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Founder and Managing editor of The Africa Global Village

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Reward GOFUND for Missing Kenyan student IRENE GAKWA in Wyoming, United States

ATLANTA (MaraviPost): Irene was last seen by her family on february 24th, 2022 on a video call. she had recently moved from boise, idaho to gillette, wyoming with her boyfriend at the time. although she was very independent, her family and friends became very concerned after not hearing from her and unusual responses to attempts to contact her and filed… Read More
Africa West Africa World 

Guinea’s ruling military proposes two-year transitional timeline

– – The ruling military in Guinea has now proposed to exit power in two years, according to government spokesman Ousmane Gaoual Diallo. This shorter timeline for a transition to elections of 24 months is a revision of the earlier a 36-month timeline. The regional body, the Economic Community of West African States (ECOWAS) had earlier rejected the 36-month transition… Read More
Africa Investments 

African Development Bank, United Kingdom and London Market Insurers enter new risk transfer partnership for climate action

The African Development Bank, the government of the United Kingdom and three globally recognized insurance companies have closed on a new and innovative risk sharing transaction known as the Room to Run Sovereign.   The Room to Run Sovereign transaction was structured with the intention of scaling up the African Development Bank Group’s commitments to climate finance by up to… Read More
Africa Investments 

Comoros: African Development Bank provides nearly €6 million to boost food production

The Board of Directors of the African Development Bank Group has approved a €5.76 million grant to the Comoros to increase food production and enhance the resilience of its food system.  The move comes as the country has experienced rising food prices due to the war in Ukraine. The grant funds will come from the African Development Bank’s Transition Support… Read More
Africa Investments 

Finance in Common: Let’s exploit the impetus around climate change to scale up agriculture – panelists

Development lenders in Africa can seize the current global crises as an impetus to help the continent significantly increase food production. This was a common conclusion of panelists at this year’s Finance in Common summit in Abidjan on Wednesday. Participants agreed that development partners should work with governments and other policymakers to bolster the resilience of private businesses, especially those… Read More
Africa Investments 

Finance in Common summit closes as COP 27 beckons, development bank heads call for action to close development finance gap in Africa

In advance of the 2022 United Nations Climate Change Conference (COP27) next month, public development banks meeting in Abidjan agreed on action points to tackle Africa’s climate finance gap. The third Finance in Common summit ended on Thursday amid calls on the delegates to turn their commitments to do more in development financing for Africa into actions. The African Development… Read More
Africa Business East Africa World 

Uganda’s Kasasa community gets savings and credit cooperative support

– – Members of the Ugandan Kasasa community are benefiting from a savings and credit cooperative support to improve their livelihoods. The project by the InteRoots Initiative, a Denver, United States-based nonprofit organization with supporters from around the globe, has provided nearly $500,000 in unrestricted funding to the community for the project. The savings and credit cooperative has over 120… Read More
Africa North Africa Sudan World 

Sudan: At least 151 people killed in renewed violence

– – Renewed clashes in Sudan’s Blue Nile state have led to the death of at least 151 people and left 86 others injured. Fighting erupted over recent days despite a peace deal signed in 2020 to end the conflict. Some of Sudan’s rebel groups in the western Darfur region and in Blue Nile and southern Kordofan had agreed to… Read More
Africa Business Ghana West Africa World 

Ghana: Traders suspend closure of shops over economic crisis

– – Ghanaian traders on Friday suspended their strike action over worsening economic crisis in the West African nation. On Wednesday the traders mostly in the capital, Accra closed their shops to protest the high cost of doing business and general economic hardship. The leaders of the striking traders had said the shops would remain closed until Monday, October 24,… Read More
Africa Investments 

Finance in Common Summit 2022: Five Public Development Banks sign Paris Gender Declaration

Five new public development banks have signed onto the Paris Development Banks Statement on Gender Equality and Women Empowerment Paris Development Banks Statement on Gender Equality and Women Empowerment. . The new signatories are CAF- Development Bank of Latin America; Development Bank of Rwanda; Cassa Depositi e Prestiti – Italian Investment Bank; Citizen Entrepreneurial Development Agency (CEDA); and the Dutch… Read More
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