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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 

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
Africa Investments 

Sustainable and Responsible Finance

Elwin Mandowa,
The webinar, titled Sustainable and Responsible Finance: Lending and investing with care for environmental and social impacts, will bring together expert panelists to discuss the importance of sustainable and responsible finance in Africa. Panelists will share their perspectives on: How financial institutions can develop a holistic environmental and social framework that has a positive impact, aligned with the best practices… Read More
Africa Business World 

Azimo offers free remittances amid gloomy World Bank predictions

Elwin Mandowa, , , , , ,
– – Azimo, the digital money transfer service, is offering a fee-free transfer for all senders on June 16, the UN’s International Day of Family Remittances, after remittance volumes in 2020 beat expectations. The International Day of Family Remittances was launched in 2015 to raise awareness of the contribution that migrant workers make to the economies of their home countries.… Read More
Africa Business World 

10 Best Profit-Making African Business Ideas

Elwin Mandowa, , , , , ,
– – Despite the impact of the pandemic, the African economy is expected to increase this year, and the number of new millionaires on the continent is growing at an exponential rate; with its wealth of resources and untapped investment potential, African business possibilities could be a lucrative option for entrepreneurs, individuals and investors.  Let’s have a look at the… Read More
Development Health Advice 

Five polio vaccination workers shot dead in Afghanistan; UN condemns ‘brutal’ killings

Global Author
The UN humanitarian coordination office OCHA, said the deaths and injuries occurred during five separate attacks on health workers – the latest in a recent spate which saw three health workers killed in March during the national polio vaccination effort in Nangahar. Earlier this month, humanitarian workers with the Halo Trust demining group, came under attack in northern Afghanistan,  where extremists… Read More
Development Health Advice 

‘Digital dumpsites’ study highlights growing threat to children: UN health agency  

Global Author
In a statement coinciding with the launch, WHO Director-General Tedros Adhanom Ghebreyesus warned that the health threat was growing, in line with the “mounting ‘tsunami of e-waste’”.  “In the same way the world has rallied to protect the seas and their ecosystems from plastic and microplastic pollution, we need to rally to protect our most valuable resource –the health of our children… Read More
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