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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 

Proven solutions must be put in place to end AIDS by 2030: Guterres

Global Author
“The world has promised to end AIDS by 2030”, said Secretary-General António Guterres in his official message, but “we are off track.” “Today, we risk millions more new infections and millions more deaths”, he added, calling on governments everywhere to make the “Equalize” slogan a reality. He said the “proven practical solutions” exist that can help end AIDS, such as more… Read More
Africa Investments 

African Development Bank launches model for deploying green financing across the continent

Elwin Mandowa,
Abdou Aziz Diedhiou, head of studies and strategy, La Banque Agricole Sénégal; Kossivi Domegni, Expert in Energy Efficiency & Renewable Energy, Togo; Audrey-Cynthia Yamadjako, Coordinator, African Green Finance Facility Initiative, African Development Bank; Kevin Kariuki, Vice President for Power, Energy, Climate and Green Growth at the African Development Bank; Doug Sims, senior advisor for green finance and co-founder of the… Read More
Development Health Advice 

Accelerated action needed to save 12,000 lives a day due to injury, violence

Global Author
“People living in poverty are significantly more likely to suffer an injury than the wealthy”, said the head of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus.  “The health sector has a major role in addressing these health inequities and in preventing injuries and violence, through collecting data, developing policies, providing services and programming for prevention and care, building capacities,… Read More
Africa Investments 

Mozambique: African Development Bank approves €125 million loan for hydroelectric power producer to modernize production system

Elwin Mandowa,
The Board of Directors of the African Development Bank Group has approved a loan package not exceeding €125 million to Hidroeléctrica de Cahora Bassa (HCB) in Mozambique to support its Vital Capex program aimed at modernizing the company’s electricity production system. HCB, the largest Independent Power Producer (IPP) in Southern Africa, provides hydroelectric power to Mozambique and the Southern African… Read More
Africa Investments 

AFAC unveils new strategic vision to catalyze private financing for climate action across Africa

Elwin Mandowa,
The African Financial Alliance on Climate Change (AFAC) unveiled a new vision for 2030 during the global climate summit (COP27), prioritizing mobilizing capital and tools to meet the Paris Agreement goal. AFAC, a pan-African alliance of Africa’s key financial institutions and commercial and development banks, mobilizes private capital to support continent-wide low-carbon and climate-resilient development. The new blueprint mainly focused… Read More
Africa Investments 

Niger: African Development Fund Provides $16 Million to Support Financial Sector Deepening and Inclusion

Elwin Mandowa,
The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, has approved $16 million in loan and grant financing to Niger to implement the Financial Sector Deepening and Inclusion Project. The project will strengthen mobilization of long-term resources for financial service providers and improve financial inclusion of vulnerable populations, particularly women,… Read More
Africa Investments 

African Development Fund invests more than $6 million to strengthen public finance governance in African countries

Elwin Mandowa,
The Board of Directors of the African Development Fund have approved a grant of $6.12 million to help strengthen public finance governance in low-income African countries. The funding is for Phase 2 of the Regional Institutional Support Project in Public Finance Governance (RISPFG) which will be implemented by two pan-African institutions: the African Tax Administration  Forum (ATAF) and the Collaborative… Read More
Development Health Advice 

Three years of flatlined progress on HIV treatment and prevention affect 2.7 million youth  

Global Author
Three years of flatlined progress on HIV treatment and prevention affect 2.7 million youth   Some 110,00 youth under age 19 died last year from AIDS-related causes, the UN Children’s Fund (UNICEF) said on Friday, noting that coupled with 310,000 newly infected, the total number of young people living with HIV stands at 2.7 million.  Ahead of World AIDS Day on… Read More
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