Africa Investments 

COP27: African Development Bank and OECD Development Centre join forces to roll out policy toolbox for a sustainable low-carbon transition in Africa

The African Development Bank and the Organisation for Economic Co-operation and Development’s (OECD) Development Centre have teamed up to roll out a new policy toolbox for a just low-carbon transition in Africa. The two institutions launched the Equitable Framework and Finance for Extractive-based Countries in Transition (EFFECT) on 15 November on the side-lines of COP27 in Sharm El-Sheikh, Egypt. The toolbox… Read More
Africa 

Earth tremor hits some parts of Ghana’s capital Accra

Parts of Ghana’s capital, Accra have been hit by two earth tremors on Monday (December 12). According to local media reports and some Twitter users, the first tremor was recorded a little after 10 am while the second tremor was recorded around 11: 30 am. Adabraka, Gbawe, McCarthy hill, Kwabenya and Mallam are some of the communities that experienced the… Read More
Africa 

Kenya celebrates 59th anniversary as a republic

Kenya celebrated 59 years of independence from British colonial rule on Monday (Dec. 12). Kenya’s fifth president, William Ruto, paid homage to those who helped free Kenya from British colonialism nearly six decades ago as heroic defenders of the country’s “sovereignty”. Speaking in Nairobi, Ruto said independence had brought many achievements and much progress to the country. “The sixth decade… Read More
Africa Investments 

African Development Bank Group Appoints Professor Padmashree Gehl Sampath as Special Advisor for Pharmaceuticals and Health Infrastructure to Dr….

The African Development Bank Group has appointed renowned Professor Padmashree Gehl Sampath as a special advisor on pharmaceuticals and health infrastructure to the Bank’s president, Dr. Akinwumi Adesina. She will also be leading the technical work related to the setting up of the African Pharmaceutical Technology Foundation, a new pan-African institution launched by the Bank, at the request of Regional Member… Read More
Africa Investments 

Sierra Leone: African Development Fund extends additional grant funding of $12 million to boost drive for self-sufficiency in rice

The Board of Directors of the African Development Fund has approved $12.16 million in additional grant funding for the Rice Agro-Industrial Cluster Project in Sierra Leone. The project was first approved in November 2021. The new tranche, to be sourced from the 2022 Performance-based Allocation, will fill a funding gap in the project’s total cost of nearly $37 million. In… Read More
Africa 

Wold cup : Royal Air Maroc plans 30 flights to carry Moroccan soccer fans to Doha

The national airline Royal Air Maroc (RAM) will operate nearly 30 special flights between Casablanca and Doha on Tuesday (November 13) and Wednesday (November 14) to bring Moroccan fans to the World Cup semi-final against France. “To allow the many Moroccans wishing to support the national team in its epic and live the emotion of the World Cup semi-final (…),… Read More
Africa 

Nigeria: three killed in fresh attack on Electoral Commission office

Nigeria’s police have killed three gunmen while repelling an attack on an Electoral Commission office in south-eastern Nigeria. The attackers tried to storm the main Inec office in Owerri, capital of Imo State, police said, on Monday (November 12). “The Inec headquarters in Owerri was attacked early this morning by gunmen who destroyed part of the building, furniture and equipment,”… Read More
Africa 

Residents of Soweto settlement divided on Ramaphosa’s future

The ongoing political fiasco pitting South African President Cyril Ramaphosa over corruption allegations had elicited mixed reactions among the locals in the country. Residents of the Nomzamo settlement in Soweto, outside Johannesburg, are optimistic about Ramaphosa’s presidency after a recent installation of electricity in the area. “Ramaphosa is a good man, because of what he said to us as this… Read More
Africa 

DRC: Tshisekedi vows to hold elections, denounces Rwanda’s “expansionist” intentions

Congolese President Felix Tshisekedi denounced on Saturday “expansionist tendencies of Rwanda” which he again accused of supporting the M23 rebellion that has seized large swathes of territory in the east of the Democratic Republic of Congo in recent months. “The year 2022 has witnessed the resurgence of Rwanda’s expansionist impulses under the guise of M23,” the head of state said… Read More
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