Africa Investments 

East Africa Heads of State officially launch the Arusha Bypass Road

On 22 July 2022, Heads of State of the East Africa Community (EAC) launched the Arusha Bypass Road, during the EAC Heads of State summit, which took place in Arusha, Tanzania. The 42.4 km bypass seeks to decongest traffic in the towns of Arusha and Moshi and to promote intra-regional trade. It is a component of the multinational Arusha-Holili/Taveta-Voi Road… Read More
Africa 

Senegalese pirogue regatta continues centuries-old tradition

Koutaye Niang has been racing in the Saint-Louis regatta for 20 years, but this year’s competition, held Saturday in Senegal’s historic second city, was the “best day” of his life. Niang – who, like all his teammates, is a fisherman from the coastal city’s Guet N’dar quarter — was the captain of one of three winning pirogues that ended a… Read More
Africa Investments 

African Development Bank, African Organisation of English-speaking Supreme Audit Institutions, launch $8 million project to promote transparency and…

The African Development Bank and the African Organisation of English-speaking Supreme Audit Institutions (AFROSAI-E) have officially launched a three-year support project to improve regional collaboration and coordination between public sector accountancy institutions in Africa, aimed at increasing professionalism and efficiency in the sector. The launch of the African Financial Integrity and Accountability Support Project (AFIAP) took place in Waterkloof Pretoria… Read More
Africa Investments 

African Development Bank and African Guarantee Fund sign $110 million agreement with Tanzania’s CRDB Bank to boost access to finance by women’s SMEs

The African Development Bank today signed a $60 million financial package comprising $50 million subordinated debt to support CRDB Bank’s regional expansion efforts and a senior loan of $10 million to accelerate access to finance for small businesses managed and owned by women in Tanzania. The facility is coupled with a $175,000 technical assistance grant from the African Development Bank’s… Read More
Africa 

Does the oil block auction in DR Congo puncture Africa’s climate goals?

Sections of a renowned peatland tropical forest in the Congo Basin that plays a crucial role in Africa’s climate system go up for oil and gas auction in Kinshasa in the Democratic Republic of the Congo on Thursday. The DRC government will auction 30 oil and gas blocks in the Cuvette-Centrale Peatlands in the Congo Basin forest — the world’s… Read More
Africa 

More deadly clashes at DRCongo UN mission protest

Protesters took to the streets for a third consecutive day after at least 15 people were killed and dozens of others injured during the previous two days of demonstrations in Congo’s east against the United Nations mission in the country. The UN said Tuesday one peacekeeper from Morocco and two international policemen from India serving with the UN peacekeeping force… Read More
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