Energy Capital & Power
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    • African Chamber of Commerce in China Partners with MSGBC Oil, Gas & Power 2024
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Source: Energy Capital & Power |

African Chamber of Commerce in China Partners with MSGBC Oil, Gas & Power 2024

The strategic partnership will connect Chinese investors and companies with leading investment prospects in the MSGBC region

The MSGBC Oil, Gas & Power 2024 conference and exhibition has partnered with the African Chamber of Commerce in China (AFCHAM). This strategic partnership is set to enhance Africa-China commercial ties by facilitating connections and providing business resources to global stakeholders and energy leaders in West Africa’s energy space. Taking…

Energy Capital & Power
Source: Energy Capital & Power |

Azule Energy Advances Diversified Oil & Gas Portfolio, Joins Angola Oil & Gas (AOG) 2024 as Platinum Sponsor

Angola Oil & Gas returns to Luanda from October 2-3, featuring a multi-track program and innovative exhibition platform

International energy company Azule Energy plans to increase oil production to 250,000 barrels per day (bpd) by 2026 while accelerating gas monetization through the development of non-associated projects. As the largest independent equity producer of oil and gas in Angola, the company’s diversified portfolio aligns closely with national objectives to…

Source: East African Community |

East African Community Embarks on the Upgrade of the Lwakhakha Border to One-Stop Border Post to Decongest the Busia and Malaba Border Posts

The upgrade is expected to reduce the traffic from Malaba and Busia OSBPs boost trade along the Northern Corridor and improve cross-border security

The East African Community (EAC) together with the Republics of Kenya and Uganda are in the process of upgrading the Lwakhakha border post on the common border between the two Partner States into a One-Stop Border Post (OSBP) as part of efforts to reduce congestion at the Busia and Malaba…

African Development Bank Group (AfDB)
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    • The African Development Bank will help the DRC to significantly increase production of the most consumed foods in the country and reduce large-scale imports, including rice
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Source: African Development Bank Group (AfDB) |

République Démocratique du Congo (RDC): African Development Bank Group grants $260 million loan to strengthen agricultural sector and value chains

The Democratic Republic of Congo (DRC) government and beneficiaries will provide counterpart funding of $51.2 million

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $260.4 million to the Democratic Republic of Congo (DRC) to help finance the Project to Support the Development of Value Chains as part of its backing for the Agriculture Transformation Programme (PADCV-PTA). The project, totalling…

LG Electronics
Source: LG Electronics |

Family and Home at the Heart of LG’s Latest Campaign “Life’s Good When You Get More Care”

New LG video campaign to shine a light on everyday interactions in the home and help customers share their care amongst family

LG Electronics (LG) (www.LG.com) has announced its new campaign of short videos under the “Life’s Good” brand slogan, titled Get More Care, following the success of previous themes “Get More Love” and “Get More Magic”, aimed at highlighting how LG products enable small gestures of love and care among family…

PalmPay
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    • PalmPay Named Among Top 250 Fintech Companies in the World by CNBC and Statista
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Source: PalmPay |

PalmPay Named Among Top 250 Fintech Companies in the World by CNBC and Statista

More than 2000 companies were evaluated globally based on general and sector-specific KPIs to determine the final selection

PalmPay (www.PalmPay.com), a leading Africa-focused fintech platform, has been included in the 2024 edition of CNBC and Statista’s prestigious list of the “Top 250 Fintech Companies in the World.” This recognition underscores PalmPay's rapid growth and significant contributions to advancing financial inclusion. The CNBC/Statista list honours fintech pioneers significantly transforming the…

Afrobarometer
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    • Launch of African Insights 2024 (Afrobarometer Flagship Report on democracy trends in Africa) (EN)
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    • African Insights 2024 (1)
    • African Insights 2024 (2) (FR)
    • African Insights 2024 (3)
    • African Insights 2024 (4) (FR)
    • African Insights 2024 (5)
    • African Insights 2024 (6)
    • African Insights 2024 (7)
    • African Insights 2024 (8) (FR)
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Source: Afrobarometer |

Africans’ commitment to democracy undermined by poor political performance, but not economic failures, Afrobarometer inaugural flagship report reveals

Over the past decade, popular support for democracy has declined sharply in several countries, and opposition to military rule has weakened

Afrobarometer’s inaugural flagship report (https://apo-opa.co/3WdqIHG) shows that Africans remain strongly committed to democracy, its norms, and institutions, but there are also causes for concern. Over the past decade, popular support for democracy has declined sharply in several countries, and opposition to military rule has weakened. Meanwhile, satisfaction with the way democracy…

African Development Bank Group (AfDB)
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    • As the sole operator of ports, railways and oil pipelines, Transnet holds a unique position in the freight logistics sector in South Africa and the Southern African Development Community (SADC) region
    • South Africa boasts the highest level of railway infrastructure in Africa, covering around 30,000 km. It ranks as the world’s 14th largest in length and is notably well-developed compared to other emerging markets
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (1)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (2)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (3)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (4)
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Source: African Development Bank Group (AfDB) |

South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan

In addition to the corporate loan, the African Development Bank is contemplating two targeted grants, including $750,000 in technical support from the Sustainable Energy Fund for Africa

The African Development Bank Group (www.AfDB.org) has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major freight transport and logistics company, for its recovery and growth plans. The 25-year loan approved by the Bank Group’s Board of Directors on Friday, 12 July 2024, is fully…

African Development Bank Group (AfDB)
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    • New Africa Sustainable Development Report Shows Critical Importance of Scaled-Up Development Financing
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Source: African Development Bank Group (AfDB) |

New Africa Sustainable Development Report Shows Critical Importance of Scaled-Up Development Financing

The report provides an in-depth review of African countries progress towards five sustainable development goals and their 32 targets to meet the 2030 Agenda and the African Union 2063 Agenda

The United Nations Development Programme (UNDP), the United Nations Economic Commission for Africa (ECA), and the African Development Bank (AfDB) (www.AfDB.org), presented today the 2024 Africa Sustainable Development Report (ASDR), at an event held on the margins of the UN High-Level Political Forum for Sustainable Development in New York. Scaled-up…

Xylem
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    • 365 Days of Success: The Xylem Egypt Plant Celebrates its First Operational Year (1)
    • 365 Days of Success: The Xylem Egypt Plant Celebrates its First Operational Year (2)
    • 365 Days of Success: The Xylem Egypt Plant Celebrates its First Operational Year (3)
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Source: Xylem |

365 Days of Success: The Xylem Egypt Plant Celebrates its First Operational Year

Xylem and the Tiba Manzalawi Group's joint venture to manufacture pumps and HVAC systems in Egypt reaches a major milestone

The Xylem Egypt Plant, a joint venture between Xylem (www.Xylem.com) and the Tiba Manzalawi Group, has completed its first successful year of operation. Inaugurated in 2023 by Egypt's Minister of Trade and Industry, Ahmed Samir, the international pump manufacturing site produces and assembles modern pumping equipment for Middle Eastern and…