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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 Business West Africa World 

Nigeria’s Buhari extends border closure to 2020

Village Reporter, , , , , ,
Nigeria’s President Muhammadu Buhari has extended the current closure of Nigeria’s border with neighbouring countries to January 31, 2020. Since August 20, 2019, Nigeria has closed its borders with some of its neighbouring West African countries. Borders in four geopolitical zones across the country, including South-South, South-West, North-Central and North-West have been closed. The government took the decision in an attempt to… Read More
Development Health Advice 

UN migration agency appeals to South Sudan group to free volunteer worker and child

Global Author
According to IOM, they were caught in the crossfire between two armed groups in Isebi, Morobo County, in South Sudan’s Central Equatoria region. The volunteers had been manning an Ebola virus screening point in border areas between South Sudan and the Democratic Republic of Congo to prevent the spread of the deadly disease. It is understood that the four-year-old child… Read More
Africa Business Central Africa World 

DR Congo to proceed with $14b Inga dam despite row

Village Reporter, , , ,
The Democratic Republic of Congo has said that building a $14 billion dam on the Congo River will still take place. The project is facing many challenges including disagreements between developers. Congolese officials had asked two groups of developers, one Chinese, one Spanish to submit a joint proposal last year. But talks between the partners broke down due to “serious… Read More
Africa Business Southern Africa World Zambia Zimbabwe 

Africa’s biggest waterfall at risk from drought

Village Reporter, , , , , ,
The flow at the Africa’s biggest waterfall is at its lowest since 1995, highlighting the threat posed by a drought to tourism and electricity generation in Zimbabwe and Zambia. Flow has slumped to 109 cubic meters-per-second (3,850 cubic feet) at Victoria Falls, a 1.7-kilometer (1.1 mile) curtain of falling water at the peak of a normal wet season, according to… Read More
Investments 

‘Today is a day of joy for Africa’ – African Development Bank celebrates historic capital increase

Village Reporter
The African Development Bank on Thursday celebrated a historic $115 billion increase from its shareholders, the largest in the bank’s 55-year history. Applause rang through the stately auditorium of the Sofitel Abidjan, Hotel Ivoire, around 5.30 in the evening after the decision was announced. “Today is a day of joy for Africa…because the shareholders of the African Development Bank trust… Read More
Africa Business Ghana Nigeria News and Headlines West Africa World 

Ghana: Local traders lock up shops of foreigners

Village Reporter, , , , , ,
Local traders in Ghana’s second largest city of Kumasi on Wednesday locked up shops belonging to foreigners in some commercial hubs. The closure took place in areas like Alarbar, Adhye and Kejetia with Nigerian traders bearing the most brunt. It’s unclear what sparked the said lock up but local media reported it was a distress action coming on the heels… Read More
Investments 

Extraordinary Meeting of African Development Bank Governors: "Make the right decision" for Africa to achieve its objectives, says Alassane…

Village Reporter
The President of the Republic of Côte d’Ivoire, Alassane Ouattara, on Thursday called on the Governors of the African Development Bank to “make the right decision” to enable the continent to achieve its development goals. President Ouattara made the remarks at the opening of the 5th extraordinary meeting of the African Development Bank Board of Governors in Abidjan. “Achieving the… Read More
Investments 

African Development Bank Shareholders approve landmark $115 billion capital increase, signalling strong support

Village Reporter
Bank’s capital base more than doubles. Jumps from $93 billion to $208 billion Largest capital increase in the Bank’s history signals a united front by shareholders At an extraordinary shareholders’ meeting today in Abidjan, Governors of the African Development Bank, representing shareholders from 80 countries, approved a landmark $115 billion increase in capital for the continent’s foremost financial institution. The… Read More
Investments 

Tchad: La Banque africaine de développement œuvre en faveur de l’éducation des filles

Village Reporter
La Banque africaine de développement et le gouvernement du Tchad ont célébré, vendredi 25 octobre à N’Djamena, la restitution des travaux de rénovation du lycée féminin bilingue d’Amriguébé. Une cérémonie officielle avec coupure de ruban s’est déroulée en présence notamment de M.Aboubakar Assidick Tchoroma, ministre de l’Éducation nationale et de la promotion civique du Tchad, d’Ousmane Doré, directeur général de… Read More
Investments 

Moderniser l’agriculture africaine en partageant l’expérience réussie des drones en Tunisie

Village Reporter
La Banque africaine de développement a organisé, ce 29 octobre, à Tunis, un séminaire d’achèvement du projet pilote d’utilisation de drones pour améliorer la productivité agricole dans la région de Sidi Bouzid, dans le centre de la Tunisie. L’objectif de cette rencontre était de partager avec près de 150 participants issus des secteurs public et privé,  les connaissances et les… Read More
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