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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 

African Development Bank supports development of satellite observations for African early warning systems

Elwin Mandowa,
The recently released Hydromet Gap Report highlighted weaknesses in Africa’s weather and climate observation systems that contribute to a lack of climate data and inadequate early warning systems. The report calls for the establishment of ground and upper air stations for basic observation and satellite data coverage to strengthen forecast and early warning mechanisms for extreme weather events. Some advances have… Read More
Development Health Advice 

On World Hepatitis Day, WHO calls to eliminate disease by 2030 

Global Author
While some progress has been made, World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus said that globally, “access to prevention, testing, and treatment services for viral hepatitis remains far too low”.  “Over 350 million people have chronic hepatitis, an estimated 80 per cent of them can’t access the care they need”, he added.  ‘Make our voices heard’  The day, observed annually on 28 July, aims to raise awareness of viral hepatitis, an… Read More
Development Health Advice 

COVID-19 infections rise, Delta variant spreads to 132 countries 

Global Author
Latest data from the World Health Organization (WHO) showed a “substantial” uptick in the Americas and the Western Pacific, which jumped 30 per cent and 25 per cent, respectively.  This contributed to a sharp rise in the number of coronavirus deaths overall, which climbed by 21 per cent compared with last week, to more than 69,000.  In the last week, global #COVID19 cases INCREASED by ~6.5% & deaths INCREASED by ~20.6% Last week >69,000 people died. This is an absolute travesty because… Read More
Development Health Advice 

Progress on tobacco fight, but new nicotine products pose increasing threat

Global Author
Compared with 2007, more than four times as many people — some 5.3 billion — are now covered by at least one WHO-recommended tobacco control measure. These six MPOWER measures are: Monitoring tobacco use and preventive measures Protecting people from tobacco smoke; offering help to quit Warning about the dangers of tobacco Enforcing bans on advertising Promotion and sponsorship Raising taxes on… Read More
Africa Business South Africa Southern Africa World 

Cannabis production as source of revenue for pandemic-stricken countries

Elwin Mandowa, , , , , , ,
– – Medical and adult use cannabis production could provide new sources of taxable revenue for countries seeking to recover financially in the aftermath of the pandemic. Recent legal developments in South Africa point to a growing attempt to harness the plant’s potential and ensure adequate control of the cultivation and sale of cannabis products. In April 2021, the South… Read More
Africa Investments 

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

Elwin Mandowa,
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

Elwin Mandowa,
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

Elwin Mandowa,
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

Global Author
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’

Global Author
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
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