APO International

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved $17.4 million in grants for Sao Tome and Príncipe to shore up the national budget and enhance public service delivery as part of the economic response to support public finance and energy sector reforms following several external shocks. The government will receive $10.7 million divided evenly over fiscal year 2023 and fiscal year 2024 under the Fiscal […]

In Bujumbura, on 21 November 2023, the Government of Burundi and the African Development Bank (www.AfDB.org) signed two grant agreements totalling $13.15 million to implement Phase 1 of the Water Sector and Climate Resilience Building Support Programme (PASEREC-Phase1). Burundian Minister of Finance, Budget and Economic Planning, Audace Niyonzima, and the Bank's Country Office Manager in Burundi, Pascal Yembiline, signed the agreement. The programme will strengthen Burundi’s resilience to the effects of […]

We commend all parties to the conflict in eastern Democratic Republic of the Congo (DRC) that have shown restraint and reiterate our call for further steps to reduce tensions and demonstrate a commitment to the peaceful resolution of conflict.  In particular, we thank DRC President Felix Tshisekedi and Rwandan President Paul Kagame for their leadership and contributions in this effort. The United States urges all parties to the conflict to […]

Deputy President Paul Mashatile has arrived in Hanoi, the capital of the Socialist Republic of Vietnam to begin the second leg of his first Working Visit to Southeast Asia. The Deputy President began his visit today with a tour of the Mausoleum and home of the late leader of Vietnam, Ho Chi Minh. The Deputy President laid a wreath at the Mausoleum and conveyed a message of support from the […]

HH the Amir Sheikh Tamim bin Hamad Al-Thani received a written message from HE President of the Republic of Djibouti Ismail Omar Guelleh, pertaining to bilateral relations and ways to support and develop them. HE Minister of State for Foreign Affairs Sultan bin Saad Al Muraikhi received the message during his meeting on Wednesday with HE Ambassador of the Republic of Djibouti to Qatar Tayeb Dbd Robleh.Distributed by APO Group […]

The second edition of World Football Summit Asia (https://Asia.WorldFootballSummit.com/) successfully closed its doors in Jeddah, Saudi Arabia, where more than 1,400 attendees from over 70 countries connected to design a more professional and sustainable football industry; WFS Asia was the first event of its kind in the Kingdom of Saudi Arabia, as it brought together some of the greatest minds in sports including representatives from Saudi Arabian sport governing bodies and […]

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/), in collaboration with the Higher School of Commerce (HEC) in Algeria and the Institute of Islamic Economics, Marmara University of Turkey, hosted the sixth edition of the International Forum on Islamic Financial Industry. Titled "The Role of the Islamic Financial Industry in Developing the Third Sector Institutions and Enhancing their Contribution to Achieving Sustainable Development in the Algerian Economy," the forum was held […]

The Confederation of African Football (CAF) has announced Ecobank (https://Ecobank.com/), the leading pan-African banking group, as an Official Sponsor of the TotalEnergies Africa Cup of Nations Côte d’Ivoire 2023. The TotalEnergies CAF Africa Cup of Nations, the biggest event in Africa, will kick off on 13 January 2024 in Côte d’Ivoire. Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “The TotalEnergies CAF AFCON tournament highlights the immense sense of pride […]

The African Development Bank Group (www.AfDB.org) and The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a multilateral credit and political risk insurer and a member of the IsDB Group, have signed a strategic risk sharing engagement aimed at fostering sustainable development in Côte d’Ivoire. In this landmark collaboration, ICIEC has provided an insurance capacity of EUR 194 million, backstopping the EUR 400 million Partial Credit Guarantee […]