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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 

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
Africa Investments 

African Development Bank and partners to work together on Zimbabwe’s debt action plan

Elwin Mandowa,
Zimbabwe has received reassurance of support for a strong push to help it clear its debt arrears. African Development Bank Group President Dr. Akinwumi Adesina, representatives of multilateral finance institutions, the Zimbabwean government, and other partners have agreed to work together to develop an action plan that will resolve the country’s debt arrears. Zimbabwe owes $13.5billion to multilateral financial institutions,… Read More
Africa Investments 

African Development Bank Group approves Euro 50 million Trade Finance Risk Participation Partnership with Societe Generale to support local banks and…

Elwin Mandowa,
The Board of Directors of the African Development Bank Group on Wednesday 13 July approved a €50 million unfunded risk-sharing facility partnership with Societe Generale to further support trade finance activities across Africa. The facility will contribute to reducing Africa’s trade finance gap by enhancing Societe Generale’s risk bearing capacity by up to fifty percent, enabling it to provide increased… Read More
Development Health Advice 

Mystery child hepatitis outbreak passes 1,000 recorded cases, says WHO

Global Author
According to a new update on Wednesday from the World Health Organization (WHO), 35 countries in five regions of the world have now reported more than 1,010 probable cases of unexplained severe acute hepatitis, or liver inflammation, in youngsters, since the outbreak was first detected on 5 April. So far, 22 children have died, and almost half of the probable cases have been reported in… Read More
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