Africa Investments 

African Development Bank Group supports Cabo Verde’s Investment Forum as it targets €2 billion in investments

The fourth edition of the Cabo Verde Investment Forum has successfully ended in Sal Island, with active support from the African Development Bank. The Forum, held from 16-17 June 2022, was set up to accelerate private and public financial sector investments to drive sustainable economic growth and job creation in Cabo Verde. The island nation’s prime minister, Dr. Ulisses Correia… Read More
Africa 

Jihadist massacre in Mali: locals call for state protection

A group of Malians demonstrated in the central city of Bankass on Tuesday (June 21) to demand state protection after more than 130 civilians were killed by jihadists in neighbouring villages. Mali suffered one of its worst civilian killings over the weekend, the latest in an ongoing series across the Sahel. According to the government, 132 civilians were killed by… Read More
Africa 

What are the stakes in DRC-Rwanda dispute over M23 rebel group?

The conflict between the Democratic Republic of Congo and its neighbors Rwanda and Uganda is long-standing. In the Great Lakes region discrimination and control over minerals have resulted in the creation of several militias. The so-called March 23 Movement emerged in 2012 and occupied the main city of North Kivu province. International pressure on Rwanda, which stopped funding the rebel… Read More
Africa 

Nigeria: crisis in northeast will worsen without urgent help, says OCHA

Well over eight million people are in need of assistance in Borno, Adamawa and Yobe (BAY) states, and an estimated 600,000 face emergency levels of food insecurity because of extremist violence centred around the Lake Chad region, that’s now in its 12th year. Boko Haram still a threat Although previously dominant Boko Haram militia have been significantly weakened since the group’s… Read More
Africa Investments 

Gabon: African Development Bank and Government host national consultations to review the Country Diagnostic Note and Country Strategy Paper 2016-2022

The African Development Bank will join the Gabonese Government to host national consultations on the Country Diagnostic Note and Country Strategy Paper for the 2016-2022 period in Libreville, from 21 to 24 June. Key stakeholders in the discussions will include the Ministry of Recovery and Economy, technical departments of sectoral ministries, financial partners, civil society, academics and the private sector.… Read More
Africa Investments 

In 2021, Africa notches strong progress in building tax transparency, tackling illicit financial flows

African countries’ requests for information for tax collection purposes rose 26% over the previous year, signaling continued progress toward tax transparency in spite of a challenging environment,  according to a report by The Africa Initiative, launched on Tuesday in Nairobi. The Tax Transparency in Africa 2022 report, which covers 38 countries, documents Africa’s progress in tackling tax evasion and other… Read More
Africa 

Kenya records fewer youth for high-stakes August polls

The number of young voters registered for Kenya’s August elections has dropped since the last poll five years ago, the election commission announced Monday, pointing to apathy among a youth disenchanted by economic hardship and widespread corruption. This is despite the total number of people who have signed up to cast their ballots increasing by more than 12 percent, the… Read More
Africa 

Commonwealth Women’s Forum aims to tackle global challenges

The First Lady of Rwanda, Jeannette Kagame, spoke of the new challenges facing women across the world at the Commonwealth Women’s Forum taking place in the capital, Kigali. The Forum runs alongside the Commonwealth Heads of Government meeting that opened on Monday and culminates with high-level meetings on Friday and Saturday. “From the disproportionate impact of climate change on women… Read More
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