Source: Afreximbank |

The African Medical Centre of Excellence (AMCE) Wraps up Successful African Health Forum 2024 in Abuja

The forum brought together esteemed industry leaders, healthcare professionals, and stakeholders from across Africa and beyond to discuss critical issues facing the healthcare sector

The African Medical Centre of Excellence, Abuja (AMCE Abuja), a quaternary-level multi-speciality medical institution developed by the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and King’s College Hospital, London, concluded its highly anticipated African Health Forum 2024 in Abuja, Nigeria, marking a significant milestone in advancing healthcare collaboration and innovation across the continent.…

African Development Bank Group (AfDB)
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    • The African Development Bank's trade finance guarantee facility granted to Access Bank DR Congo will support imports of essential goods and various inputs in such key sectors of the Congolese economy as health and agriculture
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Source: African Development Bank Group (AfDB) |

Democratic Republic of the Congo: African Development Bank grants $7 million trade finance guarantee facility to Access Bank DR Congo to support SMEs and local businesses

The African Development Bank will now be able to provide up to a 100% guarantee to confirming banks for the non-payment risk from the confirmation of letters of credit

On 20 February 2024, the Board of Directors of the African Development Bank Group (www.AfDB.org) approved a $7 million trade finance guarantee facility grant to Access Bank DR Congo. The African Development Bank will now be able to provide up to a 100% guarantee to confirming banks for the non-payment risk…

Energy Capital & Power
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Source: Energy Capital & Power |

United States Primed to Spearhead Africa's Liquefied Natural Gas (LNG), Floating Liquefied Natural Gas (FLNG) Expansion

With Africa set to dominate the floating LNG market between now and 2027, U.S. operators and contractors can play a leading role in realizing new capacity, alongside onshore developments

As Africa looks to develop its gas for domestic and export markets, the U.S. is honing in on LNG as a critical investment avenue, alongside traditional oil exploration. In October 2023, energy research and consultancy group Wood Mackenzie stated that Africa’s $800-billion, 20-year upstream capital expenditure program would result in…

Energy Capital & Power
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Source: Energy Capital & Power |

Global Black Impact Summit (GBIS) 2024 to Spotlight Diversity in the Energy Sector

The Global Black Impact Summit takes place February 27 in Dubai – secure your participation today!

As the energy sector undergoes a transition towards sustainable solutions, the Global Black Impact Summit (GBIS) 2024 (https://apo-opa.co/3T78aby) - taking place February 27 in Dubai - will delve into diversity's role in shaping the sector’s future. With a panel discussion titled, Energy Transition: Highlighting the Importance of Diversity in Shaping the…

African Development Bank Group (AfDB)
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    • (L-R) President, African Development Bank Group, Dr. Akinwumi Adesina and EkitiState Governor, Biodun Abayomi Oyebanji, during an official meeting with the Bank’s President in Lagos
    • Lamin Barrow, Director General, African Development Bank Nigeria Country Department (5th from left); Stanley George, Director, International Economic Relations Department, Federal Ministry of Finance ( 6th from left) and Akintunde Oyebode, Ekiti State Commissioner for Finance and Economic Development (7th from left), during EKZ loan negotiation agreement meeting at the Bank’s Office in Abuja, Nigeria
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Source: African Development Bank Group (AfDB) |

Catalyzing Digital Innovation: African Development Bank commits $80 million to Ekiti Knowledge Zone Project in Nigeria

State-led pioneering special economic zone project, designed to foster linkages between educators, researchers, innovators, entrepreneurs, and industries, all within one location

In the heart of Nigeria’s Ekiti State, a groundbreaking initiative is taking shape – the Ekiti Knowledge Zone (EKZ), a bold step to transform the region into a hub for digital innovation and knowledge economy. The African Development Bank has committed $80 million in loan financing for this state-led pioneering…

Source: Energy Capital & Power |

Africa’s 2024 Bid Rounds Mean Fresh Opportunities for Upstream Investors

The Invest in African Energy forum in Paris will feature dedicated licensing round presentations from Africa’s leading oil and gas ministries, showcasing available blocks

Africa’s oil and gas blocks continue to draw global investors, from IOCs to junior and indigenous explorers. In a bid to boost production and reserve volumes, the continent is seeking to attract a broader range of companies to sign new contracts and drive exploratory drilling. At the Invest in African…

Energy Capital & Power
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    • Global Service Providers, Project Developers Sign on for Invest in African Energy (IAE) 2024 Forum
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Source: Energy Capital & Power |

Global Service Providers, Project Developers Sign on for Invest in African Energy (IAE) 2024 Forum

Halliburton, Siemens Energy, Perenco, Chariot Oil & Gas, Conjuncta and more are participating at the upcoming IAE 2024 Forum, solidifying global interest in Africa’s integrated energy projects

Leading explorers, service providers and developers are securing their participation at the upcoming Invest in African Energy (IAE) 2024 forum (https://apo-opa.co/49KtuJq) in Paris, set to be a decisive platform for driving foreign investment in Africa’s energy sector. The continent has been vocal about its investment needs – requiring $200 billion per…

Source: Energy Capital & Power |

Société Nationale de Petroles (SONAP) to Connect Investors to Guinean Projects at Invest in African Energy (IAE) Forum

Guinea-Conakry is inviting investment in upstream exploration as well as downstream infrastructure, with opportunities on show at the forum this May

The Managing Director of the National Petroleum Company (SONAP) of Guinea-Conakry, Amadou Doumbouya, will speak at the Invest in African Energy (IAE) forum (www.Invest-Africa-Energy.com) this May. Doumbouya is expected to promote unexplored opportunities in off- and onshore acreage while introducing potential investors to domestic infrastructure projects. A recent push by government…

Energy Capital & Power
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Source: Energy Capital & Power |

The Invest in African Energy (IAE) Forum to Connect African Energy Projects with Saudi, United Arab Emirates (UAE) Buyers

Gulf countries have shown rising interest in helping Africa to develop its oil and gas resources and build much-needed infrastructure

Over the past twelve months, the Middle East’s oil and gas heavyweights – Saudi Arabia, the United Arab Emirates (UAE) and Qatar – have accelerated their involvement across Africa’s energy value chain. Beginning with diplomatic visits turning into tangible cooperation agreements and planned investment campaigns, Gulf countries have cemented their…

KnowBe4
Source: KnowBe4 |

Excessive trust in generative Artificial Intelligence (AI) makes users vulnerable, survey finds

A significant number of people are comfortable sharing their personal information with generative AI tools like ChatGPT, a recent survey conducted by KnowBe4 AFRICA found

The survey, which spanned 1,300 respondents in ten African and Middle Eastern countries, revealed that 63% of users are open to sharing their personal information, while an impressive 83% expressed confidence in the accuracy and reliability of these AI tools. “While the results clearly show that generative AI tools are…