The Ugandan government has refuted reports from Oxfam International that it is working with UK-based global company New Forests Company (NFC) on land grabs for investments of commercial forest plantations
Finance
US$40 million AfDB fund supports Malawian budget
Malawi has been granted approximately US$40 million by The African Development Fund (ADF), part of the African Development Bank (AfDB), to cushion vulnerable groups from the negative impacts of recent economic reforms
China offers US$20 billion in loans to Africa
Chinese President Hu Jintao greets Equatorial Guinea President Obiang Nguema Mbasogo at an event in Shanghai. (Image source: Embassy of Equatorial Guinea)
China has offered US$20 billion in loans to African countries over the next three years
FNB makes banking available on Facebook
FNB customers will be able to check balances, purchase products, and view Lotto results using Facebook. (flowcomm/Flickr)
South Africas First National Bank (FNB) has introduced banking via social networking site Facebook
New mining fund committed to investing in Africa soon
The fund invests in projects at early exploration stages across Africa. (Image source: NitinKirloskar/Flickr)
The second New Africa Mining Fund (NAMF II) has said it will make its first investment in the African mining sector within three months
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Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)
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The solution provides the accuracy and speed needed to isolate unstable batteries before they become a safety risk. (Image source: Brady)
COP29 concluded with the Baku Finance Goal agreement. (Image source: UNFCCC)
The Lintec CSD2500B ensures uninterrupted operations, and its modular construction delivers cost efficiencies and easy installation. (Image source: Lintec & Linnhoff)
• Genie has sought to improve quality and total cost of ownership. (Image source: Genie)
The flexibility of the solution enables it to accommodate various courses in the hydraulic and pneumatic training environment. (Image source: Bosch Rexroth)
