ABDAS – Africa information and Business Directory
Africa information and Business Directory
Three western development finance organisations will invest USD 90 million in Sub-Saharan Africa’s agricultural development. AgDevCo, a London-based investor focused on African agribusiness, will receive USD 90 million in funding …
Across Sub-Saharan Africa, DFIs invest in agribusiness backers. Read More
The Development Fund, a Norwegian non-governmental organisation, is contributing C$4.25 million to Canadian Foodgrains Bank for a three-year project in Ethiopia to continue allowing small-scale farmers the option to use …
Norway is collaborating with the Canadian Foodgrains Bank to assist Ethiopian farmers. Read More
Averda, based in Lebanon, is finalising a credit arrangement with the International Development Finance Corporation (DFC), based in the United States. The $45 million loan will enable the waste management …
Averda receives a $45 million loan from DFC for plastic recycling in Africa. Read More
On 26th February 2022, Tanzanian President Samia Suluhu Hassan met with Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates (UAE) and Ruler of …
UAE to Invest USD 7 Bln in Tanzania Over the Next 4 Years Read More
The South Korea government has given Kenya a grant of $6 million (Sh685.86 million) for the construction of transport infrastructure, planning and security installations at the Konza City project. The …
South Korea Grants Kenya Sh685m for Konza Tech City Read More
Participation of locals in the oil and gas projects has now increased to 92%from 50% in 2015, it has been revealed. The Acting Director General of Petroleum Upstream Regulatory Authority …
Tanzania: Local Content Scales Up in Oil, Gas Sector Read More
National Oil Corporation of Kenya (Nock) could be handed a lifeline after the Petroleum ministry proposed that the company import nearly a 3rd of all petroleum products consumed in the …
State-Owned Nock to Import A Third of Kenya’s Oil Products Read More
East Africa has more than $435 billion of active projects, of which $221 billion are under construction. A fast-growing population that will increase by 25 per cent over the next …
Top 5 Upcoming Projects in East Africa Read More
Kenya is still ahead of its neighbors in the Rift Valley when it comes to geothermal energy production. Africa’s largest producer of this clean energy, Kenya Electricity Generating Company (KenGen), …
KENYA: Kengen to Expand Capacity of Olkaria Geothermal Complex Read More
The Ethiopian authorities recently inaugurated the 1st unit of the hydroelectric power station of the Great Ethiopian Renaissance Dam (GERD). This 1st turbine delivers a power of 375 MW. Addis …
ETHIOPIA: Unit I of Africa’s Largest Dam Inaugurated with Great Fanfare Read More