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Tag: West Africa

Kenya Airways signs agreement with Africa World Airlines Limited to expand its connectivity to West Africa

KENYA – Kenya’s national carrier Kenya Airways (KQ) has announced that it has inked a one-way interline agreement with regional carrier, Africa World Airlines Limited, to expand its connectivity to Ghana and West Africa. Julius Thairu, Kenya Airways chief commercial and customer officer, said the interline agreement will provide passengers with flight connections from KQ network to various points in…

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ECREEE partners WASCAL for the development of green hydrogen policy in West Africa

WEST AFRICA – ECREEE has partnered with WASCAL to explore the potential of green hydrogen production from the enormous renewable energy sources within the West African region. West Africa holds very good potential for producing green hydrogen and thus provides an opportunity for the region to play a key role in the emerging green hydrogen market according to the green…

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French Global Environment Facility allocates US$2.86M for the protection of coastal ecosystems

WEST AFRICA – The French Global Environment Facility (FGEF) will allocate nearly US$2.86 million to fund community-based marine and coastal ecosystem resilience projects in six West African countries. The announcement was made at the 10th West African Coastal and Marine Regional Forum, 29 March to 1 April 2022 in Saly Portudal, western Senegal. The FGEF’s new funding materialized by a…

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Equinix completes US$320M acquisition of MainOne, eyes African expansion

WEST AFRICA – Digital infrastructure company, Equinix, has announced the completion of a US$320 million acquisition of West African data center and connectivity solutions provider MainOne. The completion of this acquisition augments Equinix’s long-term strategy to become a leading African carrier-neutral digital infrastructure company by being able to bring a full range of transformative technologies and connectivity to Nigeria, Ghana,…

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AMI launches new francophone learning programs for French-speaking West Africa

WEST AFRICA – The African Management Institute (AMI), has launched a new series of francophone learning programmes to support the growth of small enterprises and provide practical business skills development in Senegal and across francophone West Africa. AMI’s launch event was held in Dakar, Senegal in mid-March, with over 50 business leaders, partners and clients in attendance. The pan-African organisation…

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AfDB, ECOWAS commit US$3.56M to boost pharmaceutical industry in West Africa

WEST AFRICA – The African Development Bank (AfDB) has signed an MoU with the Commission of the Economic Community of West African States (ECOWAS) for US$3.56 million in grant funding to boost pharmaceutical industries in West Africa. The agreement has been signed in Abuja, to increase local manufacturing of high-quality, safe, effective, and accessible essential medicines, pharmaceuticals, and vaccines in…

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DTRT partners with IFC to scale textile manufacturing in West Africa

GHANA – DTRT, West Africa’s largest clothing manufacturer has partnered with IFC to build an integrated textile value chain. Under the agreement, IFC will support DTRT (“Do the Right Thing”) to pursue the development of a sustainable fabric mill and the expansion of the garment manufacturing factory near its operating base in Accra, Ghana. IFC’s team will also explore the…

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Kyle Kelhofer appointed IFC’s senior regional representative of Sub- Sahara Africa

AFRICA – Kyle Kelhofer has been appointed as the senior regional representative of 5 sub – Saharan countries by The International Finance Corporation (IFC). Kyle Kelhofer will oversee operations of IFC, the private sector arm of the World Bank,  in Benin, Ghana, Liberia, Togo, and Sierra Leone. He succeeds Nigerian Ronke-Amoni Ogunsulire in this position and will be based in…

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AfDB approves US$379.6 million  to finance 500MW of solar in G5 Sahel region

WEST AFRICA – The Board of Directors of the African Development Bank Group has approved US$379.6 million in financing to support the installation of 500 MW of solar power in G5 Sahel countries. The funding aims to assist the G5 Sahel countries to adopt a low-emission power generation pathway by making use of the region’s abundant solar potential. The facility…

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AfDB and UN Women sign a US$4M agreement to support women in West Africa

WEST AFRICA – The African Development Bank Group, through its Access to Finance for Women in Africa (AFAWA) Initiative has granted US$4 million to UN Women to support women entrepreneurs access to public procurement in West Africa. The funding, the Bank’s largest-ever grant to UN Women, will improve the access of women-led businesses to public contracts.It will also leverage the…

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