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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

Development Health Advice 

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

Global Author
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

Elwin Mandowa,
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

Global Author
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

Village Reporter,
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

Elwin Mandowa, , , , ,
– – 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
Africa Investments 

African Development Bank participates in launch of AGRF platform linking Africa’s SMEs to investment opportunity

Elwin Mandowa,
The African Development Bank’s incoming Vice President for Agriculture, Human and Social Development, Dr. Beth Dunford, and  Director for Agricultural Finance and Rural Infrastructure Development Atsuko Toda joined development leaders online to launch this year’s African Green Revolution Forum (AGRF) Agribusiness Deal Room. The AGRF’s agriculture matchmaking platform initiative links some 4,000 actors in the agriculture sector to investment and… Read More
Africa Investments 

MDBs’ climate finance rose to $66 billion in 2020, joint report shows

Elwin Mandowa,
MDBs publish 2020 Joint Report on Multilateral Development Banks’ Climate Finance Eight MDBs committed $66 billion for climate finance in 2020, up from $61.6 billion Of the total, 58 per cent was committed in low- and middle-income countries Climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in… Read More
Development Health Advice 

COVID-19 impact on tourism could deal $4 trillion blow to global economy: UN report

Global Author
The estimate is based on losses caused by the pandemic’s direct impact on tourism and the ripple effect on related sectors, and is worse than previously expected.  Last July, UNCTAD estimated that the standstill in international tourism would cost the global economy between $1.2 trillion and $3.3 trillion.  The steep drop in tourist arrivals worldwide in 2020 resulted in a… Read More
Africa Investments 

Webinar on climate change adaptation amid Covid-19

Elwin Mandowa,
What:    Webinar on climate change adaptation Who:     The Civil Society and Community Engagement Division of the African Development Bank, the Economic, Social & Cultural Council of the African Union, and the Africa Centres for Disease Control and Prevention When:    8 July 2021, 10.30-12.00 GMT Where:    Virtual The Civil Society and Community Engagement Division of the African… Read More
Africa Investments 

Korea to channel $600 million into energy investments alongside the African Development Bank

Elwin Mandowa,
The African Development Bank, the Korean Ministry of Economy and Finance and the Export-Import Bank of Korea have signed an agreement, under which Korea will provide $600 million in co-financing for energy projects alongside the African Development Bank. The Korea-Africa Energy Investment Framework (KAEIF) pact follows the signing on 28 May 2021 of a General Cooperation Agreement between the Bank… Read More
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