Uganda Debt Rises to 32.24 Billion Dollars on Oil Spending
Uganda’s public debt has increased markedly over the past financial year, reflecting intensified public expenditure linked ...
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Tag: African Development Bank
Africa’s economic growth set to outpace Asia for the first time, IMF forecasts
Africa’s economic growth is forecast to outpace that of Asia in 2026 according to recent projections ...
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African Development Bank Backs Kenya’s Clean Energy Vision with $16.5 Million Geothermal Loan
The African Development Bank Group has approved a loan of 16.5 million US dollars to support ...
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Ethiopia Commences Construction of Africa’s Largest Airport in Bishoftu
Ethiopia has officially launched the construction of the Bishoftu International Airport, a $12.5 billion infrastructure project ...
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Zimbabwe’s Mutapa Investment Fund Moves to Modernise State Assets
Zimbabwe’s Mutapa Investment Fund (MIF), the state-owned investment vehicle managing some of the country’s largest public ...
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Private Equity in Africa: Momentum, Markets and Meaningful Growth
The landscape of private equity (PE) in Africa has evolved from a niche frontier market into ...
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Global Coal Demand Reaches its Plateau as Africa Weighs the Transition Path
Global coal consumption is showing signs of levelling off, signalling the potential end of its century-long ...
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AfDB and Nedbank Partner to Boost Housing and Trade Finance Across Africa
The African Development Bank Group (AfDB) and Nedbank Group have entered into a landmark partnership aimed ...
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Namibia Joins Continental Drive to Expand Power Generation and Energy Access
Namibia has formally launched its National Energy Compact, signalling its official participation in Mission 300, a ...
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ADF Approves 23 Million USD Grant to Boost Energy Access in Somalia
The African Development Fund, the concessional financing window of the African Development Bank Group, has approved ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.
