Does Africa Need A Climate-Centric Financial Architecture?
By Funmi Dele-Giwa, General Counsel & Head of GRC and Group Company Secretary at Onafriq At the recently concluded COP28 climate summit in Dubai, African financial and political leaders spoke extensively about the role of finance in shaping Africa’s future, particularly regarding climate and the environment. Of particular note was the call by Wale Shonibare, Director for […]
AgriFI And Seedstars Africa Ventures Invest USD 3.7 Million In Shamba Pride To Boost Quality Agri Input Distribution In Kenya
EDFI AgriFI – the EU Agriculture Financing Initiative – and Seedstars Africa Ventures announce a strategic pre-series A investment of USD 3.7 million in Shamba Pride, a pioneering Agri SME based in Kenya. As part of the arrangement, EDFI Agrifi will provide a long term loan of $2 million, to foster sustainable development and economic […]
SAIPEC 2024 Bigger Than Ever
Africa’s biggest petroleum conference, the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) is back. The eighth edition of SAIPEC returns to the Eko Convention Center in Lagos from 13-15 February 2024. This premier industry event is hosted by the Petroleum Technology Association of Nigeria (PETAN) in strategic partnership with the Nigerian Content Development & […]
Follow every minute of AFCON while competing for up to 180,000 prizes with Opera Mini’s new Shake and Win
OSLO, Norway, 23 January, 2024 -/African Media Agency(AMA)/- Global web innovator Opera is ready to follow the Africa Cup of Nations (AFCON) with a new edition of its popular “Shake and Win.” Kicking off today, the campaign will run for four weeks in Kenya, Nigeria, and South Africa and feature over 180,000 prizes. With exciting new […]
The Rollout of the World’s First Malaria Vaccine began in Cameroon on Monday
It’s said to be a “transformative chapter in Africa’s public health history”. The RTS,S vaccine – 662,000 doses of it – will be administered to children in the west African country, the first to be vaccinated after successful trials of the drug in Ghana, Kenya and Malawi between 2019 and 2021. It marks a scaling […]
The US Begins its Charm Offensive in Africa
United States Secretary of State Antony Blinken on Monday said the US is committed to deeper relations with Africa despite global crises as he opened a four-country tour of the continent. Blinken is touring four democracies on the Atlantic Coast – Cape Verde, Ivory Coast, Nigeria and Angola – as security deteriorates in the Sahel […]
UNSG Says Security Council Ready to Give Africa a Seat at the Table
Antiono Guterres addressed the third summit of a group of developing countries known as Group of 77 in Uganda’s capital. “[…] in recent declarations, public declarations, I’ve seen the permanent members being favourable to at least one African permanent member, the United States said so. The Russian Federation said so. China has been positive in […]
Dangote Refinery Authorizes Fuel Supply to Fuel Stations Nationwide
About 150,000 fuel stations run by the Independent Petroleum Marketers Association of Nigeria (IPMAN) have been sanctioned to receive fuel supplies from the newly built private Dangote refinery. This was disclosed after a meeting between the officials from the Dangote refinery and executives of IPMAN. Fuel cost after the supply still remains unknown as there […]
Nigeria’s Tough Stance on Plastic
Nigeria’s Lagos state says it’ll immediately start implementing a ban on Styrofoam and other single-use plastics. Lagos’s environment commissioner Tokunbo Wahab said non-biodegradable plastics were a major pollution problem and were clogging drains. State officials say they’ll use a dormant 2009 law to fine or jail culprits. Lagos is one of Africa’s most populous cities. […]
Somalia has a Friend in Egypt
Egypt’s president said on Sunday it will not allow any threat to Somalia, after Ethiopia said it would consider recognizing an independence claim by Somaliland in a deal that would give it access to a seaport. The remarks by President Abdel Fattah el-Sissi were the strongest yet made on the issue by Egypt, which already […]
