Africa Investments 

Hundreds gather for Third Japan-Africa Business Forum, prelude to TICAD 8

Around 1,600 people from all over Africa and Japan gathered over six days to explore closer business ties at the Third Japan-Africa Business Forum, which this year attracted the highest number of participants since its launch. The conference was organized by the Asia External Representation Office of the African Development Bank, in coordination with the African Diplomatic Corps in Tokyo,… Read More
Africa Investments 

African Development Bank launches $2.75 billion 0.875% Global Benchmark due 22 July 2026

The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), has launched and priced a $2.75 billion 5-year Global Benchmark bond due 22 July 2026, its second of the year. With this latest issue, the African Development Bank continues to carry out its funding strategy of issuing large liquid benchmark transactions and adds another on-the-run reference in the 5-year… Read More
Africa Investments 

Fitch affirms Triple A-rating of the African Development Bank. Outlook stable

Global credit rating agency Fitch Ratings has affirmed the African Development Bank’s credit rating at ‘AAA’, with a stable outlook. Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the Bank’s shareholders. Fitch views the Bank’s risk-management policies as ‘conservative’ and assesses them as ‘excellent’, in line with AAA-rated peers. “Concentration risk is ‘low’, with the bank’s five largest exposures accounting… Read More
Development Health Advice 

Revealed: Inequalities persist in HIV prevention, child treatment services

The final report from the Start Free, Stay Free, AIDS Free initiative, issued in Geneva on Wednesday, warns that progress on ending AIDS among children, adolescents and young women has stalled and requires urgent action.  Four-fold increase  The five-year framework began in 2015 and followed on from a global plan to reduce new HIV infections among children by that year,… Read More
Development Health Advice 

WHO’s Tedros backs Tokyo Olympic Games ‘power to inspire’

Speaking in the Japanese capital Tokyo, he said the world must unite with “determination, dedication and discipline” to triumph over the COVID-19 pandemic.  “More than any other event (the Games) have the power to bring the world together; to inspire; to show what is possible,” Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization (WHO) told the International Olympic Committee, with the Olympic flame in his hand.  He warned that the world was now… Read More
Africa Investments 

Fashionomics Africa, Google train African fashion entrepreneurs in digital marketing strategies

The African Development Bank’s Fashionomics Africa initiative and Google held a 2-hour virtual masterclass on using digital tools and social media for African fashion entrepreneurs. The online session, on 2 July, aimed to equip African fashion entrepreneurs with tools to plan and execute a digital marketing strategy; how to use social media and e-mail effectively; and creating a digital presence… Read More
Africa Business World 

Soros Economic Development Fund acquires Mologic Ltd

– – A group of philanthropic funds and investors led by the Soros Economic Development Fund (SEDF), with support from the Bill & Melinda Gates Foundation, has announced the launch of Global Access Health (GAH), a social enterprise that will seek to expand access to affordable state-of-the-art medical technology through decentralized research, development, and manufacturing in and for the Global… Read More
Development Health Advice 

Chess calms nerves, improves mental health throughout pandemic 

Games and sports of all kind, have always helped reduce anxieties, improve mental health, and survive times of crisis.   Over the past few months, the overall interest in chess has reportedly doubled with more players than ever playing in events online.  A combination of strategic and scientific thinking, combined with elements of pure art, chess is one of the most cultural of games handed down over generations, the UN recognizes.  Crossing barriers Affordable and inclusive, chess can be played anywhere and played by all – across the barriers of language, age, gender, physical… Read More
Africa Investments 

Call for Papers—Deadline Extension: 2021 African Economic Conference

The 2021 African Economic Conference (AEC), jointly organized by the United Nations Development Programme (UNDP), the African Development Bank (AfDB), and the Economic Commission for Africa (ECA) will be held in Cabo Verde, as well as virtually, from 2 to 4 December 2021. Since its inception in 2006, the AEC series has fostered dialogue and the exchange of knowledge on a variety… Read More
Africa Business Featured Ghana West Africa World 

AfCFTA honours ex-Nigerien leader with a statue in Ghana

– – A bronze bust statue on a marble stone has been unveiled at a ceremony in Ghana’s capital, Accra to honour former president of Niger, Mahamadou Issoufou. The statue was unveiled in the presence of five African heads of state at the forecourt of the secretariat of the African Continental Free Trade Area (AfCFTA) based in Accra. Issoufou was… Read More
Social media & sharing icons powered by UltimatelySocial