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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 

Sudan: African Development Bank Group approves proposal to clear $413 million arrears

Elwin Mandowa,
The Boards of Directors of the African Development Bank Group on Friday approved a proposal for the clearance of about $413 million in arrears on loans owed by Sudan to the institution, marking a major milestone in the country’s re-engagement with international financial institutions and the global economy. The proposal enables the Bank to proceed with clearing Sudan’s arrears with… Read More
Africa Investments 

Africa’s recovery pathway offers enormous opportunities, African Development Bank head says at EU-Africa Green Investment Forum

Elwin Mandowa,
Sounding a note of optimism at the European Union-Africa Green Investment Forum on Friday, African Development Bank President Dr. Akinwumi A. Adesina reminded global audiences of the continent’s vast opportunities for green growth. “Africa is a huge market offering incredible opportunities. The recovery pathway offers enormous opportunities. Recovery must be green and build climate resilience. Recovery must boost green investments,”… Read More
Development Health Advice 

ACT now to speed up funding for COVID-19 tools, UN officials say

Global Author
The study was released to mark the first anniversary of the Access to COVID-19 Tools (ACT) Accelerator, and was launched at a commemorative event held online.  “One year after the launch of the ACT Accelerator, world leaders face a choice: invest in saving lives by treating the cause of the pandemic everywhere, now, or continue to spend trillions on the… Read More
Development Health Advice 

90 percent of countries’ health services continue to be disrupted by the COVID-19 pandemic: WHO

Global Author
There are some signs of progress however: in 2020, countries surveyed reported that, on average, about half of essential health services were disrupted. In the first 3 months of 2021, that figure had dropped to just over one third of services. Overcoming disruptions Many countries have now stepped up efforts to mitigate disruptions. These include informing the public about changes to… Read More
Africa Investments 

New report by the African Circular Economy Alliance shines light on ‘Five Big Bets’ for circular economy

Elwin Mandowa,
The African Circular Economy Alliance (ACEA) has launched a report that identifies five sectors that have the greatest potential to drive the circular economy, a model that promotes better resource management. The sectors are: food systems, the built environment, fashion and textile, electronics, and packaging. The report, “Five Big Bets for the Circular Economy,” was launched on Thursday 15 April… Read More
Africa Investments 

Leaders Summit on Climate: African Development Bank President says the continent is “ground zero” of the crisis as major economies boost climate…

Elwin Mandowa,
African Development Bank President Dr. Akinwumi A. Adesina on Thursday joined 40 heads of state and government at the Leaders Summit on Climate, where the United States, Japan and Canada announced ambitious climate targets to address the escalating emergency. United States President Joe Biden said the US would aim to cut carbon emissions by 50% to 52% from 2005 levels… Read More
Africa Investments 

Mali : la Banque africaine de développement appuiera la création d’agropoles et l’emploi féminin dans les chaînes de valeur agricoles (DSP 2021-2025)

Elwin Mandowa,
Confronté à des défis sécuritaires et sanitaires, le Mali doit faire également face à une faiblesse des chaînes de valeur agricoles et à un faible développement de ses infrastructures de transport et d’énergie. Afin de combler ce déficit, le pays pourra compter sur le soutien de la Banque africaine de développement sur la période 2021-2025. Selon le Document de stratégie-pays… Read More
Africa Business Ghana West Africa World 

Hyundai, KIA to set up assembly plants in Ghana by 2022

Elwin Mandowa, , , , , , , ,
– – Global carmakers, Hyundai and KIA are to set up their assembly plants in Ghana by the end of 2022, according to government officials. Ghana’s minister for trade, Alan Kyerematen said when these firms set up, they would be joining firms like “Toyota-Suzuki, Nissan, Kantanka, Volkswagen & Sinotruck” that are already operating in the country. “The Ghana Auto Development… Read More
Africa Investments 

Egypt’s largest solar plant, Kom Ombo, receives US$ 114 million financing package

Elwin Mandowa,
The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Bank today signed a US$ 114 million financing package with ACWA Power for the construction of the largest private solar plant in Egypt. The development of the Kom Ombo solar plant will… Read More
Africa Investments 

Sénégal : le Document de stratégie-pays 2021-2025 décline ses objectifs entre intégration régionale, transformation agricole, infrastructures et…

Elwin Mandowa,
À l’appui de performances économiques solides entre 2014 et 2019, le Sénégal bénéficie d’une confiance renouvelée de la Banque africaine de développement. Pour la période 2021‑2025, l’institution panafricaine de développement accompagnera le pays dans le renforcement de ses infrastructures et son intégration régionale ainsi que la résilience de son économie par la transformation agricole et le développement industriel. Le Document… Read More
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