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 Africa presents many challenges to doing business, but to those who are willing to learn and understand the intricacy of the Continent many benefits await www.africaglobalvillage.com

Africa Investments 

Kenya: African Development Bank approves a €63 million loan to increase cereals and oil seed production

Elwin Mandowa,
The Board of Directors of the African Development Bank Group has approved a €63 million loan to Kenya to significantly boost cereals and oil seeds production by over 1.5 million metric tonnes over the next two years. The production increase will help bolster national food security and economic resilience. The loan is part of the African Development Bank’s $1.5 billion African… Read More
Africa Investments 

Gabon: African Development Bank and Government Discuss Partnership and Development Priorities for 2023-2027

Elwin Mandowa,
The African Development Bank Group and the Gabonese government held national consultations from 20-23 June, on the Country Diagnostic Note and the 2016-2022 Country Strategy Paper. Discussions were held between a delegation led by Bank Country Manager for Gabon, Nouridine Kane Dia, and a government delegation headed by the Minister of Economy and Recovery and Governor of the Bank for… Read More
Africa Business South Africa Southern Africa World 

South Africa’s recovery is on its way but downside risks remain

Elwin Mandowa, , , , , , , ,
– – Following a robust recovery in 2021 after the Covid-19 pandemic (+4.9 percent), the GDP of South Africa is anticipated to continue expanding over the next two years, but at a slower pace. Analysts are expecting growth to increase by 1.8 percent in 2022, and by 1.3 percent in 2023 according to the latest OECD forecasts. But the South… Read More
Africa Investments 

Cabo Verde: Cabo Verde Prime Minister, African Development Bank head affirm commitment to strengthen island nation’s economy from exogenous shocks

Elwin Mandowa,
The African Development Bank Group President Dr Akinwumi Adesina has met with Cabo Verde Prime Minister José Ulisses de Pina Correia e Silva on an official visit to the institution’s headquarters in Abidjan. The two discussed the economic situation of Cabo Verde and emphasized the need to strengthen the country’s emergence in the face of exogenous shocks such as the… Read More
Africa Business World 

Understanding currency pair sentiment

Elwin Mandowa, , , , , , , ,
– – An important aspect of any profitable approach for trading foreign exchange is having an understanding of the impact that sentiment has on the values of currency pairs. If you are able to understand these sentiments through the quantified tools and resources that are available to forex traders, then you will be able leverage this sentiment in a timely… Read More
Development Health Advice 

Animal-to-human diseases on the rise in Africa, warns UN health agency

Global Author
“And more than 75 per cent of emerging infectious diseases, are caused by pathogens shared with wild or domestic animals,” WHO Regional Director for Africa Matshidiso Moeti told journalists at a media briefing. “They account for a substantial burden of disease, resulting in about a billion sick people, and millions of deaths globally every year”. Zoonotic spike The analysis finds that… Read More
Africa Investments 

African Development Bank Group President Akinwumi Adesina visits Morocco

Elwin Mandowa,
The President of the African Development Bank Group, Dr. Akinwumi A. Adesina, will travel to Marrakesh on Monday, 18 July 2022, for a four-day visit. “Morocco is a source of inspiration; a country that demonstrates that, with ambition, will, and resources, transformation can become a reality,” said Dr. Adesina. “The Kingdom is our premier partner, with a large portfolio of… Read More
Africa Investments 

La Tunisie lance, avec le soutien de la Banque africaine de développement, une nouvelle stratégie d’industrialisation et d'innovation

Elwin Mandowa,
La cheffe du gouvernement tunisien, Najla Bouden Ramadan, a lancé, le 6 juillet à Tunis, une nouvelle Stratégie pour l’industrialisation et l’innovation qui, à l’horizon 2035, contribuera à créer 840 000 emplois industriels et à porter la valeur des exportations à 36 milliards de dinars tunisiens.   Portée par le ministère tunisien de l’Industrie, des Mines et de l’Énergie, l’élaboration… Read More
Africa Investments 

African Development Bank approves $175 million Regional Trade Finance Funded Risk Participation Agreement facility for Eastern and Southern African…

Elwin Mandowa,
The Board of Directors of the African Development Bank Group has approved a $175 million Trade Finance Funded Risk Participation Agreement facility between the African Development Bank and Trade & Development Bank (TDB). The agreement is expected to boost intra-Africa trade, promote regional integration, and contribute to the reduction of the trade finance gap in Africa. The Bank will provide… Read More
Development Health Advice 

More women work in health and care but they earn 24 per cent less than men: UN report

Global Author
The gender pay gap in the health and care sector: a global analysis in the time of COVID-19, was published by the International Labour Organization (ILO) and the World Health Organization (WHO).   It documents a raw gender pay gap of roughly 20 percentage points which jumps to 24 percentage points when factors such as age, education and working time… Read More
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