archiveWest Africa

in Short

West Africa: World Bank unlocks $311 million for renewable energy

The World Bank approved in late December $311 million in financing for the Regional Emergency Solar Power Intervention Project (RESPITE) in Liberia, Sierra Leone, Chad and Togo.  The project will finance the installation and operation of approximately 106 MW of solar capacity power with battery storage systems, the expansion of...
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West Africa:World Bank Approves $246 Million to Strengthen Coastal Resilience

Populations at immediate risk from coastal erosion, flooding and pollution, and people depending on agroindustry and tourism along the coastlines in The Gambia, Ghana, and Guinea-Bissau will benefit from the West Africa Coastal Areas Resilience Investment Project (WACA ResIP 2), approved today for a total amount of $246 million in International...
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Bank : Ecobank named Best Trade Finance Bank in West Africa

Ecobank, the leading Pan-African Banking Group, has been named ‘Best Trade Finance Bank in West Africa’ at the prestigious Global Trade Review’s Leaders in Trade awards. The award comes as recognition of Ecobank’s solutions for domestic and regional supply chain financing across key trade corridors as well as the bank’s...

West Africa : $3.56 million grant to develop pharmaceutical industry

The African Development Bank and the Commission of the Economic Community of West African States (ECOWAS) have signed a memorandum of understanding for $3.56 million in grant funding to support the development of pharmaceutical industries in West Africa. The project's total cost is $3.77 million, to which the ECOWAS Commission...
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Tech: Kajou raises €1 million to accelerate its development in West Africa

Kajou has just closed a €1 million financing round to accelerate its development in West Africa, particularly in Senegal, Côte d'Ivoire, Benin, Togo and Cameroon.Kajou is a social enterprise created by the NGO Bibliothèques Sans Frontières that develops innovative solutions for distributing digital training and information content to populations with...
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Interview Henri Saoue “ If the AfCFTA can break down some of the administrative barriers in the first instance, we will be happy”

Why investing in Africa and why now? The viewpoint of an African investor. Henri Saoue, Founder and CEO, IVOS. In which sector and in which countries does your company operate - in Africa and globally? Ivoire Oilfield Services (IVOS) is a company specializing in the provision of environmental services, especially for the...
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