Africa Investments 

Lender Has $1 Billion Plan to Wean Africa Off Russian Wheat

https://www.bloomberg.com/news/articles/2022-03-15/africa-can-wean-off-r… By Yinka Ibukun March 15, 2022, 1:11 PM GMT A $1 billion plan to boost wheat production in Africa should be accelerated to avert potential food shortages arising from Russia’s invasion of Ukraine, according to the head of the continent’s biggest multilateral lender. The African Development Bank is raising the funds to help 40 million African farmers utilize climate-resilient technologies and… Read More
Africa 

Ivorian Foreign minister discusses trade and conflict resolution as she visits Turkey

Ivorian Foreign Minister Kandia Camara was in Ankara on Tuesday. On the 8th day of her working stay in Turkey, she met with her counterpart Mevlüt Çavuşoğlu. The officials discussed business and trade as they touched on ways to strengthen bilateral relations. If Turkey invests more than 200 million dollars in the West African country, the Ivorian minister hinted the… Read More
Africa 

DRC: War in Ukraine sparks food-security fears

Rising prices driven by the Ukraine crises have stoked fear of devastating social turmoil in eastern DR Congo. In the region, the economy is hobbled by geographical remoteness and decades of violence. Lately, when Congolese go at the pump it has been the same disappointment. Inexorably soaring fuel prices in the Democratic Republic of Congo are the latest consequence of… Read More
Africa 

Tensions rise in Libya as risk of ‘parallel governments’ grows, Security Council hears

#Libya faces a crisis that could, if left unresolved, lead to instability and parallel governments. We’re exerting significant efforts to bring together Libyan stakeholders to agree on a constitutional basis for the holding of elections as soon as possible https://t.co/gBFHaPSLY5 — Rosemary A. DiCarlo (@DicarloRosemary) March 16, 2022 Rosemary DiCarlo, Under-Secretary-General for Political and Peacebuilding Affairs, also spotlighted an increase… Read More
Africa Investments 

Covid-19 has opened Africa’s eyes – and the world’s – to investment opportunities says Africa Investment Forum

The Covid-19 pandemic has highlighted Africa’s urgent need for better healthcare. Unequal access to vaccines , along with   disruptions to supply chains caused by worldwide economic shutdowns have underscored the continent’s overreliance on medical and pharmaceutical imports. Investment opportunities in  healthcare and pharmaceuticals sector are  some of the areas being discussed at  the Africa Investment Forum virtual boardroom sessions taking… Read More
Africa 

Rwanda silencing YouTubers with ‘abusive’ legal framework – Human Rights Watch

Opposition leaders and social commentators in Rwanda are being persecuted by the authorities for “their speech and opinions”, intensifying culture of intolerance towards dissent, a human rights group has said. In a report published on Wednesday, Human Rights Watch said it had monitored court documents, verdicts and judges’ arguments against several Rwandans who have ended up behind bars due to… Read More
Africa 

War in Ukraine causes surge in commodity prices in Nigeria & Malawi

From airlines in Nigeria to shoppers in Malawi, Africans are feeling the impact of the Ukraine crisis in wrenching increases in the price of fuel, grain and fertiliser. In City mall, a Lilongwe supermaket in Malawi, we are thousands of kilometres away from the frontlines of the Russia-Ukraine conflict. However, the distance doesn’t mitigate the high price local households have… Read More
Africa Investments 

2022 Business Opportunities Seminar – Spring edition

What: 2022 Business Opportunities Seminar – Spring edition Who: The African Development Bank’s Resource Mobilization and Partnerships Department When: Tuesday, 12 April 2022; 08:00-10:30 GMT (Asia)Wednesday, 13 April 2022; 13:00-15:30 GMT (Africa, Americas, and Europe) Where: Online Via Zoom                           The Resource Mobilization and Partnerships Department (FIRM) of the African Development Bank will hold the first edition of its 2022 Business… Read More
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