Category: Investments

Mozambique’s state oil and fuel company Empresa Nacional de Hidrocarbonetos (ENH), tabled a $24.6 billion transformative project for Mozambique’s economy, the largest deal to feature at the 2019 Africa Investment Forum. The project includes the development of the Golfinho and Atum fields and the nation’s first onshore liquefied natural gas plant. Mozambique’s Prime Minister Agostinho do Rosário made the announcement… Read More

The European Investment Bank (EIB) has announced a $1.1 billion lending programme to help women entrepreneurs on the continent. EIB Vice President, Ambroise Fayolle, also revealed that the bank has signed three further agreements to boost sustainable development on the continent. But the major deal is what the EIB has dubbed SheInvest. The EIB expects the gender-lending initiative to allow… Read More

The African Development Bank has thrown its weight behind a concession agreement for the construction of a high-speed railway in Accra, Ghana’s capital. The signing took place on the opening day of the second Africa Investment Forum, running from Monday to Wednesday in Johannesburg. “It’s a great day for Ghana!” said Ghanaian President Nana Akufo-Addo. “I was here last year… Read More

This week, business leaders, project developers, development finance professionals, institutional investors representing pension and sovereign wealth funds, as well as policymakers meet in Johannesburg for the second Africa Investment Forum convened by the African Development Bank. The Forum is an innovative marketplace – dedicated to moving development ideas and projects to bankability, to mobilizing capital, and to accelerating the financial closure… Read More

Agreement is a turning point for scaling up the cocoa value chain – President Nana Addo Dankwa Akufo-Addo of Ghana Ghana is bankable, cocoa is bankable and of course Africa is bankable – Dr. Akinwumi A. Adesina, President, African Development Bank The African Development Bank, Credit Suisse AG, the Industrial and Commercial Bank of China Limited and Ghana Cocoa Board (COCOBOD) signed… Read More

A conversation “shift” is occurring in workplaces resulting in more people, especially women, speaking up and reporting sexual harassment, attendees of a special panel session on the topic organized by the African Development Bank, heard. The panel discussion entitled: Ensuring the Right of Everyone to a Harassment free Work Place: Lessons from the Front Lines, was held November 6 2019,… Read More

$500 million equity closed for the Africa Infrastructure Investment Fund to speed up investments in agriculture Financial close for the Africa Guarantee Fund $175 Equity transaction to support Small and Medium Size Enterprises, and $350 million for South Africa’s beef agro-processing project The 2019 Africa Investment Forum opened on Monday living up to its promise to move from commitment to… Read More

For the first time, on average, Africans can travel to approximately 27 countries visa-free or with a visa on arrival Ethiopia moves up a record 32 places on the Index, entering the top 20 most visa-open countries in Africa For the first time, African travellers have liberal access to over half the continent, the 2019 Africa Visa Openness Index published… Read More

The Africa Investment Forum will be short on talk and heavy on deals, the South African Government, the African Development Bank and key partners affirmed at a press conference ahead of the 2019 edition of the event. Organized by the African Development Bank and its partners, the second edition of the Forum, will take place from place from 11 to13 November… Read More

Increased private sector engagement is critical to move the needle on Africa’s infrastructure financing: Pierre Guislain, Vice-President for Private Sector, Infrastructure and Industrialisation, African Development Bank | African Development Bank – Building today, a better Africa tomorrow Read More