Month: November 2024

 The ECOWAS Commission celebrates African creativity at the 15th edition of the Biennale de Dakar of Contemporary African Art (Dak’Art), organized under the compelling theme “The Wake, l’éveil, le sillage, xall wi.” Taking place from November 7 to December 7, 2024, this prestigious cultural event gathers contemporary artists, art enthusiasts, and cultural stakeholders from across the region, promoting the region’s rich visual arts heritage. The opening ceremony was presided over by the President of […]

  Unprecedented foreign exchange pressures and economic challenges in key African markets impacted earnings and dampens subscriber growth On track to right-size cost base and grow new revenue streams to drive future growth as streaming gains traction at the expense of traditional pay-tv Cost-cutting measures delivered R1.3bn in permanent savings, on track to reach increased full-year target of R2.5 billion Showmax customer base grew 50% YoY as a leading streaming […]

 At COP29 in Azerbaijan, the African Union (AU) and the United Republic of Tanzania will join forces in a high-level side event to make clean cooking a central part of the global climate agenda. The event, “Addressing Clean Cooking Challenges in Africa: A Call for African Leadership,” will take place on 12 November 2024, from 15:30 to 17:00 at the Africa Pavilion Blue Zone, H11. As African countries continue to […]

 Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has facilitated a landmark US$200 million corporate finance facility for the BUA Group, a prominent Nigerian conglomerate spanning food, infrastructure, mining and manufacturing sectors. The facility, provided to BUA Industries Limited by the African Export-Import Bank (Afreximbank), marks the second successful financial advisory mandate that AFC has closed for the BUA Group (BUA), reaffirming its commitment to driving impactful […]

 The President of the Republic of Seychelles, Mr. Wavel Ramkalawan, sent a message of congratulations to H.E. Mr. Navinchandra Ramgoolam, on his election as the new Prime Minister of the Republic of Mauritius. In his message President Ramkalawan, stated “I am pleased to extend my warmest congratulations on your election as the new Prime Minister of the Republic of Mauritius. This mandate from the people of Mauritius is a testament […]

 The Zimbabwe-Zambia (Zim-Zam) Energy Projects Summit will take place from November 18-20, 2024, in Victoria Falls, Zimbabwe, and could not be more timely. With the governments of both countries making innovative structural changes to make energy projects more bankable, appetite for investment is high. This is the opportunity to secure a more sustainable energy future for both Zimbabwe and Zambia. The Zim-Zam Energy Projects Summit will alternate with Zambia bi-annually […]