insert_link APO International Afreximbank successfully prices its inaugural Samurai bonds, raising JPY81.3 billion (about USD 530 million equivalent) comprising JPY 67.2 billion 5 regular tranches and JPY 14.1 billion 3-year Retail Samurai (“The Transaction”) African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully priced its debut Samurai bond, securing a regular 5 tranche JPY 67.2 billion consisting of 2-year, 3-year, 5-year, 7-year and 10-year fixed rate tranches. Concurrently, the Bank launched its inaugural Retail Samurai bond with a 3-year fixed-rated tranche valued at JPY 14.1 billion. The bonds are rated ‘A-’ by Japan Credit Rating Agency, Ltd. SMBC Nikko Securities Inc. (“SMBC Nikko”) was the sole […] todayNovember 14, 2024 15
insert_link APO International Symposium of Episcopal Conferences of Africa and Madagascar (SECAM) urges African leaders and the international community to fulfill their commitments to climate justice The Justice, Peace, and Development Commission of SECAM (www.SECAM.org), in collaboration with its Environment and Climate Change Working Group, is urging African leaders and the international community to prioritise public investment, improve energy infrastructure, and fulfill their commitments to climate justice and funding. These actions are vital for meeting the goals of tripling renewable energy and doubling energy efficiency by 2030. As COP29 takes place in Baku, Azerbaijan, from November […] todayNovember 14, 2024 5
insert_link APO International Liquid C2 builds on strategic partnership with Cloudflare to introduce enhanced cyber security solutions Liquid C2, a business unit of Cassava Technologies has further solidified its strategic partnership with Cloudflare. The latter has appointed Liquid C2 as the first distributor of their new range of cyber security products in South Africa, a testament to Liquid C2 expertise and trustworthiness in the industry. In addition to South Africa, the company will make the solutions available to its partners in Namibia, Zimbabwe and Zambia. With the […] todayNovember 14, 2024 8
insert_link APO International Afreximbank President Prof. Benedict Oramah awarded 2024 Medal of Glory for visionary leadership Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has received the 2024 Medal of Glory award presented by the AGOA Civil Society Organization Network in Miami, United States. Presented during the 25th Annual U.S.-Africa Trade and Investment Conference/Expo (AfriCANDO 2024), the award recognised Prof. Oramah’s ‘immeasurable contributions to Africa’s post COVID-19 recovery, his invaluable efforts in providing financial assistance to […] todayNovember 14, 2024 6
insert_link APO International Over $370 million secured in Engineering, Procurement, and Construction deals at Afreximbank’s Lagos workshop During the recently held African Export-Import Bank (Afreximbank) (www.Afreximbank.com) Intra-African Engineering, Procurement and Construction (EPC) workshop in Lagos participants formalised business deals totalling over US$370 million, a significant step towards empowering African contractors. The deals, signed during the workshop held in Lagos on 28 October, included a US$300-million Global facility agreement to Hassan Allam of Egypt, a US$45-million term sheet to Pavifort Construction of Sierra Leone and a US$25-million term […] todayNovember 14, 2024 4
insert_link APO International Speech Delivered by Dr. Akinwumi A. Adesina, President and Chairman, Boards of Directors, African Development Bank Group at the High-Level Event, 29th Conference of the Parties (COP 29) “Measuring the Green Wealth of Nations: Natural Capital and Economic Productivity in Africa” Your Excellency, President Sassou Nguesso, President of the Republic of Congo Your Excellencies, Heads of State and Government Your Excellencies, Vice Presidents, Prime Ministers Your Excellencies, ladies and gentlemen. I wish to thank you all for taking the time to be here today for the Heads of State High-Level Dialogue on “Measuring the Green Wealth of Africa”. I applaud H.E. President Sassou Nguesso, the President of the Republic of Congo […] todayNovember 14, 2024 7
insert_link APO International Merck Foundation marks World Diabetes Day 2024 with First Ladies of Africa by providing 830 Scholarships in Diabetes, Endocrinology, Preventative Cardiovascular for doctors from 52 countries Merck Foundation (www.Merck-Foundation.com) in partnership with African First Ladies and Ministries of Health and Medical Societies provided out of total 2080 Scholarships, 830 Scholarships of one-year Post-Graduate Diploma and two-year Master Degree in Preventative Cardiovascular Medicine, Cardiology, Diabetes, Endocrinology and Obesity and Weight Management to doctors from 52 countries in Africa, Asia and Latin America. Merck Foundation, the philanthropic arm of Merck KGaA Germany, marks ‘World Diabetes Day 2024’ together with Africa’s […] todayNovember 14, 2024 6
insert_link APO International The Critical Minerals Africa Group (CMAG) Launched to Unlock Africa’s Critical Minerals Potential Global leaders in the critical minerals industry have today launched the Critical Minerals Africa Group (CMAG) (www.CMAGAfrica.com) to foster deeper relationships between Africa and global markets, empower companies operating in Africa’s critical minerals space, and thereby unlock Africa’s full critical minerals potential. Sub-Saharan Africa is believed to be home to approximately 30% of the volume of proven critical minerals reserves globally. The International Energy Agency (IEA) predicts that, as markets […] todayNovember 14, 2024 7
insert_link APO International Sierra Leone’s President Julius Maada Bio Receives Roadmap to 13-Year Land Dispute in Sahn Malen Chiefdom His Excellency President Dr. Julius Maada Bio has received a comprehensive report outlining a roadmap for sustainable peace in the long-standing conflict between the landowners of Sahn Malen Chiefdom and Socfin Agricultural Company. The dispute, which has persisted for over thirteen years, dates back to the company’s 2010 acquisition of the Sierra Leone Produce Marketing Board (SLPMB) plantation. President Bio thanked committee members for their dedication and commitment to achieving […] todayNovember 14, 2024 3