APO International

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The International Islamic Trade Finance Corporation (ITFC) Signs US$ 20 Million Line of Financing Agreement with Trustbank in Uzbekistan

APO International

The International Islamic Trade Finance Corporation (ITFC) Signs US$ 20 Million Line of Financing Agreement with Trustbank in Uzbekistan

 The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org/), a member of the Islamic Development Bank (IsDB) Group, signed a US$20 million Line of Trade Financing Agreement with Trustbank in Uzbekistan under the Murabaha structure. This agreement aims to bolster trade finance accessibility for SMEs, women entrepreneurs, green financing initiatives, and food security aimed at reinforcing Uzbekistan’s economic resilience. Under this facility, import and pre-export financing will be available to private-sector […]

today24 March, 2025

World Water Day 2025: Preserving Africa’s Water Resources (By Mtchera Johannes Chirwa and Anthony Nyong)

APO International

World Water Day 2025: Preserving Africa’s Water Resources (By Mtchera Johannes Chirwa and Anthony Nyong)

 By Mtchera Johannes Chirwa, Director for Water Development and Sanitation, and Anthony Nyong, Director for Climate Change and Green Growth, African Development Bank Group (www.AfDB.org). Each year, World Water Day highlights the pressing challenges surrounding global water resources and the actions needed to address them. Nowhere is this more critical than in Africa, where nearly 1.4 billion people live, a number expected to rise to 2.5 billion by 2050. On […]

today24 March, 2025

Afreximbank Acts as Joint Global Coordinator on Arab Bank for Economic Development in Africa (BADEA)’s second EUR 750mn Senior Eurobond due 2028

APO International

Afreximbank Acts as Joint Global Coordinator on Arab Bank for Economic Development in Africa (BADEA)’s second EUR 750mn Senior Eurobond due 2028

 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully acted as Joint Global Coordinator and Joint Lead Manager on second EUR 750 million RegS-only senior Eurobond issuance by the Arab Bank for Economic Development in Africa (“BADEA”) due March 2028 under its existing Euro Medium-Term Note (EMTN) programme listed on London Stock Exchange. The bond proceeds will fund general corporate purposes including loan book growth in Sub-Saharan Africa under BADEA’s 9th Strategic […]

today24 March, 2025

Youth Charter celebrates 32 years: A call for greater support for its Community Campus and Sport for Development for Peace

APO International

Youth Charter celebrates 32 years: A call for greater support for its Community Campus and Sport for Development for Peace

 The Youth Charter (www.YouthCharter.org) proudly marks its 32nd anniversary, celebrating over three decades of using sport as a catalyst for social change. As we reflect on our journey, we reaffirm our call for greater support in advancing the Youth Charter Community Campus model—providing safe, inclusive, and transformative spaces where young people from disadvantaged and disaffected communities can thrive through sport, art, culture, and digital engagement.  This milestone comes at a […]

today24 March, 2025

The International Islamic Trade Finance Corporation (ITFC) Signs EUR 40 Million Trade Finance Agreement to Strengthen Comoros’ Energy Security

APO International

The International Islamic Trade Finance Corporation (ITFC) Signs EUR 40 Million Trade Finance Agreement to Strengthen Comoros’ Energy Security

 The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, signed a EUR 40 million trade finance agreement with the Union of Comoros to support the country’s energy sector. In line with the US$330 million three-year Framework Agreement signed in September 2024, this facility will enable Société Comorienne d’Hydrocarbures (SCH), as the executing agency, to import refined petroleum products and liquefied […]

today24 March, 2025

Trinasolar Tackles South Africa’s Power Crisis with Innovative Solar and Storage Solutions at Solar & Storage Live Africa

APO International

Trinasolar Tackles South Africa’s Power Crisis with Innovative Solar and Storage Solutions at Solar & Storage Live Africa

 Trinasolar (www.Trinasolar.com), a global leader in smart PV and energy storage solutions, is proud to announce its participation in the Solar&Storage Live Africa exhibition, taking place at Nasrec, Johannesburg, from 25-27 March 2025. As South Africa grapples with an ongoing energy crisis, Trinasolar is positioning itself as a strategic solution provider, offering cutting-edge technology that supports the transition to a decentralised, resilient energy system. South Africa’s recent return to Stage […]

today24 March, 2025

Webb Valuation: Transforming African Customs and Protecting Revenue (By Arnaud Bouraïma)

APO International

Webb Valuation: Transforming African Customs and Protecting Revenue (By Arnaud Bouraïma)

 By Arnaud Bouraïma, Chief Commercial Officer at Webb Fontaine (www.WebbFontaine.com) As global trade continues to expand, customs administrations all over the world face increasing challenges in collecting accurate revenue and minimising fraud. In Africa, these challenges are particularly acute. Studies show that giving customs inspectors better information can improve fraud detection by 21.7 percentage points and increase tax collection by 5.2 percentage points (https://apo-opa.co/4c54C1C). Webb Fontaine, a leading provider of trade […]

today24 March, 2025

Cassava to upgrade its data centres with NVIDIA supercomputers to drive Africa’s Artificial Intelligence (AI) future

APO International

Cassava to upgrade its data centres with NVIDIA supercomputers to drive Africa’s Artificial Intelligence (AI) future

 Cassava Technologies (www.CassavaTechnologies.com) announced today that it plans to build Africa’s first AI factory — a powerful and super-secure data centre facility powered with NVIDIA AI computing technology. This will give African businesses, governments and researchers access to cutting-edge AI computing capacity — helping them develop smarter AI products, streamline operations and stay competitive in a fast-changing world. It provides the supercomputers and software needed to train AI while keeping […]

today24 March, 2025

The Gift of Water: How the Lesotho Rural Water Supply and Sanitation Project is Transforming Lives

APO International

The Gift of Water: How the Lesotho Rural Water Supply and Sanitation Project is Transforming Lives

 "Water is life; when there is no water, it is as if there are no people living." These profound words from 'Masechefo Sechefo, a Community Councilor at Ha Sekete village, capture the essence of existence in rural Lesotho before the African Development Bank's transformative intervention. In a country where water ironically constitutes 30% of the nation's GDP, many rural Basotho paradoxically lived without access to clean water. This stark contradiction […]

today24 March, 2025