Africa
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COMESA states urged to embrace the regional payments and settlement system
UZULWINI, November 24, 2024 — Central Banks in COMESA Member States have been called upon to utilise Regional Payments and Settlement System [REPSS] for intra-COMESA transactions, owing to its potential to enhance…
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ADF releases initial support of US$ 99mln to finance the development of rice cultivation value chains in West Africa
ABIDJAN, November 21, 2024 — The Board of Directors of the African Development Fund [ADF] has approved initial funding of US$ 99.16 million to develop regional rice cultivation value chains as part…
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African leaders want continent’s natural assets worth trillions of dollars to be part of measuring GDP of countries
BAKU, November, 19, 2024 – African Heads of State and government are calling for the continent’s vast natural capital to be considered when measuring their countries’ Gross Domestic Product [GDP]. In a…
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COP29: Lack of clean cooking access poses deadly risks for millions in Africa, leaders urge action
BAKU, November 15, 2024 — African policymakers and international partners meeting at this year’s UN Climate Change Conference, COP29 on Tuesday highlighted the urgent crisis posed by lack of access to clean…
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The Critical Minerals Africa Group launched to unlock Africa’s critical minerals potential
LONDON, November 14, 2024 — Global leaders in the critical minerals industry have today launched the Critical Minerals Africa Group [CMAG] to foster deeper relationships between Africa and global markets, empower companies…
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AfDB leads efforts to amplify Africa’s climate priorities at COP29 in Baku
KAMPALA, November 12, 2024 — African Development Bank Group [AfDB] President Dr. Akinwumi A. Adesina will lead a delegation to this year’s UN Climate Change Conference, COP29, in Baku, Azerbaijan. Along with…
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AFSA Calls for agroecology and increased adaptation finance for Africa at COP29
BAKU, November 12, 2024 – As 29th Conference of the Parties to the United Nations Framework Convention on Climate Change [COP29] kicks off in Baku, Azerbaijan, the Alliance for Food Sovereignty in Africa…
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Ecobank to unlock real-time cross-border payments across 35 African markets
KAMPALA, November 11, 2024— Nium, the leading global infrastructure for real-time cross-border payments, has partnered with Ecobank Transnational Incorporated to enable seamless cross-border payments across 35 African markets for more than 32…
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Africa’s coffee exports surge 14.3 percent in September 2024 – ICO report
KAMPALA, November 7, 2024 – Exports of all forms of coffee from Africa rose by 14.3 percent in September 2024, totaling 1.37 million bags, compared to 1.2mln bags in the same month…
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UNDP leads joint monitoring team to assess farmer cooperatives’ progress
MONROVIA, November 7, 2024 — Farmer Cooperatives supported by the government-funded Accelerated Community Development Programme [ACDP], implemented, and managed by UNDP, are excited about engaging in commercial swamp rice and cassava production/cultivation.…
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