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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

European Investment Bank

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Africa

Tunisia sets date for Presidential election

Tunisia is set to hold presidential elections on Oct. 6, a vote that may prove a litmus test for democracy in the North African country whose populist leader has seized sweeping powers and cracked down on dissent. The state-run TAP news agency reports that President Kais Saied issued an order Tuesday setting the date, with the election commission due to convene later this week to approve a calendar and rules for candidates. […]

todayJuly 3, 2024 10

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Africa

Mozambique: EIB Global and Moza Banco provide €20 million to grow women-led businesses

          The EIB Global and Moza Banco initiative, as part of the EU’s Global Gateway strategy, will offer financing for small and medium-sized businesses in Mozambique, with a focus on businesses owned or run by women. Women are less likely to be able to access appropriate finance for their business, and the EIB-Moza Banco facility will address that financing gap. The project will support economic growth, […]

todayDecember 21, 2023 36

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Africa

Africa gets shot in the arm as African Pharmaceutical Technology Foundation gets underway

                  Africa’s efforts to build a resilient and self-reliant pharmaceutical industry for the continent advanced significantly today as the African Pharmaceutical Technology Foundation and the Rwandan Government signed the host country agreement paving the way for the Foundation’s operationalisation. The Foundation also signed a memorandum of understanding with the European Investment Bank to further strengthen cooperation. The African Development Bank Group's Board […]

todayDecember 19, 2023 12

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Africa

European Investment Bank partners with Central Bank of Kenya to unlock climate finance

                            New partnership to enhance climate action by Kenyan financial institutions. Climate best practice scheme to enhance climate risk understanding and impact of climate finance across Kenya. The European Investment Bank and the Central Bank of Kenya today launched a new climate finance best practice initiative to strengthen engagement by Kenyan financial institutions to finance climate related […]

todayDecember 12, 2023 6

green bonds
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Africa

African nations are increasingly favouring green bonds over emissions trading to power their transition to green energy.

By Conrad Onyango, bird story agency African countries are now favouring raising funds for projects that have positive climate and sustainability outcomes over emissions trading as green bond issuances soar across the continent. While legislative plans to regulate the sale of carbon credits are proliferating the continent, this race has been beset by controversies, with critics claiming it allows companies to continue polluting without reducing their emissions. Green bonds are becoming […]

todayNovember 15, 2023 6

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