Month: October 2024

 During a recent three-day field visit to central Côte d'Ivoire, Joseph Ribeiro, the African Development Bank’s (www.AfDB.org) Deputy Director General for West Africa, expressed his satisfaction with the progress of two high-impact projects funded by the Bank Group that are set to revolutionize the country’s energy and agricultural landscapes.  Ribeiro’s delegation, comprising Blanche Kiniffo, Programme Officer for Côte d'Ivoire; Adama Moussa, Regional Sector Manager, Power Systems Operations; and project managers […]

 A majority of African countries will take part in the BRICS+ Fashion Summit (https://FashionSummit.org/) in Moscow. The Summit is set to be the largest event in the fashion world, serving as a platform for the exchange of experience between leading industry players from emerging markets. Africa will be represented by delegations from over 30 countries, including South Africa, Ethiopia, Egypt, Algeria, Tanzania, Ghana, Nigeria, Zimbabwe, and others. The Summit held in […]

 Exness (https://apo-opa.co/3ZLGrAZ), one of the world’s largest multi-asset brokers, announced a significant expansion of its Exness Team Pro program, adding four influential traders from the Sub-Saharan Africa (SSA) region. With this strategic move, Exness is taking a significant step towards strengthening its global trading community - where ideas and knowledge are freely shared, empowering individuals to make informed decisions in the markets. Exness Team Pro is more than just a group […]

 Committed to building a transparent and sustainable legal and regulatory landscape in Africa's energy sector, CLG will join African Energy Week (AEW) – scheduled for November 4-8 in Cape Town – as a Legal Partner. CLG is also a Platinum Sponsor of the event. The pan-African legal and business advisory firm will contribute its expertise to discussions on best practices and innovative approaches to navigating the continent’s energy sector challenges […]

 The Board of Directors of the African Development Bank (AfDB) Group (www.AfDB.org) has approved financing of 9.51 million euros to the Comoros for implementation of the Project to Support the Digitization of the Comorian Economy. With a total cost of 22.53 million euros, the Bank’s financing consists of 4.02 million euros provided by the African Development Fund, the Bank’s concessional loan agency, and a further 5.49 million euros provided by […]

 Merck Foundation SONG Awards (www.Merck-Foundation.com) “Diabetes and Hypertension” to raise awareness about prevention and early detection of Diabetes and Hypertension; Last date for Entry Submission: 30th October 2024. Apply now at submit@merck-foundation.com. Merck Foundation, the philanthropic arm of Merck KGaA Germany, in partnership with the First ladies of Africa, who are also the Ambassadors of Merck Foundation More Than a Mother, announced the Call for Applications for their “Diabetes and Hypertension” […]

 The African Development Bank (www.AfDB.org) has made a strategic equity investment of $10 million in Dhamana Guarantee Company, a Nairobi-based provider of guarantees to support sustainable growth enterprises. This follows an anchor investment from the UK-Government-backed Private Infrastructure Development Group through its subsidiary, InfraCo Africa. Dhamana will also receive equity investments from County Pension Fund Financial Services (CPF) (http://apo-opa.co/3TQx7YJ), and technical assistance support from and Financial Sector Deepening Africa (FSD […]

 The African Development Bank Group (www.AfDB.org) and the United States Agency for International Development (USAID) have signed a landmark Regional Development Objective Agreement (RDOAG) to strengthen social and economic development in the Sahel. The signing ceremony was held at the U.S. Embassy in Dakar, Senegal. The agreement, valued at $600 million, reflects a joint commitment to tackling the critical challenges facing the Sahel region, including security threats, political instability, climate […]