Africa Investments 

Heads of world’s development banks focus on sustainable recovery for Africa, and call for more cooperation to scale up help for most vulnerable

Heads of public development banks on Wednesday underlined the critical need to build resilience for fragile countries and to boost African countries’ capacity to tackle global emissions in a sustainable manner. Stressing the need to forge even stronger cooperation, they said the third Finance in Common Summit, held for the first time in Africa, would be proof of commitment to… Read More
Africa Investments 

Nigeria Special Agro-Industrial Progressing Zones initiative to be launched Oct 24

What:      Launch of Special Agro-industrial Processing Zones Phase One Nigeria Who:       The President of Nigeria, government officials, investors, and leaders of the following financial institutions: The African Development Bank The Islamic Development Bank The International Fund for Agricultural Development When:   Monday, 24 October 2022 at 10:00 am WAT               Tuesday, 25 October 2022 at 2:00 pm WAT Where:  Statehouse,… Read More
Africa Investments 

Finance in Common: Speakers call for new financial architecture to address the impact of global shocks on developing countries

Ahead of Wednesday’s official opening of the Finance in Common Summit (FiCS) 2022 in Abidjan, speakers at a research conference side event called for a new global financial architecture to tackle the impact of global shocks on developing countries.  They said it should include innovative ways to unlock greater investments from the public and private sectors. The third Finance in… Read More
Africa Business Featured Ghana World 

Ghanaian traders close shops in protest of high cost of doing business

– – Members of the Ghana Union of Traders Association (GUTA), have closed their shops across the country in protest of the high cost of doing business in recent times. Their leaders tell Africa Feeds that the shops would be closed until Monday, October 24. They also insist that the continuous plummeting of the Ghanaian currency, the Cedi on the… Read More
Development Health Advice 

Time to get off the couch, WHO warns, as 500 million risk developing chronic illness

And the price of inaction and staying on the couch, will be severe, WHO said – around $27 billion in extra healthcare costs. The Global status report on physical activity 2022, measures the extent to which governments are implementing recommendations to increase physical activity across all ages and abilities.  Data from 194 countries show that overall, progress is slow and… Read More
Development Health Advice 

Cholera vaccine shortage forces shift to one-dose regimen

The International Coordinating Group (ICG), is made up of members from the World Health Organization (WHO), UN Children’s Fund UNICEF, Médecins Sans Frontières, and the International Federation of Red Cross and Red Crescent Societies. Unprecedented outbreaks The switch to a single-dose approach will help conserve stocks, allowing the oral vaccine to combat the potentially fatal waterborne disease in more countries,… Read More
Development Health Advice 

Tigray conflict is a health crisis for 6 million people, and ‘the world is not paying attention’: Tedros

Highlighting that there is no other situation globally in which six million had been kept under siege for almost two years, Tedros Adhanom Ghebreyesus, warned that there is a very narrow window to prevent genocide in Tigray. “Yes, I’m from Tigray, and yes, this affects me personally. I don’t pretend it doesn’t. Most of my relatives are in the most… Read More
Africa Business Ghana West Africa World 

Ghana’s cedi is the world’s worst-performing currency

– – Ghana’s currency the cedi on Monday become the world’s worst-performing currency in 2022. The West African nation is facing serious economic crisis and now in discussions with the International Monetary Fund for a bailout. The depreciating levels of the cedi though is compounding the economic plights of citizens and businesses. This year the cedi has lost value to… Read More
Africa Investments 

Joint Report on Multilateral Development Banks’ Climate Finance: Climate finance to low- and middle-income countries hits $51 billion in 2021

Climate finance committed by major multilateral development banks (MDBs) rose in 2021 with over $19 billion committed to climate change adaptation finance, according to the Joint Report on Multilateral Development Banks’ Climate Finance, published on Friday. The report tracks the progress of MDBs in relation to their climate finance targets such as those announced at COP21 and the greater ambition… Read More
Africa Investments 

USTDA, Mobihealth Partner on African Telehealth Infrastructure

This USTDA press release was originally published on 17 October 2022 on USTDA’s website. Today, the U.S. Trade and Development Agency announced that it has awarded a grant to Nigeria’s Mobihealthcare Limited (Mobihealth) for a feasibility study to support the expansion of its telehealth services from Nigeria to Côte d’Ivoire, Ghana, Kenya, and Egypt. This collaborative effort will help expand… Read More
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