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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 

Transforming the landscape for African women entrepreneurs

Elwin Mandowa,
This month, known to many as International Women’s month, the African Development Bank Group continues to put a spotlight on women-led businesses and financial institutions set to support them. The business experiences of African women running small and medium-sized enterprises, as well as financial institutions supporting them, were the subject of an online event held on 8 March 2021, by… Read More
Development Health Advice 

Yemen: Arrival of COVID-19 vaccines a ‘gamechanger’

Global Author
The 360,000 doses were shipped through the COVAX Facility, the global equity initiative, and will enable health workers and other priority populations to be protected against the disease.  “The arrival of the COVID-19 vaccine doses is a critical moment for Yemen”, said Philippe Duamelle, Representative of the UN Children’s Fund (UNICEF), a COVAX partner along with the Coalition for Epidemic… Read More
Africa Investments 

How can interbank markets enable economic growth in Africa?

Elwin Mandowa,
The Making Finance Work For Africa (MFW4A) initiative and the Development and Economic Growth Research Programme (DEGRP) at the think tank ODI are hosting a short series of webinars based on two recently published DEGRP synthesis reports on the banking and financial sectors in sub-Saharan Africa.The first webinar in this series, Sub-Saharan Africa’s interbank markets: progress, barriers and policy implications, will focus on the role that interbank markets… Read More
Africa Business East Africa Featured World 

Tanzania: Sacked ports boss arrested for embezzlement

Elwin Mandowa, , , , , , , , ,
– – The dismissed Director-General of Tanzania Ports Authority (TPA), Deusdedit Kakoko has been arrested by authorities. He is accused of embezzling 3.6bn Tanzanian shillings ($1.5m). Deusdedit Kakoko was this week suspended by the new President, Samia Suluhu Hassan after an audit report showed embezzlement of government funds at the state corporation. This was the new president’s first key decision… Read More
Development Health Advice 

COVID-19 origins report inconclusive: We must ‘leave no stone unturned’ – WHO chief

Global Author
“This report is a very important beginning, but it is not the end”, said WHO Director-General, Tedros Adhanom Ghebreyesus. “We have not yet found the source of the virus, and we must continue to follow the science and leave no stone unturned as we do.” He welcomed the findings of the 34-member team, which in January, visited the Chinese city… Read More
Africa Business Egypt World 

Suez Canal: Ships begin sailing through cleared waterway

Elwin Mandowa, , , , , , ,
Ships have started sailing through Egypt’s Suez Canal again, a day after a giant container vessel blocking the vital trade route was freed. Thirty-seven ships that were struck at the midway point cleared the waterway overnight, while 70 others are due to travel its entire length on Tuesday. The canal authorities hope to clear the traffic jam of some 300… Read More
Africa Investments 

Increase debt suspension arrangements to offer low-income and middle-income countries fiscal space – heads of state

Elwin Mandowa,
Several heads of state and government, the United Nations and heads of multilateral development finance institutions on Monday called for expansion of the Debt Service Suspension Initiative, under which low-income countries have suspended paying down debt during the Covid-19 pandemic. The initiative should be widened beyond low-income countries and its current expiration extended to offer much-needed fiscal space, panelists urged… Read More
Africa Investments 

OECD, African Development Bank to host a roundtable on corporate anti-corruption compliance in Africa: Practices, challenges & the way forward

Elwin Mandowa,
What: Webinar Who:  Organisation for Economic Co-operation and Development (OECD) and African Development Bank When: Wednesday, 14 April 2021; 13.00-14.30 (GMT) / 15.00-16.30 (CET) Where: Virtual – Register here The Organisation for Economic Co-operation and Development (OECD) and the African Development Bank are hosting a virtual roundtable to review action taken by African companies to promote corporate anti-bribery policies and… Read More
Development Health Advice 

World leaders call for new international treaty to improve pandemic response

Global Author
In a joint article published on Tuesday across leading news platforms, the signatories said that the coronavirus pandemic had been a “stark and painful reminder that nobody is safe until everyone is safe” and that “there will be other pandemics and other major health emergencies”.  ‘Not if, but when’ “The question is not if, but when. Together, we must be… Read More
Africa Investments 

Women-led Kenyan design house wins Fashionomics Africa sustainable design competition for turning fruit waste into eco-friendly footwear

Elwin Mandowa,
The African Development Bank’s Fashionomics Africa initiative has named a women-led Kenya shoe design house as the winner of its competition to support producers of sustainable fashion. Pine Kazi, which converts pineapple leaf and recycled rubber into fashionable footwear, won the $2,000 Fashionomics Africa competition cash prize. In addition, the business will have the opportunity to showcase its creation in… Read More
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