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Founder and Managing editor of The Africa Global Village

Africa World 

African leaders demand fulfilment of climate change pledges

Elwin Mandowa, , , , ,
– – Twenty four African leaders have urged wealthier nations to fulfil their aid pledges for tackling climate change. They contend that this will enable the African continent to enhance the fight against climate change effects for which it shares little blame. The African ministers made the demand in a communique at the close of a three-day forum in the… Read More
Africa Investments 

Egypt, African Development Bank Group sign memorandum of understanding on the hosting of the 2023 Annual Meetings in Sharm El Sheikh

Elwin Mandowa,
The Government of the Arab Republic of Egypt and the African Development Bank Group on Monday signed a memorandum of understanding on the hosting of the Bank Group’s 2023 Annual Meetings in May next year. The meetings, which comprise the 58th annual assembly of the African Development Bank and the 49th meeting of the African Development Fund—the African Development Bank… Read More
Africa Investments 

Meet the African Development Bank’s new Executive Directors, including five women

Elwin Mandowa,
The African Development Bank has welcomed 12 new Executive Directors, including five women, for a three-year term. The President of the African Development Bank Group, Dr. Akinwumi Adesina, welcomed the new representatives of the 20-member Board of Directors. They officially joined the Board on 1 August 2022, and began a four-day induction programme on 1 September 2022 to familiarize themselves… Read More
Africa Investments 

Africa loses up to 15% of its GDP per capita annually because of climate change –African Development Bank Acting Chief Economist Kevin Urama

Elwin Mandowa,
Africa has been losing from 5 to 15% of its GDP per capita growth because of climate change and its related impacts, but needs about $1.6 trillion between 2022 and 2030 to meet its nationally determination contributions, says African Development Bank Group Acting Chief Economist and Vice President Kevin Urama. Speaking at a panel discussion—titled “African Countries Ownership in Determining… Read More
Africa Investments 

African Development Bank's support to propel Cabo Verde’s efforts to become regional ICT hub

Elwin Mandowa,
Cabo Verde is on course to becoming a regional ICT hub, thanks to the country’s investment in a digital transformation vision, with active support from the African Development Bank. The first phase of construction of the Cabo Verde Technology Park’s main buildings, which is funded by the African Development Bank, is 85% complete and will be ready before year-end, officials… Read More
Africa East Africa World 

Kenya: Local media oppose exclusion from Ruto’s inauguration coverage

Elwin Mandowa, , , , , , ,
– – The local media in Kenya are up in arms against organizers of Tuesday’s presidential inauguration ceremony over arrangements for coverage. The communications team of Kenya’s President-elect William Ruto has barred local media from covering the presidential inauguration, offering exclusive broadcast rights to Multichoice Kenya Ltd, an affiliate of a South African pay-TV group. Local broadcasters have been asked… Read More
Africa Investments 

African Development Bank Development Evaluation Week 2022

Elwin Mandowa,
What:      African Development Bank Development Evaluation Week 2022 Who:       Independent Development Evaluation (IDEV) African Development Bank When:     28-30 September 2022 Where:    Online (https://idev.afdb.org/en/afdb-evaluation-week-2022 ) Independent Development Evaluation (IDEV) at the African Development Bank will host the 2022 edition of its flagship Evaluation Week on the theme, “Building a stronger and more resilient Africa.” Evaluation Week 2022 will… Read More
Africa Investments 

ADFI-Pula Webinar II

Elwin Mandowa,
What:      Webinar Who:       African Development Bank, Africa Digital Financial Inclusion facility (ADFI), Pula Advisors, Ministry of Community Development and Social Services, Government of Zambia When:     29 September 2022; 15.00-16.15 (GMT) 16.00-17.15 (WAT), 17.00-18.15 (CAT), 18.00-19.15 (EAT) Where:    Virtual – REGISTER HERE Join senior experts from the African Development Bank, the Africa Digital Financial Inclusion Facility (ADFI), the Ministry of Community… Read More
Africa Investments 

The African Development Bank issues EUR 1.25 billion 2.25% 7-year Global Benchmark Social Bond due 14 September 2029

Elwin Mandowa,
On Wednesday 7th September 2022, the African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch) / AAA (Japan Credit Rating), launched and priced a new EUR 1.25 billion 7-year Global Benchmark transaction, in a Social Bond format, due 14 September 2022. The bond pays a coupon of 2.250% with a re-offer yield of 2.310%. The new… Read More
Africa Investments 

A new report signals progress on African countries’ efforts toward readiness for green growth

Elwin Mandowa,
The African Development Bank and the Global Green Growth Institute (GGGI have launched a report analysing  the readiness of seven countries – Morocco, Tunisia, Kenya, Rwanda, Senegal, Gabon and Mozambique – to drive green growth. The joint report was launched on the sidelines of Africa Climate Week, in Libreville, Gabon. It assessed the status and trends of green growth as… Read More
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