Central African Republic Joins the Africa Finance Corporation

The Central African Republic (CAR) has joined the Africa Finance Corporation (AFC), becoming the continental infrastructure solutions provider's 46th member state...

✨ Key Highlights

The Central African Republic (CAR) has become the 46th member state of the Africa Finance Corporation (AFC), a key step for the resource-rich but fragile nation.

The AFC now boasts 46 member states and over 47 shareholders.
Samaila Zubairu, President & CEO of Africa Finance Corporation, highlighted CAR's potential to convert its natural resources into economic prosperity.
CAR is abundant in resources including diamonds, gold, and timber, despite being one of the continent's most fragile states.

Continue Reading

Read the complete article from The Kenyan Wall Street

📰 Read Full Article

Related News

business3h ago

High Grand Falls Dam to cost up to Sh348mn

The construction of the High Grand Falls Dam along the River Tana is projected to cost Kenyan taxpayers between Sh323.3 million ($2.5 million) and Sh348 million ($2.7 million), according to the Ministry of Energy. This ambitious project aims to add over 400 megawatts of electricity to the national grid by 2032.

Capital Business

📰 Read Full Story

top5h ago

Truck drivers, traders decry deplorable infrastructure, endless congestion at Busia Border post

Drivers and traders are frustrated by deplorable infrastructure and endless congestion at the Busia One Stop Border Post (OSBP). The Senate National Cohesion, Integration and Equal Opportunities Committee raised concerns about mismanagement and poor facilities, including travelers being charged to access public toilets.

Capital News

📰 Read Full Story