The African Development Bank Group (www.AfDB.org) and the Japan International Cooperation Agency (JICA) have signed a landmark 51.67 billion Japanese yen (US$421 million) concessional donor loan (CDL) agreement towards the African Development Fund.   The loan, pledged by the Japanese government at the 16th general replenishment of the resources of the African Development Fund in December 2022, will support much-needed development in Africa's least developed and fragile countries. The country is […]

 The African Development Bank (www.AfDB.org) and the Government of Japan recently concluded a joint visit to two projects funded by the Fund for African Private Sector Assistance (https://apo-opa.co/4dOF0oP) (FAPA) in Ghana to assess their impact on stimulating the growth of small businesses and boosting private sector development. The Japanese delegation led by Japan’s Deputy Vice Minister of Finance for International Affairs, Mr. Daiho Fujii, together with the African Development Bank's […]

 International oil and gas service company Kontinental Energy Services (KES) and U.S.-based upstream company Gulfstream Services will participate as Bronze Exhibitors at this year’s African Energy Week (AEW): Invest in African Energy 2024 conference in Cape Town this November. Operating in key African oil and gas markets, KES and Gulfstream Services will leverage the AEW: Invest in African Energy 2024 platform to showcase their specialized expertise, advice and solutions to […]

 International executive search firm Preng&Associates has joined the African Energy Week (AEW): Invest in African Energy 2024 conference as an Associate Sponsor. In this capacity, Preng&Associates will support industry engagement as companies and stakeholders convene in Cape Town to discuss the future of Africa’s energy industry.   As the African energy market continues to grow with new investments and partnerships driving the sector forward, finding the right talent to lead these […]

 A consultative workshop was conducted in Bangui from September 17-20, 2024, by AU-IBAR and the Central African Republic (CAR) to ensure that their fisheries and aquaculture policies are in accordance with the African Policy Framework and Reform Strategy for Fisheries and Aquaculture in Africa (PFRS). The workshop was designed to evaluate the congruence of CAR's National Agricultural Investment Policy (NAIP) with fisheries and aquaculture strategies, as well as to evaluate […]

 The U.S. government through the Department of State’s Bureau of International Narcotics and Law Enforcement Affairs (INL) sponsored the Special Intervention Squad (SIS) Rank and File eight-week training course, which serves to build capacity of the Nigeria Police Force (NPF) and further SIS goals of ensuring the safety and dignity of Nigerian citizens as it confronts Nigeria’s most pressing and complex security challenges.  The course provided expert trainers on advanced […]

 President Yoweri Kaguta Museveni yesterday 16th October 2024 met and held discussions with Makerere University Professors from the history department at State House, Entebbe. The discussions revolved around African history and heritage. “I was watching some commentaries on the just concluded 62nd Independence Day Anniversary and one Prof. Ndebesa Mwambutsya’s comment caught my attention. He said that…there was no Uganda until the British created it,” President Museveni noted. “This provoked […]

 Integrated energy firm Namibia Energy Corporation (NEC) has joined African Energy Week (AEW): Invest in African Energy 2024 as a silver sponsor, reinforcing its commitment to advancing Africa's energy sector. At AEW: Invest in African Energy 2024, NEC representatives – including President and Co-Founder Marcio Rocha Mello – will showcase the company’s contributions and commitment to Africa’s expanding energy opportunities. With a mandate to set a global benchmark for sustainable […]

 Since May 2023, Nigeria has implemented significant reforms to stabilize its economy, resulting in modest growth, improved fiscal health, and rising foreign exchange reserves. While these measures were necessary to urgently avert a fiscal crisis and place Nigeria on a stronger development path, they have imposed short-term pressures on households and businesses. Launched by the World Bank today, the Nigeria Development Update Report, titled “Staying the Course: Progress Amid Pressing Challenges,” highlights […]