Heads of State and Government at the UN General Assembly warn that funding for malaria must be increased if we are to prevent one of world’s oldest deadly diseases from resurging in the next five years Ahead of the Global Fund Replenishment next year, Heads of State and Government gathering at the United Nations General […] More
Namibia’s upstream oil and gas sector has become a focus of intense interest in recent years. The Orange Basin, off the country’s west coast, captured the energy sector’s imagination in 2022, when Shell and TotalEnergies announced the discovery of light oil and natural gas there, in the Graff and Jonker fields. In 2023, Galp joined the […] More
This marks the second large scale housing finance transaction in Africa led by Standard Bank Group Limited and MiDA Advisors within the past two years, securing around $500 million in total capital raise. Today, a member of the Standard Bank Group Limited – Stanbic IBTC Capital -and MiDA Advisors join Nigeria Mortgage Refinance Company (NMRC), […] More
After four years of supporting farmer training, Trees for the Future (TREES), in partnership with Catona Climate, is proud to announce the graduation of over 1,300 farmers from its transformative United Nations-recognized Forest Garden Program in Homa Bay, Kenya. Part of an innovative agroforestry project that will remove atmospheric carbon dioxide through gains in tree biomass and […] More
With Africa facing increasing climate impacts, closing the disaster risk insurance gap has become more critical than ever, as revealed at the recent African Risk Capacity (ARC) Ltd.’s Members’ Retreat. Held at the Park Plaza Westminster Bridge Hotel in London, the event brought together ARC Ltd. staff, members, partners, and other stakeholders to discuss challenges […] More
The Manufacturing Indaba 2024 stands as the premier platform for Africa’s manufacturing sector, designed to bring together industry leaders, innovators, and decision-makers from across the continent and beyond. Scheduled for 22 – 23 October 2024 at the Sandton Convention Centre in Johannesburg, this influential event serves as a focal point for companies to engage in key discussions, explore new opportunities, and showcase their […] More
In a significant milestone for the Zambia Lobito Rail Project, Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has signed concession agreements with the governments of Angola and Zambia for the financing, construction, ownership and operation of the transformational railway project. The agreements, which were signed yesterday in a ceremonial signing hosted […] More
A landmark AED 500 million syndicated loan was concluded for the Eastern and Southern African Trade and Development Bank by Mashreq, a leading financial institution in the MENA region. The facility marks TDB’s first ever AED denominated syndicated loan deal. Mashreq acted as Sole Coordinator, Initial Mandated Lead Arranger, Bookrunner, and Facility Agent for the debut […] More
Mozambique is emerging as a key player in the global energy landscape, with a rich reserve of natural resources, including natural gas and renewables. As the world shifts towards cleaner and more sustainable energy, Mozambique is positioning itself at the centre of this transformation, ensuring its energy projects are both ready and fully implemented to […] More
The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $67.3 million to Madagascar on 20 September 2024 to implement the first phase of its economic growth-inducing Financial Management and Resilience Support Programme for 2024-2025. The loan from the African Development Fund, the Bank Group’s concessional financing window, includes funding […] More
After three (3) consecutive years in Botswana, the 7th Africa Tourism Leadership Forum (ATLF) & Awards (www.tourismleadershipforum.africa) held at The Grand Palm Hotel Casino Convention Resort in Gaborone, Botswana, from the 3rd to the 6th of September 2024 concluded with resounding success. Themed “Charting a new path forward for Intra-Africa travel, tourism & investments,” ATLF […] More
A series of murals have been unveiled in major cities around the world carrying a similar message: persons with disabilities must not be left behind in the fight to end global poverty. The colourful artworks, located in New York, USA; Homa Bay, Kenya; Abuja, Nigeria; and Dakar, Senegal have been created by the international development […] More
Tomiwa Aladekomo, CEO of Big Cabal Media, the powerhouse behind one of Africa’s leading tech publications, TechCabal, shares insights on his company’s ambitious plans for the upcoming Moonshot by TechCabal 2024 conference. In this candid conversation, we explore the significance of the event in shaping the African tech ecosystem and the need for African tech […] More
Paramount, the global aerospace and defence technology company, today announced the delivery of its Maatla 4×4 Light Protected Multi-Mission Border Patrol Vehicle to its partners, the Ghanaian Ministry of Interior, during the African Aerospace and Defence Expo (AAD 2024) in Tshwane, South Africa. The introduction of the Maatla LPV, meaning “Power” in Setswana, aligns with […] More
Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% CAGR between 2020 […] More
With a new bid round in preparation, Angola is gearing up to attract investment to its greenfield projects, while simultaneously maximizing production from mature fields. At the African Energy Week (AEW): Invest in African Energy 2024 conference, the Energy Finance Summit will feature a dedicated session on “Financing Angolan Energies,” exploring how Angola can secure […] More
