World Bank’s investment arm to boost local-currency lending
Africa-Press - Eritrea. The International Finance Corporation, the World Bank’s private investment arm, is expanding its local-currency lending and direct investments into companies across...
Infrastructure: from Foreign Loans to Domestic Capital
Africa-Press - Eritrea. Africa needs between $100 to $150 billion per year to close its infrastructure gap. Economic growth on the continent over the...
U.S.-Africa Renewable Energy Policy Alignment
Africa-Press - Eritrea. The U.S. and Africa are strengthening ties in renewable energy to address shared goals: boosting investments, improving energy access, and supporting...
ACEA Sparks Innovation and Jobs
Africa-Press - Eritrea. On the outskirts of Addis Ababa, 30-year-old Behailu Seboka, founder of Askema Engineering, manufactures brake pads using discarded materials from slaughterhouses....
African Union Implements AI in Transport Sector
Africa-Press - Eritrea. The African Union (AU) plans to harmonize the use of Artificial Intelligence (AI) in the transport sector, with the goal of...
NEPAD Leader Calls for Private Sector in Africa’S Growth
Africa-Press - Eritrea. The Chairman of the NEPAD Business Group Nigeria (NBGN) Mr. J.K. Randle, has called for renewed private sector commitment to Africa’s...
Capacity-Upgrading Training for Teachers
Africa-Press - Eritrea. The Central Region branch of the National Teachers Association has provided capacity-upgrading training to teachers focusing on addressing student challenges. The...
gold demand rises to quarterly all-time high
Africa-Press - Eritrea. The total global gold demand increased 3% year-on-year in the third quarter of this year, reaching the quarterly record high levels,...
Global Air Passenger Demand Rises in September
Africa-Press - Eritrea. Global air passenger demand rose 3.6% year-on-year in September 2025, driven mainly by a strong rebound in international travel, the International...
China Reaffirms Zero-Tariff Commitment to Eritrea
Africa-Press - Eritrea. China has reaffirmed its commitment to100 per cent tariff-free treatment for goods emanating from African nations, Kenya included, that it has...