Africa Investments 

The Gambia: African Development Bank focuses on agricultural value chains in 2021-2025 Country Strategy Paper

Agricultural value chains will be a key lever for inclusive growth in The Gambia to address development challenges and combat fragility, according to the Country Strategy Paper (CSP 2021-2025) published by the African Development Bank. The Bank intends to support The Gambian government’s efforts to reduce food insecurity from 37.2 percent in 2020 to 30 percent in 2025, reduce the… Read More
Africa 

In Madagascar, pockets of famine as risks grow for children, warns WFP

“We have some pockets of IPC 5 or famine-like conditions, this is basically the only – maybe the first – climate change famine on earth,” said Arduino Mangoni, WFP Deputy Country Director in Madagascar, citing IPC food insecurity assessments, which are used to gauge the level of emergency aid required. After a recent “heartbreaking” visit to an emergency nutrition centre in the south, the… Read More
Africa 

10 blue helmets injured during attack in Central African Republic 

According to MINUSCA, the blue helmets were part of the Egyptian Constituent Police Unit and were shot by elements of the presidential guard. Two were seriously injured.   The peacekeepers arrived on November 1 at M’Poko International Airport, as part of the periodic rotation and deployment of troops in the country and were heading to their base, when they came under heavy fire from the presidential guard, said a statement released by the mission.  According… Read More
Africa 

Five killed in South Sudan plane crash

Five people were killed on Tuesday when a cargo plane carrying fuel for the UN’s World Food Programme crashed near South Sudan’s capital Juba, airport officials said. The aircraft — a Soviet-era Antonov An-26 transport plane — crashed shortly after taking off from Juba’s international airport, killing everyone onboard. “One is a South Sudanese, two are Sudanese and two are… Read More
Africa Investments 

Moody’s affirms African Development Bank AAA rating, stable outlook

Moody’s Investors Service (“Moody’s”) has affirmed the African Development Bank’s Aaa long-term issuer and senior unsecured ratings. The outlook remains stable. In a rating action note dated 28 October 2021, Moody’s said the key factors underpinning the affirmation include robust capital buffers, combined with superior risk management which contain the challenges associated with low development asset credit quality amid a… Read More
Africa Investments 

DRC-Africa Business Forum : Moving Africa up the ladder in the battery, electric vehicle (BEV) and renewable energy value chain and market

What:   DRC Africa Business Forum Who:    President Félix Antoine Tshisekedi Tshilombo of the Democratifc Republic of Congo, UN Economic Commission for Africa, Afreximbank, African Development Bank (AfDB), African Legal Support Facility, Africa Finance Corporation, Arab Bank for Economic Development in Africa and UN Global Compact. When:   24 to 25 November 2021 at 9:00 am Kinshasa time Where:  Kinshasa and online… Read More
Africa 

Madagascar goes hungry in the world’s first climate-change driven famine

Madagascar is on the brink of the world’s 1st climate change-driven famine According to reporters for broadcaster Sky, the pain of a more extreme climate can be seen first-hand, as reports of babies dying and mothers unable to assist them due to their own hunger are rampant. Investigations by the Sky team have uncovered a situation where many of the… Read More
Africa 

10 Egyptian peacekeepers wounded by gunfire in CAR

Ten Egyptian peacekeepers from the United Nations Mission in the Central African Republic (MINUSCA) were wounded by shots fired by the presidential guard in Bangui, the UN said Tuesday. The UN called the incident, which took place on Monday, “a deliberate and unspeakable attack” on an Egyptian police contingent that was unarmed at the time and travelling in a bus… Read More
Social media & sharing icons powered by UltimatelySocial