“While I may be the first, I don’t want to be the last.” This comment from Akhona Qengqe launches an inaugural list of female firsts across Africa as International Women’s Day 2024 is celebrated this week. Each of the 53 achievers on KFC Africa’s list – one for each year the company has been in Africa – overcame educational, political, social and financial obstacles. And they often had to break […]

The Federal Republic of Somalia will this morning deposit her instrument of ratification of the Treaty of Accession with the EAC Secretary General this morning making the Horn of Africa country the bloc’s 8th Partner State. A high-level delegation led by Somalia’s Minister of Commerce and Industry, Hon. Jibril Abdirashid Haji Abdi, is in Arusha, Tanzania to deposit the instrument with EAC Secretary General, Hon. (Dr.) Peter Mathuki, at the EAC […]

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been ranked number one in all three categories in the Bloomberg Capital Markets League Tables Report for African Capital Markets. Afreximbank is ranked as number one Mandated Lead Arranger, Bookrunner, and Administrative Agent for Sub-Saharan Africa Borrower Loans. These rankings recognize the Bank’s leadership role in facilitating capital from within and outside of the continent, from a diverse range of investors and stakeholders to fulfill […]

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed several agreements with Uzbekistan, amounting to US$ 715 million, on the sidelines of the Arab Coordination Group meeting, which was held from 4th to 5th March 2024 in Tashkent, Uzbekistan. ITFC has been actively supporting the Government and local banks in Uzbekistan since 2018, with total financing approved for the country […]

The Federal Republic of Somalia has finally joined the East African Community as the bloc’s 8th Partner State after officially depositing her instrument of ratification of the Treaty of Accession with the EAC Secretary General at a ceremony held at the EAC Headquarters in Arusha, Tanzania. Somalia’s Minister of Commerce and Industry, Hon. Jibril Abdirashid Haji Abdi, presented the Horn of Africa nation’s instrument of ratification to the EAC Secretary General, […]

Meeting in Abidjan on 14 February 2024, the Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $117.9 million to the Democratic Republic of Congo to implement the Project to Support Governance and Skills Development in support of the Agriculture Transformation Programme (PTA). The financial support comes from the African Development Fund, the Bank Group's concessional lending window, and includes $78.6 million from the Transition Support Facility […]

Counties will receive an additional KSh46 billion in the 2023/2024 financial year after President William Ruto assented to the County Governments Additional Allocations Bill on Monday at State House, Nairobi. During the signing of the Bill, the President reiterated his government’s readiness to support devolved governments to discharge their mandate. “We are continuously working towards making sure that whenever we have resources, they are shared between the two levels of […]

Turkish Cooperation and Coordination Agency (TİKA) and Albayrak Group held a calligraphy exhibition in Tunisia. Türkiye’s Ambassador to Tunisia, Çağlar Fahri Çakıralp; TİKA’s Coordinator in Tunisia, Ali Fuat Cebeci; Albayrak Media Sales and Marketing General Manager, Abdullah Hanönü; Albayrak Group Corporate Communications Coordinator, Esad Sivri; TVNET Deputy General Director, Serhat İbrahimoğlu, Tunisian officials, Tunisian Arabic Calligraphy Center students and representatives of Turkish institutions working in Tunisia attended the opening of […]

Today, President Abdel Fattah El-Sisi met with Minister of Justice, Counselor Omar Marwan. Spokesman for the Presidency, Counselor Dr. Ahmed Fahmy, said the President was briefed on measures to activate the law regarding the National Alliance for Civil Development Work as well as efforts underway to establish coordination mechanisms within the framework of the law. This aims to deepen the concept of volunteering in civil work, promote humanitarian and community […]