Africa Investments 

From a passion for nature to a vocation in development

“I have made my passion a vocation. Every day, I think how lucky I am to be able to work in a respectful relationship with nature,” says Mohamed Adnene Bezzaouia.  A keen trekker and hiker since youth, Adnene is now Senior Environmental Officer at the African Development Bank. “Trekking is a state of mind, a desire to discover and share… Read More
Africa Investments 

African Development Bank Group to unlock significant additional resources for fragile states – Adesina

The Board of Governors of the African Development Bank Group has approved Management’s request to leverage the equity of the African Development Fund, its concessional lending window, to mobilize more resources on the capital markets. When fully implemented, the Bank Group could unlock up to $27 billion to help low-income and fragile states., Bank Group president Dr. Akinwumi Adesina said… Read More
Africa 

UNESCO unveils new AI roadmap for classrooms

Less than 10 per cent of schools and universities follow formal guidance on using wildly popular artificial intelligence (AI) tools, like the chatbot software ChatGPT, according to the UN Educational, Scientific and Cultural Organization (UNESCO), which hosted more than 40 ministers at an groundbreaking online meeting on Thursday. The ministers exchanged policy approaches and plans while considering the agency’s new… Read More
Africa 

Russia offers support to Somalian army in fight against terrorist groups

Russia is ready to supply Somalia’s army with military equipment in its war against terrorism, Russia’s foreign minister said Friday. Russian Foreign Minister Sergey Lavrov made the offer after talks with his Somali counterpart Abshir Omar Jama in Moscow. Russia’s top diplomat said Moscow reaffirmed its readiness to meet the material needs of the Somalian army in its fight against… Read More
Africa Investments 

In Zagora, an abundance of "blue gold" brings new opportunities

South of Morocco’s Atlas Mountains, the River Draa, the Kingdom’s longest, winds through lush palm groves before disappearing into the dunes of the Sahara. The valley is home to one of the most beautiful oases in the country and has a unique cultural heritage with its adobe kasbahs and ancient Berber ksours. One such architectural treasure, Casbah Caid Ali, built… Read More
Africa Investments 

Africa Day: ‘Let’s put our resources at risk behind Africa’s young people’ – Adesina

Delegates attending the 2023 African Development Bank Group’s Annual Meetings in Sharm El Sheikh, Egypt, celebrated Africa Day on Thursday amid hopes for better prospects for the continent and its youth. The commemoration, which marks the 60th anniversary of the establishment of the African Union, allowed for retrospection by member countries on how the continent can surmount its challenges towards… Read More
Africa 

Felix Tshisekedi visits China to renegotiate mining contracts

The Democratic Republic of Congo is looking to strengthen their partnership with China as the two countries are renegotiating mining contracts for the DRC’s mineral reserves. This first State visit to China by the President of the DRC, Félix Tshisekedi, is the latest in a series of diplomatic exchanges between African leaders and Beijing. Mr Tshisekedi and his Chinese counterpart… Read More
Africa 

Ex-Mozambique finance minister loses last appeal $2B scandal

Nearly five years after he was arrested at a South African airport, Mozambique’s former finance minister has lost a last-ditch court appeal and faces extradition to the United States over a $2 billion corruption scandal related to loans to Mozambican state-owned companies. U.S. prosecutors allege that Manuel Chang, Mozambique’s finance minister from 2005 to 2015, was involved in a scheme… Read More
Africa 

Stop tobacco farming, grow food instead, says WHO

Ahead of World No Tobacco Day on Wednesday 31 May, WHO deplored that 3.2 million hectares of fertile land across 124 countries are being used to grow deadly tobacco – even in places where people are starving. WHO Director-General Tedros Adhanom Ghebreyesus said that governments across the world “spend millions supporting tobacco farms”, and that choosing to grow food instead of… Read More
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