Dangote Refinery Receives Its Maiden Crude Cargo
In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote (www.Dangote.com) Petroleum Refinery and Petrochemicals plant has purchased 1 million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria as well as globally, trading over 8 […]
Conference of the Parties (COP28): African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) grants $1.8 million to boost entrepreneurship skills for thousands of women in partnership with Export Trading Group
The African Development Bank Group’s (www.AfDB.org) Affirmative Finance Action for Women in Africa (AFAWA) and Export Trading Group have signed a technical assistance agreement of $1.8 million to strengthen women’s skills in entrepreneurship in four countries. Leadership from both organizations took part in a signing ceremony held Tuesday December 5th on the sidelines of the […]
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 […]
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, […]
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 […]
African Economic Conference 2023 ends with a call to African countries to invest in regional value chains to facilitate industrialization
L-R: Adam Elhiraika, Director, Macroeconomics and Governance Department, ECA; Kevin Urama, Chief Economist and Vice President, AfDB; Matthias Naab, Director, Regional Service Centre, UNDP Regional Office for Africa, at the AEC 2023 closing ceremony. ADDIS ABABA, Ethiopia, 8 December 2023 -/African Media Agency(AMA)/- The African Economic Conference has ended with a call to African nations to invest in […]
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 […]
Rugby: Cape Town is the second round of HSBC SVNS 2024, featuring the top 12 men’s and 12 women’s teams in the world
The stage is set for HSBC SVNS Cape Town on 9-10 December at DHL Stadium as the world’s best 12 men’s and women’s rugby sevens teams are ready to showcase their incredible talents on the pitch. Meanwhile a huge entertainment line-up, including live music, mass- participation sports activities and food from around the globe will […]
Tony Elumelu Convenes Global Leaders and Calls for Immediate Climate Action for Africa at Conference of the Parties (COP28) in Dubai
Tony Elumelu Foundation (https://www.TonyElumeluFoundation.org) Hosts US Administration, WTO, UNDP, IFC, UNICEF, Rockefeller Foundation Leaders; Champions equitable partnerships to catalyse a new generation of green entrepreneurs; Announces partnership to fund young African entrepreneurs in Green sector with Ikea Foundation, Dutch Government, and UNICEF Generation Unlimited; Secures commitments to support Africa’s youth to drive climate resilience from World […]
