[[{"value":"Verdant Capital (www.Verdant-Cap.com) is pleased to announce that it has acted as financial advisor and arranger of a USD 8 million senior unsecured debt funding for US Plus Limited (“UsPlus”), a fast-growing specialist small- and medium-sized enterprise (“SME”) financing firm based in South Africa. The investor in the transaction is the United States International Development Finance Corporation (“DFC”), an agency of the United States Government and a top development finance […]

[[{"value":"United Nations Secretary-General Antonio Guterres is expected to alert the Security Council in the coming days that Sudan has entered a downward spiral of extreme conflict-induced hunger, Human Rights Watch said today. The council should immediately take action, including by adopting targeted sanctions against individuals responsible for obstructing aid access in Darfur. “The Security Council will be formally put on notice that the conflict in Sudan risks spurring the world’s largest hunger crisis,” said Akshaya Kumar, […]

[[{"value":"Across Africa’s proven and promising hydrocarbon basins, independent oil and gas companies are playing a central role in driving exploration and resource monetization while getting large-scale projects off the ground. These companies have been at the forefront of notable developments throughout the continent, with Australia’s Invictus Energy actively exploring the Muzarabani and Cabora Bassa basins in Zimbabwe. Ahead of this year’s African Energy Week (AEW) (https://AECWeek.com) conference and exhibition – […]

[[{"value":"FIFA’s (www.FIFA.com) member associations to be asked to take a united stand against racism in football​; Record investment in football development of USD 2.25 billion expected during 2023-2026 cycle; Five-year hosts of annual U-17 competitions appointed. The FIFA Council has unanimously approved the Annual Report 2023, which confirms the organisation’s exceptionally healthy and sustainable situation, with record investment in football development of USD 2.25 billion earmarked for the entire 2023-2026 cycle as […]

[[{"value":"Kanayo Awani, Executive Vice President, Intra-African Trade Bank at the Africa Export-Import Bank (Afreximbank) (www.Afreximbank.com), has received the African Diaspora Advisory Board (ADAB) Global Woman Award in Washington, D.C., for her work in promoting intra-African trade. In a citation presented at the ceremony, Mrs. Awani was recognised for her dedication, visionary leadership, and remarkable impact in promoting intra-African trade. The Global Woman Award celebrates exceptional women of African descent who […]

[[{"value":"The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is delighted to announce that it has successfully executed its first facility disbursement from its recently-established Caribbean Office in Bridgetown, Barbados. The disbursement is a US $6 million Education Rehabilitation Climate-linked Sovereign Term Loan Facility to the government of St. Lucia through its Ministry of Finance, Economic Development and Youth Economy. The facility is a pilot by Afreximbank for its financing in the Caribbean […]

[[{"value":"Chronic Kidney Disease (CKD) is rapidly becoming a critical concern in Africa, posing significant challenges for public health and healthcare systems. Shedding light on this escalating issue, a recent position paper authored by 13 senior leaders from the African Association of Nephrology, delves into the growing prevalence of CKD in the region. In commemorating World Kidney Day on 14 March 2024, this paper underscores the urgent need for attention and […]

[[{"value":"Ghana is implementing a strategic agenda to rejuvenate its oil and gas sector, aiming to achieve universal access to electricity by 2030 while propelling industrialization. With proven oil reserves of 600 million barrels, gas reserves of 0.8 trillion cubic feet and emerging opportunities in renewable energy, Ghana presents significant investment opportunities for global investors. To showcase the country’s burgeoning prospects to global investors, Hon. Matthew Opoku Prempeh, Ghana’s Minister of […]

[[{"value":"Africa’s burgeoning oil market, accounting for more than 10% of the global oil output, plays a vital role in meeting global energy demand, shaping energy security, and stabilizing the global economy. As the continent expands its oil activities for energy security and economic growth, with a 25% increase in reserves in the past 20 years, cooperation with reliable and well-established partners such as the Oil Petroleum Exporting Countries (OPEC) is […]