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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

Development Health Advice 

WHO continues to urge China to share more data amid COVID-19 surge

Global Author
“We continue to ask China for more rapid, regular, reliable data on hospitalizations and deaths, as well as more comprehensive, real-time viral sequencing,” he said, speaking from Geneva.  WHO is concerned about the risk to life in the world’s most populous country and reiterated the importance of stepping up vaccination coverage, including booster doses, particularly for vulnerable groups such as… Read More
Africa Investments 

Chocs climatiques : la Banque africaine de développement octroie 19,25 millions de dollars à Madagascar pour faire face aux multiples risques de…

Elwin Mandowa,
Le Conseil d’administration de la Banque africaine de développement a approuvé, le 5 décembre dernier, à Abidjan, un financement additionnel de 19,25 millions de dollars américains en faveur de Madagascar pour l’aider à faire face aux chocs climatiques récurrents (sécheresse, tempêtes, cyclones). Le Financement additionnel du programme africain de financement de la gestion des risques de catastrophe (ADRiFi) à Madagascar… Read More
Development Health Advice 

2022 Year In health: New Ebola and cholera outbreaks, mpox emergency, COVID-19 ‘not over’

Global Author
A global population weary of the chaos caused by COVID-19 pandemic had to contend with a new, highly transmissible variant at the beginning of the year: Omicron. Omicron and on This latest version swept across Europe, leading to record weekly case numbers, although the number of deaths was relatively low, compared to previous outbreaks. And, although many countries began to… Read More
Development Health Advice 

UN chief issues global ‘wake-up call’ on Day of Epidemic Preparedness

Global Author
“The costs have been catastrophic”, Secretary-General António Guterres said in a statement marking the day. Since the pandemic struck, he pointed out that millions of lives have been lost, as hundreds of millions fallen ill. And economies have been shattered, health systems stretched, and trillions of dollars lost. Moreover, progress towards the Sustainable Development Goals (SDGs) has been “thrown off… Read More
Africa Investments 

2022 Review: Confidence in the African Development Bank Increases!

Elwin Mandowa,
2022 was a year of renewed confidence in the African Development Bank Group. Contributing countries mobilized and contributed $8.9 billion to replenish the African Development Fund under ADF-16. Furthermore, they acceded to the request of the Bank Group’s Senior Management to create a Special Climate Action Window under ADF-16. Japan, Norway, Portugal, Spain, the Swiss Confederation, Germany, and the Global… Read More
Africa Investments 

Fonds africain de développement : plus de 7,4 millions de dollars de don pour lutter contre les maladies tropicales négligées au Burkina Faso, au…

Elwin Mandowa,
Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé, le 8 décembre 2022, l’octroi d’un don de 7 443 664 dollars, dans le cadre du projet « Infrastructure sanitaire de qualité de la CEDEAO pour lutter contre les maladies tropicales négligées », déployé aux frontières communes du Burkina Faso, du Niger et du Mali. L’Organisation ouest-africaine de la santé (OOAS)… Read More
Africa Investments 

African Development Bank unveils the African Pharmaceutical Technology Foundation at the 2nd International Conference on Public Health in Africa

Elwin Mandowa,
The African Development Bank Group has formally introduced its new initiative that will join hands with the African Union to boost Africa’s capacity to produce drugs, vaccines, diagnostics, and therapeutics all along the value chain, to help build its pharmaceutical sector. The African Pharmaceutical Technology Foundation (APTF) was the focus of a forum hosted by the African Development Bank under… Read More
Africa Investments 

Tunisia: African Development Bank Group Board approves $27 million and €10 million loans for Kairouan solar plant

Elwin Mandowa,
The Board of Directors of the African Development Bank Group has approved a $27 million and €10 million loan package to co-finance the construction of a 100-megawatt Solar power plant in Kairouan, Tunisia. The Board approval covers $10 million and another €10 million from the Bank, and $17 million concessional financing from the Sustainable Energy Fund for Africa (SEFA), a… Read More
Africa Investments 

Senegal: African Development Bank provides an additional €5.01 million for the Diamniadio Digital Technology Park

Elwin Mandowa,
The Board of Directors of the African Development Bank Group on 8 December 2022 approved additional financing of €5.01 million for the future Digital Technology Park in Diamniadio, Senegal.  The African Development Bank Group thus confirms its support for the project, initiated in 2016 thanks to an initial loan of €60.96 million it extended to the country. Although the project… Read More
Africa Investments 

African Development Bank approves $40 million Trade Finance Package to Bank One Limited Mauritius

Elwin Mandowa,
The Board of Directors of the African Development Bank Group has approved a $40 million Trade Finance Package in favor of Bank One Limited of Mauritius. The financial package comprises a $25 million Risk Participation Agreement and a $15 million Transaction Guarantee. The transaction guarantee facility will allow the Bank to provide, on a transaction basis, up to 100% guarantee… Read More
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