The Africa Finance Corporation (AFC) has called on African governments to tap into over $4 trillion in untapped domestic capital to bridge the continent’s widening infrastructure gap. In its 2025 State of Africa’s Infrastructure report, the AFC emphasized that pension funds, sovereign wealth funds, commercial banks, and reserves collectively hold the capital needed to transform […]
The World Bank’s Board of Directors has approved $200 million in funding for the establishment of a Renewable Energy Guarantees Program (REGREP) in Ethiopia. These funds, to be disbursed by the International Development Association (IDA), will help the authorities in Addis Ababa to reform their regulatory framework and gear it up for private investment and […]
With the support of the African Union Commission’s Department of Trade and Industry, the Permanent Mission of the African Union in Belgium organized a sensitization workshop on the African Continental Free Trade Area (AfCFTA). The agreement to create the single market for goods and services was signed by 44 out of the 55 Member States […]
