Afreximbank announces $1-billion Adjustment Facility, Other AfCFTA Support Measures as African Leaders Meet

Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), yesterday in Niamey, addressed the 12th Extraordinary Summit of African Union (AU) Heads of State, announcing a series of initiatives to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). Prof. Oramah told the heads of state, who were gathered to…

Afreximbank announces $1-billion Adjustment Facility, Other AfCFTA Support Measures as African Leaders Meet

Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), yesterday in Niamey, addressed the 12th Extraordinary Summit of African Union (AU) Heads of State, announcing a series of initiatives to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). Prof. Oramah told the heads of state, who were gathered to…

Cameroon to construct a mini hydroelectric power plant

  Cameroon is set to construct a mini-hydroelectric power plant in Mbakaou, in the Adamaoua region. Cameroonian branch of the French group Innovation Énergie Développement (IED) who are embarking on the project will sell the energy produced to the electricity distribution company, Eneo, a semi-public company with 56% of the capital held by the Actis group and 44%…

Cameroon to construct a mini hydroelectric power plant

  Cameroon is set to construct a mini-hydroelectric power plant in Mbakaou, in the Adamaoua region. Cameroonian branch of the French group Innovation Énergie Développement (IED) who are embarking on the project will sell the energy produced to the electricity distribution company, Eneo, a semi-public company with 56% of the capital held by the Actis group and 44%…

Ghana to construct 8 million houses by 2050

The government of Ghana has announced plans to develop eight houses across the country 2050 to accommodate the growing population and clear the existing housing deficit. Charles Boakye, team lead for the Ghana Infrastructure Plan (GIP) and an engineer of the Institute for Infrastructure Development confirmed the reports and said that by 2030, it is envisaged that…