Africa
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DRC: AfDB to lend over US$110mln to support agricultural transformation
ABIDJAN – Meeting in Abidjan on 14 February 2024, the Board of Directors of the African Development Bank Group [AfDB] approved a loan of US$ 117.9 million to the Democratic Republic of…
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Aviation experts push for model bilateral air services agreement
KAMPALA, February 28, 2024 – Aviation officials from the Eastern Africa-Southern Africa and Indian Ocean region are making steady progress in reviewing and having a model Bilateral Air Services Agreement [BASA] that conforms…
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COMESA, WBG to launch US$ 50mln project to promote energy access
LUSAKA, February 29, 2024 – The Common Market for Eastern and Southern Africa [COMESA] and the World Bank are set to implement a US$ 50 million regional platform to support COMESA Member…
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AfDB approves US$ 150mln for Trade & Development Bank
ABIDJAN, February 29, 2024 – The Board of Directors of the African Development Bank [AfDB] has approved a US$ 150 million Trade Finance Unfunded Risk Participation Agreement [RPA] facility between the AfDB,…
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AU names coffee a strategic commodity
ADDIS ABABA, February 23, 2024 – The 37th Ordinary Session of the Assembly of the African Union [AU] recently approved the naming of coffee as a strategic commodity during its second 10-year …
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Unlocking Africa’s AI potential
CAPE TOWN, February 22, 2024 – In 2024, Africa stands at the precipice of an Artificial Intelligence [ AI ] revolution. With a projected market size of US$ 18.33 billion by 2030,…
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Africa dominates list of world’s 20 fastest-growing economies in 2024-report
KAMPALA, February 19, 2024 – Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook [MEO]…
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Malnutrition affecting over 80mln children in Africa, experts warn
ADDIS ABABA, February 19, 2024 – Africa’s children are paying a huge price for malnutrition, a high-level round table convened by the African Union and African Leaders for Nutrition Champion heard Friday…
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IFAD Member States approve ambitious US$ 2bln plan to reduce hunger and poverty for 100mln rural people
ROME, 6February 16, 2024 – As climate change, biodiversity loss, economic uncertainties and growing instability take a strong toll on rural communities and small-scale farmers in many parts of the world, particularly…
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‘One Resilient Common Future’ revealed as the theme for Commonwealth Day 2024
LONDON, February 16, 2024 – In a press release, the Commonwealth Secretary-General, Patricia Scotland KC, has announced the theme for Commonwealth Day 2024 as ‘One Resilient Common Future’. Commonwealth Day will be observed on Monday, 11…
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