[[{"value":"Representatives from the Kingdom of the Netherlands and the African Development Bank Group (www.AfDB.org) this week discussed further details of the Dutch government’s recent $27 million financial commitment to the Africa Disaster Risk Financing Program Multi-Donor Trust Fund. With this commitment, signed earlier this month, the Netherlands becomes the sixth contributor to the Fund, operated by the Bank Group to boost Africa’s resilience and responsiveness to climate shocks. The Africa […]

[[{"value":"Multinational commodity trader Trafigura will participate at the Angola Oil&Gas (AOG) 2024 conference – scheduled for October 2-3 in Luanda – as a gold sponsor. The sponsorship during this year’s event demonstrates the company’s commitment to deploying infrastructure, market expertise and a regional logistics network to support production and distribution in Angola. As a supplier of commodities, Trafigura responsibly connects producers and consumers of minerals, metals and energy through the […]

[[{"value":"The African Development Bank Group (www.AfDB.org) Vice President for Agriculture, Human and Social Development joined finance ministers and representatives from Comoros, Djibouti, Somalia and South Sudan for the signing agreement for a $35 million project to build resilience and responses to climate shocks. The signings took place on the sidelines of the Bank’s 2024 Annual Meetings in Nairobi. The Bank’s Board of Directors approved the Multi-National Climate Disaster Risk Financing […]

[[{"value":"In 2023, approvals for climate finance registered a substantial increase over the previous year, reaching $5.8 billion, representing 55% of total approvals; Bank achieves strong net income- UA 1,729.89 million. Download document (1): https://apo-opa.co/3VtjUFB Download document (2): https://apo-opa.co/3VblGel Download document (3): https://apo-opa.co/3VblHyV The African Development Bank Group released its Annual Report for 2023 on Wednesday, painting a picture of improved financial performance and robust support to its member countries across Africa. The critical […]

[[{"value":"A Kampala-based commercial bank with a “mission critical focus” to provide financial services to vulnerable women entrepreneurs has been named the “AFAWA Bank of the Year” at the African Banker Awards. Centenary Rural and Development Bank picked up the honor named after African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) (https://apo-opa.co/3Kt8IUg) initiative at the awards ceremony held during the African Development Bank’s Annual Meetings underway in Nairobi, Kenya. […]

[[{"value":"Representing the biggest gathering of energy stakeholders on the continent, Africa’s premier energy event – the African Energy Week (AEW): Invest in African Energy conference – will host a dedicated Upstream E&P forum to showcase licenses and active assets to global investors and industry leaders. The forum serves as the principal platform to connect investors and project developers with available acreage. The forum will feature private sector executives, ministers and […]

[[{"value":"From the 29th to the 31st of May 2024, GITEX Africa (www.GITEXAfrica.com) took place in Marrakech, and tech enthusiasts from all over the continent gathered to platform their latest technology updates in their respective fields. The VITRONIC Machine Vision Middle East team participated for the second consecutive year in showcasing their latest traffic technology solutions to tackle the ever-challenging phenomena of road-related fatalities. VITRONIC Middle East was honored to be […]

[[{"value":" straitPay, a pioneering neobanking company dedicated to transforming financial transactions in Africa, successfully participated as an exhibitor at GITEX AFRICA 2024 (https://GITEXAfrica.com). During the event, straitPay showcased its latest innovative product, straitPay for Business, designed to empower small and medium-sized enterprises (SMEs) across Africa. Download Document 1: https://apo-opa.co/3RaY48e Download Document 2: https://apo-opa.co/3KqpYt8 GITEX AFRICA 2024, held on May 29, 2024, brought together industry leaders, innovators, and decision-makers from around the globe. […]

[[{"value":"Continental group the African Petroleum Producers Organization (APPO), in collaboration with multilateral financial institution the African Export-Import Bank (Afreximbank) has signed the requisite documents for the establishment of the Africa Energy Bank – an institution set up to facilitate, promote and finance the development of oil, gas and energy industries in Africa. The signing ceremony was held in Cairo on Monday June 3 and marked the official creation of the […]