insert_link APO International West African Development Bank and Africa Finance Corporation form strategic partnership to drive economic development Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, and the West African Development Bank (BOAD), a regional financial institution mandated to drive economic unity and advancement in West Africa, yesterday announced a strategic Memorandum of Understanding (MoU), solidifying their joint commitment to promote infrastructure and economic progress across Western African states. Signed on the sidelines of the ongoing 28th United Nations Climate Change Conference (COP28), the MoU […] todayDecember 2, 2023
insert_link APO International National Basketball Association (NBA) Africa, Stanbic Bank and Luol Deng Foundation to Launch First Jr. NBA League in South Sudan in Early 2024 NBA Africa (www.NBA.com), Stanbic Bank and the Luol Deng Foundation today announced that the first Jr. NBA League in South Sudan will tip off in early 2024 and reach 450 boys and girls ages 16 and under from Juba during the league’s first season. To celebrate the announcement, NBA Africa and Stanbic Bank today unveiled a new basketball court at St. Mark’s Orthodox School in Munuki, Juba, which tomorrow will […] todayDecember 2, 2023
insert_link APO International FIFA Foundation uses football to spread awareness in Indonesia on World AIDS Day World AIDS Day is held annually on 1 December; A friendly match was held in Bandung, Indonesia as part of the Indonesia Without Stigma campaign; Supported by FIFA Foundation (www.FIFA.com), Rumah Cemara uses football to increase awareness about AIDS. On the eve of the FIFA U-17 World Cup Indonesia 2023™ Final, and to recognise World AIDS Day, the FIFA Foundation has joined forces with Perkumpulan Rumah Cemara to organise a […] todayDecember 2, 2023
insert_link APO International Intra-African Trade Fair (IATF2023) exceeds targets with recorded deals worth up to US$43.8 billion African Export-Import Bank (Afreximbank) (www.Afreximbank.com) announces that the third Intra-African Trade Fair (IATF2023) held in Cairo from 9 to 15 November witnessed the conclusion of business deals and transactions valued at US$43.8 billion. In final tallies released in Cairo, the organisers of the continental event said that the amount represented the value of 426 deals concluded in 21 sectors covering 52 countries. At a press conference to announce the results, […] todayDecember 2, 2023
insert_link APO International Senegal: African Development Bank loans over EUR 74 million to strengthen internal resource mobilization and support industrial activities The Board of Directors of the African Development Bank Group (www.AfDB.org) granted a loan of EUR 74.5 million to Senegal in Abidjan on 1 December 2023 to support the implementation of the first phase of the Resource Mobilization and Industrial Development Support Programme (PAMRDI-I). The programme has a number of objectives: expanding the tax base, improving the efficiency of tax control and collection, making the country more attractive to private […] todayDecember 1, 2023 2
insert_link APO International The Developed World’s Broken Promises: How Can Africa Finance the Energy Transition? (By NJ Ayuk) By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) From an African perspective, one of the most important things to come out of COP15, the 2009 United Nations Climate Change Conference in Copenhagen, was the formal recognition of the fact that lower-income countries were not in a position to bear as much of the cost of the energy transition as their higher-income counterparts. That recognition was spelled out in the […] todayDecember 1, 2023 1
insert_link APO International Uganda: African Development Bank to lend more than $252 million to improve rural transport and facilitate regional integration Meeting on 1 December in Abidjan, the Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $252.83 million to Uganda, to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road. The financial support consists of two loans: $179.68 million from the African Development Bank and $73.15 million from the African Development Fund, the Bank Group's concessional loan window. "The Laropi-Moyo-Afoji/Katuna-Muko-Kamuganguzi road project is intended to improve rural transport […] todayDecember 1, 2023 1
insert_link APO International Tanzania: Bank operations produce results beyond expectations, according to the Tanzania Country Strategy Paper 2021-2025 mid-term review The African Development Bank’s (www.AfDB.org) Country Strategy Paper (CSP) for Tanzania has been implemented over the last two years with the programmed operations during the period producing results that exceed expectations, according to the mid-term review of the CSP 2021-2025 (https://apo-opa.co/3sFaSLg) published on 9 November. The rate of access to drinking water in the project areas in Arusha, which was 60 percent of the population in 2019, is now 81 […] todayDecember 1, 2023 2
insert_link APO International South Africa Visa Application Centre moves to a more spacious and easily accessible location in the Democratic Republic of the Congo Applicants can now submit their visa applications at the new Centre located at Office No 5, 2nd Floor, Hypnose Building, 826 Av. Mama Yemo, Lubumbashi from 29 November 2023. Commenting on the relocation of the Centre, HE Nosicelo D MBELE, Consul General, Consulate-General of the Republic of South Africa said, “On behalf of the Government of the Republic of South Africa, the Consulate-General takes pride in the presence of the […] todayDecember 1, 2023 3