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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

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Tullow Oil seeks international arbitration on tax dispute with Ghana

Elwin Mandowa, , , , , , ,
Tullow Oil has filed for arbitration in London over two tax bills amounting to $387 million which it’s unit in Ghana had received from local authorities. The company made this public in a statement on Tuesday. The two tax charges which Tullow disputes relate to a period from 2010 to 2020 and are in addition to taxes it has already… Read More
Development Health Advice 

WHO supports Equatorial Guinea in combatting country’s first-ever deadly Marburg virus outbreak

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The rare yet severe viral haemorrhagic fever is similar to Ebola and has a fatality rate of up to 88 per cent.   So far, there have been nine deaths and 16 suspected cases with symptoms including fever, fatigue and blood-stained vomit and diarrhoea, WHO reported on Monday. Further investigations are ongoing.  Rapid action, expert meeting  “Marburg is highly infectious.… Read More
Development Health Advice 

UN-backed project aims to eliminate mercury from skin lightening products

Global Author
The initiative will support a holistic approach to phase out the harmful chemical and promote the beauty of all skin tones.  Consumers unaware of risks  Skin lightening products inhibit the body’s production of melanin, the pigment that plays a role in determining skin, hair and eye colour.    They have been used around the world for years, by both men… Read More
Africa Investments 

Dakar Financing Summit 2: African leaders commend progress on infrastructure development but call for more robust preparation of projects

Elwin Mandowa,
African leaders urged development finance institutions and international partners to increase support and funding for infrastructure project preparation initiatives, including providing more grant resources to the NEPAD-Infrastructure Project Preparation Facility (NEPAD-IPPF) hosted by the African Development Bank. In a communiqué released after the close of the Second Infrastructure Financing Summit in Dakar, African presidents also called for technical and financial… Read More
Africa Business World 

How To Promote A Casino And Make It Profitable

Elwin Mandowa, , , , ,
Founders of new online casinos often encounter failures at the beginning of their journey. This is due to the fact that success directly depends on promotion with a properly developed marketing strategy. It is important to pay special attention to promotion. Platforms with gambling entertainment are quite specific businesses. They require a special approach to users. Numerous competitors offer various… Read More
Africa Business Nigeria News and Headlines World 

Forex Trading in Nigeria

Elwin Mandowa, , , , , , ,
Forex trading is becoming increasingly popular in Nigeria, with more people looking to take advantage of the potential opportunities that come along with it. With its large population and growing economy, Nigeria has become an attractive destination for Forex traders from all over the world. This article will provide you with an overview of Forex trading in Nigeria, including what… Read More
Africa Investments 

Morocco: African Development Bank Group strengthens its technical assistance to boost water resources

Elwin Mandowa,
Financing Approval Date: 21 December 2022 Project name: Technical Assistance for Dam Design and Interconnection Studies Amount: €201,000 ________________________________________ Objectives The grant, extended through the Bank’s Technical Assistance Fund for Middle-Income Countries, will support technical assistance to the Government of Morocco for the design of dams, river development and inter-basin interconnection studies. The beneficiary institution is the Directorate of Hydraulic… Read More
Africa Investments 

African Development Bank appoints Abdourahmane Diaw as Country Manager for Egypt

Elwin Mandowa,
The African Development Bank has appointed Abdourahmane Diaw as Country Manager for its Egypt Country Office, effective 1st November 2022. Diaw, a Senegalese national, brings more than 28 years of experience in the implementation of development programs and projects. These range from identification to evaluation, supervision and monitoring of programmes, to projects, monitoring performance of national and regional portfolio and… Read More
Africa Investments 

African Development Bank appoints Omar Sefiani Acting Director of the Treasury Department

Elwin Mandowa,
The African Development Bank has appointed Omar Sefiani as Acting Director of the Treasury Department, effective 1st November 2022. Sefiani is a Moroccan national and finance expert with over 17 years of experience in international capital markets. He currently manages the Treasury Investments & Trading Division at the Bank. In this capacity, Sefiani currently oversees the management of the Treasury… Read More
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