African Review weekly digest - 1st - 5th January

Komencanto commons for ATR 307(Image source: Komencanto/commons)Here is a brief overview of the week’s news on African Review, from 1st - 5th January 2018

AfDB achieves 100 per cent investment in green energy projects in 2017

The African Development Bank (AfDB) has achieved a 100 per cent investment in renewable energy in 2017, a major achievement in its commitment to clean energy and efficiency. Click here to read the full story.

ICD and Afreximbank sign US$100mn line of financing agreement

The Islamic Corporation for the Development of the Private sector (ICD) and the African Export-Import Bank (Afreximbank) have signed a line of agreement for a US$100mn financing facility. Click here to read the full story.

ITFC finances US$100mn to boost energy sector in Maldives

The International Islamic Trade Finance Corporation (ITFC) has signed a syndicated murabaha financing agreement for US$100mn with the State Trading Organisation (STO), a government owned company in the Republic of Maldives. Click here to read the full story.

Clinigen to supply Halaven, Fycompa and Lenvima into 10 African countries

Clinigen Group plc, the global pharmaceutical and services company, has partnered with Eisai Europe Ltd to obtain the marketing authorisation and subsequently launch Halaven (eribulin), Fycompa (perampanel) and Lenvima (lenvatinib) into 10 African countries. Click here to read the full story.

BWSC to supply gas-fired power plant in Benin

The Danish power plant specialist Burmeister & Wain Scandinavian Contractor (BWSC), in consortium with MAN Diesel and Turbo (MDT), has been awarded US$150.26mn contract to build a 120MW gas-fired power plant in Benin. Click here to read the full story.

Engie acquires SPIE Group’s operation in Morocco

Engie has signed an agreement with the SPIE Group to acquire SPIE Morocco’s operations. Click here to read the full story.

AfDB approves third sovereign lending instrument

The board of directors of the African Development Bank Group (AfDB) have approved the Bank’s third sovereign lending instrument called the Results-Based Financing (RBF) Policy. Click here to read the full story.

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