ABDAS – Africa information and Business Directory
Africa information and Business Directory
In 2022, President Mnangagwa announced Rwanda had agreed to help Zimbabwe to fund the rural electrification programme to improve the lives of people residing in the countryside. This is also …
Zimbabwe-Rwanda U.S. $800 Million Energy Deal on Course Read More
Investment firm LeapFrog Investments is participating in a Series D round of funding to finance the expansion of Sun King. The $70 million investment will enable rural electrification through solar …
Leapfrog Invests $70m in Solar Kit Provider Sun King Read More
The US African Development Foundation (USADF) is launching a call for proposals for African off-grid energy providers. These companies have until 12 February 2023 to apply. Companies contributing to electrification …
AFRICA: A Call for Proposals to Finance Local Off-Grid Companies Read More
Egypt has witnessed a spike in its energy reserves in 2022, with 53 new oil and gas discoveries, according to the Ministry of Petroleum and Mineral Resources’ 2022 Achievements Report. …
Egypt Achieves 53 Oil & Gas Discoveries In 2022 Read More
A joint venture of American and Italian firms awarded the tender to design, finance and construct Uganda’s Greenfield oil refinery has hinted on Concluding the $4 billion (Shs14 trillion) Final …
Shs14 Trillion Refinery Deal Set To Be Conclude Read More
Over 600 investors and business leaders from the 27-member European Union (EU) are lined up for a mega business forum in Dar es Salaam in February month as they seek …
600 Investors from Europe Set Sights on Tanzania Read More
The efforts of the Embassy of Federal Democratic Republic of Ethiopia in Islamabad has started yielding results as a major business group from Pakistan has flown to Addis Ababa, the …
Ethiopian Industrial Sector Attracts Pakistani Investors Read More
Rwanda will soon have a new water reservoir. The launch date for the Muvumba multi-purpose dam has been set for June 2023. This decision follows the completion of the design …
RWANDA: Construction of the Muvumba Water Reservoir to Start In 2023 Read More
News about the Menengai geothermal project in Kenya. Its developer Globeleq has just raised $72 million in financing. The funds are being provided by the African Development Bank (AfDB), the …
Globeleq Raises $72 Million to Generate Geothermal Power in Menengai Read More
The African Export-Import Bank and US Eximbank have signed a $500m MoU to increase trade and investment, especially to help revive and re-fleet African airlines. Prof. Benedict Oramah, President and …
Afreximbank, Eximbank Sign $500m MOU Read More