APO International

Under the presidency of His Excellency, Prime Minister Amadou BA, and following a successful initial information meeting on November 13, 2023, the Conseil National de l'Entrepreneuriat (CNE) (https://www.CNE-sn.com) is proud to announce its official launch on December 19, 2023 at the Radisson Blu Hotel in Dakar. This new body offers an open and dynamic platform, as an alternative to traditional employers' organizations, and is committed to strengthening Senegal's economic fabric […]

Despite rising food and fuel costs, weakening currencies, climate change effects, security threats, political instability, rolling power cuts, infrastructure limitations, and several economic and social challenges, Africa will be one of the fastest-growing regions in 2024. That’s one of the key findings in the 2024 edition of the Top 100 Business Opportunities in Africa to Watch (https://apo-opa.co/47PmhYd), an annual selection of the continent’s most lucrative business ideas and investment opportunities […]

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). There was an era when Africa and Western pop music were closely linked. Western entertainers spearheaded a number of internationally renowned events to raise awareness about the plight of starving Africans and generate funds for famine relief. In December 1984, the supergroup Band Aid sang about feeding the world, asking “Do They Know it’s Christmas?” Within a year, the group had […]

With COP 28 set to conclude in the coming days, a COP where African countries fiercely defended the role oil and gas plays across the continent, it has become clear that developed nations seem committed to phasing out fossil fuels, advocating for an anti-fossil fuel energy transition that does not take into account the needs of the developing world. If endorsed, this approach would cause detrimental impacts on Africa’s economies, […]

Green and sustainability Sukuk represents a key theme at COP28; Global ESG Sukuk issuance totaled US$8.4 billion in 2022; Growth of total Islamic finance assets by 11% to US$4.5 trillion in 2022; Malaysia, Saudi Arabia, and Indonesia lead Islamic finance development; US$788 billion total global Sukuk outstanding last year; Multiple growth channels to drive Islamic finance industry forward. The Islamic Corporation for the Development of the Private Sector (ICD), the private sector development arm of […]

The African Development Bank Group’s (www.AfDB.org) Board of Directors has approved a $66 million loan to the government of Tanzania for additional equity in Tanzania Agricultural Development Bank (TADB). The financing will enable TADB to strengthen its capital and enhance the structure and effectiveness of financial and non-financial services it offers to entrepreneurs in the agriculture and related value chains. The Tanzania Agricultural Development Bank Phase II project will also […]

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $1 billion guarantee program in collaboration with the UK Foreign Commonwealth and Development Office (FCDO), which will allow the Bank to increase its lending capacity in support of South Africa’s Just Energy Transition (JET). Developed in close collaboration with the government of the Republic of South Africa, the program will support projects aligned with South Africa’s […]

A majority of Africans say that corruption in their country is rising, that their government is failing in its efforts to fight it, and that ordinary citizens risk retaliation if they report corruption to the authorities, Afrobarometer’s (www.Afrobarometer.org) latest Pan-Africa Profile (https://apo-opa.co/41k8N4i) reveals. Download document (1): https://apo-opa.co/3NmOey6 Download document (2): https://apo-opa.co/3RDm193 Released ahead of International Anti-Corruption Day (9 December), the Afrobarometer report is based on nationally representative surveys in 39 African countries. […]

The opening day of HSBC SVNS in Cape Town witnessed the very best of rugby sevens with the top 12 men’s and women’s teams in the world showcasing their talents and feeding off the vibrant energy emanating from the stands at the DHL Stadium. There were fireworks on and off the pitch as the new era of rugby sevens continued to bring the feel good factor at the second round […]