Spiro, a leading electric motorbike manufacturer and clean energy provider in Africa, has landed $63 million loan from GuarantCo, a company in the Private Infrastructure Development Group (PIDG), and the French bank Société Générale to be used to expand its fleet of electric motorbikes, alongside the associated batteries and swap stations, in Benin and Togo. […]
The World Bank has allocated Tunisia $300 million to help support more than one million Tunisian families living under the poverty line, the office of President Kais Saied said Monday. The announcement came following a meeting between the Tunisian President and Férid Belhadj, World Bank Group Vice President for MENA region. Financial support, the […]
Afreximbank has approved $200 million toward financing of a contested oil pipeline to export Uganda’s crude, while a report released by two environmental NGOs has warned of potentially “unacceptable” damage caused by a controversial project involving French oil giant TotalEnergies and China’s National Offshore Oil Corporation (CNOOC). The Nigeria-based bank was also willing to finance […]
