New alliance aims to enable digital access for 100 million individuals and businesses in Africa over next decade May 24, 2024/Mastercard Mastercard and the African Development Bank Group today launched the Mobilizing Access to the Digital Economy (MADE) Alliance: Africa to extend digital access to critical services to 100 million […]
Updates
The EAIF & IFC-Backed FCTC Sonatel Asset Backed Security Lists on West African Regional Stock Exchange, Boosting Digital Transformation
The listing helps finance Sonatel’s expansion of digital services in the West African region The landmark transaction transforms the digital economy through the creation of online businesses and strengthens local capital markets EAIF committed XOF 23.5 billion (c. $39 million) and IFC committed XOF 25 billion (c. $41 million) to […]
AfDB Invests $1.44 Billion to Support Infrastructure Development in Nigeria
The energy sector alone will require $759 billion, while the transport sector needs $575 billion May 23, 2024/AfDB The African Development Bank has invested $1.44 billion to support the development of energy and power, transport, water, and sanitation infrastructure in Nigeria. The Bank’s Nigeria Country Department, Director General Lamin Barrow […]
