Elizabeth Littlefield, President and CEO of the Overseas Private Investment Corporation (OPIC), recently discussed the US led post-Ebola recovery efforts, mentioning the innovative partnership between PACG and USAID.
Kenya Tea Development Agency (KTDA) has established a new venture, Chai Power Limited, in partnership with GridX Africa Development Limited, to deploy 12 MW of solar photovoltaic capacity across its tea-farming operations in Kenya. Under the agreement, GridX will develop and finance the first phase of the project — committing around US $10 million to support the rollout. The venture structure gives GridX a minority stake, while KTDA and its energy arm retain majority ownership and manage the assets. Read more…
International Bank (Liberia) Limited (IBLL) is strengthening its support for Liberia’s small and medium-sized enterprises (SMEs) through a combination of digital innovation, tailored financing, and community-focused initiatives. The bank’s strategy aims to empower local businesses, improve financial inclusion, and foster sustainable economic growth. Read more…