African Development Bank (AfDB) Approves New Program to Help African Countries Turn Energy Promises into Power for Millions
The Board of Directors of the African Development Bank (AfDB) (www.AfDB.org) has approved a new USD 3.9 million, two-year technical assistance project to support African countries in the implementation of their National Energy Compacts into action under Mission 300, the AfDB–World Bank initiative to connect 300 million Africans to electricity by 2030. Energy Compacts are national plans in
Tripoli Prepares to Host Libya’s Premier Energy & Economic Summit This Week
Under the theme Infrastructure & Investment Driving Energy Growth, the fourth edition of the Libya Energy & Economic Summit (LEES) returns to Tripoli this week on January 24-26. As the country’s flagship investment forum, LEES 2026 arrives at a critical juncture in Libya’s economic recovery, providing a dedicated platform to unlock the capital and technical expertise
Network International partners with Saudi Sudanese Bank to accelerate digital transformation in Sudan’s banking sector
Network International (Network) (https://www.Network.ae), a leading fintech company in the Middle East and Africa, has signed a strategic processing agreement with Saudi Sudanese Bank, one of Sudan’s prominent financial institutions. The partnership marks an important milestone in Network International’s expansion in the country, reinforcing its commitment to driving modern, secure, and inclusive payment infrastructure across
IMF approves $261 million disbursement to Ethiopia under credit facility
The International Monetary Fund’s Executive Board has completed the fourth review of Ethiopia’s 48-month Extended Credit Facility (ECF), clearing the way for an immediate disbursement of about US$261 million to help meet the country’s balance-of-payments and fiscal financing needs. The latest tranche brings total disbursements under the program to US$2.18 billion since its approval in July 2024, when the
