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Founder and Managing editor of The Africa Global Village

Africa Investments 

African Development Bank Group to launch 2023 African Economic Outlook (AEO) Report at the Bank’s Annual Meetings

Elwin Mandowa,
What:             Launch of the 2023 African Economic Outlook (AEO) report Who:              African Development Bank President Akinwumi Adesina; African finance ministers and central bank governors; and international development partners When:           Wednesday, 24 May, 14.00 – 15.30 Egypt time (GMT+3) Where:          The Capital, Sharm El Sheikh International Convention Centre and online The African… Read More
Africa Investments 

African Development Bank debars Goldsun Investments Company Limited for 24 months for Fraudulent Practices

Elwin Mandowa,
The African Development Bank Group, on 9 May 2023, announces a 24-month debarment of Goldsun Investments Company Ltd. with effect from 31 January 2023. Goldsun Investments Company Ltd. is a limited liability company registered in the Republic of Kenya. An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Goldsun Investments Company Ltd. engaged in fraudulent practices… Read More
Africa Investments 

Côte d’Ivoire: Viviane, a young graduate swearing by agriculture to achieve her dreams

Elwin Mandowa,
Viviane Kakou, who has a master’s degree in geography, didn’t want to spend her career in an office. She chose agriculture out of passion. Thanks to the African Development Bank, her dream of becoming an agricultural entrepreneur is taking shape.  “When I was studying for my degree,” she explains, “I was working on the rural economy among women in Afféry,… Read More
Africa Investments 

Togo: Women now give birth under better conditions in many localities thanks to the African Development Fund and the European Union's support

Elwin Mandowa,
Togo: Women now give birth under better conditions in many localities thanks to the African Development Fund and the European Union’s support | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More
Africa Investments 

Mauritius: African Development Bank Group approves $110 million loan to prop up electricity infrastructure

Elwin Mandowa,
On Wednesday, 24 April 2023, the Board of Directors of the African Development Bank Group approved a $110 million loan to Mauritius to bolster the country’s electricity infrastructure. Mauritius will use the funds to build four new Gas-Insulated Switchgear (GIS) substations and rehabilitate six existing outdoor substations with indoor GIS technology. The project will improve the capacity and stability of… Read More
Africa North Africa Sudan World 

Mediators seek end to the fighting in Sudan with talks in Saudi Arabia

Elwin Mandowa, , , , , ,
Envoys from Sudan’s warring parties traveled to Saudi Arabia for talks as mediators hope it will bring an end to a three-week old conflict. The conflict has resulted in the death of hundreds of people with thousands fleeing for safety. The U.S.-Saudi initiative is the first serious attempt to end fighting between the army and the paramilitary Rapid Support Forces… Read More
Africa Investments 

Inclusive growth and sustainable development in Africa: a major task for regional development banks

Elwin Mandowa,
The average annual GDP (Gross Domestic Product) growth in Africa was 3.4% between 2010 and 2021, according to African Development Bank data. This is well below the targeted yearly average growth of 7%. Combined with population growth, GDP per inhabitant has barely changed.   At the same time, average purchasing power in Africa has deteriorated due to inflation, which has accelerated… Read More
Africa North Africa Sudan World 

US government to impose sanctions on Sudan

Elwin Mandowa, , , , , , , ,
The US President Joe Biden has issued an executive order authorising sanctions against Sudan. Sudan has been plunged into a political crisis as rival army generals battle over control of the military government. Mr. Biden who has called the violence a tragedy and a betrayal of the Sudanese people said the fighting must end. The US president said the violence… Read More
Africa Featured Ghana World 

US visa fees increased effective May 30

Elwin Mandowa, , , , , , ,
Applicants seeking to secure a nonimmigrant US visas effective May 30, 2023 would have to pay more. In a statement, the US government has said fees for visas have now been increased from this month. “The fee for B1/B2 visas for business and tourist travel, F visas for international students, J exchange visitor visas, and other visa classes not requiring… Read More
Africa Investments 

African Development Bank welcomes Banga’s confirmation as World Bank chief

Elwin Mandowa,
African Development Bank Group president Dr. Akinwumi Adesina has congratulated former MasterCard CEO Ajay Banga for his election as head of the World Bank Group, saying he looks forward to working together with him to tackle current global challenges, including climate change. Banga, 63, was confirmed by the World Bank’s board of governors on Wednesday to serve a five-year term… Read More