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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

Investments 

Djibouti : la Banque africaine de développement porte sa contribution à près de 25 millions de dollars à un projet d’exploitation géothermique

Elwin Mandowa,
Le Conseil d’administration de la Banque africaine de développement a approuvé, le 15 janvier dernier, un financement additionnel de 3,22 millions de dollars américains en faveur du projet d’exploitation géothermique dans la région du lac Assal de Djibouti. Ce financement s’ajoute aux 6,83 millions de dollars et 14,68 millions de dollars américains antérieurs approuvés par le Conseil d’administration de la… Read More
Development Health Advice 

UN issues ‘wake-up call’: Don’t sideline AIDS response during COVID-19 crisis

Global Author
“There is a risk that the hard-earned gains of the AIDS response will be sacrificed to the fight against COVID-19, but the right to health means that no one disease should be fought at the expense of the other”, said Winnie Byanyima, the head of UNAIDS, the UN agency dedicated to tackling the disease, and eradicating it by 2030.  Projections… Read More
Investments 

Somalia’s internal revenue mobilization galvanised by UA 5.5 million grant from African Development Bank

Elwin Mandowa,
The Federal Republic of Somalia (FGS) revenue mobilization strategy received a boost with a UA 5.5 million grant from the African Development Bank. The strategy aims to ramp up revenue collection through enhanced tax revenue and a more efficient collection system.  The grant, through the Bank’s Economic and Financial Governance Institutional Support Project (EFGISP) phase 2, offers support for Somalia’s… Read More
Business Entertainment 

Nokia fails to secure 5G contracts in China due to technical issues

Village Reporter
BEIJING, May 11, 2020 /PRNewswire/Knowledge Bylanes — A news report by China.org.cn on Nokia fails to secure 5G contracts in China due to technical issues. Finland-based telecommunications equipment company Nokia has come away almost empty-handed in terms of huge 5G contracts awarded by China’s big three telecom carriers. Deals reportedly worth nearly $10 billion have been awarded by China Mobile,… Read More
Development Health Advice 

Ensure city poor and vulnerable are fed, amidst lockdown hunger risk, urges UN

Global Author
The Latin American response Several Latin American municipalities have been taking action to minimise the consequences of lockdown measures, and ensure that food systems do not break down, as work dries up.  In Quito, Ecuador, for example, authorities are using municipal buses as mobile food hubs, following the example of the Chinese city of Wuhan, where the pandemic is believed… Read More
Development Health Advice 

First Person: Fashionable face masks, creativity and dressing to shop in the COVID era

Global Author
Kai Bussant was interviewed by UN News in December 2019 as part of an International Labour Organization (ILO) photography project called “Dignity at Work: the American Experience”. She has since left her job as a milliner to launch her own fashion brand. UN News caught up with Kai Bussant during the ongoing lockdown to ask how the fallout from the… Read More
Investments 

Making Finance Work for Africa hosts webinar series on impact of COVID-19 crisis on African economies and the financial sector

Elwin Mandowa,
The Making Finance Work for Africa (MFW4A) partnership, a unique platform for African financial sector development research, advocacy, knowledge management and networking, has launched a special webinar series on the impact of the COVID-19 crisis on African economies and the financial sector. The series offers a platform to discuss concerted actions to mitigate the impact of the pandemic on African… Read More
Development Health Advice 

Lessons from 40 year ‘victory over smallpox’ can be used to combat coronavirus today

Global Author
#OnThisDay 40 years ago, #smallpox was made history. It’s the only human disease to be eradicated so far. A lesson we must take is: when the ? unites behind science and public health measures we can defeat diseases and protect lives and livelihoods. pic.twitter.com/9GgNwtI0wg — World Health Organization (WHO) (@WHO) May 8, 2020 The eradication “stands as the greatest public… Read More
Investments 

On UN Global Compact Forum, panelists urge robust multi-stakeholder response to the coronavirus pandemic

Elwin Mandowa,
The African Development Bank is ready to be a partner in coordinated international responses to the COVID-19 pandemic, and can offer expertise on the ground in Africa, an emerging and critical battleground in defeating the worldwide crisis. This was the top line message Acting Senior Vice President Bajabulile Swazi Tshabalala delivered during a United Nations Global Compact virtual panel titled… Read More
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