Tag Archives: African Development Bank

Kampala, Uganda | THE INDEPENDENT | The National Economy committee of Parliament has asked the government to scale down debt contracting to only projects that have high economic and financial returns, and target cheaper concessional loans to finance investments. According to the committee, as the country’s external debt position faces …

African companies to bid for contracts around the world Public procurement is fast becoming big business in Africa. It accounts for almost a third of the gross domestic product (GDP) in poor countries and up to 15% in developed countries, writes David Hamam In some countries, the share of public …

By Julius Odeke Building on its Kenyan experience in the East African Rift Valley with the Menengai geothermal project, the African Development Bank is working on an ambitious geothermal development program for Africa. Chawki Chahed Principal Communications Officer  said in a press that apart from the gigantic projects such as …