African Energy Chamber (AEC) Calls for Greater Global South Cooperation at Third Global South Think Tanks Dialogue
SHANGHAI, China, December 9, 2025/ — Stronger cooperation among Global South nations is becoming increasingly urgent as countries seek new pathways to accelerate development, expand trade and strengthen long-term economic resilience. For Africa, strengthened ties among Global South nations is particularly valuable, offering a viable solution to unlocking the continent’s natural and mineral wealth and
Cabo Verde Inaugurates Major Expansion of Cabeolica Wind Farm and Battery Storage, Enabled by Africa Finance Corporation’s (AFC) Catalytic Financing
PRAIA, Cape Verde, December 8, 2025/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced the inauguration of the expanded Cabeolica Wind Farm and Battery Energy Storage System (BESS) in Cabo Verde- an achievement made possible through AFC’s catalytic €55million bridge financing provided in 2024. The ceremony, officiated by Prime
The Islamic Development Bank Institute (IsDBI) and Arab Monetary Fund (AMF) Deliver Training on Using Artificial Intelligence to Foster the Islamic Financial Industry
PRESS RELEASE ABU DHABI, United Arab Emirates, December 3, 2025/ — The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) and the Arab Monetary Fund (AMF) jointly organized a specialized training program titled “The Role of Artificial Intelligence in Fostering the Islamic Financial Industry.” The program took place from 24–28 November 2025, at the AMF headquarters in
Cabo Verde: African Development Bank Group approves €17.7 million to advance public sector digitis
PRESS RELEASE ABIDJAN, Ivory Coast, December 4, 2025/ — The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €17.71 million loan to support the second phase of Cabo Verde’s E-Governance and Public Financial Management Reform Programme. The Bank’s Board of Directors approved the financing on Monday, continuing support that began
A Major Win for Namibia as ReconAfrica Delivers Kavango West 1X Hydrocarbon Discovery
PRESS RELEASE JOHANNESBURG, South Africa, December 4, 2025/ — The African Energy Chamber (AEC) (https://EnergyChamber.org) strongly welcomes the announcement by Reconnaissance Energy Africa of a successful hydrocarbon encounter at the Kavango West 1X well on Petroleum Exploration Licence (PEL) 73, onshore Namibia. The results represent one of the most meaningful milestones yet for the country’s
