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Banque Ouest Africaine de Développement (BOAD)

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    • The West African Development Bank “BOAD” leads the way in innovation with landmark record-breaking $500 million public hybrid issuance
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Source: Banque Ouest Africaine de Développement (BOAD) |

The West African Development Bank “BOAD” leads the way in innovation with landmark record-breaking $500 million public hybrid issuance

This transaction attracted significant and diversified investors driven by the strong credit profile of BOAD and the characteristics of the structure

The West African Development Bank “BOAD” (www.BOAD.org/en/) continues to lead in financial innovation with the successful issuance of a $500 million sustainable hybrid bond on the international capital market. This deeply subordinated instrument carries a 30-year maturity with a five-year non-call period, for an equivalent EUR coupon rate of 5.9%.…

United Nations Mission in South Sudan (UNMISS)
Source: United Nations Mission in South Sudan (UNMISS) |

United Nations Mission in South Sudan (UNMISS) and partners support displaced communities in Lakes State to rebuild their lives and secure peace

Women, children, and those with disabilities are disproportionately affected and urgently require targeted support to ensure their protection and facilitate reintegration into their communities

Lakes State is home to many vulnerable groups facing significant challenges. Thousands of people from Panyijar County in neighbouring Unity have fled across the border into Lakes State after losing their homes and livelihoods during severe flooding. Additionally, refugees from Sudan continue to flow into the area, seeking safety from…

International Islamic Trade Finance Corporation (ITFC)
Source: International Islamic Trade Finance Corporation (ITFC) |

Nazeem Noordali Appointed as Officer-in-Charge, Chief Executive Officer of the International Islamic Trade Finance Corporation

This appointment followed the completion of the full tenure as Chief Executive Officer (CEO) by Eng. Hani Salem Sonbol on February 7, 2025

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance entity of the Islamic Development Bank (IsDB) Group, announced the appointment of Mr. Nazeem Noordali as Officer-in-Charge, Chief Executive Officer (CEO) ITFC, effective from 8th February 2025. This appointment followed the completion of the full tenure as Chief Executive…

United Nations Conference on Trade and Development (UNCTAD)
Source: United Nations Conference on Trade and Development (UNCTAD) |

Africa’s $3.4 trillion opportunity: Turning vulnerabilities into resilience

Stronger intra-regional trade, strategic investments and bolder economic reforms are crucial to unlocking the vast potential of the African Continental Free Trade Area

The 2024 Economic Development in Africa Report by UN Trade and Development (UNCTAD) outlines how Africa can transform economic vulnerabilities into opportunities through trade, investment and regional integration. The African Continental Free Trade Area (AfCFTA), macroeconomic reforms and innovative financial tools can help stabilize economies and reduce reliance on volatile global markets. Investing…

Office of the UN High Commissioner for Human Rights (OHCHR)
Source: Office of the UN High Commissioner for Human Rights (OHCHR) |

Committee on Economic, Social and Cultural Rights Opens Seventy-Seventh Session

The Committee’s seventy-seventh session is being held until 28 February 2025

The Committee on Economic, Social and Cultural Rights today opened its seventy-seventh session. The Committee adopted its agenda and programme of work for the session, during which it is scheduled to review the reports of Croatia, Peru, Philippines, Rwanda and the United Kingdom. Opening the session, Wan-Hea Lee, Chief of…

United Nations Conference on Trade and Development (UNCTAD)
Source: United Nations Conference on Trade and Development (UNCTAD) |

Africa’s vulnerability to global shocks highlights need for stronger regional trade

Dependence on commodities, high debt, and weak infrastructure make African economies more vulnerable; Stronger and more diversified trade networks can enhance their resilience and drive growth.

Africa is at the epicentre of overlapping global crises – economic shocks, climate disruptions and geopolitical tensions – that compound vulnerabilities. UN Trade and Development’s (UNCTAD) Economic Development in Africa Report 2024 highlights how economies face heightened uncertainty during major shocks, including the 2008 financial crisis, the 2014 commodity price collapse and…

Amnesty International
Source: Amnesty International |

Nigerian residents take Shell to UK High court following 10-year fight for justice

After a decade-long fight for justice, the Preliminary Issues Trial of Nigerian Law for Shell vs Ogale and Bille communities is set to take place at the UK High Court from 13 February to 10 March 2025

Ten years ago, residents from the Bille and Ogale communities in Nigeria claimed their livelihoods had been destroyed and homes damaged by hundreds of oil spills caused by Shell. The pollution caused widespread devastation to the local environment, killing fish and plant life, leaving thousands of people without access to…

World Food Programme (WFP)
Source: World Food Programme (WFP) |

Italy and the World Food Programme (WFP) partner to reduce malnutrition in Eastern Sudan

Sudan continues to face a catastrophic humanitarian situation with approximately 24.6 million people – nearly half of Sudan's population – facing acute food insecurity

The United Nations World Food Programme (WFP) in Sudan welcomes a contribution of EUR6.55 million from the Italian Agency for Development Cooperation (AICS). This vital funding will enable WFP to provide specialized nutritious foods and cash-based nutrition assistance to nearly 200,000 young children and pregnant or nursing women in Gedaref…

World Food Programme (WFP)
Source: World Food Programme (WFP) |

European Union (EU) supports early action as climate extremes compound hunger in the Greater Horn of Africa

‘Scaling Coordinated Multi-Hazard and Conflict-Sensitive Anticipatory Action in the Greater Horn of Africa’ will support 450,000 vulnerable people in Ethiopia and Somalia for two years

The Danish Refugee Council (DRC), United Nations Food and Agriculture Organisation (FAO), International Federation of the Red Cross and Red Crescent Societies (IFRC), IGAD Climate Prediction and Applications Centre (ICPAC), and the World Food Programme (WFP) have welcomed a contribution of EUR4 million from the Directorate-General for European Civil Protection…

African Association of Energy Journalists and Publishers (AJERAP)
Source: African Association of Energy Journalists and Publishers (AJERAP) |

Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2025: African Association of Energy Journalists and Publishers (AJERAP) announces official launch on February 11, 2025

AJERAP is an association of energy journalists and publishers established to promote accurate reportage and analysis of the energy, environment, sustainability, and related sectors from an African perspective

The African Association of Energy Journalists and Publishers, AJERAP (www.AJERAP.org) will host a side event at the Petroleum Technology Association of Nigeria, PETAN’s Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) to officially launch the association on Tuesday, February 11, 2025, in Lagos, Nigeria. AJERAP is an association of energy…