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Development partners
Egypt-Saudi Investment Fund could finally see the light
The Egyptian and Saudi governments have drafted a final agreement to launch long awaited Saudi-Egypt investment fund, according to a cabinet statement after a meeting between Prime Minister Moustafa…
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World Bank backs Morocco’s social reforms with $400 million
The World Bank has approved a $400 million loan in support of Morocco’s social protection reforms and strengthening the resilience of households to the pandemic repercussions.
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EU, African Union sign partnership to scale up preparedness for health emergencies
European Centre for Disease Prevention and Control (ECDC) and the Africa Centres for Disease Control and Prevention (Africa CDC) launched a new partnership initiative to strengthen the capacity of…
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Abu Dhabi Wealth Fund targets Africa, Renewables to increase returns
Abu Dhabi’s top sovereign wealth fund is looking to Africa and renewable energy to generate greater returns, while relying more on artificial intelligence to mine data and spot new investment…
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African Development Bank’s investments are transforming the continent
Investments by the African Development Bank are paving the way to unlock Africa’s economic potential, according to the 2020 Annual Development Effectiveness Review.
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‘Silencing the Guns’ initiative important for economic, social development in Africa, Egypt PM
Egypt’s Prime Minister Mostafa Madbouly has emphasised the importance of the African Union’s (AU) “Silencing the Guns” initiative to end conflict and achieve the Agenda 2063 for sustainable…
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Egypt-Sudan railway may be financed through Kuwait Fund
The Kuwait Fund for Arab Economic Development may fund the 900-km railway linking Egypt and Sudan, according to local reports, citing an unnamed government official.
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African SMMEs need help from financial institutions to recover
The role of financial institutions in contributing to the regeneration of the small, medium and micro enterprises (SMMEs) sector will be of particular importance as the African continent is now in the…
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