Finance

Chinese investment in Africa to boost power sector

Image source Africa Oil Power Conference

South Africa-China Economic and Trade Association (SACETA) has entered into a partnership with Africa Oil & Power (AOP), Africa’s one of the leading energy event organiser, to introduce Chinese corporations in Africa

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Cloud-computing to reduce banking costs in Africa

Cloud computing ATR and CAFMore than 700mn Africans lack access to a bank or mobile money account and only 41 per cent of Africans are financially included, according to the report Cloud Banking in Africa: The Regulatory Opportunity by Genesis Analytics and Orange Business Services

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AfDB places Zhongmei Engineering Group on conditional non-debarment

AfDB ZEG fraudThe African Development Bank (AfDB) has announced a 12-month conditional non-debarment of Zhongmei Engineering Group Limited, an engineering company registered in Uganda

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Africa mobilising to minimise losses as COVID-19 continues

Africa UN covid crisisThe UN secretary-general António Guterres has pledged that the international organisation is standing in solidarity with Africa as it braces against the unprecedented economic, social and health impacts of the COVID-19 pandemic

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AfDB's ‘Fight COVID-19’ social bond listed on London Stock Exchange

15046016874 038dcc94f1 oThe African Development Bank’s (AfDB) ‘Fight COVID-19’ social bond was listed on London Stock Exchange on 3 April 2020

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