Africa Investments 

African Development Bank issues AUD 50 million 10-year “Light up and Power Africa” Kangaroo due March 2033

The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), today issued an AUD 50 million 10-year “Light up and Power Africa” Kangaroo due 8 March 2033. The new issuance was arranged by TD Securities and sold to a single Japanese investor, Fukoku Mutual Life Insurance Company. The funds raised by the African Development Bank through this transaction, will… Read More
Africa Investments 

African Development Bank Group marks progress in gender equality with EDGE Certification

A year after launching the EDGE certification process, the African Development Bank has attained Level 1 Assess, in recognition of its commitment to monitoring, benchmarking and achieving gender parity in its workforce. The Bank began the EDGE certification process in 2022. EDGE is the world’s leading certification that measures gender equity in the workplace. The Bank is now EDGE certified… Read More
Africa 

Tunisia: Opposition leader Sihem Bensedrine banned from leaving the country

The Tunisian opposition leader Sihem Bensedrine announced on Tuesday that she has been banned from leaving the country after being charged in connection with an investigation into a report by a body she chaired on crimes committed under the dictatorship. Created in 2014 in the wake of the revolt that ended the dictatorship in 2011, the Truth and Dignity Commission… Read More
Africa 

Benin’s leader meets with French counterpart in Paris

Beninese president Patrice Talon was welcomed Tuesday (Mar. 7)  by his French counterpart Emmanuel Macron. According to the agenda of the president uploaded on the Elysee palace website, both leaders met for working lunch. The discussion is a follow-up to Emmanuel Macron’s visit to Benin last July. And was reportedly to focus on “vocationnal training, the strengthening of economic ties,… Read More
Africa 

Libyan army conducts drill in western town of Tarhuna

Members of the Libyan army, under the command of the internationally recognised Government of National Unity have held a drill in the western town of Tarhuna. The drill is believed to be part of its usual training aimed at ensuring security and preparing for combat. Libya has been gripped by insecurity since a NATO-backed uprising toppled and killed dictator Moamer Kadhafi… Read More
Africa 

‘Creed III’ breaks box office records

“Creed III” punched above its weight at the domestic box office in its first weekend in theaters. The MGM release knocked “Ant-Man and the Wasp: Quantumania” out of first place and far surpassed both industry expectations and the opening weekends of the first two movies in the franchise. Playing in 4,007 locations in North America, “Creed III” earned an estimated… Read More
Africa Business World 

Financial Education the Key for Growth in Africa

Africa is a rapidly growing region with a lot of potential to be a major contributor to the world in many industries. However, the region has lagged for many years, with African leaders facing many challenges when it comes to creating stable and productive economies. One area that could help boost the growth rate of African countries is increased financial… Read More
Africa 

Impunity drives cycles of ‘horrific’ crimes in South Sudan, Human Rights Council hears

“It is hard to imagine peace while State actors continue to be involved in gross human rights violations,” said Commission member Barney Afako, presenting the latest report to the Human Rights Council in Geneva. “A true demonstration of the Government’s stated commitments to peace and human rights would involve dismissing the responsible officials and initiating prosecutions.” Based on investigations undertaken… Read More
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