Source: African Development Bank Group (AfDB) |

African Development Bank launches landmark US$500 million credit insurance deal with African Trade Insurance Agency and UK reinsurers

This transaction is expected to have an important demonstration effect to encourage similar institutions to invest more on the continent in the future

Responds to G20 Action Plan for MDB Balance Sheet Optimization; Creates additional headroom that will be chanelled to support further development across Africa;  Supported by Insurance Broker - RFIB Group Ltd and leading UK reinsurers. The African Development Bank (AfDB) (www.AfDB.org) and African Trade Insurance Agency (ATI) announce the successful…

Source: African Development Bank Group (AfDB) |

South Africa’s mass transit sector secures US$ 10 million and ZAR 1.4 billion African Development Bank loans

The financing will support the Company’s growth plans and initiatives to support Small and Medium Enterprises (SMEs) in the country’s mass transit segment

The African Development Bank (www.AfDB.org) has approved over US$100 million in loans to SA Taxi Development Finance Limited, a wholly owned subsidiary of SA Taxi Finance Holdings Proprietary Limited, a vertically integrated business platform that provides a comprehensive financial and allied services offering to minibus taxi operators.  The minibus taxi system…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Afe Babalola University Confers Honorary Doctorate Degree on African Development Bank President Akinwumi Adesina

In his acceptance address, Adesina lauded the Institution as an epitome of academic excellence commended its high standards of discipline

The Afe Babalola University, Ado-Ekiti,  Nigeria, has conferred a Doctor of Letters, Honoris Causa on the President of the African Development Bank (www.AfDB.org), Akinwumi Adesina in recognition of his immense contributions to socio-economic development on the continent. John Olachy Momoh, Chairman of Channels Media Group, Nigeria’s multi award-winning television station…

Genesys
Source: Genesys |

Genesys - Southern East Africa steps up customer experience focus

Genesys Southern East Africa (SEA) expands as region seeks world-class Customer Experience (CX) solutions

Enterprises in Southern East Africa and Mauritius are rapidly stepping up their efforts to boost customer experience, reports omnichannel customer experience specialist Genesys (www.Genesys.com). Genesys, currently experiencing strong growth in the region, says enterprises in key African development hubs are fast catching up with their international counterparts in terms of…

Source: Embassy of Japan in Zambia |

Handover ceremony of a maternity waiting facility at the Old Kabweza Health Post

Through the “Grant Assistance for Japanese NGO Projects” scheme, the Government of Japan provides grant assistance to Japanese NGOs which implement economic and social development projects in developing countries

The handover ceremony of a maternity waiting facility at the Old Kabweza Health Post in Kafue District took place on Wednesday, October 11th 2018. The construction of the facility was implemented as a part of the “Maternal and Child Health Project in Chisankane Area, Kafue District (Phase3)”. This project commenced…

Source: Royal Norwegian Embassy in Cairo |

Strategy for Norway’s efforts in the Sahel region 2018-2020

Norway is stepping up its efforts in the Sahel

The full strategy is available in English here and French here. The Sahel region is facing significant security, humanitarian and development challenges. Weak state structures and porous borders have enabled Islamist terrorist groups to gain a foothold in the region. Conflicts are threatening stability in several of the region’s countries and…

Uganda Rugby Union
Source: Uganda Rugby Union |

Rugby – Uganda: Betway Kobs See off Hima Cement Heathens to advance to finals

The lunch time kick off was frenetic but erroneous in the opening minutes, but it was Kobs that were mostly on the front foot

The Kyadondo based club fell to Betway Kobs, 10-08, in the semifinal on Saturday, at Legends Rugby Club. The lunch time kick off was frenetic but erroneous in the opening minutes, but it was Kobs that were mostly on the front foot. They earned three penalties in the process but…

Source: Republic of South Africa: The Presidency |

Media Advisory: President Ramaphosa to address the 2018 Heads of Mission Conference

The conference also serves as a platform for South Africa’s diplomats to be briefed about progress on government’s programmes and plans

President Cyril Ramaphosa will on Tuesday, 23 October 2018, address the 2018 Heads of Mission Conference (HOM) at the Department of International Relations and Cooperation (DIRCO) in Pretoria.  The Conference hosted by DIRCO from 21 to 25 October 2018 is held under the theme: “A New Dawn: Inclusiveness of South…

Source: The Department of Trade and Industry, South Africa |

Deputy Minister Magwanishe to participae in African, Caribbean and Pacific (ACP) meetings

The Deputy Minister will also participate in the 16th Joint ACP and European Union Ministerial Trade Committee (JMTC) to be held on 26 October 2018

The Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe will depart for Brussels, Belgium today, 22 October 2018 to participate in the 21st Ministerial Trade Committee meeting of African, Caribbean and Pacific (ACP) countries. The Ministerial Trade Committee meeting will take place from 24 to 25 October 2018. The…

Source: Ministry of Posts, Telecom and Technology of Somalia |

Minister closes Conference for Information and Communications Technology (ICT) professionals

Speaking on the theme of this conference, the minister urged the Information and Communications Technology (ICT) professionals to actively participate in the upcoming consultations for the regulations of the Communications Act that will start soon

Minister for Post, Telecom and Technology, H. E. Abdi Ashur Hassan, has officially closed the third conference for Somali Network Operators Group (SomNOG 3), which brought together decision makers and professionals from private sector, academia, and government. Abdiqani Jama, ICT Regulations Expert; Dr Abdirisaq Dalmar, Vice President for Somali Research…