insert_link APO International CORRECTION: The African Development Bank appoints Yacine Fal as Special Representative of the President to the Africa Investment Forum African Development Bank Group (www.AfDB.org) President Dr. Akinwumi Adesina has appointed Yacine Fal as his Special Representative to the Africa Investment Forum, effective December 15, 2023. The Africa Investment Forum was launched in 2018 to leverage the collective resources of its co-founders and reduce the continent’s infrastructure investment gap. Its founding partners are the African Development Bank Group, Africa50, Afreximbank, the Africa Finance Corporation, the Development Bank of Southern Africa, […] todayDecember 12, 2023
insert_link APO International Afrobarometer inaugural presence at Conference of the Parties (COP28) amplifies African voices on climate change and spurs climate action collaboration Afrobarometer (https://www.Afrobarometer.org) delivered African citizens’ demand for urgent climate action to the 2023 UN Climate Change Conference (COP28) last week, underscoring the commitment of the continent’s leading survey research organisation to integrating African perspectives into the global climate discourse. Speaking to key climate change stakeholders gathered in Dubai, Afrobarometer Director of Communications Nafissatou Diouf and Knowledge Manager Josephine Sanny shared recent survey findings showing widespread concern and support for climate […] todayDecember 12, 2023 1
insert_link APO International Islamic Development Bank Institute (IsDBI) and Bahrain Institute of Banking and Finance (BIBF) Agree on Strategic Collaboration for Islamic Finance Capacity Development The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org), the knowledge beacon of the IsDB Group, and the Bahrain Institute of Banking and Finance (BIBF), the leading training and development provider in the region, signed a strategic partnership agreement to collaborate for Islamic finance capacity development. The agreement was signed on the sidelines of the AAOIFI-IsDB Islamic Banking and Finance Conference, held in Bahrain on 28-29 November 2023. Representing the BIBF in […] todayDecember 12, 2023 1
insert_link APO International The African Development Bank appoints Yacine Fal as Special Representative of the President to the Africa Investment Forum African Development Bank Group (http://www.AfDB.org) President Dr. Akinwumi Adesina has appointed Yacine Fal as his Special Representative to the Africa Investment Forum, effective December 15, 2023. The Africa Investment Forum was launched in 2018 to leverage the collective resources of its co-founders and reduce the continent’s infrastructure investment gap. Its founding partners are the African Development Bank Group, Africa50, Afreximbank, the Africa Finance Corporation, the Development Bank of Southern Africa, […] todayDecember 12, 2023
insert_link APO International Food insecurity and malnutrition reach new highs in West and Central Africa as funding to address acute needs dwindles Despite considerable efforts by governments and partners, food insecurity continues to worsen in West and Central Africa with the number of hungry people set to reach a staggering 49.5 million people between June and August 2024 – a four percent increase compared to 2023, according to a regional food security analysis released today. The trend is particularly worrying in coastal countries, where the number of women, men, and children facing […] todayDecember 12, 2023
insert_link APO International International Monetary Fund (IMF) Executive Board Concludes the Third Review of the Extended Credit Facility Arrangement and Approves US$31.45 Million under the Resilience and Sustainability Facility for Cabo Verde The IMF Executive Board completed the third review under the 36-month Extended Credit Facility (ECF) arrangement with Cabo Verde, providing the country with access to SDR 4.5 million (about US$6 million), and approved an 18-month arrangement under the Resilience and Sustainability Facility (RSF), in the amount of 100 percent of quota (SDR 23.69 million, about US$31.45 million); Performance under the economic reform program is strong, and the authorities are taking […] todayDecember 12, 2023
insert_link APO International Top 4 Highlights from the Invest in African Energy (IAE) Forum in Paris 2023 The first edition of Invest in African Energy (IAE) in Paris, organized last June, successfully catalyzed European interest in Africa’s burgeoning energy sector. The forum united thought leaders, government officials, key stakeholders and industry representatives from both continents and came on the heels of three European receptions that took place in London, Oslo and Frankfurt. In anticipation of IAE 2024 taking place in Paris next May, below are the top […] todayDecember 12, 2023 1
insert_link APO International Islamic Development Bank Institute’s Smart Stabilization System Patent Application Earns Favorable Assessment from World Intellectual Property Organization The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to receive a positive evaluation from the World Intellectual Property Organization (WIPO) regarding the patentability of its groundbreaking Smart Stabilization System. WIPO has acknowledged the Stabilization System as a novel, inventive, and industrially applicable solution, signaling its significant potential for international patent recognition. This favorable evaluation underscores the distinctive and innovative nature of IsDBI's knowledge solutions. The primary objective of the Smart […] todayDecember 12, 2023 5
insert_link APO International At the 28th Conference of the Parties (COP28), Huawei Executive Says Carbon Neutrality Will Trigger Revolutionary Change A senior Huawei (https://e.Huawei.com) executive says the integration of the digital and energy worlds will improve energy efficiency and resource allocation worldwide. Addressing a session of the Global Innovation Hub (UGIH) of the United Nations Framework Convention on Climate Change (UNFCCC) at the 28th Conference of the Parties (COP28), hosted by the UAE, Charles Yang, Senior Vice President at Huawei, said opportunities brought about by carbon neutrality will trigger revolutionary […] todayDecember 12, 2023 6