Africa Investments 

African Development Bank first investor to commit in TDB Class C Green+ shares launched at COP27

The African Development Bank and the Eastern and Southern African Trade and Development Bank (TDB) have united to launch a unique financial instrument to catalyze financing for sustainable development on the continent. At the ongoing global climate summit, COP27, the African Development Bank on Wednesday announced an investment commitment of $ 15 million in TDB’s Class C Green+ Shares. This… Read More
Africa Investments 

Angola: African Development Bank Group notes country’s outstanding economic and fiscal reforms

At the end of a three-day official visit to Angola, African Development Bank Group’s Director General for Southern Africa Leila Mokaddem has commended the Lusophone nation for its ongoing economic reforms. Mokaddem visited Angola from 8 to 9 November 2022 where she met with members of the government in key portfolios. Her visit focused on the preparation of a new… Read More
Africa 

South Africa public sector workers strike over wage demands

Thousands of public servants began a one-day strike in South Africa on Thursday over wage demands, professional organizations said. The work stoppage is being led by one of South Africa’s largest public service unions, the Public Servants Association (PSA), which has some 235,000 members. The dispute over public servants’ salaries flared up after Labour Minister Thulas Nxesi announced last week… Read More
Africa 

Niger: Opposition, civil society groups welcome end of French Barkhane operation

In Niamey, the Nigerien capital, reactions are mixed after the official announcement of the end of the operation of the French anti-jihadist Barkhane force, part of which has redeployed to Niger after leaving neighbouring Mali. Operation Barkhane “is a force that is at the root of the advent of terrorism in the Sahel… it cannot be a solution” says Seydou Abdoulaye,… Read More
Africa Investments 

Africa Development Bank partners with University of Oxford on sustainable finance capacity-building

The African Development Bank has partnered with the University of Oxford to provide training on sustainable finance for up to 1,000 public and third sector workers from across Africa. The University of Oxford’s Public and Third Sector Academy for Sustainable Finance (P3SA) is a global center of learning and capacity building. It focuses on how the public and third sectors… Read More
Africa 

Cameroon coach reveals squad for World Cup

Cameroon is on the starting-blocks ten days before the start of the World Cup in Qatar. On Wednesday, coach Rigobert Song unveiled his list of 26 Indomitable Lions for the World Cup. The squad features stars like Aboubakar Vincent and Jean-Eric Maxim Choupo-Moting as well as Napoli’s Zambo Anguissa. There were many surprises, however, with the presence of defender Nicolas… Read More
Africa 

“Death every day”, Fear and fortitude in Uganda’s Ebola epicentre

As Ugandan farmer Bonaventura Senyonga prepares to bury his grandson, age-old traditions are forgotten and fear hangs in the air while a government medical team prepares the body for the funeral — the latest victim of Ebola in the East African nation. Bidding the dead goodbye is rarely a quiet affair in Uganda, where the bereaved seek solace in the… Read More
Africa Business World 

Facebook-owner Meta to cut 11,000 staff

Mr Zuckerberg said the company would focus on high-priority growth areas, like artificial intelligence, advertising, and “our long-term vision for the metaverse”. Meta will also cut costs elsewhere – including reducing its spending on buildings and offices, and increasing desk-sharing. Affected Meta employees will receive an email soon, he said, and will have an opportunity to ask questions. US employees… Read More
Africa Ghana West Africa World 

Ghanaian YouTuber denied call to the Bar over her LGBTQ+ stance

A popular Ghanaian YouTuber, Elorm Ababio, also known as Ama Governor has been denied a call the Ghana Bar over her stance on LGBTQ+. The rights activist successful completed the professional law program that saw her pass her exams and the required interview session but will not join her colleagues on Friday when they are formally declared lawyers. Ama Governor… Read More
Africa 

Kenya, South Africa improve bilateral ties on migration, trade

The presidents of South Africa and Kenya said Wednesday they have resolved a long-standing visa dispute and Kenyans will be able to visit South Africa visa-free for up to 90 days in a calendar year. South Africans already get free visas on arrival in Kenya, while Kenyans were charged and required to provide proof of sufficient funds and return flight… Read More
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