As top finance ministers from around the world gather at a beachside resort in South Africa for the G20 summit, the host nation is struggling to keep its agenda on …
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NSIA Launches $50bn Pan-African Investment Platform to Drive Infrastructure, Agriculture, and Climate Projects by 2030
The Nigerian Sovereign Investment Authority (NSIA) has introduced a new continental investment platform with a target of raising $50 billion in blended finance to support infrastructure, agriculture, and climate-resilient initiatives …
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Banking, Finance & InvestmentDevelopmentEconomyEnvironmentFinance & ServicesGOVERNMENT
Bank of Industry Launches Sustainable Finance Framework to Boost Inclusive and Climate-Resilient Growth
The Bank of Industry (BOI) has launched a Sustainable Finance Framework aimed at supporting inclusive, climate-resilient economic growth in Nigeria. This new initiative is a key part of the bank’s …
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EconomyEnergyEnvironmentFinance & ServicesInfrastructureTechnology
South Africa’s PIC Commits R656 Million to SA-H2 Fund
The Public Investment Corporation (PIC), which is South Africa’s state-owned asset manager, has committed a significant amount of money—R656 million—to the SA-H2 Fund. This fund is a blended finance project …
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UN Commends AfDB President Akinwumi Adesina for Transformative Global Finance Leadership
The Secretary-General of the United Nations, António Guterres, has praised the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, for his trailblazing role in reshaping global development finance …
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AfricaASIADevelopmentDigital EconomyEconomyEnergyFinance & ServicesInfrastructureInternational RelationsINVESTMENT
EAAIF secures $325m for infrastructure expansion
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a private infrastructure group managed by Ninety-One, has secured a fresh $325 million in debt funding to support infrastructure projects across Africa …
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President of African Development Bank (AfDB), Dr Akinwumi Adesina, has raised alarm over the huge economic losses Africa is facing due to climate change. He said the continent is currently …