Business

ABIDJAN, Ivory Coast, December 12, 2025/ — The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved $76.37 million in additional financing for the Road Infrastructure Programme in Somalia, a key component of the Horn of Africa corridor project linking Somalia, Djibouti and Ethiopia. The new funding package comprises $49.16 million from

CASABLANCA, Morocco, December 12, 2025/ — Orange Money Group (www.Orange.com) and Visa announce a strategic partnership aimed at accelerating online payments and democratizing access to financial services across Africa and the Middle East. Already successfully deployed in Botswana, Madagascar, and Jordan, where the partnership is renewed, the virtual visa card has been recently launched by

DAKAR, Senegal, December 12, 2025/ — Birame Soulèye Diop, Minister of Energy, Petroleum & Mines of Senegal, announced that the next MSGBC Oil, Gas & Power Conference and Exhibition will take place from December 1-3, 2026, in Dakar, Senegal. The announcement was made during a fireside chat at the 2025 edition of the event, with

ABIDJAN, Ivory Coast, December 11, 2025/ — The Board of Directors of the African Development Bank Group (http://AfDB.org) meeting in Abidjan today approved a €102.12 million loan to Benin to implement the first phase of the Agriculture Transformation Programme in the country’s savannah region. The programme aims to sustainably increase national poultry meat production in

PRETORIA, South Africa, December 10, 2025/ — The African Development Bank’s Board of Directors (www.AfDB.org) has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company,  to support a green ammonia project valued at more than $10 billion and with the potential to position Namibia as a pioneer in the