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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 

African Development Bank's Sustainable Energy Africa Fund for Africa approves $1 million reimbursable grant to develop bioenergy plants in Ghana…

Elwin Mandowa,
The Sustainable Energy Fund for Africa (SEFA) has approved a reimbursable grant of $1 million to NewAfrica Impact Ltd to prepare two bioenergy plants in Sierra Leone and Ghana that will each output 5 megawatts of electricity and 11 megawatts of heat. The reimbursable grant will strengthen the project’s bankability by supporting technical feasibility studies and regulatory structuring. NewAfrica Impact… Read More
Africa Business World 

NEAR partners with Afropolitan

Elwin Mandowa, , , , , , ,
– – Afropolitan, the first-ever digital nation empowering Africans to build abundant lives, has partnered with the NEAR Foundation , the non-profit that oversees the development of the ecosystem built around NEAR Protocol, to enable citizens to control their assets, data, and the power of governance. Through this partnership, the NEAR community and Afropolitans will collaborate on several fronts. Afropolitan… Read More
Africa Investments 

Ethiopia: African Development Fund approves $13.95 million grant for Borana Resilient Water Development for Improved livelihoods program

Elwin Mandowa,
The Board of Directors of the African Development Fund has approved a $13.95 million grant to the Government of Ethiopia to implement the first phase of a livelihood improvement project for pastoralist communities in Ethiopia’s drylands. The Borana Resilient Water Development for Improved Livelihoods Program will enhance access to climate-resilient, gender-sensitive integrated and sustainable water and sanitation services. Phase one… Read More
Africa Investments 

COP 27: African Development Bank Group and EBRD affirm commitment to climate adaptation and to helping African businesses become more resilient

Elwin Mandowa,
African Development Bank President Dr. Akinwumi Adesina and European Bank for Reconstruction and Development (EBRD) President Odile Reinaud-Basso have agreed that their organizations would step up cooperation to enhance resilience among African businesses. The two development bank heads held talks earlier this month at this year’s global climate summit (COP27) in Sharm El Sheikh, Egypt. Adesina highlighted that “climate adaptation… Read More
Africa Investments 

Senegal: African Development Bank to invest over €166 million in construction of highway to open up the country’s north

Elwin Mandowa,
The Board of Directors of the African Development Bank, has approved a loan of  €166.36 million to Senegal for construction of the Dakar-Tivaouane-Saint Louis highway, which will enhance access to the north of the country. The financing comprises €119.69 million from the African Development Bank and €46.67 million from the Africa Growing Together Fund, a facility sponsored by the People’s… Read More
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
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