APO International

The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group (https://apo-opa.co/3trS2Yo) (http://www.AfDB.org), has approved a $302.9 million loan co-financing for a multinational power project that will connect 100,000 households across Mauritania and Mali. The Mauritania-Mali 225kV Electricity Interconnection and Solar Power Plant Development Project form part of the Desert to Power (https://apo-opa.co/3ROS5H3) Initiative. The funds comprise $269.6 million for Mauritania and $33.3 […]

The Board of Directors of the African Development Bank Group (www.AfDB.org/en) has approved a $25 million trade finance line of credit facility to the Central Africa Building Society of Zimbabwe, to be used to boost local firms and small and medium-sized enterprises. This facility will enhance foreign currency liquidity support for the building society amidst a tough economic climate in Zimbabwe. The facility will cover some of the trade finance […]

Today, President Abdel Fattah El-Sisi received a phone call from Tunisian President Kais Saied, who congratulated the President on his re-election and stressed Tunisia’s keenness to continue cooperation with Egypt in all fields in light of the distinguished relations between the two countries. President El-Sisi thanked the Tunisian president and stressed Egypt’s keenness to continue working to increase cooperation, coordination and consultation between the two countries, to be commensurate with […]

Home to 39% of global renewable energy potential, Africa’s green energy sector offers lucrative opportunities for foreign companies and developers looking to diversify their portfolios, in line with COP28 commitments. For the Middle East, the African continent offers Gulf countries the ability to establish themselves as renewable energy market leaders, while exercising technical expertise and generating returns on investment.  Africa is only beginning to understand the full potential of its […]

Today, President Abdel Fattah El-Sisi received at Al-Ittihadyiya Palace the 2024 presidential candidates, namely Mr. Hazem Omar, the Head of the People’s Republican Party; Mr. Farid Zahran, the Chairman of the Egyptian Social Democratic Party; and Mr. Abdel-Sanad Yamama, the Head of the Wafd Party. The meeting was also attended by Counselor Mahmoud Fawzy, the Head of the President’s electoral campaign. Spokesman for the Presidency, Counselor Ahmad Fahmy, said the […]

Today, President Abdel Fattah El-Sisi received a phone call from President of the Sovereign Council of the Republic of the Sudan, Lt. General Abdel-Fattah Al-Burhan, who congratulated the President on his win in the presidential election for a new term. The President of Sudan’s Sovereign Council wished Egypt more progress and prosperity, and confirmed Sudan’s keenness on further advancing the brotherly relations between the two countries. President El-Sisi thanked Lt. […]

Some 29,250 babies in Sudan will be born without medical assistance in the next three months, putting them and their mothers at risk of complications that could have lifelong and even fatal consequences, said Save the Children. While an estimated 45,000 babies will be born in the next three months across the entire country, according to the UN, only 35% of the population have access to any form of healthcare. This leaves 65% […]

Over the past two decades, Tanzania has exhibited robust economic growth, surpassing many developing countries, even weathering the COVID-19 pandemic fallouts remarkably well. However, a new World Bank report shows for this trajectory to remain viable, and for Tanzania to reach its full development potential, in the coming years the country will need to switch gears towards a more private sector-driven growth model. According to the newly launched Country Economic Memorandum […]

A Foreign, Commonwealth and Development spokesperson said: The past week has seen an escalation of violence in Gezira State, Sudan, as the Rapid Support Forces (RSF) have advanced towards Wad Medani. The town had been a safe haven for displaced people and an important hub for the delivery of essential humanitarian aid. We urge the RSF to cease their attacks and we condemn reports of the arbitrary arrests of civilians […]