Financing - eriinfo

Africa

AAMFI and Auda-Nepad Launch USD 1.5 Billion Aamfi Infrastructure Financing Facility

eriinfo.com2 months ago07 mins

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…

Africa

Africa: World Bank Approves New Financing to Enhance Climate Change Mitigation and Adaptation in Sierra Leone

eriinfo.com2 months ago05 mins

Washington — The World Bank today approved an additional grant of $18.34 million to support Sierra Leone in enhancing biodiversity protection, environmental sustainability, and climate change resilience. This funding, provided through the Least Developed Countries Fund (LDCF) under the Global Environment Facility (GEF), will scale up ongoing activities under Phase 2 of the West Africa…

Africa

Africa: AUC Chairperson Joined Heads of State & Government in Luanda, Angola, for the 3rd Summit On Financing for Infrastructure Development in Africa

eriinfo.com2 months ago02 mins

H.E. Mahmoud Ali Youssouf, Chairperson of the African Union Commission, joined Heads of State & Government in Luanda, Angola, today for the 3rd Summit on Financing for Infrastructure Development in Africa, & highlighted that “Africa must invest 130 billion dollars yearly to close its infrastructure gap; the backbone of the AfCFTA & of our economic…

Africa

Africa: Oreagba – Africa Set to Unveil New Model for Bridging Infrastructure Financing Gap

eriinfo.com2 months ago03 mins

Financial markets expert and Managing Director of NG Clearing, Mr. Farooq Oreagba, has said that Africa is on the verge of unveiling an innovative financing model to bridge its infrastructure gap a move he believes could transform the continent’s development trajectory. Speaking on the sidelines of the ongoing IMF/World Bank Annual Meetings, Oreagba said he…

Africa

African Countries Gear Up for Major Push On Climate Innovation, Climate Financing and Climate Change Laws

eriinfo.com2 months ago013 mins

The Second Africa Climate Summit, held in Ethiopia in September 2025, drew more than 25,000 people – from presidents and ministers to farmers, activists, business leaders and students. They came to talk about how Africa can source finance to grow in greener ways and cope with worsening climate disasters. Africa has barely contributed to greenhouse…

Africa

Africa: Helium Credit Is Financing Africa’s Private Clinics, One Loan At a Time

eriinfo.com3 months ago012 mins

Across Nigeria, many privately-owned healthcare facilities face funding bottleneck. Pharmacies watch their shelves empty as they struggle to restock essential drugs. Laboratories, unable to afford new equipment needed for diagnoses, and clinics are forced to turn patients away, as they face financial constraints that limit the services they can provide. For banks, credit unions, and…

Africa

Africa: Over 650,000 Zambians Set to Benefit From World Bank Financing for Natural Resource Management and Forest Conservation

eriinfo.com3 months ago06 mins

Lusaka — The World Bank is expanding support for Zambia’s watershed management and forest conservation, approving the second phase of the Transforming Landscapes for Resilience and Development (TRALARD II) project aimed to improve sustainable management of over 680,000 hectares of land and enhance livelihood resilience for over 650,000 people in targeted vulnerable communities of Zambia’s…

Top U.S. Officials, Citi and Cybastion, U.S. Tech Leaders Formally Announce 0M EXIM Financing Guarantee in Africa’s Digital Sector

Top U.S. Officials, Citi and Cybastion, U.S. Tech Leaders Formally Announce $100M EXIM Financing Guarantee in Africa’s Digital Sector

eriinfo.com3 months ago07 mins

NEW YORK — EXIM-Backed Financing Guarantee Unlocks Capital, De-Risks U.S. Entry Into Africa’s Fast-Growing Digital Market Top U.S. officials, Citi, U.S. tech leader Cybastion and a consortium of U.S. tech companies announced the Export-Import Bank’s first-ever $100 million financing guarantee in Africa’s digital sector for a national data center and digitalization project in Côte d’Ivoire….

Africa Climate Summit Puts Financing and Resilience Under the Spotlight

eriinfo.com3 months ago07 mins

The second Africa Climate Summit opened in the Ethiopian capital Addis Ababa on Monday, with the continent determined to position itself not only as a frontline victim of global warming but also as a source of solutions and innovation. From 8 to 10 September, 45 heads of state and government, alongside more than 25,000 campaigners,…

Africa

Africa: Rethinking Risk – Financing Africa’s Upstream Future Requires a New Approach, By Rolake Akinkugbe-Filani

eriinfo.com3 months ago09 mins

Volatile prices, shifting geopolitical alliances, ESG pressures, and the uncertain pace of the global energy transition are squeezing traditional financing models. Africa’s upstream oil and gas industry is at a defining moment. The continent is rich in reserves and ambition, but capital is no longer flowing as easily as it once did. Volatile prices, shifting…