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Announcements
JLL
Source: JLL |

Mixed-use is the key to funding hotel development in Africa

JLL’s research into global property transactions reveals that in the first half of 2019, there was a 42% increase in the value of mixed-use property transactions

A new report from JLL (www.JLL.com), the world’s largest professional services firm specialising in real estate, has revealed that people seeking to finance a new hotel project in Africa will be much more successful if their hotel is part of a mixed-use development. JLL’s research into global property transactions reveals…

Fenix International
Source: Fenix International |

Fenix International to Launch Off-Grid Solar in Mozambique in partnership with leading operator Vodacom

Launching sales in Mozambique is the latest step in Fenix’s expansion

Fenix International (https://www.FenixIntl.com/), a next-generation energy company and subsidiary of ENGIE (https://www.ENGIE.com), opens its sixth market in Mozambique, where it expects to reach 200,000 households with clean energy and inclusive financial services within 3 years. Launching sales in Mozambique is the latest step in Fenix’s expansion. Headquartered in Kampala, the…

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

G5 Sahel heads of State throw their weight behind African Development Bank initiative Desert to power

Bank commits $20 million towards project preparation for the realization of the project

G5 Sahel heads of state at a Summit on Friday in Ouagadougou, Burkina Faso, gave strong support to Desert to Power, an Africa Development Bank (https://www.AfDB.org/) -led initiative. The summit, "Harnessing solar energy for the socio-economic development of the G5 Sahel countries" came on the heels of a high-level technical…

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

African Development Bank launches US$ 2 billion 1.625% Global Benchmark due 16 September 2022

Launched on September 11, the bond issue is the Bank’s second Global Benchmark of 2019, following a EUR 1 billion 10-year priced in March 2019

The African Development Bank (www.AfDB.org), rated Aaa/AAA/AAA (Moody’s/S&P/Fitch, all stable), has launched and priced a US$ 2 billion 3-year Global Benchmark bond due 16 September 2022, its first US$ benchmark of the year. Launched on September 11, the bond issue is the Bank’s second Global Benchmark of 2019, following a…

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

Innovative thinking marks African Development Bank’s Africa jobs manifesto

Employment is top of the agenda of every African leader – SVP Charles Boamah

Innovative thinking about Africa’s conventional employment issues is what marks the African Development Bank’s (www.AfDB.org) new policy research document “Creating Decent Jobs: Strategies, Policies, and Instruments,” participants heard at the report launch, held 12 September 2019. The report elicited strong presentations and a lively debate during the event which took…

International Organization for Migration (IOM)

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    • The floods in Niger have left more than 66,000 people displaced this rainy season. Photo: IOM/Daniel Kisito Kouawo
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Source: International Organization for Migration (IOM) |

Humanitarian Assistance provided to Vulnerable Communities affected by floods in Niger

This year, in fact, more than 200,000 people are at risk of being displaced during the rainy season due to overflowing rivers and landslides

Every summer the West African nation of Niger endures torrential rains which can destroy hundreds of households and trigger cholera outbreaks, often leading to major human and material losses across the country. This year, in fact, more than 200,000 people are at risk of being displaced during the rainy season due to overflowing rivers…

U.S. Embassy Addis Ababa, Ethiopia
Source: U.S. Embassy Addis Ababa, Ethiopia |

U.S. Embassy Statement on Recent Attack on Humanitarian Workers in Gambella

The United States condemns any violence inflicted on those engaged in humanitarian activities

The U.S. Embassy strongly condemns the violence perpetrated against humanitarian aid workers in Gambella on September 5, 2019, which resulted in the deaths of two staff members of Action Against Hunger, a non-governmental organization.  The loss of these Ethiopian aid workers saddens us deeply, and we offer our sincerest condolences…

International Organization for Migration (IOM)

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    • L – R: Katelijne Bergans, Deputy Director General Belgian Immigration Office; Laura Palatini, Chief of Mission IOM Belgium & Luxembourg; Ridha Ben Mosbah, Ambassador of Tunisia to the Kingdom of Belgium; Amel Ben Salah, Consul of Tunisia to the Kingdom of Belgium; Paola Pace, Deputy Chief of Mission, IOM Tunis. Photo: IOM
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Source: International Organization for Migration (IOM) |

Belgian-Backed Labour Migration Initiative boosts Employability of Tunisian Youth

Launched in March 2018 and running through October 2019, the project Enhancing Tunisian Youth Employability through Professional Internships in Belgian Companies

The International Organization for Migration (IOM) supported 31 Tunisian students and university graduates with concrete opportunities to build up their skills and increase their chances of finding an adequate job, or to create their own opportunities through a 20-month project linking Belgium and Tunisia. Launched in March 2018 and running through October 2019, the project Enhancing Tunisian Youth Employability through Professional Internships…

World Tourism Organization (UNWTO)

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    • Kingdom of Morocco wins High-Level Vote to host next World Tourism Organization General Assembly in 2021
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Source: World Tourism Organization (UNWTO) |

Kingdom of Morocco wins High-Level Vote to host next World Tourism Organization General Assembly in 2021

Member States of the United Nations specialized agency for tourism, were asked to choose between Morocco, Kenya and the Philippines

The Kingdom of Morocco has been officially chosen as the host of the 24th Session of the World Tourism Organization (UNWTO), to be held in 2021. At the conclusion of the 23rd General Assembly in St Petersburg, Member States of the United Nations specialized agency for tourism, were asked to…

International Organization for Migration (IOM)

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    • Tratara resettlement site in Cabo Delgado, hosting nearly 150 families who were displaced following Cyclone Kenneth. Site improvements are required to mitigate risks ahead of the next rainy and cyclone season
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Source: International Organization for Migration (IOM) |

Appeal launched for Humanitarian Response to Cyclone Devastation in Mozambique

More than 500,000 people are still living in houses that were severely damaged by the cyclones

With Mozambique devastated by drought, flooding and Cyclones Idai and Kenneth in the past several months, humanitarian partners yesterday (12/09) launched the revised Humanitarian Response Plan (HRP) requesting over USD 397 million to support affected populations. The HRP – which comes six months after Cyclone Idai made landfall and was shortly followed by Cyclone Kenneth – targets…