African Energy Chamber
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    • A Model for African Producers: Wing Wah’s $2B Integrated Energy Project to Bolster Resource Monetization in the Republic of the Congo
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Source: African Energy Chamber |

A Model for African Producers: Wing Wah’s $2B Integrated Energy Project to Bolster Resource Monetization in the Republic of the Congo

The Chinese oil and gas company is developing a multi-faceted oil and gas project in the Republic of the Congo – a model which can be replicated in other resource-rich nations across the region

The Republic of the Congo has a goal of increasing hydrocarbon production to 500,000 barrels per day (bpd) and projects such as Wing Wah Oil Company’s Bango Kayo development will serve as catalysts for meeting this objective. The project is a strong example for how integration and scalability can be…

Source: African Development Bank Group (AfDB) |

Liberia: African Development Fund approves $10 million from Global Agriculture and Food Security Program (GAFSP) Trust Fund to scale up nutrition project

The proposed project is anchored on government priorities to improve food security and strengthen livelihood, agricultural transformation, and economic prosperity for all

The Board of Directors of the African Development Fund has approved an additional $10 million from the Global Agriculture and Food Security Program (GAFSP) to implement activities and scale up the impact of the Smallholder Agriculture Development for Food and Nutrition Security project in Liberia. The project aims to improve…

The Arab Africa Trade Bridges Program (AATB)
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    • The Arab Africa Trade Bridges (AATB) Program Partners with Tunisia Africa Business Meeting to Drive Economic Growth and Food Security
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Source: The Arab Africa Trade Bridges Program (AATB) |

The Arab Africa Trade Bridges (AATB) Program Partners with Tunisia Africa Business Meeting to Drive Economic Growth and Food Security

Strategic Discussions to Enhance Trade and Economic Cooperation Between Arab and African Nations

The 4th Meeting of the Arab-Africa Trade Bridges (AATB) Board of Governors (BoG) alongside the 11th Meeting of the AATB Executive Committee (EC) will take place on July 1-2, 2024, in Tunis, Republic of Tunisia. In addition, AATB will be a strategic partner and sponsor the Tunisia Africa Business Meetings…

Source: DLA Piper |

South Africa’s apex court turns down the Minister of Home Affairs’ request to appeal the Zimbabwean Exemption Permit (ZEP) judgment

Brings a close the landmark challenge and upholds the setting aside of the termination of ZEP regime

The decision by South Africa’s highest court to refuse the Minister of Home Affairs’ leave to an appeal, cements a landmark ruling for The Helen Suzman Foundatoin (HSF), represented by DLA Piper (https://www.DLAPiper.com), that successfully challenged the decision to terminate the Zimbabwean Exemption Permit Regime (ZEP). The Constitutional Court of…

Afreximbank
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    • Peter Mulroy, former FCI Secretary General (fourth from left), and Mrs. Kanayo Awani, Executive Vice President of Intra-African Trade & Export Development Bank at Afreximbank and Executive Committee Member of FCI (fifth from left), with panelists and attendees at the Factoring and Receivables Finance Roundtable in The Bahamas
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Source: Afreximbank |

Afreximbank takes Factoring and Receivables Finance discussion to its Annual Meetings in Nassau, The Bahamas

The Roundtable offered a sense of hope and optimism for the future of factoring in the CARICOM where the potential market volume is estimated between €7 billion and €10 billion

The second day of African Export-Import Bank’s (Afreximbank) (www.Afreximbank.com) Annual Meetings (AAM 2024) that took place in The Bahamas from June 12 - 15 featured a highly informative Roundtable focusing on Factoring and Receivables Finance. This Roundtable brought together industry leaders, experts and stakeholders from Africa, the Caribbean Community (CARICOM)…

African Energy Chamber
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    • Chevron, GEPetrol and Ministry of Mines and Hydrocarbons Ink PSCs for Equatorial Guinea Blocks as Focus Shifts to New Discoveries
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Source: African Energy Chamber |

Chevron, GEPetrol and Ministry of Mines and Hydrocarbons Ink Production Sharing Contracts (PSCs) for Equatorial Guinea Blocks as Focus Shifts to New Discoveries

