In the face of regional and global shocks, the Bank remains resolute in supporting African countries to better navigate these challenges and put economic growth back on track November 29, 2023/AfDB The African Development Bank has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards […]
Updates
Rural Electrification Agency (REA) deploys over 100 mini-grids for inclusive development in Nigeria in 3 years
Set to take the stage at COP28 in Dubai to share lessons, unlock additional impact finance November 29, 2023/ Rural Electrification Agency Under the leadership of the Federal Ministry of Power, Nigeria, the Rural Electrification Agency (REA) of Nigeria is set to play a key role at the 28th Conference of […]
AFC Invests $60 Million to Boost Angola’s Indigenous Oil & Gas Production
The investment is part of a $190 million debt facility to support Etu Energias in acquiring oil and gas reserves co-owned by France’s TotalEnergies and Japan’s Inpex Corporation November 29, 2023/AFC Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has invested US$60 million in Etu Energias (formerly […]
