The African Development Bank Group (www.AfDB.org) and the Lake Chad Basin Commission have signed a Memorandum of Understanding to rehabilitate and restore the Lake Chad Basin. The agreement, signed on the sidelines of the 37th African Union Summit held in Ethiopia, will mobilise financial and technical resources to improve the development and management of water resources, support livelihoods and restore peace in the region. Lake Chad, once considered the sixth-largest […]

An African Development Bank Group (www.AfDB.org) team, led by Senior Vice President Bajabulile Swazi Tshabalala, on 15 February 2024, met with a delegation from Swedfund – the Swedish state development finance institution – led by its CEO, Maria Hakansson. The meeting built on earlier talks to strengthen collaboration between the two institutions to accelerate private sector development and climate action across Africa. Hakaanson headed a mission to the Bank in […]

Azentio Software (“Azentio”) (www.Azentio.com), a Singapore-headquartered technology firm owned by funds advised by Apax Partners (www.Apax.com), has announced that iMAL™ latest version and the company’s industry-leading digital Islamic core banking platform, has successfully completed the annual compliance exercise and received the certification for the year 2024 from the Accounting and Auditing Organization for Islamic Financial Institutions - AAOIFI (https://apo-opa.co/4bJdxFi), the world’s renowned standard-setting body for the Islamic financial services industry. […]

Canon Inc. (Canon-CNA.com) announced today that the company’s interchangeable-lens digital cameras (digital SLR and mirrorless cameras) have maintained the No. 1 share1 of the global market for 21 consecutive years from 2003 to 2023. Canon’s EOS series of interchangeable lens digital cameras are imaging systems based on the basic concept of "Speed, Comfort, and High Image Quality," for which the company has developed proprietary key components, including CMOS image sensors, […]

Under this agreement, the parties undertake to work closely together to offer customers a comprehensive range of competitive financial services, in accordance with local laws, applicable credit policies and the market needs of each country concerned. This range of services includes loans, leasing and financial rental contracts, and the sale of complementary solutions such as insurance products. The collaboration will be based on the will to develop synergies with a […]

The African Development Bank (www.AfDB.org) and the OCP Group signed three loan agreements in Rabat totalling $188 million to help fund the OCP Group’s Green Investment Program supplying clean drinking water to the towns around three new desalinisation plants. The construction of the new modular seawater desalination plants will be funded by the first loan of $150 million from the African Development Bank and the second loan of $18 million from […]

Sitting on an estimated 203 trillion cubic feet of natural gas, Nigeria is on a mission to monetize its gas resources and become a leading LNG exporter to global markets. Its most notable project – the $5-billion Nigeria LNG Train 7 expansion – is set to boost processing capacity by 35% from 22 million tonnes to 30 million tonnes per year. This means higher gas volumes to export to gas-hungry […]

The media and entertainment sectors are undergoing a transformative shift in their approach to representation. While there has been notable progress in showcasing diversity – with policies implemented at both company and national level to ensure different groups are granted the same opportunity in the industry – society is now calling for a shift towards genuine inclusion. By going beyond mere representation to ensure the integration of voices, media companies […]

KJ Moody, a renowned fashion stylist, will speak at the upcoming Global Black Impact Summit (GBIS) (https://apo-opa.co/49DkOEM) in Dubai on February 27. As a force in creative fashion, KJ Moody’s participation adds a unique and vibrant dimension to the summit. His exceptional journey and transformative impact in the world of fashion align seamlessly with GBIS’s commitment to showcasing the multifaceted excellence within the Black community. The Global Black Impact Summit, hosted […]