Month: June 2024

[[{"value":"The African Development Bank Group (www.AfDB.org) and the government of Ethiopia, in partnership with the Netherlands, fertilizer company OCP-Africa, and the Global Center on Adaptation (GCA), have launched an ambitious project to transform Ethiopia from a wheat importer to a self-sufficient producer and exporter. The total cost of the Climate Resilient Wheat Value Chain Development (CREW) Project is $94 million. The African Development Fund (ADF), the concessional arm of the […]

[[{"value":"Industrial and Commercial Bank of China Limited (ICBC), London Branch and Standard Chartered Bank (SCB) have successfully closed a US$500,000,000-Dual Tranche Syndicated Term Loan Facility (the “Facility”) for the African Export-Import Bank (Afreximbank or the Borrower) (www.Afreximbank.com). ICBC and SCB acted as Coordinators, Initial Mandated Lead Arrangers and Bookrunners for the Facility, which was syndicated exclusively to Asian lenders. ICBC was the Documentation Agent and SC acted as Facility Agent. […]

[[{"value":"Suburban Cloud (https://SuburbanCloud.ng), a leading sovereign cloud service provider, proudly announces its successful participation in GITEX AFRICA 2024 (https://GITEXAfrica.com), held in Marrakech, Morocco. As a premier event in the global tech calendar, GITEX AFRICA brought together industry leaders, innovators, and technology enthusiasts from across the continent and beyond. Suburban Cloud's participation marked a significant milestone in its mission to provision end-to-end cloud services that connect and enable communities within Nigeria, Africa, […]

[[{"value":""We believe in technology for the growth of our businesses and for the national economic diversification" said Oscar Ondo, CEO of GITGE, the company responsible for managing Equatorial Guinea's submarine and terrestrial fiber optic network.  GITGE, BANGE, IDENTIC GE, and the Ministry of Posts, Transport and Telecommunications, marked their presence at GITEX Africa 2024, held in Marrakech, Morocco, from June 19-21. The event brought together over 10,000 visitors and 400 […]

[[{"value":"The African Development Bank (www.AfDB.org) has appointed Dr. Léandre Bassole, a seasoned economic development specialist, as Deputy Director General for the East African Region, effective June 1, 2024. Dr. Bassole, a Burkina Faso national, has over 18 years of experience in high-level policy dialogue, advisory services, and the design of country programs and strategies. He has successfully delivered impactful operations and programs across various African regions, including West, Central, East, and […]

[[{"value":"CardPay, an emerginbg  fintech company, is proud to announce its participation in GITEX Africa 2024 (https://GITEXAfrica.com/), the continent's premier technology and innovation event held in Marrakech, Morocco, from May 29th to 31st. CardPay showcased its innovative suite of secure and accessible payment solutions designed to empower students with financial wellness across Africa. Attendees had the opportunity to explore CardPay's offerings, including: * **Seamless Mobile Payment Solutions:**  CardPay's mobile payment solutions […]

[[{"value":"The African Development Bank Group (www.AfDB.org) has appointed Lamin Barrow, an economist, as the Director General for the West Africa Region, effective June 1, 2024. Barrow, a Gambian national, brings extensive experience and knowledge to his new role, having joined the African Development Bank in 2000. Before this appointment, he served as Director General of the Nigeria Country Department within the Regional Development, Integration&Business Development Vice Presidency. Barrow's expertise spans […]

[[{"value":"Digital Earth Africa (www.DigitalEarthAfrica.org) announces the launch of its innovative Waterbodies Monitoring Service. This service is a world-first developed in – and for – the African continent. The service is unique among satellite-based global surface water datasets given the accessible and operational nature of the data, and the focus on providing timely, relevant and interpretable information to decision makers. The Digital Earth Africa Waterbodies Monitoring Service has pushed the boundaries of […]