World Bank commits $200 mln to support Ethiopia’s renewable energy program

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 […]

Togo: Asky takes delivery of wide body Boeing passenger jets

Lome-based Airline Asky welcomed September 1 two new passenger jets for long haul flights, days after the company added the State of Togo to its shareholders. The jets, both 727s, add to current 13 aircraft making up the Ethiopian Airlines-backed airline’s fleet. The delivery occurred few days after the company added the Togolese state to […]

Attijariwafa bank Teams up with IFC to bolster Trade & Investment in Africa

Attijariwafa bank, a leading pan-African banking group, has teamed up with IFC, a member of the World Bank Group, to boost cross-border trade and investment in Africa and support the continent’s smaller businesses. A cooperation agreement was signed by the two sides to enhance investments in both North Africa and Sub-Saharan Africa. The partnership will […]