Month: November 2024

 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 […]

 The Board of Directors of the African Development Bank Group (www.AfDB.org) approved on 5 November a package of $17.97 million to Cameroon and Chad to bolster efforts to stabilise the Lake Chad Basin, a region long plagued by insecurity as well as deeply affected by climate change. The funding, comprising a grant of $11.11 million to Chad and a loan of $6.86 million to Cameroon will come from the African […]

 A potable water project and a newly constructed road have been inaugurated in the Emba-Derho administrative area of the Serejeka sub-zone. The projects, which were completed at a cost of over 6 million Nakfa, were officially inaugurated by Mr. Fesehaye Haile, Governor of the Central Region, on 10 November. Mr. Teklit Berhe, the administrator of the area, stated that the projects include the construction of an 11 km dirt road […]

 Today marks the launch of a transformative initiative as Access Accelerated (www.AccessAccelerated.org) and the World Bank (https://apo-opa.co/3CAxDnS) come together in a new technical partnership, working in close cooperation with Results for Development (R4D) (https://apo-opa.co/411pvY7) to build a coalition of global and local organizations aimed at addressing the critical shortfall in healthcare financing for noncommunicable diseases (NCDs) in low- and middle-income countries (LMICs). The regional Financing Accelerator Network for NCDs (FAN) (https://apo-opa.co/3O66QCK) […]