Africa
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AfDB’s Adesina presents Africa as world’s best investment destination
RIYADH, May 21, 2024 – Africa’s human, land, mineral resource and cross-border trade endowments combine to make it the world’s most promising investment destination, now and well into the future, African Development…
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Morocco: USAID, UM6P, and GiveDirectly partner on Cooperative Resilience Programme
MARRAKECH, May 21, 2924 – The University Mohammed VI Polytechnic [UM6P] in Morocco, the United States Agency for International Development [USAID], and GiveDirectly yesterday signed a Memorandum of Understanding [MoU] to launch…
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Cocoa regulator in Ivory Coast puts halt to coops hoarding beans for sale at higher prices
ABIDJAN, May 21, 2024 – The Coffee and Cocoa Council [CCC] of Cote d’Ivoire has temporarily halted the operations of about 40 cooperatives suspected of unlawfully stockpiling cocoa beans to sell them…
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ExxonMobil and NBA Africa launch Jr. NBA League in Angola
LUANDA, May 20, 2024 – Global energy company, ExxonMobil and National Basket Association Africa [NBA Africa] have launched a new Jr. NBA league in Luanda, Angola operated by PanAfricare, a non-profit organisation…
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Thermal power dominates in COMESA region at 76 percent
CAIRO, May 20, 2024 – Thermal power dominates power generation in the COMESA region, accounting for more than 76 percent with hydro energy at 24 percent. This is out of the total…
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Zimbabwe goes for Brazilian maize amid drought
HARARE, May 17, 2024 – The Grain Millers Association of Zimbabwe [GMAZ] has embarked on a crucial mission to Brazil to source maize grain in response to a catastrophic drought that has…
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MultiChoice Africa and ICT ministry conclude MoU to strengthen collaboration
KAMPALA, May 17, 2024 – MultiChoice Africa Holdings B.V [MAH] and the Ministry of ICT and National Guidance for Uganda have announced a new cooperation agreement in the form of a Memorandum…
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Zimbabwe’s First Capital Bank gets US$ 15mln loan to support local SMEs
ABIDJAN, May 16, 2024 – The Board of Directors of the African Development Bank Group has approved a US$ 15 million trade finance package for First Capital Bank [FCB] in Zimbabwe to…
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COMESA region moving closer to harmonised energy regulatory regime
CAIRO, May 15, 2024 – Energy experts recently met in Cairo, Egypt for a two-day consultative workshop on regional harmonisation of regulatory frameworks and tools for improved electricity regulation in the COMESA…
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Africa requires US$ 277bln annually to achieve 2030 SDGs, says IAE 2024 Panel
PARIS, May 15, 2024 – Boasting 60 percent of the world’s best solar resources, Africa’s solar power potential presents multiple opportunities for investors seeking long-term, scalable financial prospects. A panel session during…
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