G20 Summit: Norway reaffirms support to Africa’s development with NOK 3.1 billion pledge to the African Development Fund’s seventeenth replenishment
PRESS RELEASE ABIDJAN, Ivory Coast, December 2, 2025/ — Norway reaffirmed its long-standing commitment to Africa’s low-income countries with a NOK 3.1 billion pledge to the African Development Fund’s seventeenth replenishment (ADF-17). The announcement, made during the Global Citizen Now: Johannesburg event, held on 21 November, was later reiterated in a bilateral meeting between Norwegian
Actis, Trade Development Bank (TDB) and Performances Group Join MSGBC Oil, Gas & Power 2025
PRESS RELEASE DAKAR, Senegal, December 2, 2025/ — As major energy projects advance across the MSGBC region, nations are gearing up for the next phase of development. The upcoming MSGBC Oil, Gas & Power 2025 conference and exhibition – taking place in Dakar from December 8-10 – will not only showcase emerging opportunities but connect
Africa Finance Corporation Raises Record US$524m in Dual-Currency Samurai Loan Facility
PRESS RELEASE LAGOS, Nigeria, December 2, 2025/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has closed a landmark US$524 million equivalent dual-currency Samurai term loan facility. The transaction marks AFC’s largest Samurai loan to date and reinforces the Corporation’s growing footprint in Japan’s capital markets amid rising investor confidence in
Cameroon: African Development Bank Group approves €25 million trade finance facility to enable Crédit Communautaire d’Afrique-Bank expand support to Small and Medium-Sized Enterprises (SMEs)
PRESS RELEASE ABIDJAN, Ivory Coast, December 2, 2025/ — The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved financing of €25 million to help Cameroon’s Crédit Communautaire d’Afrique-Bank (CCA-Bank) expand its trade finance offerings to small and medium-sized enterprises (SMEs) and other businesses. The facility, approved at a Board session held
Angola Launches New Gas Consortium (NGC) Project, Unlocking New Era of Non-Associated Gas Development
PRESS RELEASE JOHANNESBURG, South Africa, December 2, 2025/ — Angola has officially launched its first dedicated non-associated gas project, the New Gas Consortium (NGC) Gas Treatment Plant in Soyo, marking a major milestone for the country’s energy sector. Commissioned in November 2025, the onshore facility processes around 400 million standard cubic feet of gas per
