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Founder and Managing editor of The Africa Global Village

Africa Ghana West Africa World 

Ghana’s power shutdown threat by producers called off after new deal

Elwin Mandowa, , , , , , ,
Ghana’s independent power producers (IPPs) on Friday called of an earlier threat to shutdown on Saturday. The producers were asking for the payment of a $1.58 billion debt owed them by the government. In late May, the IPPs rejected a government proposal to restructure the said debt as part of Ghana’s decision to seal a $3 billion loan deal from… Read More
Africa East Africa Featured World 

Kenya: At least 52 killed after truck rams into vehicles and hawkers

Elwin Mandowa, , , , , , ,
At least 52 people are now confirmed dead after a truck run into vehicles and hawkers at a busy junction in Kenya. The lorry carrying a shipping container reportedly lost control at Londiani Junction, near the western town of Kericho. The accident which took place on Friday evening. Police said in a statement that the truck “lost control and rammed… Read More
Africa Sports World 

Common Errors to Avoid When Selecting an Online Casino

Elwin Mandowa, , , , , , ,
Introduction Nowadays, more countries have voted to legalize it, contributing to the continuous boom in online gambling. Leagues and the mainstream media have jumped into the sports betting fray, and internet betting has flourished with new games. There are many online casinos available, and more are added every year. It might be challenging to choose a new casino if you… Read More
Africa Investments 

African Development Bank to make US$11 million equity investment in BluePeak Private Capital Fund

Elwin Mandowa,
The Board of Directors of the African Development Bank Group has approved an $11 million equity investment in BluePeak Private Capital Fund toward its $155 million target for final close. The investment advances the Bank’s goal of supporting mid-size firms, including in the pharmaceuticals, agribusiness, manufacturing, and logistics sectors, across Africa. BluePeak—a flagship  private capital fund domiciled in Luxembourg—will provide… Read More
Africa Investments 

Nigeria: African Development Bank approves $115m loan to Abia State for road rehabilitation, erosion control and solid waste management

Elwin Mandowa,
The Board of Directors of the African Development Bank Group has approved a loan of $115 million to support a major road rehabilitation project in Nigeria’s Abia State. The project will see the rehabilitation of roads, erosion control infrastructure and preparation of solid waste management facilities in the state capital, Umuahia, and the commercial hub, Aba. Financing for the project,… Read More
Africa Investments 

African Development Bank, African Securities Exchanges Association sign agreement for $600,000 grant to expand network of linked African stock…

Elwin Mandowa,
 AfDB Vice President Solomon Quaynor (left) and Thapelo Tsheole, ASEA’s President and CEO of the Botswana Stock Exchange, signed a grant agreement for $600,000 for the African Exchanges Linkage Project in Gaborone. The African Securities Exchanges Association (ASEA) and the African Development Bank Group on 28 June signed an agreement for a $600,000 grant to expand the number of linked… Read More
Africa Investments 

Italy contributes EUR 5.5 million to African Development Bank Group’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund, to foster job…

Elwin Mandowa,
 Carolyne Mwangi, CEO of Kimplanter Seedlings and Nurseries in Kenya, received a $100,000 grant and business growth training though the YouthADAPT Challenge, a program co-financed by the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund The African Development Bank has welcomed a contribution of EUR 5.5 million from Italy for its Youth Entrepreneurship and Innovation Multi-Donor Trust Fund. Italian officials announced… Read More
Africa Investments 

African Development Bank teams up with airplane manufacturers Airbus, ATR to boost African commercial aviation

Elwin Mandowa,
The African Development Bank has held workshops with aircraft manufacturers Airbus and ATR to explore ways of strengthening access to finance for African airlines. The sessions, held on 14 and 15 June, will support the Bank’s efforts to develop and adapt financing instruments to the continent’s aviation needs, boosting its air transport market. The workshops featured discussion of bank financing… Read More
Africa Investments 

Seminar on African Development Bank’s African Economic Outlook 2023 for Asian Audiences

Elwin Mandowa,
What:  Presentation of the African Development Bank’s African Economic Outlook 2023 (Asian markets) Who:  The African Development Bank Group and the Korea Institute for International Economic Policy (KIEP) When:  Wednesday, 12 July 2023; Time: 07:00-9:00 GMT | 08:00-10:00 London time | 12:30-14:30 (India Standard Time) | 15:00-17:00 (China Standard Time) | 16:00-18:00 (Japan/Korea Standard Time) Where:  KIEP headquarters, Sejong-si, Korea;… Read More
Africa Sports World 

The Pros and Cons of Different Types of Betting

Elwin Mandowa, , , , , , ,
Are you looking for an exciting way to make money? If so, then betting on sports and other events may be the perfect solution. Betting has become increasingly popular in recent years, with different types of betting available to suit all kinds of interests and budgets. In this article, we’ll look at the pros and cons of each type of… Read More