Updates

Afreximbank, Uganda Development Bank Sign Project Preparation Financing Agreement

The implementation of the agreement is expected to help accelerate economic growth in Uganda through increased private sector investments in the targeted sectors August 12, 2024/Afreximbank African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory […]

Algeria: AfDB Forecasts GDP of 4% in 2024, 3.7% in 2025 in Its Country Report 2024

According to the report, Algeria’s economic growth is supported by the oil and gas, industrial, construction and services sectors August 12, 2024/AfDB Algeria’s economic recovery is strengthening and its gross domestic product (GDP), which increased by 3.6 percent in 2022 and 4.2 percent in 2023, is set to be 4.0 […]

Woodside Energy CEO Meg O’Neill Announced as ‘Energy Person of the Year

Meg O’Neill, CEO and Managing Director of Woodside Energy. Image Credit: AEC August 12, 2024/AEC The African Energy Chamber (AEC) – as the voice of Africa’s energy sector – is honored to announce Meg O’Neill, CEO and Managing Director of Woodside Energy, as “Energy Person of the Year”. This prestigious […]