Solving The Climate Finance Equation For Developing Countries
To achieve net-zero emissions by 2050, it will be vital to mobilize sufficient capital to drive decarbonization in developing countries. As climate change indicators continue to break records and global temperatures and extreme weather events advance, the urgency to act to ensure a sustainable future is mounting.1 Achieving the goals of the Paris Agreement will require fundamental […]
African Development Bank approves $150 million Regional Trade Finance Unfunded Risk Participation Agreement facility for Eastern and Southern African Trade & Development Bank (TDB)
ABIDJAN, Côte d’Ivoire, 29 February 2024, /African Media Agency/-The Board of Directors of the African Development Bank Group has approved a $150 million Trade Finance Unfunded Risk Participation Agreement facility between the African Development Bank and Trade & Development Bank (TDB). The agreement is expected to boost intra-Africa trade, promote regional integration and contribute to […]
Women This Week: Female Genital Mutilation Protections At Risk Of Reversal In Gambia
Political and Religious Leaders Push to Decriminalize FGM Members of the Gambian National Assembly may soon propose legislation to decriminalize female genital mutilation (FGM), which was banned in the country eight years ago. Support for repealing the law is not only limited to parliament, as the Supreme Islamic Council has also issued a fatwa condemning anyone who denounces […]
The Sustainability Balancing Act Of Modern Mining
By Helen Lubamba: Stanbic Bank Zambia’s Head, Corporate & Investment Banking (CIB) Recently, Stanbic Bank Zambia, in collaboration with the Standard Bank Group, participated at the 30th Investing in African Mining Indaba in Cape Town, South Africa, themed: “Embracing the power of positive disruption: A bold new future for African mining.” This year’s event was designed […]
Unlocking Green Hydrogen For Sustainable Growth
In the pursuit of a cleaner and more sustainable future, the upcoming Hydrogen Forum will embark on hosting engaging discussions aimed at unlocking the potential of green hydrogen. This event, taking place on the 7th March 2024 at the CTICC in Cape Town, will explore technological advancements; unpacking a commitment to sustainable growth, environmental stewardship, and the global […]
Airtel Africa And Cisco Revolutionizes Secure Connectivity For Businesses In Africa With Network-As-A-Service Offering
Airtel Africa, a leading telecommunications service provider, today announces a ground-breaking expansion of its service portfolio in collaboration with Cisco. The strategic partnership aims to empower businesses to seamlessly embark on their digital transformation journey by offering Network-as-a-Service (NaaS) solutions across various service platforms. In today’s fast-paced digital landscape, Airtel Africa recognizes the growing need […]
IFC Announces 100 Women Start-ups To Receive Growth Support Through She Wins Africa
IFC today announced the names of 100 women-led startup owners selected to participate in the She Wins Africa program, an IFC-led initiative that aims to accelerate access to capital for women-led startups across sub-Saharan Africa. The selected women will participate in comprehensive interventions that will strengthen their companies’ investment readiness, include advice and mentorship, and […]
Why Reinsurance Is The Unsung Hero Of Consumer Protection
By Emeka Akwiwu, Group Executive Director, Continental Reinsurance Plc In the world of insurance, there’s a powerful yet often unseen force that plays a pivotal role in securing consumers’ financial wellbeing: reinsurance. At its core, reinsurance is a safeguard for insurance companies, allowing them to share and manage the risks they take on when insuring a […]
Unpredictable Global Trade Reveals The Benefits Of AfCFTA And Intra-African Trade As South Africa Celebrates Its First AfCFTA Export To Ghana
Amidst disruptions to traditional trade routes, unpredictable shipping times and soaring freight tariffs caused by the conflict in the Red Sea region, the opportunities the African Continental Free Trade Area (AfCFTA) agreement creates for the development of intra-Africa trade are becoming apparent, says Standard Bank. The African continent holds markets that connect 1.3 billion people […]
Nigeria has Imposed a Mandatory Annual Levy for Organisations Employing Expatriate Workers
The move is meant to encourage foreign companies to employ more Nigerian workers. Staff of diplomatic missions and government officials are exempt. President Bola Tinubu has warned that the levy should not be used to frustrate potential investors. He spoke while launching the Expatriate Employment Levy (EEL) handbook on Tuesday, adding that the government was […]
