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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 

African Development Bank launches $2.5 billion 0.875% Global Benchmark due 23 March 2026

Elwin Mandowa,
The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), has launched and priced a $2.5 billion 5-year Global Benchmark bond due 23 March 2026, its first $ benchmark of the year. The new transaction represents AfDB’s largest 5-year $ Global Benchmark ever issued, as well as its largest orderbook achieved for a 5-year benchmark transaction. With the final… Read More
Africa Investments 

Uganda: African Development Bank signs $229.5 million financing agreement for the Kampala-Jinja Expressway Project

Elwin Mandowa,
The African Development Bank and the Government of Uganda on Tuesday signed a $229.5 million financing agreement for the first phase of the Kampala-Jinja Expressway Project, which will cut travel time and boost trade along an important artery linking Uganda with its neighbors. The Kampala-Jinja Expressway Public-Private Partnership (PPP) Project-Phase I would improve travel flow, thereby “reducing travel time from… Read More
Development Health Advice 

Do not use weather as a basis to relax COVID-19 control measures, UN agency urges

Global Author
In a new report, the UN World Meteorological Organization (WMO) highlighted that infections rose in warm seasons in 2020 – the first year of the pandemic – and that “there is no evidence” that this could not happen again in 2021.  “At this stage, evidence does not support the use of meteorological and air quality factors as a basis for… Read More
Africa Investments 

Le Maroc et la Banque africaine de développement en première ligne dans la lutte contre le Covid-19

Elwin Mandowa,
Rabat, un soir de décembre 2020, autour de minuit. Les rues sont vides, le temps semble suspendu dans la capitale du Royaume. Seuls les agents de l’ordre et de la voirie en arpentent les artères. La sirène d’une ambulance déchire la nuit d’une ville endormie. À l’intérieur du véhicule, des urgentistes, entièrement vêtus de combinaisons étanches, oxygènent un homme en… Read More
Africa Business Ghana West Africa World 

New Economy Booster: Supporting Ghanaian businesses grow

Elwin Mandowa, , , , , , , ,
– – In 2020, the Coronavirus pandemic hit many economies globally very hard leading to job losses and collapse of businesses. Businesses in Africa were not left out of this devastation and many economies on the continent are yet to recover and rebuild. In Ghana, many businesses have laid-off their workers and entrepreneurs are struggling to thrive. In September 2020,… Read More
Development Health Advice 

Health experts give green light to Janssen COVID jab, allay clotting concerns

Global Author
In a virtual press conference from Geneva, SAGE hailed the one-dose Janssen shot – produced by a Johnson & Johnson subsidiary – as a safe and lifesaving addition to the three other vaccines it has already approved for use: Pfizer, Moderna and AstraZeneca. The expert panel also noted that clotting episodes – also known as hypercoagulable events – were a… Read More
Africa Investments 

Tanzanian agro-dealer Suzana Lameck proves that women help agriculture flourish

Elwin Mandowa,
During the March and November planting seasons in Tanzania’s Simiyu region, farmers and small agri-input distributors know they can rely on Suzana Lameck Sabuni to deliver quality and affordable fertilizer just when they need it. Suzy, as her customers fondly call her, is proof of the valuable contribution that women-led businesses make to the agriculture sector. And, despite a lack… Read More
Africa Business World 

Brexit shakes up world’s strongest driving licences

Elwin Mandowa, , , , , , ,
– – The United Kingdom driving licence has dropped from the most to the least powerful after Brexit took place earlier last year. In a 2021 comparison by Compare the Market, the power of 22 countries’ driving licences was ranked based on their ability to be used abroad with ease and without restrictions. The most powerful driving licence is that… Read More
Africa Investments 

Appointment of Acting Vice President for Agriculture, Human and Social Development Ms. Atsuko TODA

Elwin Mandowa,
The African Development Bank Group is pleased to announce the appointment of  Ms. Atsuko TODA as Acting Vice President for Agriculture, Human and Social Development, effective 16 March 2021. Atsuko, a Japanese citizen, is a seasoned professional with over 20 years of experience with international institutions. Atsuko joined the Bank in December 2016 as Director of the Agriculture Finance and… Read More
Africa Investments 

Angola: African Development Bank funds $530 million electricity project to expand renewable energy and regional connectivity

Elwin Mandowa,
The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids in Angola and allow for the distribution of clean energy between the two regions. The north of Angola has a surplus of more than 1,000 MW of mostly renewable power,… Read More
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