Africa Investments 

The African Development Fund's new Climate Action Window, a pivotal instrument for strengthening Africa's climate resilience

In December 2022, in Tangier, Morocco, on the occasion of the 16th replenishment of the African Development Fund (ADF), the African Development Bank and its development partners created a Climate Action Window for low-income countries. The window covers 37 member countries of the ADF, which are also among the world’s most fragile and vulnerable to climate change. The recently published… Read More
Africa 

S.Africa’s Ramaphosa says ruling party wants country to quit ICC

South Africa’s ruling ANC has called for the country, which has been criticized since the start of the war in Ukraine for its closeness to Moscow, to leave the International Criminal Court (ICC), President Cyril Ramaphosa said Tuesday. The Hague-based ICC issued an arrest warrant in March for Russian President Vladimir Putin for the war crime of “deporting” Ukrainian children.… Read More
Africa 

Power struggle imperils Sudan’s future, ‘lights fuse that could detonate across borders’

António Guterres was addressing an emergency session of the UN Security Council in New York, and again demanded an end to the fighting between troops loyal to Sudanese Armed Forces (SAF) leader Fatttah al-Burhan, and his deputy on the so-called Transitional Sovereign Council, Rapid Support Forces (RSF) leader, Mohamed Hamdan Daglo “Hemedti”. “It is incumbent on Sudanese leaders to put… Read More
Africa 

Sudan: Patients stranded as hospitals thrown into chaos due to fighting

Khartoum’s hospitals have been thrown into chaos by the explosion of violence between Sudan’s two top generals. People have been unable to leave their homes since Saturday as the two sides engaged in gun battles and bombarded each other with artillery and airstrikes. Dozens of hospitals have shuttered in Khartoum and elsewhere across Sudan due to the fighting, and dwindling… Read More
Africa 

Tanzania: IMF to disburse $153 million as part of loan deal

The International Monetary Fund on Monday approved the first review of Tanzania’s three-year extended credit facility, allowing immediate disbursement of about $153 million in budgetary support, the IMF said in a statement. The international financial lender said Tanzania’s economic reform program was progressing well in a challenging global economic environment, but authorities must work to boost domestic revenues, while stepping… Read More
Africa Investments 

African Development Bank Group, JICA sign $350 million loan agreement to support Africa’s private sector

The African Development Bank and the Japan International Cooperation Agency (JICA) today signed a JPY 44,100,000,000 ($350 million) loan to finance the Bank’s support for private sector operations in Africa. The loan comes under the Enhanced Private Sector Assistance (EPSA) initiative, which is a component of Japan’s Official Development Assistance to Africa. The fifth version of EPSA, for an amount… Read More
Africa 

Burkina Faso: UNHCR calls for investigation into killings in Ouahigouya

The UN Human Rights Office, is calling for a full and independent investigation into the latest horrific killing of civilians in Burkina Faso and for “those responsible to be held to account.” At the bi-weekly news briefing today (25 April) in Geneva, Ravina Shamdasani, spokesperson for the UN Human Rights Office made the following statement on Burkina Faso: Available information… Read More
Africa 

Tanzanian lives up to father’s expectation of becoming “Simba” in Guangzhou

GUANGZHOU, China, April 25, 2023 /PRNewswire/ — “Do you know what my father used to call me? Simba, the Lion King!” Ahmed Tamim, a Tanzanian man who has operated an international shipping business for 13 years in Guangzhou, said in an interview with GDToday of Nanfang Media Group. When talking about his father, who passed away years ago, tears sprung… Read More
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