ABDAS – Africa information and Business Directory
Africa information and Business Directory
The Grand Ethiopian Renaissance Dam (GERD) will start generating 750 MW out of the 2 completed units by August 2021, Ethiopian Electric Corporation said. The corporation’s CEO, Ashebir Balcha told …
Ethiopia: GERD Two Turbines to Go Operational By August 2021 Read More
The announcement of a $100 million investment by multinational payments giant Mastercard in Airtel Africa’s mobile money business arm reflects the steady growth and excitement in Africa’s digital payment market. …
Mastercard to invest $100m in Airtel Africa’s mobile money Read More
PRESIDENT Samia Suluhu Hassan has assured her Kenyan counterpart, Uhuru Kenyatta of a bold and continued cooperation from Tanzania, as part of efforts to boost forward development agenda between the …
Tanzania, Kenya Cement Ties Read More
Norrsken, a global Entrepreneurship hub has earmarked USD12 million for investment into the local and regional entrepreneurship scene through their Kigali Campus. The campus which is expected to commence operations …
Kigali Based Entrepreneurship Hub to Invest $12m In Rwanda’s Start-Up Scene Read More
Sule Abdulaziz, acting managing director at TCN, shared that the company had acquired a new office for its Project Implementation Units, which were created to increase the delivery of projects. …
TCN to Add 4,000MW to Nigerian National Grid Read More
In Nigeria, the 10 MW Katsina wind farm project has been completed and will be commissioned later this month as confirmed by the Ministry of Power in the Federal Government. …
Katsina Wind Farm Makes Headway for Nigeria’s Abandoned Projects Read More
The OPEC Fund for International Development the development finance institution of the Organization of the Petroleum Exporting Countries-has signed a US$ 50 million loan with Tanzania to finance the ‘Fourth …
Tanzania to Get $50 M Loan from OPEC for Rural Infrastructure Development Read More
National Bank of Malawi plc, the leading bank in the country, has completed the acquisition of a 51 per cent controlling stake in Akiba Commercial Bank plc of Tanzania for …
Malawi Bank Buy 51% Stake In ACB Bank Tanzania Read More
With a $200 million investment, the World Bank has announced new funding for Ethiopia’s digital transformation. The organization is currently working on a new initiative named Digital Ethiopia Foundations, in …
Ethiopia receives $200m loan from World Bank for digital transformation Read More
Under a trade agreement signed by the two nations, British firms will be able to export goods to Kenya tax-free for a duration of 25 years. However, the post-Brexit trade …
Kenya grants British goods 25-year free entry in trade agreement Read More