In a release published December 24, 2018, the African Export-Import Bank (Afreximbank) announced that it provided $15 million to Securiport Sénégal SUARL, subsidiary of Securiport group, the world leader in the design and realisation of biometric identification technology, in Senegal. This fund is to help the group elaborate a system for the security of the civil aviation and for immigration management at Juba airport in South Sudan.
"The modernization of transports infrastructures in Africa represents one of our bank’s priorities in order to improve the movement of goods, services, investments and of persons", said Benedict Oramah, president of Afreximbank, in statements reported in the release.
"I commend Afreximbank’s management for their commitment to supporting the main players of the intra-African trade and to driving the development of the continent", Enrique Segura, president of the administrative board of Securiport group, responded.
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
Efforts to reinforce health systems are gaining pace across Africa, with this week’s developments fo...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...
ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...
Event to promote crafts, innovation and regional cooperation Fair expected to boost market access and partnerships for artisans Côte d’Ivoire has...
World Bank backs $1.02 billion Congo Basin forestry program Initiative targets jobs, sustainable management and emissions reduction Project aims...
Guinea adopts $7.3 billion budget for 2026, up 18.3% Plan targets growth, fiscal discipline and Simandou 2040 program Economy expanding but...
IMF, Rwanda reach staff-level agreement on 38-month ECF program Plan targets macro stability, fiscal management and private sector growth Economy...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...