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    The African Development Fund (ADF), the concessional financing arm of the African Development Bank (AfDB) Group, has approved a significant USD 43.6 million investment package to support the construction of a critical power infrastructure project in Mozambique. The initiative centers around the development of the Namaacha–Boane transmission line, a key component in the country’s broader strategy to expand access to clean energy and transition toward a low-carbon economy.
    Southern Africa

    Standard Bank and InnoVent SAS Launch Namibia’s Largest Wind Energy Project...

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    (3 Minutes Read) Standard Bank, Africa’s largest financial institution by assets, has partnered with French renewable energy developer InnoVent SAS to finance a milestone wind...
    Ramaphosa’s U.S. Visit Signals Reset in South Africa–U.S. Relations with Focus on Economic Diplomacy

    Ramaphosa’s U.S. Visit Signals Reset in South Africa–U.S. Relations with Focus...

    Nigeria has formally launched a new air corridor under the African Continental Free Trade Area (AfCFTA), connecting its exporters to key markets in Kenya, Uganda, and South Africa through Uganda Airlines. This milestone initiative, announced by the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, on Africa Day, is set to reduce logistics costs for Nigerian businesses by an estimated 50% to 75%.

    Nigeria Launches Strategic AfCFTA Air Corridor to Boost Intra-African Trade

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