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The European Investment Bank (EIB) committed substantial funding to various projects across Africa in 2025, focusing on key economies and smaller states. A significant portion of the investment targeted small and medium-sized enterprises (SMEs) and prioritized sectors like sustainable energy, transport, water, and health. Project Highlights Across Sub-Saharan Africa Flagship projects included blue economy development […]
The American Bankers Association (ABA) has updated its cybersecurity guidance for banks, emphasizing the importance of proactive measures and resilience in the face of evolving threats. The updated guidance reflects the increasing sophistication of cyberattacks and the growing reliance on third-party vendors. Cybersecurity Guidance Updates The ABA’s updated guidance provides detailed recommendations for banks to […]
South Africa has formally joined the African Export-Import Bank (Afreximbank), marking a significant milestone for both institutions. This accession makes South Africa the 54th state to join the Bank’s Establishment Agreement. Afreximbank Country Programme Afreximbank has declared a USD8 billion Country Programme for South Africa. This program is intended to unlock trade opportunities and operate […]
Kenya’s football clubs were active during the January 2026 transfer window, with players moving both to and from the country. FIFA’s January Transfer Snapshot 2026 provides a global overview of transfer activity, including details on spending and player movement. Kenyan Transfer Activity During the January 2026 transfer window, 30 players joined local Kenyan clubs, while […]
The 2025 Africa Cup of Nations, hosted in Morocco, set new digital viewership records for the Confederation of African Football (CAF). The tournament is being recognized as the most-watched event in African football history. Digital Viewership Records The tournament garnered a total of 6.1 billion views across CAF’s social media platforms. Specifically, CAN Morocco 2025 […]
Mitsubishi Corp. announced Friday it will acquire a significant portion of Aethon Energy Management LLC’s U.S. natural gas assets. The transaction, focused on the Haynesville Shale region, is valued at more than $7.5 billion. At A Glance: The acquisition will involve assets intended to supply production to the Cameron LNG export facility. This deal represents […]
The High Court of Kenya has ordered Kenya Power to proceed with a Sh6 billion smart meters contract awarded to a Chinese company, Hexing Technology. The court overturned a decision by the Public Procurement Administrative Review Board (PPRB) that had cancelled the contract. Court Ruling on Contract Cancellation The High Court found that the PPRB […]
The African Development Bank (AfDB) emphasized the potential of circularity to strengthen global value chains and accelerate clean energy and digital transitions during high-level engagements at the United Nations Environment Assembly (UNEA-7). The assembly is viewed as a crucial moment for the planet and Africa, offering a chance to better align science, policy, and finance […]
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