French Development Agency Allocates Budget Aid for Niger

The French Development Agency (AFD) on Wednesday allocated to Niger a budget aid to the tune of €10million (6.6 billion CFA) to help the African country reinforce its cereal stocks and finance maintenance works on its roads.

European Investment Bank Launches Africa’s First Specialist Rural Microfinance Fund Supporting Fair Trade And Organic Small Business

Africa’s first specialist rural microfinance fund supporting fair trade and organic small business, FEFISOL, the European Solidarity Financing Fund for Africa, has been launched by the European Investment Bank, Agence Française de Développement and...

Kenya Invites Foreign Investors to Help Develop Geothermal Fields

Kenyan Prime Minister, Raila Odinga has invited foreign private investors to develop geothermal fields in Kenya saying the country had the potential to provide 7,000 MW of clean and reliable geothermal energy. He noted that 90 per cent of the wells so...

Djibouti And Ethiopia Resolve to Revitalize Rail Transport Links

Djibouti and its neighbor Ethiopia have decided to make the rail transport sector, neglected for a long time, the spearhead of their respective economies. For so doing, the two governments are determined to straighten out the morose situation of the Djibouti-Ethiopian...