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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 

Africa should produce vaccines on the continent, African Development Bank Group head says on eve of the group’s 2021 Annual Meetings

Elwin Mandowa,
African Development Bank Group president Dr Akinwumi A. Adesina has again urged regional leaders to focus on vaccine production and access for the African continent as the Covid-19 epidemic continues to take lives and hurt economies and livelihoods. Adesina addressed leaders of the Economic Community of West African States (ECOWAS) at a special summit held on Saturday, just days before… Read More
Development Health Advice 

COVID-19: First mRNA vaccine tech transfer hub a ‘great step forward’

Global Author
The facility will allow manufacturers from developing countries to receive training in how to produce vaccines, and the relevant licenses to do so, as part of global efforts to scale-up access to lifesaving treatments.  Vaccine inequity has demonstrated that in a crisis, low-income countries can’t rely on vaccine-producing countries to supply their needs.Delighted to announce with my brother President @CyrilRamaphosa,… Read More
Africa Investments 

Fashionomics Africa teams up with Vogue Italia, Facebook, key digital media players to help fashion entrepreneurs stand out

Elwin Mandowa,
More than 4.5 billion active internet users, or 60% of the world’s population, have an online presence, according to Statista, an online market and consumer data firm. Tapping that audience is critical to grow businesses and brands. A recent Fashionomics webinar brought together fashion and textile industry experts to explore ways to leverage digital media platforms to boost African fashion.… Read More
Africa Business West Africa World 

West African countries to adopt single currency in 2027

Elwin Mandowa, , , , , , ,
– – Ecowas leaders have agreed to now work towards launching a single currency by January 2027. The West African regional bloc had planned to adopt the currency called Eco in 2020 but said the road map was disrupted by the Coronavirus pandemic. On Saturday however the West African leaders at a summit in Ghana’s capital, Accra agreed a new… Read More
Development Health Advice 

COVID-19: Vaccines donated next year, ‘too late for those who are dying today’

Global Author
That was one of the main messages relayed to reporters on Friday by World Health Organization (WHO) chief, Tedros Adhanom Ghebreyesus, who said if richer countries and pharmaceutical companies wait to donate and produce more shots until next year, that will be “too late for those who are dying today.” Lauding Guinea’s expected announcement on Saturday that its latest Ebola… Read More
Africa Investments 

Covid-19: African countries win the race against time with testing laboratories

Elwin Mandowa,
In March 2020, Africa had its back to the wall, helpless in the face of the magnitude of a virus that appeared in Asia and quickly spread to the entire planet. Only two African countries were then able to test for the novel coronavirus: Senegal, with its Pasteur Institute, and South Africa, the most industrialized country on the continent. But… Read More
Africa Investments 

Africa Renewable Energy Fund II secures €125 million first close with SEFA and CTF investments

Elwin Mandowa,
The Africa Renewable Energy Fund II has achieved its first close at €125 million, following a joint investment of €17.5 million from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank. AREF II, a successor to the original Fund, is a 10-year closed-ended renewable energy Private Equity Fund with a $300 million target… Read More
Africa Investments 

IFC and the African Development Bank Launch Program to Support Women Farmers in Côte d’Ivoire

Elwin Mandowa,
In order to boost the professional capacities, incomes and access to finance of thousands of Ivorian women smallholder farmers in the staple food sector, IFC and the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative announced today a new partnership program. The three-year advisory project – in consultation with Côte d’Ivoire’s government and financial institutions –… Read More
Development Health Advice 

One in every 100 dies by their own hand, each suicide ‘a tragedy’ – WHO

Global Author
Based on its estimates that more than 700,000 people, or one-in-100, died by suicide in 2019, the World Health Organization (WHO) produced new LIVE LIFE guidelines to help countries reduce that rate by a third, no later than 2030. “We cannot – and must not – ignore suicide”, said WHO chief Tedros Adhanom Ghebreyesus. COVID pressure From job loss to financial… Read More
Africa Investments 

Egypt: African Development Bank approves loan of €83 million for Egypt’s electricity sector to spur economic recovery from Covid-19

Elwin Mandowa,
The Board of Directors of the African Development Bank have approved an €83 million loan to finance the second phase of Egypt’s Electricity and Green Growth Support Program. The funding is part of the Bank’s budget support to the Egyptian government to strengthen its electricity infrastructure, which is expected to bolster the private sector and accelerate recovery from the Covid-19… Read More
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