Masdar Advances 10GW Africa Growth Plan To Unlock Energy Transition In Six Sub-Saharan Nations
Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE’s clean energy leader, in support of the clean energy transition across the continent. The announcements were made during the United Nations Climate Change Summit (COP28) taking place in the UAE and will support […]
Nigeria: African Development Bank and FSDH Merchant Bank sign $20 million Trade Finance Agreement to support Small and Midsize Enterprises (SMEs) and Corporates
The African Development Bank (www.AfDB.org/en) has signed a $20 million Trade Finance Facility Agreement with FSDH Merchant Bank to support small- and medium-sized businesses in Nigeria’s industrial and manufacturing sectors. The facility consists of a $15 million Trade Finance Line of Credit to support SMEs and indigenous corporates and a $5 million Transaction Guarantee to […]
New Development Bank Returns To South African Bond Market, Once Again Trusting Standard Bank In Its Capacity As Co-Arranger
Africa’s largest bank by assets, Standard Bank, has been appointed by the New Development Bank (“NDB”) as the debt capital market co-arranger for their second local currency bond issuance. NDB has raised R1.3 billion in its latest oversubscribed bond auction, bringing the cumulative total volume raised to R2.8 billion since its debut in the South […]
Focus On People To Boost Africa’s Climate Resilience
Investments in Africa’s infrastructure can make people and communities far more resilient to the threats posed by climate change, a new report says. Traditionally, financiers and developers have focused on risks to infrastructure such as transport, water and energy systems when considering climate resilience (being able to cope with threats such as extreme heat and […]
Must-See National Parks This Holiday Season
Tis’ the season once again, and for South Africans this means outdoor entertaining, long school holidays – and the chance to get out into our wild backyard. If you’re looking for a getaway that’s close to home and allows you to relax, unwind, and discover new experiences, then this country’s beautiful array of national parks […]
Burundi: Construction begins on agri-food training centre, with funding by African Development Bank
On 26 October 2023 in Gitega, the East African Community, the Burundian government and the African Development Bank (www.AfDB.org) Country Office in Burundi officially launched the Agropastoral Entrepreneurship and Professional Development Project for Youth and Women. The initiative will involve the construction of a regional polytechnic and vocational training centre in Rusi, in Karuzi Province, […]
Young Entrepreneurs From Ten African Countries To Converge In Rwanda For Africa’s Largest High School Entrepreneurship Competition
The prestigious JA Africa Company of the Year Competition (COY), Africa’s largest high school entrepreneurship competition, is set to return for the 13th edition. Kigali, Rwanda, will take center stage for this highly anticipated event, scheduled to take place from the 6th to 8th December, themed “Breaking Barriers.” COY is the culminating event for JA’s […]
Seventy-Eight (78) Food Systems Leaders graduate from AGRA’s Center for African Leaders in Agriculture (CALA) Programme
Today, 78 emerging leaders in food systems graduated from the Centre for African Leaders in Agriculture (CALA) programme hosted by AGRA (www.AGRA.org). The centre is an AGRA-led initiative, co-implemented by African Management Institute (AMI) and Policy Link. The 78 leaders drawn from the public, private sector and civil society were awarded with certificates, marking their […]
During Conference of the Parties (COP28) United Nations Industrial Development Organization (UNIDO) and International Islamic Trade Finance Corporation (ITFC) Forge Strategic Partnership for Sustainable Development
Mr. Gerd Müller, Director General of the United Nations Industrial Development Organization (UNIDO), and Eng. Hani Salem Sonbol, Chief Executive Officer of the International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-idb.org), have announced a renewed commitment to collaborate to advance the United Nations Sustainable Development Goals (SDGs). The Joint Declaration signed by both parties during the […]
Human Rights Day (December 10): Rugby as a Driving Force of Positive Changes in Africa (By Herbert Mensah)
By President of Rugby Africa (www.RugbyAfrique.com), Herbert Mensah. Sunday December 10 marks Human Rights Day. As the President of Rugby Africa, the continental governing body of rugby in Africa, I believe it is crucial for us to reflect on whether we, as a collective, cultivated environments that promote the fundamental rights for future generations regardless […]
