BUSINESS

United States signs $217 million agreement to fund power plant in Freetown, Sierra Leone

In a letter dated July 14, 2021, United States International Development Finance Corporation (DFC) committed to provide $217 million in debt financing for a new 83 megawatt power plant in Freetown, Sierra Leone. The Western Area Power Generation Project (WAPGP), sponsored by Milele Energy and TCQ Power Limited, will generate and sell electricity to the Electricity Distribution and Supply Authority (EDSA) pursuant to a 20-year power purchase agreement.

At U.S.-Africa Business Summit, MCC commits more than $1 billion in new programs for Africa

Millennium Challenge Corporation’s (MCC) Deputy Chief Executive Officer, Alexia Latortue, announced on Tuesday at the U.S.-Africa Business Summit that the agency will sign more than $1 billion of new economic growth programs in Africa by the end of 2022, underscoring the agency’s work to support the tremendous infrastructure needs of countries through grant financing and policy reforms.

U.S. African Development Foundation and Stanbic Kenya Foundation establish $10 million grant fund for local enterprises

Applicants must be Kenyan-owned, -led, and -registered MSMEs, cooperatives and producer groups operating in Kenya in the manufacturing, agriculture & agribusiness, health, trade, or services sectors.

African Development Bank Group’s $6 million grant kicks off Desert-to-Power West Africa Regional Energy Program

The Board of Directors of the African Development Bank Group has approved a $6 million grant to launch the initial phase of the Desert to Power West Africa Regional Energy Program. Desert to Power, an initiative led by the Bank, is expected to transform the Sahel by harnessing the region’s abundant solar potential.

MCC’s Board approves nearly $500 million for Tunisia compact

The MCC-Tunisia Compact, a five-year grant program, includes projects designed to make trade with Tunisia easier and less expensive by investing in the management, expansion, and digitization of the Port of Rades, as well as improve the management and conservation of the country’s groundwater resources.

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Amnesty International calls on Nobel Prize winning Prime Minister of Ethiopia Abiy Ahmed to account for all missing persons following Hachalu Hundesa’s killing

The administration of Abiy Ahmed, the Nobel Prize winning Prime Minister of Ethiopia, must immediately reveal the whereabouts of dozens of politicians and journalists who were arrested alongside other people following widespread protests that erupted after the killing of Hachalu Hundesa, Amnesty International has said.

UPDATED: Nigeria’s Supreme Court sacks PDP Governor Emeka Ihedioha of Imo and declares APC Hope Uzodinma as winner

DEVELOPING STORY: IMO RULING, SHOCK, ANGER, PRAISE, SADNESS Supreme Court...

Human Rights Watch concludes Abiy Ahmed’s soldiers bombed civilians to death, schools, hospitals and markets in Tigray region

Humera and Shire, killing at least 83 civilians, including children, and wounding over 300.

Human Rights Watch calls on Ethiopia’s Nobel Peace Prize winning Abiy Ahmed to restore internet and phone services in Oromia

The Ethiopian government should immediately lift the shutdown of internet and phone communications in the Oromia region, Human Rights Watch said on Monday. The two-month-long shutdown has prevented families from communicating, disrupted life-saving services, and contributed to an information blackout during government counterinsurgency operations in the area, the respected human rights organization added in a statement.

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