Blocks EG-06 and EG-11 can serve as catalysts to this goal and the AEC supports Chevron and GEPetrol in their E&P efforts

Multinational energy corporation Chevron (apo-opa.co/4bdXTAl) and Equatorial Guinea’s state-owned oil company GEPetrol (apo-opa.co/4evFXUB) have signed two production sharing contracts (PSC) for offshore blocks EG-06 and EG-11 in Equatorial Guinea- representing a $2 billion investment. Situated in close proximity to producing Block B which houses the Zafiro field, the blocks are considered to…

African Development Bank Group (AfDB)
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    • Completion of the Trans-Gambia Bridge will facilitate efficient movement of goods and people
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Source: African Development Bank Group (AfDB) |

Bridging Progress: African Development Bank powers The Gambia’s leap into the future

The Trans-Gambia Bridge and its ancillary road network link major routes and destinations, promoting the efficient movement of goods and people, supporting trade, raising incomes and improving livelihoods throughout West Africa

The African Development Bank’s (www.AfDB.org) investments in The Gambia’s energy sector have significantly improved access to affordable and reliable electricity, with at least 70% of Gambians projected to have power by the end of 2024 (50% in rural areas), according to a recent Bank country progress report. Notable projects include…

Source: Basketball Africa League (BAL) |

Basketball Africa League To Participate in Quai 54 Streetball Tournament in Paris

The team representing the BAL will feature standout players from the 2024 season, including 2024 champion and Angolan basketball legend Carlos Morais

For the second consecutive year, the Basketball Africa League (BAL) (https://TheBAL.com/) will participate in the prestigious Quai 54 (https://apo-opa.co/3RBcBdH), the world’s biggest streetball tournament, which will take place on Saturday, June 22 and Sunday, June 23 at Stade Pierre de Coubertin in Paris, France.  The BAL’s participation is part of the…

Afreximbank
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    • Mrs. Kanayo Awani, Executive Vice President of Intra-African Trade and Export Development at Afreximbank, exchanges MoU documents with Mr. Jean Paterne Megne Ekoga, Vice-President of BDEAC, following the signing of a memorandum of understanding to formalize cooperation and collaboration in promoting trade and economic development between the two organisations
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Source: Afreximbank |

Afreximbank and Banque De Dévelopement des Etats de L’Afrique Centrale (BDEAC) sign Memorandum of Understanding (MoU) strengthening their cooperation

The new cooperation framework will pave the way for a programme of structural transformation in the CEMAC region through a combination of infrastructure development, sustainability-linked interventions and trade finance

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Banque De Dévelopement des Etats de L’Afrique Centrale (BDEAC), the regional development finance institution established to promote the development of the Economic and Monetary Community of Central Africa (CEMAC), have entered into a memorandum of understanding (MoU) formalising their cooperation and collaboration in promoting…

Merck Foundation
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    • Senator, Dr. Rasha Kelej, Merck Foundation CEO and H.E. Mrs. MUTINTA HICHILEMA, The First Lady of the Republic of Zambia with Merck Foundation Alumni from Zambia
    • Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day” (1)
    • Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day” (2)
    • Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day” (3)
    • Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day” (4)
    • Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day” (5)
    • Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day” (6)
    • Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day” (7)
    • Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day” (8)
    • Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day” (9)
    • Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day” (10)
    • Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day” (11)
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Source: Merck Foundation |

Merck Foundation Chief Executive Officer (CE0) and Africa First Ladies launch annually, the Awards for Media, Fashion Designers, to raise awareness about Diabetes and Hypertension - An Initiative to mark “World Hypertension Day”

Merck Foundation has in total provided more than 1810 scholarships to doctors from 52 countries in 42 critical and underserved medical specialties

Merck Foundation (www.Merck-Foundation.com) in partnership with African First Ladies and Ministries of Health and Medical societies provided more than 760 scholarships of one-year Post-Graduate Diploma and two-year Master Degree in Preventative Cardiovascular Medicine, Diabetes, Endocrinology, and Obesity and Weight Management to doctors from 52 countries in Africa, Asia and Latin…