- Commodities Weekly - Framing tariff-induced stagflation risks
- African Private Capital Fundraising Doubles to $4bn in 2024
- The Rise of Contemporary African Art in a Global Market - Marelize van Zyl
- 21st Edition Connected Banking Summit – Innovation & Excellence Awards 2025
- Afreximbank delivered exceptional 2024 financial performance
Trump Terminated Power Africa, an Initiative to expand electricity in Africa
LONDON (Capital Markets in Africa) – The Trump administration has terminated Power Africa, a U.S. initiative launched in 2013 under President Barack Obama to enhance electricity access across Africa. This decision aligns with broader federal budget cuts aimed at reducing government spending. Power Africa, managed by the U.S. Agency for International Development (USAID), aimed to bring electricity to tens of millions of African households, addressing critical infrastructure gaps across the continent. Since its inception, the program…
Read More