Updates

AfDB and Rwanda sign a USD 93 million financing agreement to rehabilitate a road project

July 19, 2016/AfDB The African Development Bank (AfDB) and the Government of Rwanda signed a new African Development Fund loan financing agreement and an European Union (EU)  –Africa Infrastructure Trust Fund grant agreement for the amounts of  US$ 93.1 million and USD $ 22.4 million respectively to finance the rehabilitation […]

Orange completes acquisition of mobile operator Airtel in Sierra Leone

July 19, 2016/Orange Orange said on Tuesday together with its Senegal-based partner Sonatel, it has completed the acquisition of 100% of the mobile operator Airtel in Sierra Leone. Since the signature of an agreement with Bharti Airtel International (Netherlands) BV (“Airtel”) in January 2016, Orange has obtained all the official […]

AfDB funds a platform to support women empowerment in 36 African countries

July 19, 2016/AfDB On 15th of July 2016, the African Development Bank (AfDB) approved USD 12.4 million grant for a project called “50 million Women Speak” to create a networking platform dedicated to sub-Saharan women entrepreneurs. The grant will be spread between the Common Market for Eastern and Southern Africa […]