Africa
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AfDB, WFP project boosts wheat production in war-torn Sudan amid soaring hunger
PORT SUDAN, June 22, 2024 – An emergency wheat production project in Sudan financed by the African Development Bank and executed by the United Nations World Food Programme [ WFP] has increased…
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Geopolitical risks continue to loom over central bank FX reserves
LONDON, May 19, 2024 – Two surveys of central bank foreign exchange reserve managers have been published in recent weeks – both of which highlighted that geopolitical risks were now considered to…
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G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa
ABIDJAN, June 18, 2024 – G-7 leaders meeting at their summit in Puglia, Italy have reaffirmed support for multi-billion-dollar infrastructure projects across Africa to realise the continent’s economic potential and transformation. US…
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Oikocredit announces US$ 10mln loan to APC to support SMEs in Africa
NAIROBI June 17, 2024 – Social impact investing cooperative Oikocredit has made a first-time loan of US$ 10 million [€9.3mln] to AfricInvest Private Credit [APC] to augment support for small and medium…
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Draw for TotalEnergies Africa Cup of Nations Morocco 2025 Qualifiers set for July
KAMPALA, June 16, 2024 – The journey to the TotalEnergies CAF Africa Cup of Nations Morocco 2025 will resume with the draw for the Qualifiers on July 4, 2024, in Johannesburg, South…
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Regional bodies sign MoU to implement COMESA Biotechnology Implementation Plan
LUSAKA, June 16, 2024 – The Alliance for Commodity Trade in Eastern and Southern Africa [ACTESA] has signed a memorandum of understanding [MoU] with the Acquisition of Agri-biotech Applications [ISAAA AfriCenter] to…
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Digital Earth Africa announces major advancement in the observation and monitoring of Africa’s waterbodies
JOHANNESBURG, June 16, 2024 – Digital Earth Africa has the launch of its innovative Waterbodies Monitoring Service. This service is a world-first developed in – and for – the African continent. The…
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AfDB launches continental network to spur home-grown solutions to debt challenges
ADDIS ABABA, June 15, 2024 – The African Development Bank’s African Development Institute on Thursday launched the African Debt Managers Initiative Network [ADMIN], a new programme to provide home-grown solutions to Africa’s…
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AfDB, partners launch US$ 5.2mln project to help catalyse diaspora investment in eight African countries
ADDIS ABABA, June 14, 2024 – The African Development Bank [AfDB], the African Union Commission [AUC], and the International Organization for Migration [IOM] have signed a protocol agreement for US$ 5.2 million…
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Afreximbank Launches 2024 African Trade Report and African Trade and Economic Outlook Report
NASSAU, June 13, 2024 – African Export-Import Bank [ Afreximbank ] yesterday launched its African Trade Report 2024 and African Trade and Economic Outlook Report 2024 at the Afreximbank Annual Meetings 2024…
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