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South Africa files ICJ case accusing Israel of ‘genocidal acts’

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South Africa has filed a case at the International Court of Justice (ICJ) alleging that Israel is engaging in "genocidal acts" in Gaza. The UN...

Kenya expresses interest to join consortium for energy storage

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Kenya is among nine African countries that have expressed interest in joining Battery Energy Storage Systems (BESS) Consortium launched during COP28 in Dubai, United...

ICED to support Somalia to advance evidence-based policy agenda

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The International Centre for Evaluation and Development (ICED) has signed a partnership agreement that will see the Federal Republic of Somalia deploy evidence-based policies...

Ghana targets 2.8pc for economic growth in 2024

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The Ghanaian government has set a target of 2.8 percent in gross domestic product (GDP) growth in 2024. Ghanaian Finance Minister Ken Ofori-Atta made this...

Shelter Afrique pumps $12M in Guinea housing value chain

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Shelter Afrique Development Bank (ShafDB) has extend a line of credit to the tune of Ksh 1.8 billon ($12m) to Vista Bank Guinee SA...

Experts: Harm reduction policies could cut tobacco related deaths

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African governments could see a significant reduction in tobacco related deaths through the adoption of harm reduction policies as opposed to complete prohibitions. Speaking at...

Egypt issues Africa’s first panda bond worth 3.5B yuan

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Egypt has successfully raised RMB 3.5 billion from the China's domestic credit market making it the first country in Africa to do so. Egypt says...

Kuramo Capital pledges Ksh 22B to support women enterprises

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Investment manager, Kuramo Capital has committed a Ksh 22 billon ($150M) financial support over the course of a decade to help grow women led...

Kenya to host AfDB 59th annual general meetings next year

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Kenya will host the African Development Bank Group’s 59th annual meetings slated for May next year with the two now expected to enter an...

Why debt financing is so important for the African business market

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Small and medium-sized enterprises (SMEs) are the beating heart of Africa’s economies. According to the World Economic Forum, as engines of growth, SMEs are...

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