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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

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

Elwin Mandowa, , , , , , ,
– – 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

Elwin Mandowa,
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

Elwin Mandowa,
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
Africa Investments 

African Development Bank head urges multilateral development banks to drive healthcare financing

Elwin Mandowa,
Africa will never again be caught flat-footed at the outset of another health pandemic, African Development Bank Group President Dr. Akinwumi Adesina stressed on Monday at the World Health Summit in Berlin. Adesina—who was a panelist in a session of the summit titled “Game Changer: a new lens on investment in health and well-being”—deplored the adverse situation that African countries… Read More
Africa Investments 

African Development Bank’s AFAWA initiative asks business enablers to apply for second round of funding to support Africa’s women-led businesses

Elwin Mandowa,
The African Development Bank Group’s Affirmative Finance Action for Women in Africa (AFAWA) initiative is launching its second call for proposals for the Women Entrepreneurship Enablers program, targeting women’s business associations, incubators, accelerators, women-led cooperatives, and civil society organizations that promote the development of women entrepreneurs on the continent. AFAWA is offering grants of up to $250,000 to organizations helping… Read More
Development Health Advice 

Global health: Women and children pay heaviest price for ‘gaping inequities’

Global Author
Data presented in the report show a clear and critical regression across virtually every major measure of childhood wellbeing, and many key indicators of the Sustainable Development Goals (SDGs). Since the last Every Woman Every Child Progress Report published in 2020, food insecurity, hunger, child marriage, risks from intimate partner violence, and adolescent depression and anxiety have all increased. ‘Protect… Read More
Africa Business World 

5 Benefits of Using Cryptocurrencies for Betting

Elwin Mandowa, , , , , ,
– – Blockchain technology is being adopted in various sectors, including the health, e-commerce, and gaming industries. Over the years, the gaming industry has adopted improved technology devices to provide customers with better services. More than increasing customer base, cryptocurrencies in the betting industry offer several other benefits. Gambling sites are adopting cryptocurrencies as payment methods. According to the 2021… Read More
Development Health Advice 

Guterres calls for ‘sustained political commitment’ for a healthier world

Global Author
To accomplish this, “wealthier countries and international financial institutions need to support developing countries to make these crucial investments”, said UN Secretary-General António Guterres.  In an address to the opening of the World Health Summit in Berlin, via a video message, he began by noting how poorly prepared most of the world is, for crises. The annual gathering is being hosted by… Read More
Africa Investments 

World Food Day: African Development Bank marks key milestones in interventions to feed Africa

Elwin Mandowa,
To help mitigate the impacts of soaring food prices and grains, worsened by Russia’s war in Ukraine, the African Development Bank in May launched the African Emergency Food Production Facility to enable production of 38 million tonnes of food over the next two years. The $1.5 billion facility stepped into action, with the Bank approving initial programs in 26 African… Read More
Africa Investments 

U.S.-based Foundation for Democracy awards African Development Bank’s Akinwumi Adesina for exemplary leadership

Elwin Mandowa,
U.S.-based Foundation for Democracy in Africa, an advocacy and research think tank, has conferred its topmost Medal of Glory Award on African Development Bank President Akinwumi Adesina for his exemplary leadership. The Medal of Glory Award is the Foundation’s highest honor, given annually for extraordinary contributions to democracy, good governance, and the advancement of trade, investment and cultural ties in… Read More
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