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Nigeria’s first deep seaport built by China

– – Nigeria’s first deep sea port in the city of Lagos has been handed over to the government after its completion. Built by the China Harbor Engineering Company Ltd (CHEC), the huge project is expected to boost the country’s maritime sector. The Lekki Deep Sea Port is the largest seaport in Nigeria, and one of the biggest in West… Read More
Africa Investments 

Africa Investment Forum 2022 Market Days — Opening ceremony / Press conference

What: Africa Investment Forum 2022 Market Days opening ceremony Africa Investment Forum 2022 Press Conference Who: President of the Republic of Cote d’Ivoire Alassane Ouattara, African Development Bank head Akinwumi Adesina; heads of Africa Investment Forum founding partners, and global investors. When: Opening ceremony: 2 November 2022, 09:15 – 11:30 GMT Press conference: 3 November 2022, 13:30 GMT Where: Hybrid… Read More
Africa Investments 

Africa Investment Forum: Building out Africa’s ICT infrastructure can pave the way for a digital leap forward

One major lesson for Africa from the Covid-19 pandemic is that it had an outsize negative impact on workers in jobs that cannot be performed remotely.  Such jobs are typically in the informal sectors that dominate Africa’s economies. Services and other sectors more amenable to remote work were far less affected, which reduced the need for government social safety net… Read More
Development Health Advice 

Public health risks increasing in flood-affected Pakistan, warns WHO

Public health risks are increasing, driven by damaged infrastructure, stagnant water and inadequate sanitation facilities, the UN health agency said. Dr. Richard Brennan, WHO Regional Emergency Director, said that the catastrophe has pushed the country to the brink and that diseases are rampant. Over 540,000 malaria cases have been reported. Other health threats include increasing cases of diarrheal diseases, an… Read More
Development Health Advice 

Cholera spreading throughout Lebanon, WHO warns

The first case was reported to WHO by the Ministry of Public Health on 6 October, and there have been 381 laboratory-confirmed cases. While the outbreak was initially confined to northern districts, it has spread rapidly said WHO’s office in Lebanon, with laboratory-confirmed cases now reported from all eight governorates and 18 out of 26 districts. Serotype Vibrio cholerae O1… Read More
Africa Investments 

Africa Investment Forum: African continental free trade area provides fresh impetus for deeper railway networks

Demand for more extensive rail infrastructure in Africa received a boost following the coming into force of the African Continental Free Trade Agreement in early 2021. The agreement aims to boost intra-regional trade and integration, two goals that rail corridors meet.   In March 2022, during virtual boardroom sessions organized by the Africa Investment Forum,  investors, deal brokers and government ministers… Read More
Africa Investments 

Africa Investment Forum: Green jobs can help shift the climate of gender equality for African women

The Africa Investment Forum has a strong track record of supporting the success of women business owners and entrepreneurs. Less well-known is that the Africa Investment Forum, an initiative of the African Development Bank and seven partners, also works to channel investment to sectors offering women better access to higher skilled and better paying employment. As African countries mount robust… Read More
Africa Investments 

Ten Quick Facts You Should Know About Nigeria Special Agro-Industrial Processing Zones Program

The Special Agro-Industrial Processing Zones (SAPZ) program is a flagship African Development Bank initiative. The zones bring together the production, processing, storage, transport, and marketing of commodities – including cotton and maize. This will increase productivity and competitiveness and reduce logistics costs. The program has four broad components: support for the development of enabling climate-adapted infrastructure for agro-industrial hubs; improving… Read More
Africa Investments 

Africa Investment Forum attracts US Trade and Development Agency support for Nigerian telehealth provider

Abuja-based telemedicine provider Mobihealthcare Limited has received grant funding from the United States Trade and Development Agency. The funding will support the provider of telehealth services to assess the feasibility of expansion beyond Nigeria into Cote d’Ivoire, Ghana, Kenya and Egypt. The company was one of 40 presented to investors during a series of virtual investment meetings organized by the… Read More
Africa Investments 

Africa Investment Forum 2022: Medical and vaccines transactions expected to draw healthy investor interest during Market Days event

Since the onset of the Covid-19 pandemic, the Africa Investment Forum, a marketplace for transactions that close Africa’s investment gaps, has channeled investments to projects that address the continent’s biggest healthcare challenges – building quality healthcare infrastructure; developing the continent’s pharmaceutical industry; and increasing the capacity of vaccine manufacturing. These priorities were outlined by African Development Bank president Dr Akinwumi… Read More
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