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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 Business East Africa World 

Uganda’s Kasasa community gets savings and credit cooperative support

Elwin Mandowa, , , , , ,
– – Members of the Ugandan Kasasa community are benefiting from a savings and credit cooperative support to improve their livelihoods. The project by the InteRoots Initiative, a Denver, United States-based nonprofit organization with supporters from around the globe, has provided nearly $500,000 in unrestricted funding to the community for the project. The savings and credit cooperative has over 120… Read More
Africa Business Ghana West Africa World 

Ghana: Traders suspend closure of shops over economic crisis

Elwin Mandowa, , , , , , ,
– – Ghanaian traders on Friday suspended their strike action over worsening economic crisis in the West African nation. On Wednesday the traders mostly in the capital, Accra closed their shops to protest the high cost of doing business and general economic hardship. The leaders of the striking traders had said the shops would remain closed until Monday, October 24,… Read More
Africa Investments 

Finance in Common Summit 2022: Five Public Development Banks sign Paris Gender Declaration

Elwin Mandowa,
Five new public development banks have signed onto the Paris Development Banks Statement on Gender Equality and Women Empowerment Paris Development Banks Statement on Gender Equality and Women Empowerment. . The new signatories are CAF- Development Bank of Latin America; Development Bank of Rwanda; Cassa Depositi e Prestiti – Italian Investment Bank; Citizen Entrepreneurial Development Agency (CEDA); and the Dutch… Read More
Africa Investments 

AFAWA and Alliance for Financial Inclusion urge African Finance Ministers, Central Bank Governors to boost financial inclusion for Africa’s women-led…

Elwin Mandowa,
The African Development Bank’s Affirmative Finance Action for Women in Africa program, known as AFAWA, and the Alliance for Financial Inclusion introduced African Finance Ministers and Central Bank Governors to a new partnership set to increase financial inclusion for women-led enterprises across the continent. At a roundtable dinner held on the sidelines of the International Monetary Fund and World Bank… Read More
Africa Business World 

Facts about the Africa Palm Oil Initiative

Elwin Mandowa, , , , , ,
– – Globally, 1.6 billion people depend on forests for their jobs and livelihoods, while in many African countries 50–60% of the population work in agriculture. However, the Food and Agriculture Organization (FAO) estimates that the rate of deforestation between 2015 and 2020 was 10 million hectares per year; with agricultural commodities such as palm oil, rubber and cocoa being… Read More
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

Elwin Mandowa,
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

Elwin Mandowa,
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

Elwin Mandowa,
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

Elwin Mandowa, , , , , , , , ,
– – 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

Global Author
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
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