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China’s lending to Africa fell sharply to $2.1 billion in 2024, nearly half the previous year’s level and a fraction of its $28.8 billion peak in 2016, signaling a clear shift in Beijing’s strategy. New data from Boston University show China moving away from debt-heavy megaprojects toward smaller, commercially viable investments that carry lower risk. […]
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Ecobank and Development Bank of Southern Africa (DBSA) acting as Mandated Lead Arrangers, Coordinators and Bookrunners in partnership with Rand Merchant Bank (RMB), have closed a EUR 230 million facility for the Government of Uganda to finance its FY2024/25 Infrastructure and Development Budget. The facility comprises EUR 130 million from Ecobank and RMB as well […]
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Shared Interest has announced a new phase of its work in South Africa aimed at closing the gender financing gap by unlocking capital for women-led businesses in the housing and agriculture space. The initiative is being rolled out in partnership with the DG Murray Trust (DGMT) and uMaStandi, a property financing company that supports township […]
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Wendy Dobson, Head: Group Corporate Citizenship at Standard Bank Group Energy is a key enabler of sustainable and inclusive growth. However, according to the United Nations Economic Commission for Africa, 600 million people on our continent do not have access to electricity, which corresponds to an electricity access rate for African countries of just over 40% […]
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By Sunil Kaushal, CEO of Standard Chartered Africa and Middle East (AME) While climate change may have taken a back seat in a news cycle dominated by COVID 19, war and the cost-of-living crisis, the risks and threats associated with our warming planet remain the biggest long-term threat to our combined economic future. Banks and […]
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By Yacine Djibo, Executive Director of Speak Up Africa Speak Up Africa is an African-led, strategic communications and advocacy not for profit organization whose objectives are to catalyze leadership, enable policy change, and increase awareness for sustainable development in Africa. Founded in 2011 and based in Dakar, Speak Up Africa has made deep inroads into […]
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By Selwyn Blieden; Head of Africa Coverage, Commercial Property Finance For a long time, the most prominent players in the African property sector have been private equity or other institutional investors. It is also true that there has been an obvious gulf between demand and supply in all property sectors (commercial, industrial and residential) across […]
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