APO International

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Background
Congo Energy & Investment Forum (CEIF): Local Expertise Emerges at the Heart of Congo’s Liquefied Natural Gas (LNG) Ambitions

APO International

Congo Energy & Investment Forum (CEIF): Local Expertise Emerges at the Heart of Congo’s Liquefied Natural Gas (LNG) Ambitions

 As the Republic of Congo’s LNG capacity accelerates following its first export in February 2024, African industry leaders have underscored the role of local and regional capability building in sustaining growth, driving domestic utilization and enhancing intra-African trade. Panelists at the “Building Local&Regional Capability” discussion at the Congo Energy&Investment Forum on Wednesday emphasized that the strength of Congo’s LNG sector depends not just on advanced technology and capital, but on […]

today27 March, 2025

Africa Finance Corporation (AFC) Takes Center Stage with Six Prestigious Awards at the Global Banking & Markets Africa Awards 2025

APO International

Africa Finance Corporation (AFC) Takes Center Stage with Six Prestigious Awards at the Global Banking & Markets Africa Awards 2025

 Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has been recognized for its outstanding contributions to Africa’s financial and capital markets with six prestigious awards at the Global Banking&Markets Africa Awards 2025, presented during the Bonds, Loans&ESG Capital Markets Conference in Cape Town. These accolades underscore AFC’s pivotal role in landmark transactions that drive sustainable development and economic growth across the region. Award-Winning Transactions: Quasi-Sovereign/GRE Treasury&Funding Team […]

today27 March, 2025

United Nations Mission in South Sudan (UNMISS) calls for immediate recommitment to peace at pivotal moment for South Sudan

APO International

United Nations Mission in South Sudan (UNMISS) calls for immediate recommitment to peace at pivotal moment for South Sudan

 Following reports tonight of the detention of First Vice President, Dr. Riek Machar, the United Nations Mission in South Sudan, calls on all Parties to exercise restraint and uphold the Revitalized Peace Agreement. “Tonight, the country’s leaders stand on the brink of relapsing into widespread conflict or taking the country forward towards peace, recovery and democracy in the spirit of the consensus that was reached in 2018 when they signed […]

today27 March, 2025

Government seeks tax exemptions to Bujagali, local start ups

APO International

Government seeks tax exemptions to Bujagali, local start ups

 Government has proposed yet another tax exemption to Bujagali hydro power project that will see the power producer relieved of the burden up to 30 June 2032.   The proposal is contained in the Income Tax (Amendment) Bill, 2025 that was tabled for its first reading by the Minister of State, Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi. The Bill was tabled during plenary sitting, chaired by […]

today27 March, 2025

Uganda: Government Tables Shs4.8 Trillion Supplementary Appropriation Bill

APO International

Uganda: Government Tables Shs4.8 Trillion Supplementary Appropriation Bill

 Government has tabled before Parliament the Supplementary Appropriation Bill, 2025, aimed at allocating up to Shs4.8 trillion to critical priorities including defence, security and infrastructure. The Minister of State for Finance, Planning, and Economic Development (General Duties), Henry Musasizi, tabled the Bill on behalf of government during a plenary sitting chaired by Deputy Speaker Thomas Tayebwa on Thursday, 27 March 2025. According to the breakdown, the biggest portion of the […]

today27 March, 2025

Govt revises UMEME buyout to US$118 million

APO International

Govt revises UMEME buyout to US$118 million

 Government has revised the loan request to buy out electricity distribution company, UMEME, from over US$190 million, to over US$118 million. This was contained in the Special Audit Report for the end of lease and assignment between UMEME Limited and Uganda Electricity Distribution Company Limited (UEDCL) that was adopted during plenary sitting on Thursday, 27 March 2025. The report was tabled by the Minister of State for Finance, Planning and […]

today27 March, 2025

Aid cuts disrupt education for 1.8 million children supported by Save the Children

APO International

Aid cuts disrupt education for 1.8 million children supported by Save the Children

 More than 1.8 million children will miss out on learning due to aid cuts impacting Save the Children’s education programmes in over 20 countries from the Democratic Republic of Congo to Syria to Tanzania. In Tanzania, more than 50,000 children face having their education disrupted or completely stopped due to aid cuts, with one headteacher in a refugee camp in the country’s north-west saying this was having "heartbreaking consequences" for […]

today27 March, 2025

Turkish Cooperation and Coordination Agency (TİKA) Shares the Joy of Ramadan with Orphans in Togo

APO International

Turkish Cooperation and Coordination Agency (TİKA) Shares the Joy of Ramadan with Orphans in Togo

 In Togo, a West African country where a significant portion of the population is Muslim, Ramadan events serve as essential gatherings that foster social solidarity. Orphaned children, in particular, eagerly anticipate these events, as they provide a sense of belonging and joy through shared experiences of unity and support. As part of this initiative, TİKA organized a “Joint Iftar and Solidarity Program with Orphans” in the capital, Lomé, in cooperation […]

today27 March, 2025

Africa Energy Bank Gears Up for H1 2025 Launch

APO International

Africa Energy Bank Gears Up for H1 2025 Launch

 Ahead of its H1 2025 launch, the Africa Energy Bank – developed jointly by Afreximbank and the African Petroleum Producers Organization (APPO) – is positioning itself to tackle major challenges in financing, technology and market reliability to accelerate Africa’s oil and gas sector development. Speaking at the Congo Energy&Investment Forum in Brazzaville, Dr. Omar Farouk Ibrahim, Secretary General of APPO, reaffirmed the launch timeframe and underscored the urgency of establishing […]

today27 March, 2025