insert_link APO International Digital wallets as an enabler for financial services in Africa (By Juan Seco) Juan Seco, Chief Growth Officer and East Africa MD of Mukuru (https://www.Mukuru.com). The recent GSMA 2023 State of the Industry Report on Mobile Money (https://apo-opa.co/3OoJzfU) highlights how mobile money has become a mainstream financial tool in many African countries. Since 2022, more than 184 million people across the continent have embraced mobile money. The Sub-Saharan Africa (SSA) region now boasts 763 million registered accounts, nearly half of the 1.6 billion […] todayJanuary 31, 2024 4
insert_link APO International Afrobarometer Chief Executive Officer (CEO) highlights crucial role of data in effective governance “Data is the lighthouse that guides effective governance, offering clarity in policy making, resource allocation, and strategic planning,” Afrobarometer CEO Joseph Asunka (www.Afrobarometer.org) said Monday at the launch of the 2023 Ibrahim Index of African Governance (IIAG) Series Report on the power of data for governance in Accra. The IIAG is a wide-ranging, publicly available data set produced by the Mo Ibrahim Foundation that measures governance performance across Africa. The […] todayJanuary 31, 2024 5
insert_link APO International Indonesia Commits to Expand Development Cooperation in Namibia The Indonesian Ambassador to Namibia, Wisnu Edi Pratignyo, affirmed the strong commitment of the Indonesian Government to strengthen relations with countries in the African region. He conveyed this message during a meeting with the Director of Bilateral Affairs at the Namibian Ministry of Foreign Affairs, Ambassador Sabine-Moller, and the Director of the World Food Program (WFP) of the UN for Namibia, George Fedha, on Monday (29/1). During the meeting, Ambassador […] todayJanuary 31, 2024 4
insert_link APO International Club spending on international transfer fees reaches all-time record in 2023 USD 9.63 billion spent on international transfer fees, an increase of 48.1% compared to 2022, according to Global Transfer Report; 2023 also saw a new all-time high number of transfers with a transfer fee (3,279), 14.7% more than in 2022; Women’s football continues to grow, with international transfers increasing by more than 20% compared to 2022. FIFA has today published the 2023 edition of the Global Transfer Report (https://apo-opa.co/48UUHsP), according to which […] todayJanuary 30, 2024 2
insert_link APO International African Leaders Must Find Ways to Encourage Ongoing Oil and Gas Investments (By Tom Alweendo) By Tom Alweendo, Minister of Mines and Energy, Namibia As the 2023 U.N. Climate Change Conference, the 28th Conference of Parties (COP28) in Dubai drew to a close, the air was thick with determination among the 200 delegates. Acknowledging that the era of fossil fuels was on its last legs, they collectively pledged to hasten its demise. This was heralded as "the beginning of the end" for coal, oil, and […] todayJanuary 30, 2024 2
insert_link APO International Sierra Leone’s President Julius Maada Launches Medium-Term National Development Plan for 2024–2030, Says Democracy Thrives When Supported by Real Development His Excellency President Dr Julius Maada Bio has officially launched the country’s Medium-Term National Development Plan, MTNDP, 2024-2030, titled: “A Transformative Acceleration Agenda for Food Security, Human Capital Development, and Job Creation.” He said the ceremony marked another defining moment in the history of a country with a new plan to set a future of unparalleled prosperity and progress. He referred to the document as a well-thought-out national development plan […] todayJanuary 30, 2024 4
insert_link APO International South Africa: Speaker Highlights Effective Oversight as Cornerstone of Improving Quality of Life National Assembly Speaker, Ms Nosiviwe Mapisa-Nqakula today stressed how crucial effective and qualitative oversight is in ensuring that the people of South Africa receive the quality services they deserve. “If it is to be effective and impact making, oversight will have to be about more than just reporting, but creating systems that allow collaboration and joint monitoring to ensure delivery and results,” she said. The Speaker made the opening remarks […] todayJanuary 30, 2024
insert_link APO International Afreximbank acts as Joint Global Coordinator on Arab Bank for Economic Development in Africa’s (BADEA’s) Inaugural EUR 500M Social Bond The African Export-Import Bank (Afreximbank) (www.Afreximbank.com), is pleased to announce that it has successfully acted as Joint Global Coordinator on the inaugural EUR 500M RegS-only senior unsecured social bond issuance by the Arab Bank for Economic Development in Africa (BADEA) under its newly-established Euro Medium Term Note (EMTN) program listed on the London Stock Exchange. BADEA is a development finance institution established in 1974 by 18 member countries of the […] todayJanuary 30, 2024 2
insert_link APO International Equatorial Guinea and Ghana Accede to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA) The Fund for Export Development in Africa (FEDA), the development impact-focused subsidiary of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced that the Republic of Equatorial Guinea and the Republic of Ghana have recently signed the FEDA Establishment Agreement. This important milestone is the result of several months of cooperation between Afreximbank, FEDA and government officials in Equatorial Guinea and Ghana. As Afreximbank member states, Equatorial Guinea and Ghana have […] todayJanuary 30, 2024 2