$28 billion
Funding to be mobilised in Uganda by 2030 to finance sustainable development projects. The private sector will commit up to $4 billion to the climate resilience fund initiated by the East African country's government.
(Afrik21)
1200
Entrepreneurs in Kenya to benefit from Mars Wrigley's entrepreneurship model under the Maua programme. The initiative seeks to support micro and small enterprises to create jobs and support sustainable livelihoods in Kenya.
(Food Business Africa)
39%
Proportion of the European Investment Bank's financing delivered outside of Europe that went to Africa in 2022. Some 19% of the $4.5 billion the Bank investment in Africa went to climate action and environmental sustainability.
(Africa Global Funds)
$21 billion
Projected market for Nigeria's crude oil on the back of the Dangote Refinery launch this coming week. The facility intends to meet the West African country's fuel needs, create jobs and contribute to the economic development.
(This Day)
100 dams
Offered to private investors in Kenya in $12 billion initiative to address the country's water shortage. This public private partnerships intend to ensure citizens get reliable water services and will function as joint ventures during the construction and payback periods to ensure investors get their return on investment.
(Business Daily)
45%
Proportion of total global investment directed to Africa by Proparco in 2022. With over $1 million committed to the continent, the region was the biggest beneficiary of the French development bank.
(Proparco)
52,000 tonnes
Pork imported annually by Tanzania as reported by pig farmer association,Tapifa, The East African country produces 27,000 pork a year, leading farmers to call for more strategies to meet the demand.
(The Citizen)
66%
Extension of storage free period for containerised cargo handled at Kenya's port of Mombasa and inland container depots for transit users.The increase from 9 to 15 days to clear goods before storage costs are applied will benefit traders from neighbouring countries which use Kenyan ports for exports.
(Monitor)
50 kilometres
Largest bridge in Africa to be constructed in Tanzania connecting Dar es Salaam to Zanzibar to boost trade. Tanzania is currently talking to prospective investors in China about financing plans for the project.
(CIPS Supply Management)
$3 billion
Loan from Afreximbank disbursed in Kenya to offer temporary relief for the East African country as it faces financial headwinds. The funds will go into different sectors and boost importation of essential commodities to help reduce cost of living.
(The East African)
69%
Growth in blueberry production recorded in Zimbabwe, in a bumper horticulture season which recorded 18% growth overall to reach 2.8 million tonnes in the 2022/23 season. The particularly strong increase in berries was attributed to 50% rise in both land and yields for the crop.
(The Herald)
50 kilometres
Largest bridge in Africa to be constructed in Tanzania connecting Dar es Salaam to Zanzibar to boost trade. Tanzania is currently talking to prospective investors in China about financing plans for the project.
(CIPS Supply Management)
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