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The power-sharing agreement between President Mwai Kibaki and his new Prime Minister Raila Odinga has been near universally applauded as a solution to the country’s post-election problems and is seen as the key to unblocking finance and projects (AE 132/20, 131/21, 130/1).

Currency volatility is adding to concerns about the economy’s ability to weather the power supply crisis, according to bankers canvassed by African Energy (AE 133/24, 132/1)

A $200m naira-linked loan for Nigerian energy player Oando has set a series of benchmarks, writes Kevin Godier.

COTE D’IVOIRE: ADB post-conflict funds; RWANDA: World Bank funding; TOGO: World Bank arrears deal

EGYPT: EIB loan will help launch Egyptian Refining Co project; UGANDA: New oil and gas policy; TANZANIA: Heads roll over power scandal

The European Investment Bank is appraising a $75m loan for the second phase of MagIndustries’ Kouilou project, involving the development of a potash solution mining field and the construction of a potash processing plant (AE 124/2).

The European Investment Bank has launched its first international bond issue denominated in Zambian kwacha.

AfDB: Support for BOAD; EU to fund rural electrification; Lighting Africa finalists; AFC membership, power initiative

Afrinvest name change; Maputo port investment; First Quantum financing; PA bond issue

AfDB – first private equity investment in Maghreb; CADF $90m for four projects; US EX-IM Sub-Saharan Africa Advisory Committee

Caution remains the watchword, but continuing crisis means financial markets analysts are producing increasingly gloomy outlooks for the Kenyan economy and its corporate champions, write Kevin Godier and Jon Marks.

The World Bank Group has approved a $41.05m loan towards the financing of a planned interconnection between Ethiopia and Sudan as part of the Nile Basin Initiative. The loan to the Ethiopian government will help it finance its portion of the interconnector. The transmission line will run between the Ethiopian towns of Bahir-Dar and Metema, and up to the border with Sudan to connect the countries’ grids.

In Nairobi, regional risk mitigation specialist The African Trade Insurance Agency (ATI) has remained open for the political and commercial cover that it provides for trade within Africa. “We are all well and the office is open and functioning normally, as the disturbances were localised and not in the main business areas,” said chief executive officer Peter M Jones. “

A private equity fund whose biggest investor is Saudi business tycoon Prince Alwaleed is raising money to invest a total of $500m in Africa across a range of sectors, writes Nadine Marroushi. Sectors including energy and mining, financial services, retail, manufacturing and telecoms will be targeted by the new Pan-African Investment Partners II private equity fund,

Nigerian fuel marketer Oando has secured a $100m credit facility from a consortium of foreign and local banks led by Standard Chartered to finance upstream exploration plans and the construction of an oil refinery. .