Business and investment in

Africa

Africa is the 2nd continent on Earth in area with a great amount of natural resources. There are more than 50 countries with fast growing economies and 1.5 bln population here. Africa today offers big opportunities for business and investment.

Africa will receive more than $13 million for the development of electric transport

The Global Environment Facility has approved the allocation of $13.46 million for the Green Mobility Financing Facility for Africa, which is managed by the African Development Bank.

The funds, which include a $12.46 million soft loan and a $1 million technical assistance grant, will be used to support electric buses and two-wheeled vehicles, charging stations and battery replacement facilities.

AFRICA NEWS AGENCY