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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 

The pandemic is no time for fiscal distancing

Elwin Mandowa,
These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic. And it seems almost no nation is spared. As infection rates rise, so does panic across financial markets, as economies drastically slow down, and supply chains are severely disrupted.  Extraordinary times call for extraordinary measures. As such, it can no longer… Read More
Investments 

Opinion: The pandemic is no time for fiscal distancing

Elwin Mandowa,
Akinwumi Adesina is the President of the African Development Bank. He was formerly Nigeria’s Minister of Agriculture and Rural Development and and is the 2017 World Food Prize laureate. The views expressed are solely those of the author. (CNN)These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic. And it seems almost no… Read More
Development Health Advice 

UN chief urges unity in mobilizing ‘every ounce of energy’ to defeat coronavirus pandemic

Global Author
Ten days ago, António Guterres called for an immediate global ceasefire to help people in war-torn regions receive life-saving aid to fight the coronavirus pandemic.  “We know the pandemic is having profound social, economic and political consequences, including relating to international peace and security”, the UN chief said, in a virtual press conference outlining the impact so far of the… Read More
Investments 

African Development Bank celebrates milestone with first social bond listing on London Stock Exchange

Elwin Mandowa,
The African Development Bank’s “Fight Covid-19” social bond, the largest social bond to date to be issued in the capital markets, listed on London Stock Exchange on Friday 3 April 2020, and is now available through its Sustainable Bond Market. The listing marks an important milestone as the Bank launches its first bond on London Stock Exchange. The over-subscribed transaction,… Read More
Investments 

African Development Bank Group approves Gender Equality Trust Fund and Risk-Sharing Mechanism to improve women’s economic empowerment in Africa

Elwin Mandowa,
The Board of Directors of the African Development Bank Group have approved a new Gender Equality Trust Fund (GETF) aimed at pushing forward gender equality and women’s empowerment across the continent. Funded by donors, the GETF will support the delivery and scale-up of the Bank’s Affirmative Finance Action for Women in Africa (AFAWA) programme and promote gender transformative lending and… Read More
Development Health Advice 

‘Everyone at risk’ as coronavirus cases tick up among migrants and refugees sheltering in Greece

Global Author
The Ritsona site – a one-hour drive from Athens – about 75 kilometres away – is one of 30 facilities on the Greek mainland that accommodate a total of more than 25,000 people. The authorities have put it under quarantine for the next 14 days after the first confirmed COVID-19 case emerged on Tuesday.  Its residents, including 252 unaccompanied children, have been… Read More
Development Health Advice 

Burkina Faso crisis and COVID-19 concerns highlight pressure on Sahel food security

Global Author
Across the Central Sahel in Africa – encompassing Burkina Faso, Mali and Niger – more than five million people face severe food insecurity ahead of the coming lean season, according to data released by WFP and other humanitarian partners. The number of food-insecure people in #BurkinaFaso is expected to triple in the next lean season. And with #COVID19 reaching Central… Read More
Development Health Advice 

Key COP26 climate summit postponed to ‘safeguard lives’

Global Author
The decision was announced on Wednesday night by the advisory group to the COP26 talks, overseen by the UN climate change body, the UNFCCC, after talks involving the United Kingdom and other countries. UNFCCC said the postponement would better enable all parties to focus on important climate issues while allowing more preparation time. “The world is currently facing an unprecedented… Read More
Investments 

African Development Bank approves $1.5 million emergency grant to curb desert locusts ravaging East and Horn of Africa

Elwin Mandowa,
The Board of Directors of the African Development Bank on Wednesday approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the control of swarms of desert locusts that are threatening livelihoods and food security. The proposed assistance will be channeled to the Intergovernmental Authority on Development (IGAD), which has been… Read More
Development Health Advice 

COVID-19: International community must step up to prevent pandemic from devastating vulnerable on the run

Global Author
“An outbreak of a respiratory disease like COVID-19 could spread easily through the overcrowded confines and unsafe conditions typical of many camps or settlements”, Henrietta Fore said in a statement. “Families in these environments would be more likely to get sick and less capable of fighting off the disease because of inadequate services” She pointed out that there are 31… Read More
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