Month: December 2023

The African Development Bank Group (www.AfDB.org) and The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a multilateral credit and political risk insurer and a member of the IsDB Group, have signed a strategic risk sharing engagement aimed at fostering sustainable development in Côte d’Ivoire. In this landmark collaboration, ICIEC has provided an insurance capacity of EUR 194 million, backstopping the EUR 400 million Partial Credit Guarantee […]

The Confederation of African Football (CAF) has announced Ecobank (https://Ecobank.com/), the leading pan-African banking group, as an Official Sponsor of the TotalEnergies Africa Cup of Nations Côte d’Ivoire 2023. The TotalEnergies CAF Africa Cup of Nations, the biggest event in Africa, will kick off on 13 January 2024 in Côte d’Ivoire. Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “The TotalEnergies CAF AFCON tournament highlights the immense sense of pride […]

On 13 December 2023 in Abidjan, the Board of Directors of the African Development Fund, the African Development Bank Group’s (www.AfDB.org/en) concessional window, approved a €38.84 million loan to Benin to help implement the initial phase of the Economic Governance and Private Sector Development Support Programme. This programme will increase the private sector's contribution to economic growth by enhancing the overall business climate, developing the agri-food sector and strengthening climate […]

FIFA (www.FIFA.com) has announced the finalists in The Best women’s and men’s coach categories; Winners will be crowned on Monday 15 January 2024 in London, England; Sarina Wiegman and Lionel Scaloni are the current holders of the respective coach awards. FIFA has announced the finalists for The Best FIFA Women’s Coach and The Best FIFA Men’s Coach awards for the 2023 edition of The Best FIFA Football Awards™. The finalists for The […]

Meeting in Abidjan on 13 December 2023, the Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $105.19 million to Angola to implement the Agriculture Sector Reform Programme. The programme is intended to strengthen agriculture policy and the business environment to improve food production and contribute to economic diversification. "The Agriculture Sector Reform Programme aims to make smallholdings more productive and to integrate them into […]

Presidency and National Treasury release progress report outlining advances in economic reform through Operation Vulindlela The Presidency and National Treasury have on Monday, 11 December 2023, released a progress report for Q3/Q4 2023 on the implementation of economic reforms through Operation Vulindlela. This quarterly report marks the three-year anniversary of Operation Vulindlela, which was initiated by President Ramaphosa in 2020 as part of the Economic Reconstruction and Recovery Plan. Operation […]