The African Development Bank (AfDB) plans to lend South African power utility, Eskom, approximately $720 million (R10 billion) in 2019 and 2020, according to the bank’s president Akinwumi Adesina.
South African (SA) business people are optimistic that last week’s annual investor road show in the US will bring benefits.
President Cyril Ramaphosa has welcomed the progress the G20 Africa Summit has made in line with its commitments last year.
Hilton Worldwide Holdings plans to more than double its hotels in Africa in the next five years by mainly striking deals with existing hotels for conversion into its brand, its chief executive says.
The United Nations Women Executive Director, Phumzile Mlambo-Ngcuka, says she will call for the acceleration of investment into various sectors in order for women’s lives to be changed.