The U.S. and Israel unleashed a major attack on Iran on Saturday in what President Trump said was designed to wipe out the regime’s military capabilities and eliminate the threat of the country creating a nuclear weapon. Iran’s Supreme Leader Ayatollah Ali Khamenei was killed the strikes, Mr. Trump said late Saturday afternoon. A map…
African Heads of State and Government on February 14, 2025, formally launched the Africa Infrastructure Financing Facility (AIFF), a coordinated, Africa-led platform designed to accelerate the preparation and facilitation of financing for priority cross-border infrastructure projects aligned with Agenda 2063. The launch took place during the Third Presidential High-Level Dialogue of the Alliance of African…
In a transformative boost to the Caribbean’s transport network,African Export-Import Bank (Afreximbank) has announced the disbursement of a US$100 million Receivables Discounting Facility to Bahamas Striping Group of Companies Ltd (BSGC). This funding is to assist with the financing of the rehabilitation and construction of over 200 miles of critical road infrastructure across The Bahamas….
The Director General, Ghana Civil Aviation Authority (GCAA), Rev. Stephen Wilfred Arthur, said Aero Contractors’ Aircraft Maintenance Organisation (AMO) will effectively service all commercial aircraft operating in West and Central Africa approved for maintenance in the facility. Arthur stated this at the weekend after the facility tour of the maintenance facility located at the Aero…
The psychological toll can be just as severe. During a recent visit, Lee said, a 5-year-old girl described a recurring nightmare: A large animal chases her, but she can’t outrun it because she’s trapped in a cage. She and her siblings “wake up crying for their mom every night because they’re worried they’re going to…
A drone strike hit a United Nations facility in war-torn Sudan on Saturday, killing six peacekeepers, U.N. Secretary-General Antonio Guterres said. The strike hit the peacekeeping logistics base in the city of Kadugli, in the central region of Kordofan, Guterres said in a statement. Eight other peacekeepers were wounded in the strike. All the victims are…
Thyspunt in the Eastern Cape and Bantamsklip in the Overberg are proposed sites for which Eskom has initiated an environmental impact assessment process to approve a site for a third nuclear power station for South Africa. Four months ago, final environmental authorisation was given for the construction of a second nuclear power plant for South…
The forest finance revolution has begun. Africa cannot afford to miss this opportunity. Tropical forests provide the continent with unmatched climate, ecological, and economic value. The TFFF offers the financial tools to reward African nations for the global service which our forests provide, while empowering local communities, strengthening governance, and advancing climate leadership. COP30 has…
Nairobi — The Mauritius Commercial Bank (MCB) has arranged and closed a $400 million syndicated facility for Sea World Energy Holdings Limited, the affiliate consolidating Karpowership Group’s operations across Africa. MCB served as the sole Mandated Lead Arranger and Account Bank for the transaction, which the lender says was well received by participating financiers and…
Luanda, Angola — 29 October 2025 The Alliance of African Multilateral Financial Institutions (AAMFI) and the African Union Development Agency-NEPAD (AUDA-NEPAD) have jointly announced the establishment of the AAMFI Infrastructure Financing Facility for African Union Development projects, a major initiative to accelerate infrastructure development across Africa. The announcement was made during the Luanda Infrastructure Financing…
