Africa Investments 

Appointment announcement acting Auditor General Mr. Mouhamed BA

The African Development Bank Group is pleased to announce the appointment of Mr. Mouhamed BA as Acting Auditor General, effective June 1st, 2021. As Acting Auditor General, Mouhamed will be responsible for managing the internal audit activities of the African Development Bank Group, reporting to the President and the Audit and Finance Committee of the Board of Directors. A Senegalese… Read More
Africa Business South Africa Southern Africa World 

Chatbots: The solution to SA’s service delivery woes?

– – Finance Minister Tito Mboweni recently said that communities and businesses are becoming increasingly intolerant of municipalities that can neither deliver basic services nor conduct their administration effectively. With lack of employee capacity being one of the root causes of poor service delivery, Kyle Oosthuizen, Chief Operating Officer at Blue Robot, believes that chatbots could be a solution. He says:… Read More
Africa Investments 

African Development Bank’s new economic governance strategy advocates bold public finance reforms

The African Development Bank on Friday launched its Strategy for Economic Governance in Africa (SEGA), aimed at fostering transparent and accountable governments and institutions to secure inclusive, sustainable development. The strategy proposes bold reforms in the management of public finances to eliminate revenue ‘leakages’ and ensure an efficient, productive, and transparent use of scarce resources. The paper comes amid the… Read More
Africa Investments 

African Development Bank’s Water and Sanitation Development Department launches the Bank’s new Policy on Water

The African Development Bank has virtually launched its new policy on water in a virtual ceremony. The event, held 22 June was attended by Acting Vice President for Agriculture, Human and Social Development Atsuko Toda, and Osward Chanda, Acting Director, Water Development and Sanitation Department. In her opening remarks, Toda underscored the importance of the water policy to the Bank’s… Read More
Development Health Advice 

COVID-19 Delta variant detected in 98 countries, continues to evolve and mutate, warns WHO

“In those countries with low COVID-19 vaccination coverage, terrible scenes of hospitals overflowing are again becoming the norm. But no country is out of the woods yet”, said Tedros Adhanom Gebreyesus, during his biweekly press conference. ‘Careful adjustment’ Tedros explained that the Delta variant is ‘dangerous’ and continues to evolve and mutate, and this requires constant evaluation and ‘careful adjustment… Read More
Development Health Advice 

Billions risk being without access to water and sanitation services by 2030 

Latest data from the World Health Organization (WHO) and UN Children’s Fund (UNICEF) reveals that three in 10 people worldwide could not wash their hands with soap and water at home during the COVID-19 pandemic.  “Handwashing is one of the most effective ways to prevent the spread of COVID-19 and other infectious diseases, yet millions of people across the world lack access to a reliable, safe… Read More
Africa Investments 

African Development Bank’s Affirmative Finance Action for Women in Africa program showcased at Generation Equality Forum

The African Development Bank Group President, Dr. Akinwumi A. Adesina, joined French President Emmanuel Macron and others at the Generation Equality Forum in Paris, where he highlighted the role of the Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative in growing the continent’s women-led businesses. “Women run Africa and they should run Africa…they create more businesses than men… Read More
Development Health Advice 

Social protection ‘lifeline’ during COVID, depends on where you live

Offering fresh data on how social assistance spending has cushioned the unparalleled economic shock triggered by the pandemic, the UN Development Fund’s (UNDP) Mitigating Poverty assessment, revealed that in the 41 countries for which data was available, around 12 million people were prevented from falling below the poverty line, out of 15 million in danger.  Rich countries fair better  While the overall mitigation impact was strong, the study also uncovered that it was largely confined to high and upper middle-income States.  Rich countries spent… Read More
Investments Malawi 

7 Reasons why FxPro is considered as one of the best Forex Brokers in Malawi

FxPro Overview FxPro is a UK-based No Dealing Desk, or more commonly known as NDD, broker that has been in operation since 2006. FxPro offers its services in more than 170 countries. FxPro is a trusted, well-regulated broker that has transparent fees and charges in addition to the highest standards pertaining to client funds in addition to having won over… Read More
Africa Business World 

ZEEPAY completes Series A fund-raise at $7.9 million

– – Leading Ghanaian Fintech Zeepay, has today announced completion of a USD7.9 million Series A.0 funding. The funding is a hybrid of both equity and balance sheet funds to support its operations. Zeepay enables digital remittances from the diaspora to mobile wallets, bank accounts and visa cards across 20 markets in Africa. The fundraise was led by I&P, an impact… Read More
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