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Founder and Managing editor of The Africa Global Village

Africa Investments 

India commits $2 million as new partner in Africa Digital Financial Inclusion Facility to boost digital financial inclusion across Africa

Elwin Mandowa,
The Indian government will contribute $2 million to the Africa Digital Financial Inclusion Facility (ADFI), housed and managed by the African Development Bank, affirming its commitment to help break down barriers to the growth and uptake of digital financial solutions and accelerate financial inclusion in Africa. Globally recognised for the success of its digital public payments system that has transformed… Read More
Africa Investments 

2023 West Africa Economic Outlook: region’s economic growth falls but medium-term forecast suggests return to level above 4%

Elwin Mandowa,
West Africa experienced slower economic growth over the past year except for Cabo Verde, The Gambia, Guinea, Mali, and Niger, according to the African Development Bank’s 2023 West Africa Economic Outlook report. Launched on Thursday 27 July, the report assessed the economic performance of 15 West African countries, namely: Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea,… Read More
Africa Mali West Africa World 

Burkina Faso and Mali juntas back Niger coup leaders, issue war warning

Elwin Mandowa, , , , , , , ,
Niger coup leaders are getting backing from colleague military juntas in Burkina Faso and Mali following a threat of force from the regional bloc ECOWAS if they don’t re-instate President Mohamed Bazoum. Burkina Faso and Mali who share border with Niger say any attempt to use force to have Bazoum restored will be seen as a declaration of war on… Read More
Africa Investments 

East Africa Regional Economic Outlook 2023: Mid-term growth for East Africa region projected highest on the continent for 2023-4

Elwin Mandowa,
East Africa will register the highest regional economic performance on the continent in 2023 and 2024, with growth figures at over 5 percent, according to the newly published African Development Bank 2023 East Africa Economic Outlook. The report, launched on Thursday 27 July, projects mid-term economic growth in the region to accelerate to 5.1% in 2023 and 5.8 % in… Read More
Africa Ghana West Africa World 

Ghana criminalises witchcraft accusations and abuse of victims

Elwin Mandowa, , , , , , , ,
For centuries most African countries including Ghana have struggled with the practice of witchcraft accusations. Often elderly women risk banishment, physical abuse and sometimes lynched once they are accused of being a witch. Ghana’s parliament last Friday passed a bill into law to protect such vulnerable people. The new law makes witchcraft accusation and the abuse of victims a crime.… Read More
Africa West Africa World 

ECOWAS threatens force, sanctions against Niger coup leaders

Elwin Mandowa, , , , , ,
ECOWAS leaders have threatened sanctions and the possible use of force against Niger’s coup leaders if they fail to reinstate ousted President Mohammed Bazoum. The West African leaders held an emergency meeting in Abuja, Nigeria on Sunday where they settled on punitive measures against Niger’s new military leaders. The coup leaders could face financial and travel sanctions and a no-fly zone… Read More
Africa Investments 

Global icons Akinwumi Adesina, Ngozi Okonjo-Iweala, and Amina Mohammed receive prestigious Nigerian diaspora awards

Elwin Mandowa,
African Development Bank Group President Dr Akinwumi Adesina has been honoured by the Nigerians in Diaspora Commission (NIDCOM) with the prestigious National Diaspora Merit Award in recognition of his selfless service and contributions as a Nigerian Diaspora Global Icon. Other recipients in the Global Icon category are United Nations Deputy Secretary General Amina J. Mohammed, and Director General of the… Read More
Africa West Africa World 

ECOWAS leaders to hold emergency meeting over Niger coup

Elwin Mandowa, , , , , ,
West African leaders will be holding an emergency summit on Sunday to discuss the coup that took place in Niger this week. “The ECOWAS Leaders will be considering and discussing the political situation and recent developments in Niger during the Extraordinary Summit,” a statement from the ECOWAS secretariat said. Nigerian President Bola Ahmed Tinubu, who also chairs the Authority of… Read More
Africa Investments 

African Development Bank, UN Environment Programme, partner to drive implementation of Kunming-Montreal Global Biodiversity Framework in Africa

Elwin Mandowa,
The African Development Bank is joining forces with the United Nations Environment Programme to advance implementation of the Kunming-Montreal Global Biodiversity Framework in Africa (KMGBF). The framework sets out an ambitious pathway to reach the global vision of a world living in harmony with nature by 2050. The African Development Bank and UNEP will partner to establish an Expert Group… Read More
Africa Investments 

African Development Bank achieves global first: Issues highest rated hybrid capital by a multilateral development bank

Elwin Mandowa,
The African Development Bank Group has received global recognition for its inaugural hybrid capital issuance, positioning the Bank as a pioneer in innovative sustainable financing. The S&P Global Ratings assigned an AA-rating to the debut transaction, the highest rating for hybrid capital. The proposed issuance would be the first ever by a multilateral development bank. Hybrid capital will have a… Read More
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