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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 

UN’s game plan for sanitation for all

Global Author
“SDG 6.2 is about ending open defecation and providing access to safe sanitation and hygiene, and it is the furthest off-track of all the SDGs, and furthest in terms of underfunding,” said Ann Thomas, Team Leader, Sanitation and Hygiene, WASH Programme Division, UNICEF, at a UN Headquarters press conference on Thursday. ‘Sanitation crisis’ In a 2020 estimate, 3.6 billion people lacked safely managed sanitation… Read More
Africa Investments 

Solar-powered piped water schemes are helping Zimbabwe’s urban communities amid water scarcity and climate change

Elwin Mandowa,
Resources at scale are needed to provide communities in fragile settings with access to safe water, core to foster climate resilience, say African Development Bank and UNICEF during ongoing COP27 in Egypt According to a recent report by Oxfam, Hunger in a Heating World, 7 of the 10 countries most vulnerable to climate risks are in Africa. One of these… Read More
Africa Investments 

COP27: On Gender Day African Development Bank rallies global support for women to build climate resilience

Elwin Mandowa,
Former Irish president Mary Robinson headlined a panel discussion to mark ‘Gender Day’ at the 27th United Nations Climate Change Conference (COP27) in Egypt. She called for a bespoke climate fund to support grassroots women to tackle climate change and build resilience. The African Development Bank organized the session held during COP27 in Sharm El Sheikh under the theme, Gender… Read More
Africa Investments 

COP27: Germany commits €40 million to African Development Bank Group’s Climate Action Window initiative for fragile African states

Elwin Mandowa,
Germany has committed €40 million to the African Development Bank Group’s Climate Action Window, German State Secretary for Economic Cooperation and Development Jochen Flasbarth has announced.  The contribution is to support climate adaptation in fragile African states. Flasbarth made the announcement during a ministerial panel for climate-vulnerable countries and champions of adaptation finance at the 27th session of the UN… Read More
Africa Investments 

Financing nature for resilient communities and economies

Elwin Mandowa,
What? Panel Discussion: “Financing Nature for Resilient Communities and Economies” Who? Natural Resource Management and Investment Centre of the African Development Bank Group, Worldwide Fund for Nature (WWF), World Resources Institute (WRI), Cities4Forests, World Bank Group, Global Facility for Disaster Risk Reduction (GFDRR), Green Growth Knowledge Platform (GGKP), Caterpillar Foundation When? Wednesday, 16 November 2022 (COP27 Biodiversity Day), 17:00-18:30 EGT… Read More
Africa Investments 

African Development Bank invests $20 million in private equity fund targeting renewable energy projects in sub-Saharan Africa

Elwin Mandowa,
The Board of Directors of the African Development Bank Group today approved an equity investment of $20 million in Evolution Fund III, a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across sub-Saharan Africa over a 10-year period. Inspired Evolution Investment Management is a well-established fund manager with… Read More
Africa Business World 

African Energy Chamber demands an end to energy colonialism

Elwin Mandowa, , , , , ,
A gas field is seen near Zarzaitine in In Amenas,1,600km (994 miles) southeast of Algiers, Algeria. REUTERS/Louafi Larbi A kettle boiled twice a day by the rich and luxurious family of radical leftist group Extinction Rebellion‘s Chloé Farand in the France, uses five times as much electricity as an entire Malian family uses per year. 900 million Africans rely on… Read More
Africa Investments 

African Development Bank predicts economic slowdown in East Africa in 2022, but bounce back in 2023

Elwin Mandowa,
The African Development Bank has released its latest East African Economic Outlook, predicting a slow recovery in the region in 2022 at 4.0 percent against 5.1% in 2021. The slowdown is due to the lingering effects of COVID-19; the adverse impacts of geopolitical tensions (notably the Russia-Ukraine conflict); climate change and devastating locust invasion, together with regional conflicts and tensions. … Read More
Development Health Advice 

Doses of Ebola candidate vaccines expected to be shipped to Uganda next week: WHO

Global Author
Uganda is going through a major outbreak of the deadly disease, and there have been 141 confirmed cases to date, and 22 probable cases.   Confirmed deaths total 55, with probable deaths at 22, while 73 people have recovered from the disease.   Global effort  The outbreak was declared on 20 September.  Since then, the Ugandan authorities and partners have… Read More
Africa Investments 

‘Natural gas is not an ideological issue, it’s a pragmatic one,’ says AfDB’s Adesina

Elwin Mandowa,
The president of the African Development Bank shares his views on investment opportunities, financial management and the growing threat of climate insecurity.​ At this year’s African Investment Forum in Abidjan, Akinwumi Adesina, president of the African Development Bank (AfDB), proudly announced $63.8bn in investment pledges for the continent. African Business managed to catch up with him before he flew off to… Read More
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