economic transformation

Nigeria

World Bank releases Nigeria economic update report

The latest Nigeria development update report, Resilience through Reforms says that Nigeria has exited from its deepest recession in four decades as COVID-19 restrictions were eased. With poverty increasing in 2020 due to the combined effects of COVID-19 and rising prices, the report recommends policy options that can help reduce inflation and protect poor households from its impacts.
access to energy and water

ITFC approves $250 million to support economic sectors in The Gambia

The International Islamic Trade Finance Corporation (ITFC) a member of the Islamic Development Bank (IDB) Group has signed a new five-year framework agreement that aims at boosting trade development across The Gambia’s agriculture, energy, healthcare, and private sectors.
infrastructure invesment

SA committed to infrastructure developments for economic reform

As part of economic reforms, the South African government has committed to a R791.2 billion infrastructure investment drive.
IRP

Top four risks of doing business in South Africa in 2021

Unemployment, profound social instability, and water crisis are some of the risks noted in the WEF Global Risk Report for doing business in South Africa.

Trends driving inner-city revitalisation and urban property markets

Property stocks have been hard hit by the COVID-19 pandemic; impacting retail and commercial office space and even some industrial property holdings.

IFC partnership to help Moroccan companies improve on ESG practices

IFC has signed an agreement with the Moroccan Capital Market Authority that will help companies enhance their reporting on ESG practices.
meadows energy

Energy for economic reconstruction & recovery forms State of Nation Address

A rapid expansion of South Africa's energy capacity is necessary if the country's Economic Reconstruction and Recovery Plan is to have any chance of success.
private sector funding

DBSA issues $242 million green bond to support a low carbon...

This bond will be structured in alignment with the Development Bank of Southern Africa's (DBSA) recently released Green Bond Framework, which reiterates the Bank's commitment to playing a role in the just transition to a low carbon economy.

Micro-utilities are changing the urban model

Rensource Energy seeks to bridge the energy gap faced by Nigerian MSMEs by deploying solar-hybrid captive power solutions.
revenue

UK-Africa Summit: Renewables critical for Africa’s economic recovery

Renewables will be a critical driver of Africa’s post-COVID-19 growth recovery and economic prosperity, said experts at UK-Africa Summit.

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