Nov 8, 2023 | Commonwealth News
The Canada-African Development Bank Climate Fund (CACF), dedicated to backing gender-affirmative climate change initiatives in Africa, has sanctioned $36.3 million for two private sector ventures fostering climate adaptation in the continent. This funding includes...
Nov 3, 2023 | Commonwealth News
The African Development Bank (AfDB) has approved a trade finance facility of US$150 million to support Absa Group, a South African lender, in expanding its social and sustainable financing efforts. Additionally, the AfDB has agreed to provide about US$90 million in...
Nov 3, 2023 | Commonwealth News
The African Development Bank (AfDB) has granted $1.4 million (sh5.2b) to the East African Community (EAC) for the feasibility study of the Kisumu-Kisian-Busitema-Busia Expressway Project. This funding, provided through AfDB’s New Partnership for Africa’s...
Nov 2, 2023 | Commonwealth News
Singapore-based fintech firm Nium has achieved unicorn status with a valuation surpassing US$1 billion. Alongside insurtech company bolttech, Coda Payments, and digital assets financial services platform Matrixport, Nium is among the few Singaporean fintech companies...
Nov 2, 2023 | Commonwealth News
Alphabet’s Google, in collaboration with the US and Australian governments, will lay undersea cables to provide Internet access to eight Pacific Ocean nations. It will include Micronesia, Kiribati, the Marshall Islands, Papua New Guinea, the Solomon Islands,...
Oct 31, 2023 | Commonwealth News
Arc Minerals, a metals exploration company based in the UK, concludes the majority of regulatory requirements for its joint venture (JV) with an Anglo American unit regarding copper assets in Zambia. The share subscription in the JV has been finalised, with Anglo...
