The U.S. Government, through the U.S. Agency for International Development (USAID), and the Ministry of International Cooperation announced seven bilateral assistance agreement amendments on November 1 worth $125 million. This investment demonstrates continued support from the American people for...

The Board of Directors of the African Development Bank has approved a $57.67 million loan to Eskom Holdings SOC Ltd, South Africa’s public electricity utility—and Africa’s largest— to harness battery storage technology that will increase electricity generation from reliable...

African Development Bank Group President, Dr. Akinwumi A. Adesina, said on Friday that the Bank will integrate the African Continental Free Trade Area (AfCFTA) into its country and regional integration strategies. Receiving AfCTA Secretary-General Wamkele Mene, in Abidjan on...

Keith Hansen, World Bank Country Director for KenyaThe World Bank Board of Directors today approved a US$150 million International Development Association (IDA*) credit to support community identified and locally-led climate resilience projects in all rural wards in Kenya. These...

As we approach the end of 2021 and COP26, the African oil and gas industry is in a precarious position.  As if the economic devastation of the pandemic weren’t enough, we’re also faced with increasing pressure to reduce our...