Africa Investments 

African Development Bank president Akinwumi Adesina awarded Man of the Year (Africa) in 2022 by Exclusive Men of the Year Awards

African Development Bank President Dr. Akinwumi Adesina has been named 2022 Man of the Year (Africa) by Exclusive Men of the Year (EMY), for his visionary leadership as the president of the African Development Bank Group and for his outstanding contribution to Africa during his period as agriculture minister of Nigeria. The EMY awards are organized by the EMY Africa… Read More
Africa Investments 

How Rwanda is using Artificial Intelligence to improve healthcare

Drug stock-outs and shortage of medical equipment in health facilities in Rwanda are becoming a thing of the past, thanks to an innovation that is addressing procurement constraints. Viebeg Technologies, a venture capital-backed Health Tech company, is helping to expand access to affordable health care in Central and East Africa by aiding healthcare facilities in procuring supplies in real-time. It… Read More
Africa Investments 

Morocco: African Development Bank Group Executive Directors take note of country’s development progress

At the end of a five-day visit to Morocco, Executive Directors of the African Development Bank Group lauded the Moroccan government’s vision for development and the progress the country has achieved. The Bank Group’s Board delegation of about 10 executive directors, accompanied by the Country Manager for Morocco, Achraf Hassan Tarsim, met with government officials, civil authorities and private sector… Read More
Africa Investments 

New report sheds light on the potential of the Egyptian entrepreneurial ecosystem and its stakeholders

The African Development Bank’s Innovation & Entrepreneurship Lab and the Swiss State Secretariat have launched a new report assessing the state of entrepreneurship in Egypt. Dr Ayman Ismail, a professor at the American University in Cairo, presented findings and recommendations of Entrepreneurship in Egypt: an ecosystem overview 2022 to participants from a number of countries during a virtual event held… Read More
Africa Business Ghana World 

Ghana to host inaugural Africa Bitcoin Conference

– – Jack Dorsey, Chairman of Block and co-founder of Twitter will attend the first Africa Bitcoin Conference happening in Accra, Ghana on 5 – 7 December 2022, as a keynote speaker. Jack Dorsey who co-founded Twitter now heads Block, a conglomerate of fintech companies housing Square, Cash App, Spiral, TIDAL, TBD. Block builds tools to make the economy more… Read More
Development Health Advice 

Make suicide prevention in Africa a priority, UN health agency urges governments

“Every death by suicide is a tragedy,” said Dr. Matshidiso Moeti, WHO Regional Director for Africa, who maintained the suicide prevention was “rarely a priority” in national health programmes. Ahead of World Mental Health Day on 10 October, she called for “significant investment…to tackle Africa’s growing burden of chronic diseases and non-infectious conditions – such as mental disorders – that… Read More
Development Health Advice 

Haiti: Fuel crisis prompts appeal for humanitarian corridor amid cholera outbreak

The Varreux Terminal, located in the capital, Port-au-Prince, is the main entry point for fuel in the country but gangs have been blocking the entrance since mid-September.  The situation has led to a fuel shortage that has forced many hospitals and health centres to close, and affected water distribution, said Ulrika Richardson, UN Deputy Special Representative in the country and… Read More
Africa Investments 

Nigeria: African Development Bank approves $25 million Trade Finance Facility for FSDH Merchant Bank for local SMEs

The Board of Directors of the African Development Bank Group has approved a $15 million trade finance line of credit and $10 million transaction guarantee for FSDH Merchant Bank in Nigeria. FSDH will use the line of credit to provide loans to local enterprises in Nigeria. The $25 million package will help to reduce the trade finance gap in Nigeria… Read More
Africa Investments 

Maroc : 3e Forum africain de financement des engrais le 12 octobre prochain à Casablanca

Quoi ?         3e Forum africain de financement des engrais Qui ?           Banque africaine de développement, OCP Africa et le Mécanisme africain de financement du développement des engrais Quand ?      Du 12 au 13 octobre 2022, à partir de 8h (GMT+1) Où ?            En présentiel à l’Hôtel Hyatt Casablanca (Maroc)                     En visioconférence, sur la plateforme de la conférence (lien ci-dessous) Le Groupe… Read More
Africa Business North Africa World 

Morocco issues first cannabis production permits to farmers

– – The Moroccan government has issued permits for 10 farmers to legally grow cannabis for industry and export. This is the first time the country is issuing out these permits after legalising the production of cannabis for medicinal and industrial purposes last year. Farmers in the northern regions of al-Hoceima, Chefchaouen and Taounate will now be allowed to produce… Read More
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