Month: June 2024

[[{"value":"Africa Data Centres (https://www.AfricaDataCentres.com/), a business of the Cassava Technologies group, has unlocked funding that will allow them to expand data centre capacity and meet the growing demand for cloud computing services in South Africa. This was facilitated through a bespoke financing solution arranged by RMB. The financing agreement demonstrates the strong financial position of Africa Data Centres and its commitment to investing in the digital transformation of South Africa […]

[[{"value":"Pan-African legal and business advisory group has opened an office in Pointe Noire, in the Republic of the Congo. The firm will provide direct legal support for current and upcoming hydrocarbon projects. The launch ceremony took place at the Atlantic Hotel on June 19 and was attended by Zion Adeoye, CEO of CLG; Strayson Vermeulen – Group (CFO)&COO; Yves Olivier, Director of CLG Congo; and Oneyka Ojogbo, Deputy Managing Director […]

[[{"value":"African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an indicative term sheet with APD-Cameroon for the financing of the development and operation of a new port terminal in Douala, Cameroon, estimated to cost EUR210 million.  According to the term sheet, the proposed facility will be in two tranches in Euro and Central African Francs (XAF) of up to EUR147 million, with a proposed Afreximbank participation of EUR80 million. The new terminal […]

[[{"value":"His Excellency Joseph Nyuma Boakai, Sr., President of the Republic of Liberia, has nominated and appointed additional members of Government affecting the Ministry of Information Cultural Affairs&Tourism, the Office of War Crimes Court, National Disaster Management Agency, and Lofa County University. These appointments, where applicable, are subject to confirmation by the Liberian Senate. The institutions and those nominated and appointed are: I. Ministry of Information Cultural Affairs&Tourism 1. Mr. Daniel […]

[[{"value":"Somalia’s economy is expected to grow at 3.1 percent in 2023 up from 2.4 percent in 2022. This rebound in growth was driven by improved weather conditions and policy reforms instituted by the government to reach the Heavily Indebted Poor Countries (HIPC) Completion Point.   The latest Somalia Economic Update notes that the medium-term growth outlook will remain modest, with growth projected at 3.7 percent in 2024 and 3.9 percent in 2025. […]

[[{"value":"Within the framework of the ECOWAS Gender Strategy and Action Plan 2020-2030 for gender-sensitive disaster risk reduction, the ECOWAS Centre for Gender Development (ECGD) is organising the official launch of the implementation of its gender programmes in the Republic of Côte d’Ivoire on 21 June 2024 at the auditorium of the Office of the Prime Minister in Abidjan, Côte d’Ivoire. The event is being held under the patronage and in […]

[[{"value":"Strengthening cooperation between the Economic Community of West African States (ECOWAS) and the United States of America was the main topic of discussion on 19 June 2024 in Abuja, Nigeria, between the Vice-President of the ECOWAS Commission, Mrs Damtien Larbli Tchintchibidja, and an American delegation led by congresswomen French Hill and Chrissy Houlahan. On behalf of the President of the ECOWAS Commission, Dr Omar Alieu Touray, Mrs Tchintchibidja expressed her […]