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African Development Bank Group (AfDB)

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    • Dr Akinwumi Adesina (right) warns of the impact of non-transparent resource-backed loans on Africa's debt burden. Semafor Summit, Washington DC April 2024 (1)
    • Dr Akinwumi Adesina (right) warns of the impact of non-transparent resource-backed loans on Africa's debt burden. Semafor Summit, Washington DC April 2024 (2)
    • Dr Akinwumi Adesina (right) warns of the impact of non-transparent resource-backed loans on Africa's debt burden. Semafor Summit, Washington DC April 2024 (3)
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Source: African Development Bank Group (AfDB) |

Africa's $824 billion debt burden and opaque resource-backed loans hinder its potential, African Development Bank President warns

The continent would pay $74 billion in debt service payments this year alone, a sharp increase from $17 billion in 2010

Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth, African Development Bank President Akinwumi Adesina (www.AfDB.org) said on Thursday. "I think it's time for us to have debt transparency accountability and make sure that this whole thing of these…

Revna Biosciences

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    • Dr. Yaw Asare-Aboagye, DVM, Board Member, Revna Biosciences
    • Dr Derrick Akpalu, CEO and Co-Founder, Revna Biosciences
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Source: Revna Biosciences |

CORRECTION- Revna Biosciences: A Beacon of Excellence with Dual International Organization for Standardization (ISO) Accreditations in Ghana and West Africa

Revna Biosciences’ accreditation encompasses an extensive array of human sample tests, including those involving urine, swabs, blood, bone marrow, tissue samples, and plasma

Revna Biosciences (www.RevnaBio.com) has carved a niche for itself in Ghana and West Africa by being the first facility in the region to secure dual ISO accreditations: ISO 15189:2022 for clinical diagnostics and ISO 20387:2018 for biobanking. This milestone is a testament to RevnaBio’s unwavering commitment to championing precision medicine…

PalmPay
Source: PalmPay |

PalmPay is recognised by the GSMA as a key contributor to the growth of the African Mobile Money industry in State of the Industry Report

In the report, GSMA praised PalmPay as a “prominent non-MNO-led mobile money provider with a significant market share in Nigeria” and a top driver of financial inclusion in Africa’s $912 billion mobile money industry

PalmPay (www.PalmPay.com), a leading pan-African fintech, has been highlighted by the GSMA in the recently released ‘The State of the Industry Report on Mobile Money 2024’  as a key player driving the adoption of mobile money in Nigeria. In the report, GSMA praised PalmPay as a “prominent non-MNO-led mobile money provider…

Universal Music France
Source: Universal Music France |

Universal Music France and Binetou Sylla, founder of leading independent label Wèrè Wèrè Music partner to lead Def Jam Africa across French-speaking Africa

Universal Music France and producer Binetou Sylla form strategic relationship to lead Def Jam Africa, focusing on further developing French-speaking regional artists globally

Universal Music France (UMF), a division of Universal Music Group (UMG) (www.UniversalMusic.com), the world leader in music-based entertainment, today announced a new strategic relationship with Binetou Sylla, acclaimed producer and founder of leading independent label Wèrè Wèrè Music to lead Def Jam Africa within French-speaking markets on the continent, in…

U.S. Department of State
Source: U.S. Department of State |

United States of America: Principal Deputy Assistant Secretary for Economic and Business Affairs Amy Holman Travel to Abidjan, Côte d’Ivoire

In Abidjan, PDAS Holman delivered a keynote address at a Creative Industries Ecosystem event, hosted in partnership with UNESCO

Principal Deputy Assistant Secretary (PDAS) for Economic and Business Affairs Amy Holman traveled to Abidjan, Côte d’Ivoire April 15-17 to engage with the creative industries and to provide U.S. government support and identify barriers to growth within the intellectual property space for Côte d’Ivoire’s creative economy. In Abidjan, PDAS Holman delivered a keynote address…

Food and Agriculture Organization (FAO)
Source: Food and Agriculture Organization (FAO) |

Food and Agriculture Organization of the United Nations (FAO) warns of maize shortfall across Southern Africa

Recent weather trends associated with El Niño have decimated harvest prospects and point to rising prices and import needs

Cereal production prospects in Southern Africa have taken a sharp turn for the worse since last February, the Food and Agriculture Organization of the United Nations (FAO) warned today (Monday/Tuesday). The foreseen shortfall in production, especially for maize, is expected to intensify households’ food insecurity, push up domestic prices and spur…

Energy Capital & Power
Source: Energy Capital & Power |

Perenco to Sponsor Invest in African Energy (IAE) 2024 Forum, Affirming Status as Africa’s Partner of Choice

The independent hydrocarbon producer is doubling down on hydrocarbon exploration and production across Central Africa, with a focus on maximizing output and fostering synergies

Independent hydrocarbon producer Perenco has joined the Invest in African Energy (IAE) forum as a Silver Sponsor, affirming its commitment to investing in and maximizing Africa’s oil and gas resources. With operations spanning the Democratic Republic of the Congo, Chad, Gabon, Cameroon and the Republic of Congo, Perenco has evolved…

Ministry of Foreign Affairs of the People's Republic of China
Source: Ministry of Foreign Affairs of the People's Republic of China |

China and Angola Hold First Consultation on Human Rights

Special Representative for Human Rights of the Ministry of Foreign Affairs of China Yang Xiaokun and Angolan Secretary of State for Human Rights Ana Celeste Cardoso Januário held a consultation on human rights in Luanda, Angola

On April 17 and 18, 2024, Special Representative for Human Rights of the Ministry of Foreign Affairs of China Yang Xiaokun and Angolan Secretary of State for Human Rights Ana Celeste Cardoso Januário held a consultation on human rights in Luanda, Angola, and they had an exchange of views on…

Ministry of Foreign Affairs of the People's Republic of China
Source: Ministry of Foreign Affairs of the People's Republic of China |

China and Ethiopia Hold First Consultation on Human Rights

They had an exchange of views on their respective human rights concepts, the international human rights situation, and multilateral human rights cooperation

On April 19, 2024, Special Representative for Human Rights of the Ministry of Foreign Affairs of China Yang Xiaokun and Director General of International Organizations of the Ministry of Foreign Affairs of Ethiopia Ayele Lire held a consultation on human rights in Addis Ababa, the capital of Ethiopia, and they…

Ministry of Information, Eritrea
Source: Ministry of Information, Eritrea |

Eritrea: World Malaria Day Observed

At the event, reports were presented focusing on the efforts exerted to control the prevalence of the disease and the challenges encountered

World Malaria Day 2024 was observed at the regional level in Tsaeda Christian under the theme “Let’s Strengthen Our Efforts Against Malaria.” At the event, reports were presented focusing on the efforts exerted to control the prevalence of the disease and the challenges encountered. Mr. Kibreab Tesfamicael, head of malaria…