Africa
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News
UDB hosts landmark summit to redefine Africa’s development finance architecture
KAMPALA, August 1, 2025 – With Africa at a pivotal moment in its economic evolution, the Uganda Development Bank [UDB] is stepping forward to host a high-level gathering of African and global…
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Uganda’s energy future to take centre stage with UCEM CEO set to speak at AEW 2025
KAMPALA, August 29,2025 — Humphrey Asiimwe, CEO, Uganda Chamber of Energy and Minerals [UCEM] will speak at this year’s African Energy Week [AEW]: Invest in African Energies 2025, which returns to Cape…
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TICAD9: AfDB signs agreement with Japanese companies to advance climate-resilient road maintenance solutions for Africa
YOKOHOMA, August 27, 2025 — The African Development Bank [ AfDB ] recently signed a Letter of Intent [LoI] with the Shimizu Corporation, Kao Corporation and The Nippon Road Co Ltd to…
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Japan commits to support EAC in leveraging technology to boost regional trade
ARUSHA, August 25, 2025 –The Director General of the Customs and Tariff Bureau at the Ministry of Finance of Japan, Teraoka Mitsuhiro has reaffirmed Japan commitment to support the East African Community [EAC] in harnessing…
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Africa’s US$ 100bln Refining Opportunity Unlocks as New Capacity Surges Toward 2030
CAPE TOWN, August 25, 2025 — Africa is set to add 1.2 million barrels per day [bpd] of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according…
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Gov’t, Afreximbank sign €270mln loan for infrastructure development
KAMPALA, August 22, 2025 – In a bid to improve road infrastructure and other key sectors across the country, the Government of Uganda has secured a €270 million loan [approximately Shs 1.1…
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AFSA launches new podcast: “The Battle for African Agriculture”
KAMPALA, August 18, 2025— The Alliance for Food Sovereignty in Africa [AFSA] has launched its new podcast, “The Battle for African Agriculture” hosted by AFSA General Coordinator, Dr. Million Belay. This bold…
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Africa’s fuel dependency: A crisis waiting to happen
KAMPALA, August 13, 2025 — Picture this: for 30 days, petroleum product imports into Africa come to a complete stop. Across Lagos, Johannesburg, Kinshasa, Cairo, and Nairobi, endless fuel queues snake through…
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Africa: Message of the 20th Plenary Assembly of SECAM
ACCRA, August 7, 2025 — Following addresses by speakers from Africa and beyond, and fruitful deliberations, we, Cardinals, Archbishops, and Bishops, members of the Symposium of Episcopal Conferences of Africa and Madagascar…
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Sierra Leone and AfDB target US$ 90bln in annual illicit financial flows
FREETOWN, July 27, 2025 — A four-day high-level seminar concluded last week with concrete recommendations to combat the estimated US$ 90 billion that Africa loses annually to illicit financial flows, as the…
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