Month: December 2024

 The African Development Bank Group (www.AfDB.org) and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed an agreement for a $150 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility. The agreement was concluded on the sidelines of the African Investment Forum in Rabat, Morocco. The RPA aims at bolstering intra-Africa trade, promoting regional integration, and contributing to the reduction of the trade finance gap in […]

 Nestled between Tunis' renowned City of Culture and the Convention Palace, the opening of Radisson Blu Hotel&Convention Center, Tunis (https://apo-opa.co/4f5mr0l), establishes a new benchmark for hospitality in the capital, as it marks the official debut of the Radisson Blu brand in the city. Ideally positioned on Avenue Mohammed V, the hotel offers stunning views of the city and Lake Tunis as well as offering effortless access to top attractions and […]

 Norwegian multinational energy firm Equinor has commended Angola’s recent Incremental Production Decree as a landmark reform that enhances the country’s ability to attract oil and gas investments, while boosting production and driving economic growth. The African Energy Chamber (AEC) (https://EnergyChamber.org/), as the voice of the African energy sector, proudly endorses Equinor’s statement recognizing Angola’s well-structured oil and gas reforms as a powerful model for attracting investment and boosting hydrocarbon development […]

 Launched by the African Export-Import Bank (Afreximbank) in partnership with the African Petroleum Producers’ Organization (APPO), the Africa Energy Bank – set to commence operations by March 2025 – represents a bold step towards empowering African nations to take control of their energy future. The African Energy Chamber (AEC) (https://EnergyChamber.org/), as the voice of Africa’s energy sector, proudly endorses the AEB, a landmark institution designed to revolutionize energy financing across […]

 Africa’s urban population will triple in the next 25 years and African countries will need to invest up to 5.5 percent of their gross domestic product (GDP) in urban development if they are to avoid rapid growth of shanty towns. This was the conclusion shared by experts at a round-table discussion, “Mobilising finance for urban development and planning” which took place at the Africa Investment Forum, held from 4-6 December […]

 SACE, the Italian insurance-financial group specializing in supporting businesses and the national economic system under the Ministry of Economy and Finance, and the African Development Bank Group (www.AfDB.org), today signed a collaboration agreement to provide credit protection to foster investment in Africa, under the “Mattei Plan”. The signing took place during the African Investment Forum 2024 Market Days currently underway in Rabat, Morocco. The collaboration agreement, signed by Michal Ron, […]