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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 

Morocco and the African Development Bank on the frontline in the fight against COVID-19

Elwin Mandowa,
It was around midnight in Rabat in December 2020. The neighbourhoods are empty; time seems suspended in the kingdom’s capital. The only people seen are the occasional police patrol officer or street sweeper. An ambulance siren pierces the air of a city deep in sleep. Inside the vehicle, emergency medics clad in hazmat suits administer oxygen to a man in… Read More
Africa Investments 

Kenya: Equity Group Holdings plans trans-Africa expansion with $100 million loan from the African Development Bank

Elwin Mandowa,
The African Development Bank and Equity Group Holdings (EGH) have signed a $100 million (Kshs 11 Billion) loan facility to support the commercial bank’s expansion across Eastern and Central Africa, enhancing its ability to serve small and medium enterprises as it grows. The loan, a tier two facility with a seven-year maturity, is expected to promote EGH’s ability to offer… Read More
Africa Investments 

Energie : augmentation de 12% du taux d’accès à l’électricité en Afrique entre 2015 et 2019, avec le soutien de la Banque africaine de développement

Elwin Mandowa,
Le déficit d’accès à l’électricité est un des obstacles majeurs au développement économique et social en Afrique. Beaucoup d’unités industrielles, de petites et moyennes entreprises africaines, souffrent de ce fait. L’accès à l’énergie figure en bonne place des priorités stratégiques de la Banque africaine de développement, appelées « high5 » et traduites en programmes et projets à travers le continent.  Ainsi, le… Read More
Africa Business Ghana West Africa World 

Trisolace: Creating agribusiness opportunities for young Ghanaians

Elwin Mandowa, , , , , , , , ,
– – For years, young people especially in Africa did not have the interest in creating business opportunities in Agriculture as they consider the sector unattractive and not worth the needed investment. That is however changing in countries like Ghana where a company called Trisolace Farms is helping to young people fall in love with snail and mushroom farming. Trisolace… Read More
Africa Investments 

Green banks and national climate funds have a key role in mobilizing funds for low-carbon, climate-resilient development in Africa: report

Elwin Mandowa,
The African Development Bank and the Climate Investment Funds (CIF) have joined forces to produce a study of the role of green banks and national climate change funds in mobilizing finance to support low-carbon, climate-resilient development in Africa. The ground-breaking study, released on Tuesday 23 March, is expected to underpin development of a multi-country climate finance initiative in Africa. For… Read More
Africa Investments 

Canada and African Development Bank sign CAD 133 million gender lens Climate Fund for Africa

Elwin Mandowa,
The Government of Canada and the African Development Bank  have signed an agreement formalizing the Canada–African Development Bank Climate Fund (CACF), a transformative special fund aimed at providing concessional loans to climate change-related projects with a strong gender-responsive component. The fund will be capitalized through a combination of a CAD 122.9 million ($104.8 million)) repayable contribution, aimed at providing concessional… Read More
Africa Business Ghana West Africa World 

How Basics International is lifting Ghanaian women out of poverty

Elwin Mandowa, , , , , , , , ,
– – Women dominate the informal sector in Ghana but they also fall within the most vulnerable groups of people in dire need of economic empowerment. Many of them lack the needed skills to become employable or build successful entrepreneurial ventures. That’s what the Ghanaian social enterprise Basics International comes in to help with its recent initiative called Hedzole. The… Read More
Africa Investments 

World Water Day 2021: Development partners must mobilize support to achieve a water-secure Africa

Elwin Mandowa,
On World Water Day, we reflect on the impact that the African Development Bank has made over the past decade in this sector through various projects, which are helping communities all over Africa protect themselves against the coronavirus. The African Development Bank prides itself in making investments that make a tangible difference and improve the quality of life of the… Read More
Development Health Advice 

Inequity of COVID-19 vaccines grows ‘more grotesque every day’ – WHO chief

Global Author
“In January, I said that the world was on the brink of a catastrophic moral failure unless urgent steps were taken to ensure equitable distribution of vaccines”, Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization (WHO) told journalists at a regular news briefing.  “Today, AstraZeneca announced positive results from a trial of the vaccine among 32,000+ people in ??… Read More
Development Health Advice 

Women ‘systematically excluded’ from COVID response, despite being worst affected 

Global Author
Women have suffered the worst impacts of COVID not only on the frontlines of healthcare, but also through the loss of jobs as the informal economy shrinks; an alarming spike in domestic violence; and the unpaid care burden that threatens to push 47 million additional women into extreme poverty, said a report published on Monday by UN Women, the UN… Read More
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