Economy & Business

Africa Finance Corporation tops US$1 Billion revenue for first time as landmark projects unlock growth across the continent

Sierra Leone Telegraph: 10 April 2025: Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for the year ended 31 December 2024 surpassing US$ 1 billion for the first time in the Corporation’s history. (Photo above: Samaila Zubairu [Read More]

Economy & Business

Absa Corporate and Investment Banking powers East Africa’s real estate future

Sierra Leone Telegraph: 10 April 2025: Under the theme “Positioning for Opportunity”, Nairobi’s premier real estate event brings global investors and developers together to shape East Africa’s economic landscape. As a proudly Pan-African business with key interests in positively shaping economic policy and investments, Absa CIB has proudly, once again [Read More]

Economy & Business

AfDB supported projects in Senegal and Rwanda clinch top honors at 2025 bonds, loans & ESG capital markets Africa Awards

Sierra Leone Telegraph: 05 April 2025: Two African Development Bank Group (AfDB) supported projects have garnered top honours at the 2025 Bonds, Loans & ESG Capital Markets Africa Awards conference. A $500 million sustainable term loan facility in Senegal was named Sovereign Syndicated Loan Deal of the Year, while Rwanda’s [Read More]

Economy & Business

OPEC Fund approves over US$600 million in new financing to strengthen connectivity, human capital and economic resilience

Sierra Leone Telegraph: 05 April 2025: The OPEC Fund for International Development (OPEC Fund)  has approved over US$600 million in new development financing to support sustainable infrastructure, private sector development, food security and human capital in partner countries across Africa, Asia, Latin America and the Caribbean. The new projects were [Read More]

Economy & Business

Africa Energy Bank gains momentum with capital contributions from Nigeria, Angola and Ghana

Sierra Leone Telegraph: 02 April 2025: In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of the minimum required funding from African Petroleum Producers Organization (APPO) members to initiate the bank’s [Read More]