Africa Sports World 

Ghana’s captain Andre Ayew joins Qatar’s Al Sadd

– – The captain of the Ghana football team, Andre Ayew, has completed his move to Al Sadd SC, the Qatari club has announced. The club confirmed on Friday that the 31-year-old has signed a two-year deal with an option for a third after completing his medical in Doha. Ayew has been without a club after his three-year contract with Welsh… Read More
Africa 

Zimbabwe received first batch of deportees

Zimbabwe has received the first batch of dozens of its citizens being deported from Britain, some after staying in that country for decades and forced to leave families behind to face an uncertain future back home. Rights groups and politicians in Britain had mounted pressure to stop the deportations, arguing that the deportees are at risk of persecution in Zimbabwe.… Read More
Africa 

Madagascar foils assassination attempt on President Andry Rajoelina

Madagascar said on Thursday it had foiled an attempt to assassinate various Malagasy figures, amongst which President Andry Rajoelina. Six people, two of them French nationals according to diplomatic sources, have been arrested. “According to all the investigations we have made, the people arrested are involved in the assassination attempt of the Head of State of Madagascar. The arrests followed… Read More
Africa 

Ethiopia celebrates 2nd filling of Dam

Thousands of government supporters gathered at Meskel Square in Addis Ababa on Thursday to celebrate the second filling of the Grand Ethiopian Renaissance Dam (GERD). Those joining the rally also made a show support for the Ethiopian military while denouncing rebels in the country’s Tigray region. The dam has caused controversy with Egypt and Sudan being in dispute with the… Read More
Africa 

Guinea takes part in Olympics after withdrawal

Guinea which had cancelled its participation in the Tokyo Olympics on Wednesday due to Covid-19 concerns, announced on Thursday it would finally take part in the competition. The government, after securing guarantees from the health authorities, approved the participation of its athletes in the 32nd Olympiad in Tokyo. It also confirmed to send a small delegation comprising five athletes. Fatoumata… Read More
Africa 

Tigray: As famine looms, first WFP humanitarian flight arrives 

It was the first UN Humanitarian Air Service (UNHAS) aircraft to arrive in the region since commercial flights were halted on 24 June, carrying more than 30 staffers from multiple aid organizations.  “WFP and our fellow emergency responders on the ground in Mekelle are all enormously relieved to see this UNHAS flight arrive today, bringing in colleagues who are all essential in our collective efforts to scale up the humanitarian… Read More
Africa 

Could climate finance power Africa’s energy needs? [Business Africa]

Think of how food ends up on your table. Your local farmer uses various tools including a tiny mobile phone to make that happen. But if there’s not sustainable energy, humanity might be doomed right? It’s a clear example of what could happen without the needed investment in Africa’s energy needs. Climate financing is on the rise to tackle these… Read More
Africa Investments 

African Development Bank launches $2.75 billion 0.875% Global Benchmark due 22 July 2026

The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), has launched and priced a $2.75 billion 5-year Global Benchmark bond due 22 July 2026, its second of the year. With this latest issue, the African Development Bank continues to carry out its funding strategy of issuing large liquid benchmark transactions and adds another on-the-run reference in the 5-year… Read More
Africa Investments 

Fitch affirms Triple A-rating of the African Development Bank. Outlook stable

Global credit rating agency Fitch Ratings has affirmed the African Development Bank’s credit rating at ‘AAA’, with a stable outlook. Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the Bank’s shareholders. Fitch views the Bank’s risk-management policies as ‘conservative’ and assesses them as ‘excellent’, in line with AAA-rated peers. “Concentration risk is ‘low’, with the bank’s five largest exposures accounting… Read More
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