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Industry 'advisory board' appointed to enforce prompt payments to suppliers

Leading UK businesses have been appointed to enforce and raise awareness of the Prompt Payment Code, an industry-led initiative which aims to ensure that suppliers are paid on time and treated fairly. 30 Oct 2014

Bank’s geothermal guarantee for Kenya will encourage private financing for renewable energy expansion

The African Development Bank (AfDB) has approved a $12.7 million partial risk guarantee (PRG) to “ease investor risk” for the initial phase of a major geothermal project in Kenya. 30 Oct 2014

New line of credit fuels ‘pipeline of infrastructure projects’ in East Africa

The African Development Bank Group (AfDB) has approved a $40 million 10-year line of credit for a series of projects including infrastructure and manufacturing in the East African Community countries of Kenya, Rwanda, Tanzania and Uganda.  29 Oct 2014

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