World News

AfDB Pledges More Support for Angola’s Rapidly Reforming Economy

African Development Bank will support Angola’s request for a two-year budget support operation of about $160 million for 2024, with a second tranche scheduled for 2025 September 27, 2024/AfDB In recent talks between Angola’s President João Manuel Lourenço and African Development Bank Group, head Dr Akinwumi Adesina, the two leaders […]

Wärtsilä Engines to Ensure Production Reliability for Senegal Gold Mine

September 27, 2024/Alesia Communications Technology group Wärtsilä will supply the engines and auxiliary equipment for a power plant being installed at the Boto gold mine in Senegal. The order, which was booked by Wärtsilä in Q1 2024, has been placed by Africa Power Services (APS), the France based main contractor […]

Moody’s Affirms AFC A3 Rating with a Change from Negative to Stable Outlook

The decision by Moody’s is crucial for AFC to continue leveraging its top-tier credit ratings to achieve among the lowest borrowing costs of any institution in Africa September 26, 2024/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced that it has received an uplift to its […]