Africa
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JPMorgan Chase to deepen partnerships with AfDB
ABIDJAN, April 5, 2024 -African Development Bank Group [AfDB] Senior Vice-President Bajabulile Swazi Tshabalala, has held talks with top executives of JPMorgan Chase, the largest US bank, on potential partnership between the…
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AfDB approves US$ 50mln loan to support climate change resilience in Nigeria
ABUJA, March 28, 2024 – The Board of Directors of the African Development Bank Group [AfDB] approved a $50 million loan for the Yobe State Environmental and Climate Change Action Project [ECCAP]…
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Global experts urge action as Africa grapples with US$ 65bln timber trade deficit
ABIDJAN, March 27, 2024 – Africa must work to urgently address its staggering US$ 65 billion timber trade deficit to position forests as a critical driver for the continent’s future development, global…
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Africa’s wind power holds potential to light up the continent, says IFC report
KAMPALA, March 26, 2024 – Africa has enough wind resources to power its entire electricity demand 250 times over, according to a commissioned study by the World Bank’s International Finance Corporation. The…
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Maison Malake – Morocco’s social cooperative revolutionising cashew nuts
MARRAKECH, March 21, 2024 – As night falls over Marrakech’s medina, wrought-iron lanterns illuminate the narrow streets of the souk. The air is filled with scents of saffron and mint, and the metallic…
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Nigerian coop society offers soft loans to staff
ABUJA, March 11, 2024 – The Nigeria Correctional Service Cooperative Society [NCoS] said recently it gave out soft loans to members to cushion them from the biting economy. The General Manager of…
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AFFM investing in women cocoa producers contributes to accelerating progress for Côte d’Ivoire coop
ABIDJAN, March 10, 2024 – San Pedro is located in southwestern Côte d’Ivoire, and producing cocoa alone here can be an uphill battle. For Sandrine Assi, one of San Pedro’s women cocoa…
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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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