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African Development Bank Group (AfDB)

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    • African Development Bank Group and JICA sign landmark 51.67 billion Japanese yen (US$421 million) concessional donor loan to boost the African Development Fund. Japan, October 2024
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Source: African Development Bank Group (AfDB) |

Japan boosts African Development Fund with Japanese yen (JPY) 51.67 billion concessional loan

Additional resources to drive much-needed development in Africa's least-developed and fragile countries

The African Development Bank Group (www.AfDB.org) and the Japan International Cooperation Agency (JICA) have signed a landmark 51.67 billion Japanese yen (US$421 million) concessional donor loan (CDL) agreement towards the African Development Fund.   The loan, pledged by the Japanese government at the 16th general replenishment of the resources of the…

African Development Bank Group (AfDB)

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    • Japan’s Deputy Vice Minister of Finance for International Affairs, Mr. Daiho Fujii (left) with Ms. Ayisha Fuseini, owner of Asheba Enterprise and one of the beneficiaries of FAPA funded project, the Ghana SME Business Linkage
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Source: African Development Bank Group (AfDB) |

Joint African Development Bank- Government of Japan Visit to Fund for African Private Sector Assistance (FAPA)-Funded Projects in Ghana

Propelling Sustainable Private Sector Development through collaboration

The African Development Bank (www.AfDB.org) and the Government of Japan recently concluded a joint visit to two projects funded by the Fund for African Private Sector Assistance (https://apo-opa.co/4dOF0oP) (FAPA) in Ghana to assess their impact on stimulating the growth of small businesses and boosting private sector development. The Japanese delegation…

African Energy Chamber

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    • Kontinental Energy Services (KES), Gulfstream Services to Showcase Innovative Petroleum Equipment, Solutions at African Energy Week (AEW) 2024
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Source: African Energy Chamber |

Kontinental Energy Services (KES), Gulfstream Services to Showcase Innovative Petroleum Equipment, Solutions at African Energy Week (AEW) 2024

Kontinental Energy Services will participate as a Bronze Exhibitor at AEW: Invest in African Energy 2024 this November in Cape Town

International oil and gas service company Kontinental Energy Services (KES) and U.S.-based upstream company Gulfstream Services will participate as Bronze Exhibitors at this year’s African Energy Week (AEW): Invest in African Energy 2024 conference in Cape Town this November. Operating in key African oil and gas markets, KES and Gulfstream…

African Energy Chamber

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    • Preng & Associates Joins African Energy Week (AEW) 2024 as Africa’s Energy Job Market Grows
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Source: African Energy Chamber |

Preng & Associates Joins African Energy Week (AEW) 2024 as Africa’s Energy Job Market Grows

With new discoveries, cross-border projects and rising business opportunities, Africa’s energy market offers a wealth of job opportunities across the entire oil and gas value chain

International executive search firm Preng & Associates has joined the African Energy Week (AEW): Invest in African Energy 2024 conference as an Associate Sponsor. In this capacity, Preng & Associates will support industry engagement as companies and stakeholders convene in Cape Town to discuss the future of Africa’s energy industry.  …

African Energy Chamber

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    • Namibia Energy Corporation Joins African Energy Week (AEW) as Silver Sponsor Amid Rising Oil & Gas (O&G) Prospects in Africa
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Source: African Energy Chamber |

Namibia Energy Corporation Joins African Energy Week (AEW) as Silver Sponsor Amid Rising Oil & Gas (O&G) Prospects in Africa

As a silver sponsor, Namibian Energy Corporation will shape discussions around opportunities in African energy

Integrated energy firm Namibia Energy Corporation (NEC) has joined African Energy Week (AEW): Invest in African Energy 2024 as a silver sponsor, reinforcing its commitment to advancing Africa's energy sector. At AEW: Invest in African Energy 2024, NEC representatives – including President and Co-Founder Marcio Rocha Mello – will showcase…

State House Uganda
Source: State House Uganda |

Uganda: President Museveni And Makerere University Professors Discuss African History

Prof. Samwiri Lwanga Lunyiigo requested the President to get time and write his book about the history of Uganda and Africa in general, saying it’s high time Africans wrote their own history

President Yoweri Kaguta Museveni yesterday 16th October 2024 met and held discussions with Makerere University Professors from the history department at State House, Entebbe. The discussions revolved around African history and heritage. “I was watching some commentaries on the just concluded 62nd Independence Day Anniversary and one Prof. Ndebesa Mwambutsya’s…

U.S. Embassy and Consulate in Nigeria
Source: U.S. Embassy and Consulate in Nigeria |

The United States (U.S.) Supports Nigeria Police Force’s (NPF) Efforts to Ensure the Safety and Dignity of Nigerian Citizens Through Special Intervention Squad (SIS) Training

The U.S. Embassy-sponsored training supported expert instruction on law enforcement operations focusing on combating kidnapping gangs, armed robberies, and terrorism, as well as community policing skills and human rights

The U.S. government through the Department of State’s Bureau of International Narcotics and Law Enforcement Affairs (INL) sponsored the Special Intervention Squad (SIS) Rank and File eight-week training course, which serves to build capacity of the Nigeria Police Force (NPF) and further SIS goals of ensuring the safety and dignity…

The African Union – Interafrican Bureau for Animal Resources (AU-IBAR)
Source: The African Union – Interafrican Bureau for Animal Resources (AU-IBAR) |

Strengthening Fisheries and Aquaculture Policies in the Central African Republic

The Central African Republic's sustainable development and the mitigation of the effects of climate change will be contingent upon the adherence to the principles enumerated in the CPSS and the collaboration with AU-IBAR

A consultative workshop was conducted in Bangui from September 17-20, 2024, by AU-IBAR and the Central African Republic (CAR) to ensure that their fisheries and aquaculture policies are in accordance with the African Policy Framework and Reform Strategy for Fisheries and Aquaculture in Africa (PFRS). The workshop was designed to…

Vantage Capital Group
Source: Vantage Capital Group |

Vantage Capital concludes a €66m deal with Camusat

The group’s comprehensive offering drives long-term performance for mobile networks and inclusive connectivity, digitalization and sustainable access to technology, making it a one-stop-shop for MNOs

Vantage Capital (www.VantageCapital.co), Africa’s largest mezzanine fund manager, announced today that it had closed a €66 million mezzanine investment in Camusat Holding S.A.S, the proceeds of which will be used to refinance debt and fund the capital expenditure required for expansion of the group’s AktivCo division. Vantage Capital’s investment is…

The World Bank Group
Source: The World Bank Group |

Nigeria - Staying the Course on Reforms: Progress Amidst Challenges

The new direction of macroeconomic policies should be sustained, including the Central Bank of Nigeria’s appropriately tight monetary policy stance

Since May 2023, Nigeria has implemented significant reforms to stabilize its economy, resulting in modest growth, improved fiscal health, and rising foreign exchange reserves. While these measures were necessary to urgently avert a fiscal crisis and place Nigeria on a stronger development path, they have imposed short-term pressures on households…