South Africa
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News
AfDB Group to extend facilities worth US$ 200mln and ZAR 3.6bln to Standard Bank Group to increase trade in Africa and support SMEs
PRETORIA, December 13, 2024 — The Board of Directors of the African Development Bank Group [AfDB] has approved two financial facilities for South-Africa based Standard Bank Group to support economic development in…
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News
Afreximbank calls for increased collaboration to accelerate the green energy transition in Africa
WASHINGTON D.C., October 31, 2024 — The eighth Babacar Ndiaye Lecture held at the Four Seasons Hotel in Washington D.C., days ago under-scored the need for African nations to strike a balance…
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News
World-renowned artists, athletes, and others to join The Earthshot Prize in South Africa
JOHANNESBURG, October 28, 2024 – Some of the world’s most influential artists, athletes, musicians, and advocates will join The Earthshot Prize in Cape Town, South Africa this November to spotlight inspiring environmental…
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News
South Africa: Cabinet approves funding policy for small businesses and cooperatives
JOHANNESBURG, October 29, 2024 — The South African Cabinet recently approved the final funding policy for micro, small and medium enterprises [MSMEs] and cooperatives, for implementation. This was revealed by the Minister…
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Africa
African ministers chart continent’s energy future at closed-door sessions
CAPE TOWN, October 10, 2024 — Ministers and senior energy officials from more than 20 African countries convened yesterday for a closed-door session to address the continent’s pressing energy needs and shape…
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News
Protea Hotels by Marriott Expands Footprint in Africa with New Openings in Nigeria and Zambia
CAPE TOWN, October 9, 2024 — Protea Hotels by Marriott, part of Marriott Bonvoy’s global portfolio of over 30 brands, has opened two new hotels in Africa: Protea by Marriott Delta in…
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News
AU launches African Cooperatives Centre to promote Social Solidarity Economy
JOHANNESBURG, October 8, 2024 — The African Union [AU] officially launched the African Cooperatives Centre [ACC] days ago. The initiative aims at advancing the Social Solidarity Economy [SSE] across Africa. Unveiled at…
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News
Ministers among hundreds of energy-sector leaders to attend AOW event
CAPE TOWN, October 6, 2024 — Africa Oil Week [AOW]: Investing in African Energy– Africa’s leading oil, gas, and energy event – has confirmed attendance for more than 80 ministers and senior…
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News
IFC invests in Equator Africa Fund I to support African climate sector tech businesses
NAIROBI, October 4, 2024 –The International Finance Corporation [ IFC ] is to invest in Equator Africa Fund I, marking its first-ever investment in a venture capital fund entirely focused on supporting…
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News
UN turns to cultural institutions to revive values and ethics
KAMPALA, September 25, 2024 – The United Nations Development Programme [UNDP] has launched a campaign called Obuntubulamu, aimed at reviving and restoring values and ethics among Ugandans. Obuntubulamu embodies the human qualities…
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