Africa Investments 

Ethiopia: Sustainable Energy Fund for Africa provides $10 million grant to support Tulu Moye Geothermal Resource Development

The Board of Directors of the African Development Bank Group has approved a $10 million reimbursable grant from the Sustainable Energy Fund for Africa (SEFA) to support a geothermal drilling program that will add 50 megawatts of renewable energy to Ethiopia’s power system. The Tulu Moye Geothermal Operations PLC (TMGO) project entails developing and operating a 50-megawatt power plant in Ethiopia… Read More
Africa Investments 

Achieving Zero Hunger in Africa is within reach, say global Agriculture leaders in Rome ahead of 2023 Africa Food Summit in Dakar

Eradicating hunger in Africa by 2030 is possible, said global agriculture leaders in Rome. Meeting ahead of the African Food Summit (Dakar 2), to be hosted by President Macky Sall in Dakar, Senegal, from 25-27 January 2023, African Development Bank Group Chief Akinwumi Adesina, the leadership of the International Fund for Agricultural Development (IFAD) and the Food and Agriculture Organization (FAO)… Read More
Africa 

France and Senegal sign agreements to strengthen cooperation

French and Senegalese ministers sign agreements on Thursday focused on youth development in an effort to strengthen cooperation between the two countries. This happened as the two countries held an intergovernmental seminar in Champs-sur-Marne, just outside of Paris on Thursday to discuss several issues at hand. Dozens of other agreements were met as the two countries outlined major steps on… Read More
Africa World 

Global deaths from Malaria stabilize

– – The World Health Organization has said that malaria cases and deaths remained stable last year, after a worrying rise during the first year of the Covid pandemic. The WHO has however warned of new challenges including mosquito resistance to insecticides and parasite resistance to drugs used to treat malaria. Ninety-five per cent of all malaria cases are in… Read More
Africa 

DRC: 3 years in prison for former adviser to President Tshisekedi

The prosecutor’s office has demanded a three-year prison sentence for corruption and influence peddling against a former adviser to Congolese President Felix Tshisekedi, who claimed his innocence and asked the court to “acquit” him, during a public hearing in Kinshasa. Prosecutor Dady Malembe asked the judges of the Kinshasa-Gombe peace court to sentence Vidiye Tshimanga to “three years of penal… Read More
Africa 

Malaria deaths on the rise according to the UN

A new report from the World health Organization (WHO) claims that the coronavirus pandemic interrupted efforts to control malaria resulting in 63,000 additional deaths and 13 million more infections globally over two years. The report, published this Thursday, adds that cases of the disease went up in 2020 and continued to climb in 2021 although at a slower pace. “Through disruptions… Read More
Africa 

HRW accuses Tunisia of not doing enough to protect women

Advocacy group Human Rights Watch (HRW) accused the Tunisian government of not doing enough to protect women against domestic violence despite progressive legislation it adopted five years ago. In a report released on Thursday the New York-based NGO said implementation of the law by the authorities remained “insufficient”. “The report reveals a gap between the law’s text – which is very good… Read More
Africa 

South Africa’s former health minister wants to lead the ANC

South Africa’s former health minister, Zweli Mkhize, is the main contender to run against scandal-plagued President Cyril Ramaphosa to lead the ANC. The party in power since the end of apartheid 30 years ago meets next week to decide who will lead the country in the 2024 general election. “I have received a nomination which means that there are members… Read More
Africa Investments 

African Development Bank, African Securities Exchange Association launch AELP E-Platform linking seven African capital markets with $1.5 trillion…

The African Exchanges Linkage Project (AELP) has launched an e-platform (The AELP Trading Link), enabling seamless cross-border securities trading among seven African stock exchanges representing 2,000 companies with roughly $1.5 trillion market capitalization.  The AELP Link Trading Platform incorporates stock market integration, an order routing system, and market and order-book data sharing.  AELP is a joint initiative of the African… Read More
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