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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 

Mozambique features strongly at 2019 Africa Investment Forum with $24.6 billion project, the largest deal

Village Reporter
Mozambique’s state oil and fuel company Empresa Nacional de Hidrocarbonetos (ENH), tabled a $24.6 billion transformative project for Mozambique’s economy, the largest deal to feature at the 2019 Africa Investment Forum. The project includes the development of the Golfinho and Atum fields and the nation’s first onshore liquefied natural gas plant. Mozambique’s Prime Minister Agostinho do Rosário made the announcement… Read More
Development Health Advice 

Tuesday’s Daily Brief: ‘Forgotten’ pneumonia epidemic, experts urge vigilance over Australia wildfires, Ebola vaccine breakthrough 

Global Author
‘Forgotten’ pneumonia epidemic kills more children than any other disease    Pneumonia, an entirely preventable disease, kills more children than any other illness in the world, one child every 39 seconds.  But although that statistic is well known, funding to improve survival rates continues to come up short, the UN and partners warned on Tuesday, World Pneumonia Day.    In 2018 alone, pneumonia killed… Read More
Development Health Advice 

UN spotlights ‘explosive’ obesity rates, hunger in Latin America and Caribbean

Global Author
The Panorama of Food and Nutritional Security 2019, jointly published by a group of UN health agencies, urged countries to take swift action to address the malnutrition issue across the region.  “The explosive increase in obesity, which affects 24 percent of the regional population, about 105 million people – almost double the global level of 13.2 percent – not only has huge economic costs, but also threatens the lives of hundreds of… Read More
Development Health Advice 

‘Forgotten’ pneumonia epidemic kills more children than any other disease

Global Author
 “For decades the leading killer of children has been a neglected disease and the world’s most vulnerable children have paid the price”, Leith Greenslade, Coordinator of a coalition to stop the disease, said in a joint statement with the UN Children’s Fund (UNICEF) and other health leaders.  Every day, nearly 2,200 children under the age of five die from pneumonia, a curable and mostly preventable disease. Strong global commitment and… Read More
Africa Business Ghana West Africa World 

Ghana signs $600mln cocoa deal with Credit Suisse

Village Reporter, , , , , ,
Ghana has signed a $600 million deal with Credit Suisse for the improvement of current state of processing and value addition for its cocoa. The deal was signed on the sideline of the 2019 Africa Investment Forum in South Africa. The $600 million will cover a 7 year period and would go into helping to upskill farmers, develop warehousing, and… Read More
Africa Business Ghana South Africa West Africa World 

Ghana secures $2.6bn deal for SkyTrain project

Village Reporter, , , , , , ,
Ghana on Monday signed a concession deal with South African-based African Investment SkyTrain consortium to develop its train system. The deal is meant to cover a project called the Accra SkyTrain Project. A memorandum of understanding was signed last year. On the sidelines of the ongoing African Investment Forum in Johannesburg, officials from Ghana and the South African based consortium… Read More
Africa Business West Africa World 

Where does Intra-Africa trade fits as world scrambles for Africa

Village Reporter, , , , ,
The just ended Russia-Africa summit in Russia’s southern coastal city of Sochi has raised some concerns about the place of intra-Africa trade in what seems to be the second coming of the Eastern Europe and North Asia Giant to the Resource rich continent. Between October 23 and October 25, 2019, 43 Heads of State on the continent met with Russia’s… Read More
Investments 

Africa Investment Forum 2019: Billion dollar boost for African female entrepreneurs

Village Reporter
The European Investment Bank (EIB) has announced a $1.1 billion lending programme to help women entrepreneurs on the continent. EIB Vice President, Ambroise Fayolle, also revealed that the bank has signed three further agreements to boost sustainable development on the continent. But the major deal is what the EIB has dubbed SheInvest. The EIB expects the gender-lending initiative to allow… Read More
Investments 

2019 Africa Investment Forum: historic signing of high-speed railway construction concession agreement for Ghana, with the support of the African…

Village Reporter
The African Development Bank has thrown its weight behind a concession agreement for the construction of a high-speed railway in Accra, Ghana’s capital. The signing took place on the opening day of the second Africa Investment Forum, running from Monday to Wednesday in Johannesburg. “It’s a great day for Ghana!” said Ghanaian President Nana Akufo-Addo. “I was here last year… Read More
Investments 

The Africa Investment Forum: an accelerator for Africa’s agricultural transformation

Village Reporter
This week, business leaders, project developers, development finance professionals, institutional investors representing pension and sovereign wealth funds, as well as policymakers meet in Johannesburg for the second Africa Investment Forum convened by the African Development Bank. The Forum is an innovative marketplace – dedicated to moving development ideas and projects to bankability, to mobilizing capital, and to accelerating the financial closure… Read More
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