Investments 

African Development Bank partners with Senegal to host 2021 World Water Forum

 A Senegalese government delegation, led by the country’s Minister of Water and Sanitation, His Excellency Serigne Mbaye Thiam, briefed the African Development Bank  on Senegal’s preparations to host the World Water Forum in Dakar in March 2021. Minister Thiam met with the Bank’s Vice President for Agriculture, Human, and Social Development, Jennifer Blanke, and her senior management team on 8… Read More
Investments 

Financial institutions’ chief information officers meet at knowledge sharing convention

The African Development Bank organized a knowledge sharing event of chief information officers (CIOs) from international financial institutions (IFIs) in Cape Town, 23-26 September. The participants are part of a community of practice known as the IFI CIOs’ club that meets annually. Members are from the International Monetary Fund, the World Bank, the Asian Development Bank, the European Stability Mechanism,… Read More
Investments 

Africa Investment Forum: CEOs changing the investment narrative in Africa

“The Africa Investment Forum, with its high-level, well-focused audience, ranks among the best.  Its strength is that it is very transaction-oriented. The Forum not only brings together investors and stakeholders to initiate deals, but can help close transactions that would otherwise take months or years,” says Ebobissé. Ebobissé is the Chief Executive Officer of Africa50, an infrastructure investment platform helping… Read More
Investments 

Malawi: The African Development Bank approves $13.2 million for sustainable fisheries, aquaculture development and watershed management

The African Development Bank Group has approved a $13.2 million financing package from the African Development Fund for a fisheries and aquaculture development project in Malawi. The Sustainable Fisheries, Aquaculture Development, and Watershed Management project will provide infrastructure for increased fisheries productivity and market access. Board approval for the project was granted on 2 October 2019. The project is expected… Read More
Investments 

Maroc : la Banque africaine de développement soutient l’entreprenariat des jeunes et l’innovation

La Banque africaine de développement a pris part à l’édition 2019 des rencontres « Innovation et Jeunesse » qui se sont tenues du 30 septembre au 4 octobre derniers. Un évènement organisé conjointement par le ministère marocain de la Jeunesse et des Sports, le ministère danois des Affaires étrangères et le Programme des Nations unies pour le développement (PNUD). L’objectif de cette… Read More
Investments 

Inaugural forum paves the way for sustainable fertilizer financing in the West Africa region

Key stakeholders in West Africa’s fertilizer sector are calling for more action to support the industry, which is central to the continent’s agricultural revolution. The call came out of the first West Africa Fertilizer Financing Forum, organized by the African Fertilizer Financing Mechanism and partners, and held at the African Development Bank in Abidjan on 30 September and 1 October.… Read More
Investments 

African Development Bank President Akinwumi Adesina receives Emeka Anyaoku lifetime achievement award

Former Commonwealth Secretary-General Emeka Anyaoku has presented a Lifetime Achievement Award to the African Development Bank President Akinwumi Adesina, describing him and the Bank’s work as “ legendary, unprecedented and worthy of emulation.” The Hallmarks of Labour Foundation presented the Outstanding International Icon Award to Adesina at a ceremony held in Lagos on October 6th. The Hallmarks of Labour Foundation… Read More
Business Investments 

Bitcoin and Blockchain Explained

What is Bitcoin?  Bitcoin is an online investment system where money is being saved in a digital currency using Blockchain technology. We usually express Bitcoin as a digital currency in dollars. The stored value of bitcoin fluctuates like most currencies or precious metals such as gold or silver. In the cryptocurrency marketplace, there are over 2172 cryptocurrencies operating in 10,840… Read More
Musician John Malunga Business Investments 

Malawian Musician John Malunga arrested for selling counterfeit products

Renown Malawi musician, John Malunga is under police custody in the boarder district of Mchinji, for allegedly selling counterfeit products. Mchinji Police Station spokesperson Kaitano Lubrino, told The Maravi Post that Malunga was on contract with C & NF, a Mulanje-based company which produces and sells Ruo Body Cleaner (Ufa wa mbatata). The company hired the suspect to promote and sell… Read More
Malawi Kwacha Business Investments 

Malawi arrests Nigerian business man at Kamuzu Airport for Foreign exchange fraud

LILONGWE-(AGV)-The Malawi Police at Kamuzu International Airport (KIA). in the capital Lilongwe, on Monday afternoon arrested a 43-year old Nigerian national for attempting to externalize US$7,000 (MK5 million), which was hidden in his hand luggage.   KIA Spokesperson Sapulain Chitonde, identified the suspect as Egemonye Christian Chinedu, holder of a Nigerian Passport number A05010761.   Chinedu was apprehended inside the… Read More
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