P Fintech’s Expansion in Africa
WEB6 hours ago · Helios Investment Partners, a UK-based private equity firm focused on Africa, has invested $102 million in M2P Fintech to support its expansion strategy on the continent. The information was revealed in a statement issued Tuesday by the India-based startup. The funds will help strengthen M2P’s leadership in the Indian market and expand its ...
Coalition Seeks $90bn to Power 300 Million Africans by 2030
WEB3 days ago · Saturday, 21 September 2024 07:03. (Ecofin Agency) - An international coalition led by the World Bank and the African Development Bank (AfDB) aims to raise $90 billion to provide electricity to 300 million Africans by 2030. The program focuses on clean energy solutions. The Rockefeller Foundation, Global Alliance for People and Planet, and ...
Airtel Africa Receives $200mln Boost from IFC - Ecofin Agency
WEB4 days ago · Thursday, 19 September 2024 20:44. (Ecofin Agency) - Airtel Africa began discussions with the IFC in April 2024. The company had previously received $194 million from the financial institution in December 2022 for six of its 14 subsidiaries in Sub-Saharan Africa. Airtel Africa has secured a new loan of $200 million from the International ...
Africa Lost 18% of Mountain Tropical Forests Between 2003 and …
WEB5 days ago · A report published in August in Nature by a team of African and European researchers reveals that Africa lost 7.4 million hectares of mountain tropical forests between 2003 and 2022. This loss amounts to 18% of the total area of these vital ecosystems, which are crucial for carbon storage and biodiversity.
Economic information from Africa - Ecofin Agency
WEBTunisia: Cinema as a tool for fight against corruption. L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
African Green Bank Initiative: Four New Banks to Address Climate ...
WEBThursday, 30 November 2023 13:33. (AfDB) - In a year since it was launched at COP 27, the African Green Bank Initiative has kickstarted four green banks and helped the capitalisation of Rwanda’s green investment facility as part of its mission to help Africa overcome its climate finance barriers. The African Development Bank (AfDB), through ...
COP28: $175M Pledged for African Green Infrastructure
WEBDec 3, 2023 · In a powerful signal of support during COP28, African and global institutions together with governments of Germany, France and Japan and philanthropies have pledged over $175 million to the Alliance for Green Infrastructure in Africa (AGIA). The landmark initial pledge will help to rapidly scale up financing for transformative climate-aligned...
UN forecasts moderate 3.5% growth for Africa in 2024 amid global ...
WEBJan 12, 2024 · (Ecofin Agency) - The UN predicts a modest growth rate for Africa in 2024, rising to 3.5% from 3.3% in 2023. The organization attributes this subdued growth to the global economic slowdown, tightening monetary and fiscal conditions, and the high risks associated with the debt sustainability of several countries.