Africa Investments 

African Development Bank Group 2023 Annual Meetings – Panel discussion on financing the Green Transition in Africa

What:      SIDE EVENT: AfDB-Absa Panel discussion on financing the Green Transition in Africa Who:       African Development Bank Group; Absa Corporate & Investment Bank, Annual Meetings delegates When:     Wednesday, 24 May 2023; 17:30-19:00 Egypt time (GMT+3) Where:   Fayrouz Room, The Capital, Sharm El Sheikh International Convention Center, Egypt Join the African Development Bank Group (AfDB) and Absa Corporate & Investment… Read More
Africa Investments 

Benin, Côte d’Ivoire to premier African Development Bank’s African Green Bank facilities

The African Development Bank is set to roll out the first green finance facilities in two public financial institutions in Benin and Côte d’Ivoire as part of its ground-breaking African Green Bank initiative. The host institutions are La Caisse des Dépôts et Consignations du Bénin (CDC Benin) and the Ivorian National Investment Bank (BNI). As Africa’s premier development finance institution,… Read More
Africa 

Sudan’s military chief freezes bank accounts of rival paramilitary group amid truce attempts

Sudan’s military chief has ordered the freezing of all bank accounts belonging to a rival paramilitary force. The two sides have battled for weeks across Sudan, pushing the troubled country to the brink of all-out war. The decree, issued on Sunday by Gen. Abdel Fattah Burhan, will target the official accounts of the Rapid Support Forces in Sudanese bank, as… Read More
Africa 

Guinea-Bissau’s PM kicks off electoral campaign

The prime minister of Guinea-Bissau, Nuno Gomes Nabiam, kicked off on Saturday the electoral campaign for the June 4th legislative elections. Nuno Gomes Nabiam is campaigning for his party, Assembly of the United People – Democratic Party of Guinea-Bissau. “We can’t have incendiary speeches, that doesn’t help. These speeches bring problems and it is the country that suffers. I, Nuno,… Read More
Africa Ghana West Africa World 

Ghana’s opposition picks Mahama as candidate for 2024 poll

Ghana’s main opposition party, the National Democratic Congress, has picked former president, John Mahama, as it’s candidate for the 2024 presidential election. Mahama since leaving office in 2017 failed to win power in the 2020 presidential election. He came second to President Nana Akufo-Addo in 2016 and 2020. The former president now 64, secured 297,603 votes, representing 98.9% of votes… Read More
Africa Business World 

PARM’s response to Africa’s food and nutrition security challenges

The Platform for Agricultural Risk Management (PARM) actively participated in the 38th restricted meeting of the “Réseau pour la Prévention des Crises Alimentaires (RPCA)”. The conference was held from the 12th to 14th April 2023 in Paris, France. The event was a great opportunity for PARM to present its technical assistance at regional level with a special focus on West… Read More
Africa 

Road Safety Week: African nations steer towards reducing deaths

Increasingly grim accident statistics provided the impetus for action, including two bus crashes in Senegal that claimed 62 lives in January. In nearby Côte d’Ivoire, the daily number of fatal road accidents has risen to 46, from just 12 in 2012. In the world’s region most affected by road crashes, sub-Saharan Africa’s fatality rate is 27 per 100,000 inhabitants. That… Read More
Africa 

Senegal: Faction of Casamance rebellion inks peace deal

A new step on the road to peace for Casamance. A historic handshake on May 13 gathered the head of the Diakaye fighters, the governor of the Ziguinchor region and the representative of Senegal’s government. In Senegal’s southern region of Casamance, a rebellion has killed over 5000 people, forcing thousands to displace. Fighters from the Diakaye faction have now agreed to… Read More
Africa 

Rwanda prioritizes relocation of disaster-stricken households, post-floods reconstruction

Last week, heavy rainfall caused significant 137 casualties and injuries in the northern, western, andsouthern provinces of Rwanda. Since heavy rainfall, battered Rwanda causing landslides and deadly floods on May 2-3, the government initiated an emergency response, including evacuations and temporary relocations to camps for affected residents. Rwandans also raised over 10 million RWF within 24 hours to support those affected. Urgent… Read More
Africa 

John Mahama wins Ghana’s opposition presidential primaries

Ghana’s largest opposition party has chosen the country’s former president, John Dramani Mahama, as its flagbearer for the 2024 presidential election. Delegates of the National Democratic Congress (NDC) voted in primaries over the weekend to choose a candidate for both the presidential and parliamentary polls. Mahama was declared the overwhelming winner after polling 98.9 per cent of the votes while… Read More
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