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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 

East Africa Regional Economic Outlook 2023: Mid-term growth for East Africa region projected highest on the continent for 2023-4

Elwin Mandowa,
East Africa will register the highest regional economic performance on the continent in 2023 and 2024, with growth figures at over 5 percent, according to the newly published African Development Bank 2023 East Africa Economic Outlook. The report, launched on Thursday 27 July, projects mid-term economic growth in the region to accelerate to 5.1% in 2023 and 5.8 % in… Read More
Development Health Advice 

WHO hails Mauritius, Netherlands for tobacco control measures but global risks remain

Global Author
Hailing Mauritius and the Netherlands for implementing all of the UN health agency’s MPOWER tobacco control measures – a feat matched to date only by only Brazil and Türkiye – the WHO said that 2.3 billion people in 44 countries remain unprotected by tobacco control measures, exposing them to sickness and the economic burden of addiction.  In 53 countries, complete… Read More
Africa Investments 

Global icons Akinwumi Adesina, Ngozi Okonjo-Iweala, and Amina Mohammed receive prestigious Nigerian diaspora awards

Elwin Mandowa,
African Development Bank Group President Dr Akinwumi Adesina has been honoured by the Nigerians in Diaspora Commission (NIDCOM) with the prestigious National Diaspora Merit Award in recognition of his selfless service and contributions as a Nigerian Diaspora Global Icon. Other recipients in the Global Icon category are United Nations Deputy Secretary General Amina J. Mohammed, and Director General of the… Read More
Africa Investments 

African Development Bank, UN Environment Programme, partner to drive implementation of Kunming-Montreal Global Biodiversity Framework in Africa

Elwin Mandowa,
The African Development Bank is joining forces with the United Nations Environment Programme to advance implementation of the Kunming-Montreal Global Biodiversity Framework in Africa (KMGBF). The framework sets out an ambitious pathway to reach the global vision of a world living in harmony with nature by 2050. The African Development Bank and UNEP will partner to establish an Expert Group… Read More
Africa Investments 

African Development Bank achieves global first: Issues highest rated hybrid capital by a multilateral development bank

Elwin Mandowa,
The African Development Bank Group has received global recognition for its inaugural hybrid capital issuance, positioning the Bank as a pioneer in innovative sustainable financing. The S&P Global Ratings assigned an AA-rating to the debut transaction, the highest rating for hybrid capital. The proposed issuance would be the first ever by a multilateral development bank. Hybrid capital will have a… Read More
Africa Investments 

Zambia: Private sector to play key role in nation’s recovery with incoming financial and technical support

Elwin Mandowa,
Zambia’s success in restructuring its $6.3 billion bilateral debt under the G20 Common Framework continues to draw support from regional and global institutions. These institutions seek to ensure that the country sticks to the agreed debt arrangement, tackles debt owed to private commercial creditors—including Eurobond holders—and implements reforms critical to its economic recovery and growth.  The African Development Bank Group… Read More
Africa Investments 

North Africa Economic Outlook 2023: with economic growth set to reach 4.6 percent in 2023, North Africa should make green growth an urgent regional…

Elwin Mandowa,
North Africa Economic Outlook 2023: with economic growth set to reach 4.6 percent in 2023, North Africa should make green growth an urgent regional priority, according to the African Development Bank | African Development Bank Group – Making a Difference <!– African Development Bank Group Read More
Development Health Advice 

Sudan health crisis reaches ‘gravely serious levels’: WHO

Global Author
Cases of infectious diseases and other illness have been reported among displaced populations who have sought shelter in hard-to-reach locations, where health services are limited. “The scale of the health crisis is enormous. We are working hard to step up our response, delivering critical medical and other emergency health supplies,” said Dr. Nima Saeed Abid, WHO Representative in Sudan, speaking… Read More
Development Health Advice 

First Person: ‘Shocked’ into hepatitis C treatment in South Africa

Global Author
Koketso Mukubani now works as a Community Linkage Officer for the UN Office on Drugs and Crime-supported South African Network of People who use Drugs. The UNODC staffer spoke to UN News ahead of World Hepatitis Day on 28 July about receiving his diagnosis during a needle exchange outreach programmme, in which people who use drugs can get clean and unused… Read More
Africa Investments 

African Development Bank to launch West Africa Regional Economic Outlook 2023

Elwin Mandowa,
What: Launch of West Africa Regional Economic Outlook 2023 Who:  African Development Bank Group When:  Thursday, 27 July 2023; 14:00 (GMT) Where: Via Zoom, click here to join      The African Development Bank Group will launch the 2023 West Africa Regional Economic Outlook Report on Thursday, 27 July 2023, at 14:00 GMT The bank launched the main African Economic Outlook… Read More
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