Africa Investments 

Africa Investment Forum 2022 draws $31 billion in investor interest

This year’s just concluded Africa Investment Forum Market Days—the continent’s premier investment platform—has drawn $31 billion in investment interest from African and global investors. Combined with $32.8 billion from the rescheduled 2021 Africa Investment Forum Market days—which took place as virtual boardrooms in March this year—the forum has mobilized a total of $63.8 billion of investment interest this year. The… Read More
Africa Investments 

African Investment Forum: Africa remains attractive to investors, despite occasionally complex local and geopolitical situations

The African continent has enormous potential and remains an attractive destination for investors, despite complex national contexts and geopolitical changes, say experts attending the Africa Investment Forum 2022 Market Days. Africa is facing external shocks that negatively impact its growth and socioeconomic development. The Covid-19 pandemic has compromised the sustained growth that the continent has enjoyed for the last 25… Read More
Africa Business East Africa World 

Kenya Airways strike disrupts flights as passengers get stranded

– – Thousands of flights have been disrupted and passengers stranded following pilots strike at Kenya Airways. Kenya airways is one of Africa’s biggest carriers but has been facing some challenges forcing Saturday’s strike, despite the government urging them to call it off. The pilots union have called the strike over a dispute on pensions contributions and settlement of deferred… Read More
Africa Investments 

KEIZAI DOYUKAI, African Development Bank Group sign letter of intent to strengthen cooperation and business ties between Japan and Africa

KEIZAI DOYUKAI, or the Japan Association of Corporate Executives today signed a statement of intent with the African Development Bank Group to foster closer collaboration and to strengthen business ties between Japan and Africa. The signing took place on the sidelines of the Africa Investment Forum Market Days 2022, taking place in Abidjan, Côte d’Ivoire. The DOYUKAI, a private, nonprofit,… Read More
Africa Investments 

Africa Investment Forum 2022: Before exporting its gas, Africa should meet its own needs

Africa should satisfy its own natural gas needs first before considering exports in the wake of the growing interest among European countries, which is linked to the Russian-Ukraine war, experts have cautioned.   These were the viewpoints at the end of the parallel session of the Africa Investment Forum 2022 Market Days held in Abidjan, Côte d’Ivoire, from 2 to… Read More
Africa Investments 

Africa Investment Forum: African investors asked to mobilize more for infrastructure in Africa

At the November 2 opening of the 2022 Africa Investment Forum, panelists called on African investors to increase financing for African infrastructure to make the sector attractive to foreign investors. The panel, “Mobilizing financial capital: What investment model will attract world capital to Africa?” featured representatives of the African private sector. They included Charles Kié, CEO of Genesis Holdings; Vincent Le… Read More
Africa Investments 

Nigeria: African Development Bank, First City Monument Bank sign agreement for $50 million line of credit to bolster access to finance for small,…

Nigeria: African Development Bank, First City Monument Bank sign agreement for $50 million line of credit to bolster access to finance for small, medium and women-owned businesses. | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– African Development Bank Group Read More
Africa Investments 

Zimbabwe Open for Business, says President Mnangagwa

Zimbabwean President Dr Emerson Mnangagwa has called on investors to realize the massive investment opportunities in Zimbabwe and shun negative perceptions of risk. Zimbabwe, self-sufficient in food production and a major exporter of wheat, tobacco, and corn to the 14-member Southern African Development Community, to other African countries and the wider world before 2000, saw its exports plummet.  Before 2000,… Read More
Development Health Advice 

Climate change much deadlier than cancer in some places, UNDP data shows

The study gives the example of Dhaka, Bangladesh, where under a scenario of very high emissions by 2100, additional deaths due to climate change could rise to nearly twice the country’s current annual death rate from all cancers, and 10 times its annual road traffic fatalities. “Because of human action, the concentration of carbon dioxide in our atmosphere is reaching… Read More
Africa Investments 

African Development Bank to amplify Africa’s voice at COP27

What:   African Development Bank at 2022 United Nations Climate Change Conference Who:    African Union Commission; African leaders; African Development Bank; the United Nations Economic Commission for Africa; NEPAD Planning and Coordinating Agency; Partners When:   6-18 November 2022 Where:  Sharm El Sheikh, Egypt | Click here to follow online. The African Development Bank Group is set to join global leaders, including… Read More
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