Month: November 2024

 The African Development Bank Group (www.AfDB.org) and the Systematic Observations Financing Facility (SOFF), a United Nations Multi-Partner Trust Fund, today signed a letter of intent to strengthen collaboration on the provision of early warning systems in the continent’s most vulnerable countries. The agreement, signed on the margins of the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 29) in Baku, […]

 Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has successfully closed a US$300 million India-focused syndicated loan, marking a significant milestone in its ongoing strategy to diversify its international investor base. The transaction introduced a new group of lenders from India, further expanding AFC’s global partnerships. This landmark transaction, commemorated in Dubai, underscores AFC's robust standing as an investment-grade rated development financial institution with a unique ability […]

 In a major step to address Africa's climate finance gap, the African Development Bank Group (www.AfDB.org) has launched a new funding call  that will transform the development of climate projects across 37 low-income African countries. With an initial allocation of $56 million, the Climate Action Window (CAW) Technical Assistance Facility, launched at COP29 in Baku, Azerbaijan, will support the preparation, financing, and implementation of adaptation and mitigation projects aligned with […]

 The U.S. Mission to South Africa, in partnership with the Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org), is proud to announce the 2024 Academy for Women Entrepreneurs (AWE) Southern Africa Regional Alumnae Summit. This highly anticipated 3-day event will take place at the University of Pretoria (UP) Future Africa Campus (FAC), Pretoria, South Africa, from November 20th to 22nd, 2024, during Global Entrepreneurship Week. The AWE Regional Alumnae Summit brings […]

 A recent survey (https://apo-opa.co/3UYxSQ5) by cybersecurity firm KnowBe4 (www.KnowBe4.com) has uncovered a concerning gap in security practices between small and large businesses. The study, which polled 2,600 IT professionals, found that 62% of small and medium-sized enterprises (SMEs) do not use multi-factor authentication (MFA), compared to only 38% of large corporations. This disparity in cybersecurity measures comes as cyber threats are more prevalent than ever. With SMEs increasingly becoming targets for […]

 TelCables Nigeria’s Chief Executive Officer, Fernando Fernandes, has been honoured as one of the 100 Leading Telecoms&Digital Economy Personalities in Nigeria by the Association of Telecommunication Companies of Nigeria (ATCON). This prestigious recognition will be unveiled in ATCON’s flagship publication, 100 Leading Telecoms&Digital Economy Personalities in Nigeria, which will be launched at ATCON’s 31st Anniversary event on 6 December 2024 in Lagos. The ATCON book, first launched in 2018, highlights […]