Africa 

Libya’s eastern administration hands power to interim government

It’s a move many were waiting for in the quest for a long-lasting peace. Libya’s eastern administration has officially handed over power to a new executive led by interim Prime Minister Abdul Hamid Dbeibah. A government that is hoped to unify the war-torn country and steer it towards elections later this year. The new Government of National Unity will replace… Read More
Africa Business Ghana West Africa World 

Trisolace: Creating agribusiness opportunities for young Ghanaians

– – For years, young people especially in Africa did not have the interest in creating business opportunities in Agriculture as they consider the sector unattractive and not worth the needed investment. That is however changing in countries like Ghana where a company called Trisolace Farms is helping to young people fall in love with snail and mushroom farming. Trisolace… Read More
Africa 

Social infrastucture development key to Covid-19 recovery [Interview]

With the world grappling with questions of receiving economies and livelihoods following the crippling effect of the Coronavirus induced lockdowns and restrictions, many have called for bailouts and capital injections into businesses. As an executive member of the Development Bank of Southern Africa, Mohan Vivekanandan, is at the forefront of developing and deploying such solutions. Africanews journalist, Afolake Oyinloye spoke… Read More
Africa 

Congo’s Sassou Nguesso waves to supporters after landslide re-election

Cause for celebration for the Republic of Congo’s incumbent president, Denis Sassou Nguesso — as he waves to his supporters from a balcony at the Congolese Party of Labour headquarters in the Commune de Brazzaville on Monday evening. As infectious energy of jubilation surrounds his re-election victory in the city. A vote which will add another 5-year term to the… Read More
Africa 

The Gambia upholds ban on skin bleaching

Gambian lawmakers voted to uphold a ban on skin-lightening products after a debate in parliament. Skin-lightening or bleaching agents, especially unauthorised ones, may cause multiple health risks such as scarring, blistering, nerve and bone damage. It is also controversial as many argue phenomenon is a toxic legacy of colonialism. The practice is widely used across Africa as well as South… Read More
Africa Investments 

Green banks and national climate funds have a key role in mobilizing funds for low-carbon, climate-resilient development in Africa: report

The African Development Bank and the Climate Investment Funds (CIF) have joined forces to produce a study of the role of green banks and national climate change funds in mobilizing finance to support low-carbon, climate-resilient development in Africa. The ground-breaking study, released on Tuesday 23 March, is expected to underpin development of a multi-country climate finance initiative in Africa. For… Read More
Africa Investments 

Canada and African Development Bank sign CAD 133 million gender lens Climate Fund for Africa

The Government of Canada and the African Development Bank  have signed an agreement formalizing the Canada–African Development Bank Climate Fund (CACF), a transformative special fund aimed at providing concessional loans to climate change-related projects with a strong gender-responsive component. The fund will be capitalized through a combination of a CAD 122.9 million ($104.8 million)) repayable contribution, aimed at providing concessional… Read More
Africa 

Dozens of Nigerians pile pressure, demanding release of kidnapped students

Dozens of people, including parents of kidnapped students in Nigeria protest on Monday, demanding the release of the wards. The protesters blocked a highway outside the Federal College of Forestry Mechanization in the northwest city of Kaduna, disrupting traffic. Before their demands, one parent led a prayer session at the scene of the protest. “Because tomorrow they will be old… Read More
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