Africa Investments 

Rwanda to host 2022 World Circular Economy Forum in December, a first for Africa

The World Circular Economy Forum will, for the first time, take place on African soil in 2022, bringing together participants from around the world to absorb lessons from the continent and the wider global south toward building a more resilient and greener global economy. The Forum will be held from December 6-8, in Kigali, Rwanda. The 2022 World Circular Economy… Read More
Africa Investments 

‘We need action — now.’ Aswan Forum in Cairo opens with urgent call to action, eyes on ‘African COP’

The third Aswan Forum for Sustainable Peace and Development ended on Wednesday, with calls to tackle the multiple crises, new and old, facing the African continent. Egyptian President Abdelfattah El-Sisi launched the proceedings on Tuesday, with a call for a united response to the continent’s ills. He reminded the audience of ministers, development representatives, civil society groups, and others, that… Read More
Africa 

Burundian drummers keeping the old vibe alive

Twirling and singing, a stick in each hand, the performers are the custodians of a centuries-old ritual recognized by UNESCO, and one jealously guarded by the Burundian state. Too jealously guarded, according to some. “We beat the drum because it’s our life because it’s in our blood,” said their leader Oscar Nshimirimana, his face dripping with sweat after a spirited… Read More
Africa 

Climate change exacerbates illegal immigration-Experts

With the world food crisis worsening due to the ongoing war in Ukraine, the focus is now turning to Africa for solutions. However, experts say it is still too early as the continent is not ready. “It is well known that productivity, particularly among farmers, is very low. The green revolution that dramatically changed productivity and production, particularly in Asia… Read More
Africa 

Mali: Guterres ‘shocked and outraged’ by reports of civilian massacres

At the weekend, at least 100 civilians reportedly died when rebel militia attacked several villages in the Bandiagara region, close to Mopti. According to a statement issued earlier in the week by the UN peacekeeping mission in Mali, MINUSMA, several homes and shops were burned, and the attacks “also led to the forced displacement of several hundred civilians.” Dozens more were killed… Read More
Africa 

Candles lit as St Petersburg remembers WW2 invasion

Last updated: 2 hours ago Some 150 volunteers arranged 50-thousand candles in St Petersburg early on Wednesday to commemorate the 81st anniversary of Germany’s invasion of the Soviet Union. The installation comprised several symbolic images depicting various landmarks including the Admiralty and the Narva Triumphal Arch. It took about one hour to light the candles at midnight, with local residents… Read More
Africa Investments 

Botswana: Private sector development in Southern Africa region gets boost with approval of $30 million loan to Norsad Capital from African…

The Board of Directors of the African Development Bank Group today  approved a $30 million loan to Norsad Capital Limited, a Botswana-based impact investor, to finance agro-processing, healthcare, financial services, manufacturing, information & communication technology and education enterprises.  Through the funding, the Bank seeks to catalyze increased access to longer-term financing for businesses and to promote private sector development in… Read More
Africa Investments 

African Development Bank calls for strong investment in the youth at 2022 Commonwealth Business Forum

The 2022 Commonwealth Business Forum opened in Kigali, Rwanda, on Tuesday with a resounding call for action to do more to spur intra-Commonwealth trade, protect the environment and invest in young people for an equitable common future. African Development Bank President Dr. Akinwumi Adesina was one of several high-level speakers on a panel at the event. The forum—a run-up to… Read More
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