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Conference of the Parties (COP28): Norway bolsters Africa’s climate defenses with $6.5 million disaster financing pledge to African Development Bank

Conference of the Parties (COP28): Norway bolsters Africa’s climate defenses with .5 million disaster financing pledge to African Development Bank

Norway has announced a financial commitment of 70 million Norwegian Krone ($6.5 million) for an African Development Bank Group (www.AfDB.org) programme to boost Africa’s resilience and responsiveness to climate shocks. With the pledge, Norway becomes the fifth country to join the Bank Group’s Africa Disaster Risk Financing Programme (ADRiFi) Multi-Donor Trust Fund, which bolsters sovereign […]

African Development Bank and the International Committee of the Red Cross join hands to advance sustainable solutions in conflict-affected settings

African Development Bank and the International Committee of the Red Cross join hands to advance sustainable solutions in conflict-affected settings

The African Development Bank (www.AfDB.org) and the International Committee of the Red Cross (ICRC) today signed a Memorandum of Understanding to jointly address humanitarian and development challenges in Africa, elevating a partnership between the two institutions. The signing, which took place on the sidelines of the Global Refugee Forum, marks an important milestone in a […]

UnitedMasters and the National Basketball Association (NBA) to Expand Collaboration across Africa

UnitedMasters and the National Basketball Association (NBA) to Expand Collaboration across Africa

UnitedMasters and the National Basketball Association (NBA) (https://www.NBA.com) today announced plans to expand their existing collaboration across Africa by leveraging the popularity of music, basketball and the NBA on the continent to showcase African musicians and positively impact African youth. UnitedMasters’ collaboration with NBA Africa will empower independent musicians by providing UnitedMasters artists with the […]

Exploring the Role of Black Leaders in Catalyzing Social Change

Exploring the Role of Black Leaders in Catalyzing Social Change

Black activists have played a key role in founding and leading impactful nonprofits globally, dedicating their lives to advocating for social justice and fostering positive transformation within their communities. The Global Black Impact Summit (GBIS) (www.GlobalBlackImpact.com) – taking place on February 27 in Dubai – will shine a spotlight on notable individuals within the Black […]

Agent service fees reach all-time high in 2023

Agent service fees reach all-time high in 2023

In 2023, clubs paid USD 888.1 million in agent service fees, the highest-ever amount and an increase of 42.5% on 2022; For the first time, clubs in women’s professional football spend more than USD 1 million in agent service fees; English clubs were the number-one spenders by far, with a combined total of more than […]

Africa’s Hunger Crisis Intensifies: IFRC Warns Against Crisis Fatigue

Africa’s Hunger Crisis Intensifies: IFRC Warns Against Crisis Fatigue

In response to the growing hunger crisis across sub-Saharan Africa, the International Federation of the Red Cross and Red Crescent Societies (IFRC) is amplifying its call to action amidst growing concerns of crisis fatigue. To this end, the IFRC has revised its funding appeal to 318 million Swiss Francs, now aiming to reach 18 countries.  More […]

Multigate Obtains Regulatory Approval For Remittances To Kenya

Multigate Obtains Regulatory Approval For Remittances To Kenya

A licensed treasury management technology company that delivers secure and innovative digital solutions to address the complex financial needs of corporates and financial institutions, has recently achieved another significant milestone in its expansion efforts by obtaining regulatory approval for remittances into Kenya.  This achievement results from Multigate’s continued dedication to compliance and regulatory requirements and […]

Chad Travel Guide

Chad Travel Guide

Travel & Tourism Expensive, remote, and sometimes dangerous outside the capital, Chad can be a very challenging place to visit, but by investing in the effort and taking safety precautions, travelers may gain a memorable tourism experience. Located in the heart of Africa, Chad is known for its stark expanses of savanna dotted with traditional […]

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