Development Health Advice 

Amidst stalled HIV prevention, WHO supports new long-acting prevention drug cabotegravir

New World Health Organization (WHO) guidelines advise countries to use the new potentially game-changing drug which is not yet available for sale, as a pre-exposure prophylaxis (PrEP) for HIV, and as part of a comprehensive approach to prevent the virus from spreading. Those using most PrEP medications on the market, have to remember to take their medication daily, a greater challenge… Read More
Africa Investments 

African Development Bank, African Organisation of English-speaking Supreme Audit Institutions, launch $8 million project to promote transparency and…

The African Development Bank and the African Organisation of English-speaking Supreme Audit Institutions (AFROSAI-E) have officially launched a three-year support project to improve regional collaboration and coordination between public sector accountancy institutions in Africa, aimed at increasing professionalism and efficiency in the sector. The launch of the African Financial Integrity and Accountability Support Project (AFIAP) took place in Waterkloof Pretoria… Read More
Africa Investments 

African Development Bank and African Guarantee Fund sign $110 million agreement with Tanzania’s CRDB Bank to boost access to finance by women’s SMEs

The African Development Bank today signed a $60 million financial package comprising $50 million subordinated debt to support CRDB Bank’s regional expansion efforts and a senior loan of $10 million to accelerate access to finance for small businesses managed and owned by women in Tanzania. The facility is coupled with a $175,000 technical assistance grant from the African Development Bank’s… Read More
Development Health Advice 

Children at risk of new ‘unexplained acute hepatitis’ outbreak – UN health agency

The current uptick focuses attention on the thousands of acute viral hepatitis infections that occur every year among children, adolescents, and adults. Treat hepatitis WHO, together with scientists and policymakers in affected countries, are working to understand the cause of this infection that does not appear to belong to any of the known five types of hepatitis viruses: A, B,… Read More
Africa Business West Africa World 

Entrepreneurs in West Africa need donor support to boost SME growth

– – The US based Aspen Institute of Development Entrepreneurs (ANDE) in partnership with Impact Investing Ghana (IIG) hosted West Africa’s leading Investors, Entrepreneurship Support Organizations and Entrepreneurs to promote better connections and to further support the entrepreneurial ecosystem growth. At the end of the annual West Africa Regional conference in Accra, on the theme “Accelerating Small and Growing Business… Read More
Africa Business East Africa Rwanda World 

5 Best Forex Brokers in Rwanda

– – Rwanda allows a free-wheeling foreign exchange market where commercial banks are allowed to buy foreign currency at set floating rates. Given Rwanda’s pro-business position on forex, finding an internationally registered online forex broker to trade from Rwanda should not be difficult. There are many options available to Rwandan traders in terms of forex brokers, and here we will… Read More
Africa Investments 

Ethiopia: African Development Fund approves $4.3 million grant to fund capacity building, boost economic resilience

The Board of Directors of the African Development Fund has approved a $4.3 million grant to fund capacity building within Ethiopia’s finance ministry and related government departments, to enable the country tackle declining growth and other economic challenges. The Ministry of Finance will implement the project. The African Development Fund is the concessional lending arm of the African Development Bank… Read More
Africa Investments 

African Development Bank adopts new Country Strategy paper for Egypt covering 2022-2026

The African Development Bank Group’s Board of Directors has approved Egypt’s Country Strategy Paper for the 2022-2026 period. Under the new strategy, the Bank will be guided by the priorities of the country’s National Development Plan— also known as Egypt’s Vision 2030— and its Government Action Program 2023-2027. The goal is to support the country’s efforts to build a competitive… Read More
Africa Investments 

Zambia : African Development Fund approves $14.4 million loan to boost food security in regional breadbasket

The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group, has approved a $14.4 million loan to enhance food security in Zambia, a key supplier to countries in the region. The financing is anchored in the African Development Bank Group’s African Emergency Food Production Facility. In Zambia, it will provide certified seeds… Read More
Africa Investments 

USTDA and AIF Showcase Women as Investment Champions

The U.S. Trade and Development Agency (USTDA) and African Development Bank’s Africa Investment Forum (AIF) co-hosted a forum of 40 women leaders who are delivering high-quality solutions for Africa’s infrastructure needs. The forum took place during last week’s U.S.-Africa Business Summit, in Marrakech, Morocco. During the forum, USTDA and AIF showcased how their existing partnership advances women-led sustainable infrastructure in… Read More
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