Month: October 2024

 The inaugural ExxonMobil Jr. NBA/Jr. WNBA League Mozambique Finals concluded on Saturday, September 28, at the Clube Desportivo da Politécnica in Maputo, Mozambique, with five-time NBA (www.NBA.com) champion Ron Harper in attendance.  The Golden State Warriors (Escola Secundária Francisco Manyanga) and the New York Knicks (Escola Secundária Josina Machel) were crowned the inaugural champions in the girls’ and boys’ divisions, respectively.    The league, operated by the Clarisse Machanguana Foundation […]

 Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced an outstanding return to the global debt capital markets, successfully issuing a US$500 million 144A/Reg S Eurobond. The benchmark five-year Note, issued at par with a coupon of 5.55%, had a negative concession with pricing inside the Corporation’s outstanding yield curve, resulting in the tightest T-spread ever achieved by AFC on a 5-year US dollar benchmark and […]

 Pan-African legal, tax and business advisory group CLG highlighted local engagement and mutual beneficiation as critical to ensuring smooth contract execution when entering Angola’s merger and acquisition landscape, as part of its pre-conference workshop at Angola Oil&Gas 2024.   As one of the largest oil and gas producers in Africa, Angola has made gains toward establishing itself as a business-friendly market, having instituted a complete overhaul of its regulatory environment under […]

 Today, President Abdel Fattah El-Sisi met with Uganda's Chief of Defence Forces General Muhoozi Museveni, in the presence of Commander-in-Chief of the Armed Forces and Minister of Defense and Military Production General Abdel Mageed Saqr. The Spokesman for the Presidency said General Muhoozi Museveni conveyed the greetings and appreciation of Ugandan President Yoweri Museveni to President El-Sisi. The President expressed his appreciation for President Museveni and lauded the historical relations […]

 “One day, in the operating theatre, there was a power cut́ in the middle of a laparotomy [opening of the abdomen] for a case of pelvic peritonitis. We had to finish the operation using a torch. It was very hard.” Dr Franck Arnaud Ndorukwigira, doctor and deputy director at Gitega regional hospital in Burundi, has unpleasant memories from the time when the facility had to rely on diesel generators for […]