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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 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
Africa Investments 

African Legal Support Facility gears up for 2023-2027 plan under a New Phase

Elwin Mandowa,
What:    Launch of the African Legal Support Facility Medium Term Strategy 2023 – 2027 and New Visual Identity Who:     The African Legal Support Facility (ALSF) When:   31st January 2023; 13:00 – 14:30 UTC/GMT Where:  Virtual – click here to participate The African Legal Support Facility (“ALSF” or the “Facility”) will launch its new medium-term strategy and a new visual identity on Tuesday, 31… Read More
Africa Investments 

Founding Partners of Africa Investment Forum secure $1 billion in memoranda of understanding during U.S.-Africa Leaders’ Summit

Elwin Mandowa,
Africa Investment Forum (AIF) last week garnered strong support in the U.S. to help advance key infrastructure projects for the continent. Three founding members of the Africa Investment Forum signed memoranda of understanding worth over $1 billion with the Export-Import Bank of the United States (EXIM) to expand American trade and investment in Africa. Exim President and Chair Reta Jo Lewis… Read More
Africa Business World 

The components and specifics of Forex Trading

Elwin Mandowa, , , , ,
Forex Market Overview The foreign exchange market, often known as the Forex market, is the most active financial market in the world. To participate in foreign exchange, you use a broker’s platform where you buy/sell (base currency) a forex currency and simultaneously sell/buy another (quote currency). The price of a pair is the amount of the quoted currency necessary to… Read More
Development Health Advice 

WHO outlines year of challenges, says more information needed to combat COVID in China

Global Author
To make a comprehensive risk assessment of the situation on the ground, Tedros Adhanom Ghebreyesu told journalists at a regular briefing in Geneva that WHO needs more detailed information on disease severity, hospital admissions and requirements for ICU support. “WHO is supporting China to focus its efforts on vaccinating people at the highest risk across the country, and we continue to… Read More
Development Health Advice 

WHO revises recommendations on lifesaving HPV vaccine

Global Author
A single dose of the vaccine can provide comparable efficacy and protection as a two-dose regimen, the UN agency said, which could result in greater global access to the life-saving drug.  Cervical cancer is the fourth most common type of cancer in women, with roughly 604,000 new cases and 342, 000 deaths in 2020.  Preventing unnecessary deaths  More than 95… Read More
Africa Investments 

Cameroun : plus de 15 millions de dollars du Fonds africain de développement pour améliorer la gestion des finances publiques

Elwin Mandowa,
Le Conseil d’administration du Fonds africain de développement a donné son feu vert, le 12 décembre 2022, à Abidjan, à l’octroi d’un financement de 15,64 millions de dollars américains au Cameroun. Ces ressources sont destinées à mettre en œuvre le Projet d’appui à la gouvernance des finances publiques. Le Fonds africain de développement, le guichet de prêt à taux préférentiels… Read More
Africa Investments 

Bénin : journée portes ouvertes pour une rencontre entre la Banque africaine de développement et les organisations de la société civile béninoise

Elwin Mandowa,
Le bureau de la Banque africaine de développement au Bénin a convié 80 organisations de la société civile béninoise à une journée portes ouvertes, qui s’est tenue le 13 décembre 2022 dans la salle de conférence de Kobourou City Hotel, à Parakou. Objectif : nourrir le dialogue entre la Banque et les organisations de la société civile, pour mieux leur… Read More
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