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Business

African-Private-Sector-Partnership

African Development Bank Group’s Office of Integrity and Anti-Corruption partners with Special Investigations Unit of South Africa to combat financial crime and strengthen anti-corruption efforts in Africa

African private sector leaders met with African Development Bank President Sidi Ould Tah in Abidjan to forge a strategic partnership, aiming to bridge Africa’s $400 billion funding gap through innovative financing and private sector collaboration, as discussed at the CGECI Academy 2025.

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Mauritania-Renewable-Energy-Investment

Mauritania signs $300 million Independent Power Producer (IPP) Deal for Hybrid Solar-wind Plant under Desert to Power Initiative

Mauritania’s first independent power producer contract with Iwa Green Energy for a $300M, 60MW hybrid solar-wind plant advances its renewable energy goals under the Desert to Power initiative, targeting 70% renewable generation by 2030.

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African-energy-dialogue

Sierra Leone Joins International Energy Forum at African Energy Week (AEW) 2025

Sierra Leone became an IEF member at AEW 2025, signing an agreement to strengthen its voice in global energy discussions, support its oil and gas sector, and advance fuel security through upcoming drilling and licensing initiatives.

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Africa’s-economic-sovereignty

Africa must Seize Global Trade Disruption as ‘Historic Opportunity,’ Leaders tell Private Sector

At the 13th CGECI Academy in Abidjan, Ivorian PM Robert Mambé and AfDB President Sidi Ould Tah called for Africa’s private sector to lead economic sovereignty by capitalizing on global trade disruptions, fostering regional value chains, and supporting youth entrepreneurship.

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Intra-African-trade

Afreximbank allocates US$100 million Afreximbank Trade Facilitation Programme (AFTRAF) line of credit to NBS Bank Plc Malawi

Afreximbank and NBS Bank Plc Malawi signed a US$100 million AFTRAF facility at IATF2025 to enhance trade finance, supporting Malawi’s imports of essential commodities like fuel, fertilizers, and pharmaceuticals, fostering intra-African trade and economic growth.

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