Kenmare Resources gears for growth with a new US$200m facility led by Rand Merchant Bank (RMB)

[[{"value":"London-listed Kenmare Resources plc, operator of the Moma titanium minerals mine in northern Mozambique, has secured a funding package to refinance a maturing revolving credit facility and a five-year term loan facility. RMB, acting as the Initial Mandated Lead Arranger (IMLA) on the deal as well as one of the lending banks, worked with Kenmare to structure a new five-year US$200m RCF. The tailored facility allows Kenmare to meet their […]

March 25, 2024 6

APO International

Digital Lab Launches “Innovations Map” to Connect Libya’s Digital Innovators

[[{"value":"The Digital Lab, a Libyan initiative fostering innovation and digital transformation, has officially launched its highly anticipated innovations map (https://LDIL.gia.gov.ly) platform. This user-friendly online tool will serve as a comprehensive resource, connecting innovators, entrepreneurs, researchers, and investors across the country. The launch ceremony was held at the headquarters of the General Information Authority in Tripoli. "The launch of the Digital Lab's Innovations Map represents a positive step forward in realizing our national […]

March 25, 2024 12

Africa

Cultural wealth can drive economic growth in African cities

By Bonface Orucho, bird story agency With the right policies, African cities hold immense potential to drive significant economic growth by capitalizing on their rich cultural heritage and harnessing the creativity of their youthful populations, according to a new report. “Africa’s urban landscapes are not just repositories of heritage and tradition; they are dynamic centres of innovation, awaiting the right policies to support unlocking their full potential,” the […]

March 25, 2024 25

1

Oshiwambo

Minister Emma Teophelus otati omatenda oma kufikufi o 5G itaa kakala oupyakadi washa moshiwana.

Minister wo mauyelele no makwatafano opautekinolgy Emma Teophelus , okwati omafaneko omakufifkufi omakwatakanifo o 5G kaena oupyakadi ngaashi vamwe veshi talako. Minister Teophelus edi okwa li te di popi ongula yonena,efimbo leenghundafana odo aninga nondjo nghundana yetu yo Future Media news, eshi ali ta nyamukula kepulo kutya oupyakadi washike oo a tala tau ka tu kuka moshiwana ngenge omafaneko oku dika omatenda omakwatafano o 5G okwa ka tulwa moilonga. Okwati omakufikufi o […]

March 25, 2024 13 1

APO International

The Urban and Municipal Development Fund of the African Development Bank has approved an annual work programme to support 14 new municipalities and local authorities

[[{"value":"The Technical Committee of the African Development Bank (AfDB) Group (www.AfDB.org) met on 18 March 2024 in Abidjan and approved the new work programme for 2024. The committee, responsible for monitoring the work of the AfDB’s Urban and Municipal Development Fund (UMDF), allocated a total of US$4.5 million to support projects in 14 African municipalities and local authorities. The first part of the programme, totalling some $500,000, will be centred […]

March 25, 2024 7

APO International

The Urban and Municipal Development Fund of the African Development Bank has approved an annual work programme to support 14 new municipalities and local authorities

[[{"value":"The Technical Committee of the African Development Bank (AfDB) Group (www.AfDB.org) met on 18 March 2024 in Abidjan and approved the new work programme for 2024. The committee, responsible for monitoring the work of the AfDB’s Urban and Municipal Development Fund (UMDF), allocated a total of US$4.5 million to support projects in 14 African municipalities and local authorities. The first part of the programme, totalling some $500,000, will be centred […]

March 25, 2024 6

Africa

Kigali is Africa’s fastest rising international financial centre

By Conrad Onyango, bird story agency Rwanda’s deliberate move to carve a niche in sustainable finance is helping to grow Kigali as Africa’s next significant International Financial Centre. The capital city has climbed up 18 spots, the highest in Africa and third highest globally, in the 35th edition of the Global Financial Centers Index (GFCI) rankings, placing it third in Africa and 67th globally. “The greatest improvements were […]

March 25, 2024 15

APO International

Standard Bank to Discuss Africa’s Energy Finance Opportunities at Invest in African Energy (IAE) 2024

[[{"value":"Paul Eardley-Taylor – responsible for Standard Bank’s oil and gas sector coverage activities in Southern Africa – will speak at the upcoming Invest in African Energy (IAE) 2024 forum in Paris. As Africa’s largest lender by assets, Standard Bank plays a critical role in financing Africa’s capital-intensive energy projects, featuring a balanced portfolio across oil and gas, power generation, renewable energy and mining sectors. The bank contributed $485 million to […]

March 25, 2024 7

APO International

African Development Bank, International Organization for Migration (IOM) launch report on harnessing migration for development in Africa

[[{"value":"The African Development Bank (www.AfDB.org) and the International Organization for Migration (IOM) released a joint report designed to support practitioners and decision makers to turn migration into a force for development in Africa. The report, Diaspora Engagement, Climate-Induced Migration and Skills Mobility: A Focus on Africa (https://apo-opa.co/3VE4Zd0) examines the impact of migration on human development and poverty reduction. It provides insights to leverage the potential of the African diaspora, build […]

March 25, 2024 14

Month: March 2024