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%…