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Simbi Wabote’s Legacy in Nigerian Content Development and Africa Oil and Gas (By NJ Ayuk)

Simbi Wabote’s Legacy in Nigerian Content Development and Africa Oil and Gas (By NJ Ayuk)

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) Earlier this month, the African energy sector learnt of Simbi Wabote’s replacement from his position as executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB). He was appointed to the position by President Muhammadu Buhari in September 2016. Wabote’s abrupt exodus (which was not […]

VFS Global appointed to administer United Kingdom Government visa and passport service in 142 countries, encompassing regions including Africa

VFS Global appointed to administer United Kingdom Government visa and passport service in 142 countries, encompassing regions including Africa

VFS Global (www.VFSglobal.com) becomes the service provider for all UK Visa and Citizenship Application Centres overseas – operating across 142 countries; estimated to manage 3.8million applicants every year, VFS Global is now opening UK application centres in 84 new countries during 2024; new contract will also see significant investment in technology to improve the customer experience, […]

Rwanda and European Investment Bank agree new Critical Raw Materials investment partnership

Rwanda and European Investment Bank agree new Critical Raw Materials investment partnership

Rwandan President Kagame and European Commission President von der Leyen witness agreement; Rwanda first country in Africa to partner with EIB (www.EIB.org) to unlock critical raw materials investment; New cooperation will strengthen cooperation to identify investment opportunities, scale up investment in critical raw material supply chain and increase recycling. Rwanda and the European Investment Bank […]

The Meltwater Entrepreneurial School of Technology (MEST) Africa Unveils Top 5 Startups Vying for $50K Equity Prize in 2023 MEST Africa Challenge

The Meltwater Entrepreneurial School of Technology (MEST) Africa Unveils Top 5 Startups Vying for K Equity Prize in 2023 MEST Africa Challenge

The MEST Africa Challenge (MAC) (MeltWater.org), an Africa-wide pitch competition for early-stage technology startups, is proud to announce the top 5 Regional Winners who will compete for the grand prize of $50,000 in equity. These startups have emerged victorious after rigorous pitch sessions, beating out 40 competing startups from Ghana, Kenya, Nigeria, Senegal, and South […]

Shaping tomorrow’s investments: A triumph of collaboration at the Africa Early Stage Investor Summit 2023

Shaping tomorrow’s investments: A triumph of collaboration at the Africa Early Stage Investor Summit 2023

The Africa Early Stage Investor Summit 2023, concluded with resounding success, bringing together 350+ investors, founders, and industry leaders from across the continent. The two-day summit, organized jointly by VC4A (www.VC4A.com)&African Business Angel Network (ABAN), serves as the pivotal platform for robust discussions, networking and collaboration, propelling the African early-stage investment landscape forward. “AESIS connects […]

Malawi: African Development Bank approves USD 7 million Trade Finance Transaction Guarantee Facility for NBS Bank to support Small and Medium-size Enterprises and local corporates

Malawi: African Development Bank approves USD 7 million Trade Finance Transaction Guarantee Facility for NBS Bank to support Small and Medium-size Enterprises and local corporates

The Board of Directors of the African Development Bank Group (www.AfDB.org) on Monday, 4 December 2023 approved a USD 7 million Trade Finance Transaction Guarantee facility for NBS bank in Malawi to support small businesses. This facility will provide 100% guarantee to international confirming banks (CBs) for the non-payment risk taken on NBS’s trade finance […]

Burkina Faso Solar Grandmothers initiative: Global Green Growth Institute’s (GGGI) contribution to the rural energy transition process

Burkina Faso Solar Grandmothers initiative: Global Green Growth Institute’s (GGGI) contribution to the rural energy transition process

History of the “Solar Grandmothers” initiative During the India-Africa Forum held in New Delhi in April 2008, an agreement was reached between the Government of India and the African Union (AU) Commission on pan-African projects for the establishment of regional Barefoot College Training Center in Africa. This was followed by solar energy training for rural […]

Multinational: African Development Bank’s Sustainable Energy Fund for Africa (SEFA) to provide $9.72 million to modernise the African Hydropower Fleet

Multinational: African Development Bank’s Sustainable Energy Fund for Africa (SEFA) to provide .72 million to modernise the African Hydropower Fleet

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) (www.AfDB.org/SEFA) has approved a $9.72 million grant to scale up the Africa Hydropower Modernisation Programme (AHMP), a one-stop shop that overhauls African hydropower systems to enhance their reliability and flexibility. With this new funding, AHMP will expand the modernisation of a pipeline of 12 private-sector-led projects […]

Breaking: Ruto, Weah, Kikwete, Others Emerge Winners in African Persons of the Year Awards 2023

Breaking: Ruto, Weah, Kikwete, Others Emerge Winners in African Persons of the Year Awards 2023

The President of Kenya, William Ruto, alongside President George Weah of Liberia and former President Jakaya Kikwete of Tanzania, have emerged the winners of the 12th African Leadership Magazine (ALM) Persons of the Year Awards 2023 (https://www.AfricanLeadershipMagazine.co.uk/), following the 2-step selection process which included a call for nominations and an online voting poll that closed […]

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