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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 

Botswana: Private sector development in Southern Africa region gets boost with approval of $30 million loan to Norsad Capital from African…

Elwin Mandowa,
The Board of Directors of the African Development Bank Group today  approved a $30 million loan to Norsad Capital Limited, a Botswana-based impact investor, to finance agro-processing, healthcare, financial services, manufacturing, information & communication technology and education enterprises.  Through the funding, the Bank seeks to catalyze increased access to longer-term financing for businesses and to promote private sector development in… Read More
Africa Investments 

African Development Bank calls for strong investment in the youth at 2022 Commonwealth Business Forum

Elwin Mandowa,
The 2022 Commonwealth Business Forum opened in Kigali, Rwanda, on Tuesday with a resounding call for action to do more to spur intra-Commonwealth trade, protect the environment and invest in young people for an equitable common future. African Development Bank President Dr. Akinwumi Adesina was one of several high-level speakers on a panel at the event. The forum—a run-up to… Read More
Africa Investments 

Outside the classroom, Ghanaian student thrives as a poultry farmer

Elwin Mandowa,
Mornings start early for Clara Saibu of Tamale in Ghana. She doesn’t wake up to the sound of an alarm clock, but to chickens, waiting to be fed. Saibu, a 23-year-old final-year student at the University of Cape Coast, is also a poultry farmer and beneficiary of the Savannah Investment Program, a national agriculture program financed by the African Development… Read More
Africa Business World 

Indirect tax developments in Sub-Saharan Africa

Elwin Mandowa, , , , , ,
– – There have been significant developments in indirect tax within Sub-Saharan Africa (SSA) in the past year. The vast majority of developments have been based around VAT amendments and policies, as well as general budget updates for 2022 across SSA. This article includes key developments from Ghana, Kenya, Namibia, Nigeria, South Africa, Tanzania, Zambia and Zimbabwe. Ghana The Parliament… Read More
Africa Investments 

African Development Bank Group supports Cabo Verde’s Investment Forum as it targets €2 billion in investments

Elwin Mandowa,
The fourth edition of the Cabo Verde Investment Forum has successfully ended in Sal Island, with active support from the African Development Bank. The Forum, held from 16-17 June 2022, was set up to accelerate private and public financial sector investments to drive sustainable economic growth and job creation in Cabo Verde. The island nation’s prime minister, Dr. Ulisses Correia… Read More
Business 

‘US’ Inflation outpaces wages growth by over 3% in May ’22

Village Reporter
America is in the throes of its worst inflation crisis in over four decades. According to the  United States Bureau of Labor Statistics, the Consumer Price Index for All Urban Consumers has jumped by 8.6% over the last 12 months. This represents the highest reading achieved since December 1981. Accordingly, that spike in inflation has raised concern among most Americans. That’s… Read More
Development Health Advice 

Safe in the sun? UN launches new app to help beat skin cancer

Global Author
The SunSmart Global UV App, is the collective brainchild of the World Health Organization (WHO), the International Labour Organization (ILO), the World Meteorological Organization (WMO) and the UN Environment Programme (UNEP). Five-day forecast “The SunSmart Global UV App provides five-day UV and weather forecasts at searchable locations”, said Carla Drysdale, spokesperson for WHO. While speaking today at a briefing at… Read More
Development Health Advice 

Celebrating the union of body and soul: UN marks International Yoga Day

Global Author
Returning to an in-person format this year, the verdant North Lawn was transformed into a sprawling exercise area for the yoga demonstration session, where experienced yogis and curious newcomers alike, flexed their bodies – and minds. Spirit of togetherness Yoga is an ancient physical, mental and spiritual practice that originated in India and is now practiced in various forms around… Read More
Africa Investments 

Gabon: African Development Bank and Government host national consultations to review the Country Diagnostic Note and Country Strategy Paper 2016-2022

Elwin Mandowa,
The African Development Bank will join the Gabonese Government to host national consultations on the Country Diagnostic Note and Country Strategy Paper for the 2016-2022 period in Libreville, from 21 to 24 June. Key stakeholders in the discussions will include the Ministry of Recovery and Economy, technical departments of sectoral ministries, financial partners, civil society, academics and the private sector.… Read More
Africa Investments 

In 2021, Africa notches strong progress in building tax transparency, tackling illicit financial flows

Elwin Mandowa,
African countries’ requests for information for tax collection purposes rose 26% over the previous year, signaling continued progress toward tax transparency in spite of a challenging environment,  according to a report by The Africa Initiative, launched on Tuesday in Nairobi. The Tax Transparency in Africa 2022 report, which covers 38 countries, documents Africa’s progress in tackling tax evasion and other… Read More
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