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AfDB enters new $1 billion exposure exchange with the Asian Development Bank

The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen their capital adequacy levels and boost their lending capacity. The transaction, sealed last week, will support AfDB efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts […]

Botswana cancels 100 MW joint venture solar power tender

Botswana’s state-owned utility has cancelled a tender in which it was seeking private investor partners to build a 100 MW solar power plant in the Southern African nation. According to the Botswana Power Corporation (BPC), the project, which was initially structured as a joint venture between BPC and private producers, will now be implemented through […]

Egypt: Arab media female figures launch their union

Arab female media personalities Sunday launched in Cairo their union with the blessing of the Arab League. The initiative was sponsored by the Arab League and gathered several figures of 16 Arab countries. For the Arab League General Secretary’ advisor, Falah Al-Mutari, the union will come in assistance to the Arab media organizations. He also […]