Africa Investments 

Virtual Meeting for Asian Investors Ahead of the Africa Investment Forum Market Days 2022

What:     Virtual investor meeting for Asian investors in preparation for Africa Investment Forum Market Days 2022 Who:      The African Development Bank Asia External Representation Office;Export-Import Bank of Korea (KEXIM), India Exim Bank, and Japan Bank for International Cooperation (JBIC) When:    Wednesday, 14 September 2022; Time: 12:30-14:00 PM (India Standard Time); 16:00-17:30 PM (Korea/Japan Standard Time); 7:00-8:30 AM GMT Where:   Virtual… Read More
Africa Business Southern Africa World Zambia 

IMF approves a $1.3 billion loan program for Zambia

– – The International Monetary Fund has given approval for a $1.3 billion, 38-month loan program for Zambia. The approval given on Wednesday is a crucial step in helping the country to restructure its debts and rebuild an economy ravaged by mismanagement and COVID-19. The IMF said in a statement that the new Extended Credit Facility arrangement would provide total… Read More
Africa Business Nigeria News and Headlines West Africa World 

Emirates to resume flights to Nigeria after release of funds

– – Emirates has said that it will resume some flights to Nigeria this month after the Central Bank of Nigeria released a portion of funds the Dubai airline had earned in the country. The airline had not been able to repatriate its funds from Nigeria and decided to suspend flights temporarily effective September 1. An airline spokesperson said flights… Read More
Development Health Advice 

Onset of northern winter could see spike in COVID-19 hospitalizations, deaths

Speaking on Wednesday, WHO chief Tedros Adhanom Ghebreyesus again beat the drum for vaccination to reduce spread of the disease.  “Even if you are vaccinated, there are simple things you can do to reduce your own risk of infection, and to reduce the risk of infecting someone else.Avoid crowds if you can, especially indoors. If you are in a crowded… Read More
Africa Investments 

Africa received record private investment in infrastructure in 2020, African Development Bank VP tells TICAD panel

Africa received its highest proportion of private sector investment in infrastructure in 2020, sending an important signal to governments and investors. African Development Bank Vice President for the Private Sector, Infrastructure and Industrialization, Solomon Quaynor, underlined this point during a webinar organized by the African Development Bank and the Japan International Cooperation Agency (JICA) on 24 August. The online event… Read More
Africa Investments 

2022 Africa Climate Week: Experts discuss Africa’s needs and priorities ahead of COP27

Amid a call for urgent action to safeguard the continent from climate change, Gabon’s President Ali Bongo Ondimba opened the 2022 Africa Climate Week by highlighting his country’s efforts to boost climate action and calling for continuous collective efforts. “For more than ten years, we have intensified our efforts to protect our remarkable forestry heritage and build a low-carbon economy,”… Read More
Africa Business South Africa Southern Africa World 

Why Does the Expansion of All Forex Brokers Start in South Africa?

– – One of the most developed countries on the African continent is South Africa, which has good tech literacy, has a young population. Especially in the last few years, the citizens of the country, which has been at the top of all countries in the world in forex trading, have shown an interest in online trading and become the… Read More
Africa Investments 

TICAD8: Full Statement by AfDB President, Dr. Akinwumi A. Adesina at the Business Leaders Forum

The African Development Bank Group played a key role in the eighth edition of the Tokyo International Conference on African Development (TICAD), held this year in the Tunisian capital, Tunis, as Japan, a long-standing development partner of Africa, continues to lend its economic weight to the continent’s progress. TICAD8 took place from 27 to 28 August and brought together delegates… Read More
Africa Investments 

Africa Adaptation Dialogue: implementing the vision

What:      Africa Adaptation Dialogue: implementing the vision When:     31 August 09:30 – 10:30 CAT Where:    Libreville, Gabon Who:       Global Center on Adaptation; Africa Adaptation Initiative (Chaired by Gabon); African Development Bank Despite contributing the least to global warming, Africa finds itself on the frontline of the climate emergency, with the impacts of external shocks exacerbating these vulnerabilities. Indeed, large portions… Read More
Africa Investments 

Africa’s renewable energy resources offer huge investment opportunities for Japanese business – Dr Akinwumi Adesina

Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank President Dr. Akinwumi Adesina urged participants at the 8th Tokyo International Conference on African Development (TICAD8). Adesina commended the Japanese government and private sector for their strong support to Africa’s development. He told Japanese businesses to… Read More
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