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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 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
Development Health Advice 

Updated family planning guide promotes empowerment, health and wellbeing – WHO 

Global Author
WHO’s updated landmark Family Planning Handbook, launched on Tuesday, informs health workers on protecting access to family planning services during emergencies, and provides policy makers with the most current information on contraceptive options.  “Family planning promotes self-actualization, empowerment, as well as health and wellbeing, and reduces maternal and infant deaths through the prevention of unintended pregnancy and unsafe abortion”, said… Read More
Development Health Advice 

WHO urges immediate skin to skin contact for babies born prematurely

Global Author
The advice marks a significant departure from earlier practice, reflecting the immense health benefits of ensuring caregivers – generally mothers – and preterm or small babies, can stay close after birth, without any separation.  WHO recommends that skin to skin contact, also known as “kangaroo mother care”, should begin immediately after these little ones take their first breath, without any… Read More
Africa Investments 

COP27: Egypt and a hundred partners, including the African Development Bank, launch “Guidebook for Just Financing” to address climate challenges

Elwin Mandowa,
The Egyptian government has launched the Sharm El Sheikh Guidebook for Just Financing at a roundtable event held 10 November during  COP27. The guidebook was produced jointly by the Egyptian Ministry of International Cooperation and more than a hundred development partners, corporations, development finance institutions and non-profit organizations. These include the International Monetary Fund, Rockefeller Foundation, the World Economic Forum,… Read More
Africa Investments 

Particularly exposed to climate shocks, African cities are turning to adaptation and resilience

Elwin Mandowa,
Water. Too much, or not enough… In South Sudan in 2021, flooding from Nile tributaries has followed a long dry spell, while Somalia continues to suffer from recurrent water shortages. In Algeria, Egypt and Libya, sandstorms have become more numerous and of greater magnitude, spreading to the cities, and even leading to the closure of some ports and airports. On the… Read More
Africa Investments 

COP 27 : Session sur le thème « Accélérer les investissements climatiques sensibles au genre pour un Sahel résilient »

Elwin Mandowa,
Quoi ?    Session sur le thème « Accélérer les investissements climatiques sensibles au genre pour un Sahel résilient » à la COP27 Qui ?       Banque africaine de développement Quand ?  14 novembre 2022, de 18h à 19h 30 (GMT+2) Où ?         En présentiel au Pavillon francophonie, Zone C, pavillon 81 (Charm El-Cheikh, Égypte), et en visioconférence : suivre en direct… Read More
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