Africa Investments 

African Development Bank and West African Monetary Union Capital Markets Authority sign grant agreement for development of regional financial…

The African Development Bank and the West African Monetary Union’s Capital Markets Authority (AMF-UMOA) have signed a grant agreement for $750,000 to implement the second phase of the Regional Financial Market Development Support Project (PADMAFIR 2). PADMAFIR 2 will enable the AMF-UMOA to develop a financial code for the region. It will also promote the deepening of mortgage and securitization… Read More
Africa Investments 

EBRD, AfDB and AFD launch tool to support private businesses and public sector improve gender responsiveness

The European Bank for Reconstruction and Development (EBRD), the African Development Bank Group and the French development agency AFD, in partnership with the Egyptian government, have launched the Gender Equality in Climate Action Accelerator. The Accelerator will support private sector companies improve the gender responsiveness of their corporate climate governance. It will also help governments to promote gender-sensitive climate sector… Read More
Africa 

Zimbabwe frees 14 opposition activists jailed for months

A Zimbabwean court on Tuesday released on bail 14 opposition activists arrested after clashes with ruling party members at a funeral for an opposition supporter whose mutilated body was found in a well. The members of the main opposition Citizens Coalition for Change (CCC) were arrested along with leading lawmakers Job Sikhala and Godfrey Sithole on June 14. They each… Read More
Africa 

Top African finance industry players to meet in Lome

The first edition of Africa Financial Industry summit will take place in Lome, Togo on November 28 and 29. Organized by the Jeune Afrique, the event will bring together nearly 700 bankers and insurers, but also actors from Fintech, capital markets and microfinance to exchange ideas and propose solutions to advance the financing of African economies. “It is above all… Read More
Africa Ghana Nigeria News and Headlines West Africa World 

Ghana withdraws travel advisory against Nigerian trips

– – Ghana has made a u-turn about an advisory note it issued to its nationals against travelling to Nigeria. The country’s Ministry for Foreign Affairs earlier cautioned Ghanaians against making non-essential travels to Abuja. In a statement, the Foreign Ministry said this was due to high level of terrorism and armed conflict among others. It also attributed the situation… Read More
Africa World 

Opinion: How will economic downturn affect health investment in the Africa?

– – At the height of the COVID-19 pandemic, the world was primed for a substantial increase in health and biotech spending and investment. Governments and the private sector alike promised to dedicate funding so that they would be adequately prepared for the next pandemic if or when it came. Over the course of 2020 and 2021, those promises appeared… Read More
Africa Investments 

COP27: African ministers explore ways to scale up food production to feed the continent, bolster resilience

African agriculture ministers attending the United Nations climate summit in Egypt reiterated a commitment to work with development partners to unlock the continent’s agriculture potential. During the special ministerial session, there was a strong consensus that Africa can feed itself if supported with green financing and climate-smart technology to boost agriculture productivity. The African Development Bank hosted the event to… Read More
Africa Investments 

COP27: Spain, Swiss Confederation announce EUR 10 million support to African Development Bank Group’s Urban and Municipal Development Fund

In partnership with the African Development Bank Group, the Swiss Confederation through the Swiss State Secretariat for Economic Affairs (SECO)  and Spain today at COP 27  announced additional financial support to African countries and cities bearing the brunt of climate change. Switzerland and Spain confirmed  they will each donate approximately 5 Million euros to the African Development Bank Group’s Urban… Read More
Africa 

Two killed in second deadly Kenya building collapse in three days

A second tragedy in three days. In the outskirts of Kenya’s capital, a multi-story building under construction collapsed on a neighboring home, killing at least two people on Thursday (Nov 17), authorities said. Housing is in high demand and unscrupulous developers often bypass regulations. Construction authorities have warned of unsafe buildings. Fredrick Kamau’s parents didn’t make it alive. “Mum and… Read More
Africa 

Interpol SA arrests Israeli fugitive wanted for several attempted murders

South African police have announced the arrest of an Israeli suspected of belonging to a mafia gang and wanted for attempted homicide. The 46-year-old man is associated with a major crime organization called Abergil, named after brothers Meir and Yitzhak Abergil who were extradited more than a decade ago to the United States, and had been the subject of an… Read More
Social media & sharing icons powered by UltimatelySocial