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World Bank unit adopts portfolio approach after $100 billion reached

The Multilateral Investment Guarantee Agency (MIGA), a part of the World Bank Group, has reached a significant milestone, exceeding $100…

3 days ago

European Investment Bank to Invest €3.1 Billion in Africa

The European Investment Bank (EIB) committed substantial funding to various projects across Africa in 2025, focusing on key economies and…

1 month ago

Kazakhstan Issues $2.25 Billion in Eurobonds

The American Bankers Association (ABA) has updated its cybersecurity guidance for banks, emphasizing the importance of proactive measures and resilience…

2 months ago

South Africa, African Export-Import Bank Announce USD8 Billion Program

South Africa has formally joined the African Export-Import Bank (Afreximbank), marking a significant milestone for both institutions. This accession makes…

2 months ago

Kenya Earns Sh19.8 Million in Transfers Amid FIFA’s Sh245 Billion Spending

Kenya’s football clubs were active during the January 2026 transfer window, with players moving both to and from the country.…

2 months ago

CAF Accounts Report Record 6.1 Billion Views

The 2025 Africa Cup of Nations, hosted in Morocco, set new digital viewership records for the Confederation of African Football…

2 months ago

Mitsubishi Acquires Haynesville Assets for $7.5 Billion

Mitsubishi Corp. announced Friday it will acquire a significant portion of Aethon Energy Management LLC’s U.S. natural gas assets. The…

3 months ago

Kenya Power Ordered to Proceed with Sh6 Billion Meter Tender

The High Court of Kenya has ordered Kenya Power to proceed with a Sh6 billion smart meters contract awarded to…

3 months ago

Circular Economy Seen as $546 Billion Opportunity in Africa

The African Development Bank (AfDB) emphasized the potential of circularity to strengthen global value chains and accelerate clean energy and…

3 months ago