African Development Bank Group (AfDB)
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    • African Development Bank and InterAmerican Development Bank Welcome International Monetary Fund’s (IMF) Executive Board’s Decision Approving Use of Special Drawing Rights (SDRs) for Hybrid Capital Instruments
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Source: African Development Bank Group (AfDB) |

African Development Bank and InterAmerican Development Bank Welcome International Monetary Fund’s (IMF) Executive Board’s Decision Approving Use of Special Drawing Rights (SDRs) for Hybrid Capital Instruments

The SDR-hybrid-capital based solution proposed by the African Development Bank and the Inter-American Development Bank meets the IMF’s statistical criteria for international reserve-asset status

IMF approval allows countries to channel Special Drawing Rights (SDRs) through multilateral development banks; AfDB-IDB (www.AfDB.org) financial instruments could leverage SDRs by up to four times their value in the form of loans to finance social and climate projects. The African Development Bank Group (AfDB) and the Inter-American Development Bank…

Source: Afreximbank |

Afreximbank announces launch of CANEX Prize for Publishing in Africa

Priority will be given to books printed and produced on the African continent as well as to books published in indigenous African languages

Afreximbank (www.Afreximbank.com) has officially announced the launch of the CANEX Prize for Publishing in Africa, a partnership between the CANEX Book Factory and the Narrative Landscape Press Limited. The CANEX Book Factory, a key intervention under the CANEX programme, aims to promote a vibrant literary culture across Global Africa and encourage…

African Energy Chamber
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    • Africa-Paris Declaration on Energy Transition, Climate Justice and Energy Poverty
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Source: African Energy Chamber |

Africa-Paris Declaration on Energy Transition, Climate Justice and Energy Poverty

The declaration aligns Africa’s position on the global energy transition and climate justice debate, following the conclusion of the Invest in African Energy forum in Paris

African civil society, human rights groups, environmental groups, governments and the private sector stand firm in their commitment to align Africa's efforts in combating energy poverty and fostering industrialization, all while advocating for a just energy transition and ensuring climate justice. This steadfast commitment was underscored by the conclusion of…

Source: South African Rugby |

Second Springbok alignment camp kicks off in Cape Town

The camp follows on a two-day coaches’ strategic session hosted last weekend where the building blocks were put in place for the camp

The Springboks will kick off their second in-person alignment camp in Cape Town on Wednesday – a month before their opening Test of the season against Wales in London on 22 June – with a group of 38 players assembling for the two-day camp. The first alignment camp was hosted…

Merck Foundation
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    • Merck Foundation CEO & Zambia First Lady announce Zambian Winners of their Media Awards
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Source: Merck Foundation |

Merck Foundation Chief Executive Officer (CEO) & Zambia First Lady announce Zambian Winners of their Media Awards to break Infertility Stigma, Support Girl Education and Diabetes- Hypertension awareness

The winners were announced and acknowledged by Senator, Dr. Rasha Kelej, CEO of Merck Foundation and President of “More Than a Mother” campaign

Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany, in partnership with He ,announced the Zambian winners of Merck Foundation Africa Media Recognition “More Than a Mother” Awards 2023 and “Diabetes and Hypertension” Awards 2023. Winners from the rest of the Africa were also announced, in partnership with African…

Source: Afreximbank |

Afreximbank and MobiHealth Sign Project Preparation Facility to Drive Digital Healthcare Solutions Across Africa

MobiHealth’s platform utilizes local and diaspora medical professionals who are able to diagnose and prescribe to patients remotely

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and MobiHealthCare Limited (MobiHealth) have signed a project preparation facility agreement that is expected to bolster the expansion of Mobihealth’s telemedicine services in Nigeria, and also assess the feasibility of establishing similar services in Egypt, Ghana, Kenya and Cote d’ Ivoire. Under the terms of…

Africa Finance Corporation (AFC)
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    • Africa Finance Corporation (AFC) has been bestowed the Panafrican Champion award at the just concluded 2024 Africa CEO Forum in Kigali, Rwanda (1)
    • Africa Finance Corporation (AFC) has been bestowed the Panafrican Champion award at the just concluded 2024 Africa CEO Forum in Kigali, Rwanda (2)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) bestowed Panafrican Champion at the 2024 CEO Forum Awards

AFC's receipt of the Panafrican Champion Award underscores its commitment to pioneering projects that address the continent's critical infrastructure needs

Africa Finance Corporation (AFC) (www.AfricAFC.org), the continent’s leading infrastructure solutions provider, has been bestowed the Panafrican Champion award at the just concluded 2024 Africa CEO Forum in Kigali, Rwanda. This accolade recognises AFC's outstanding contribution to the instrumental development and integration of infrastructure and industrial value chains across the African…

African Development Bank Group (AfDB)
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    • From left to right: Serge N'Guessan, Managing Director of the Bank for Central Africa; Olga Ghislaine Ebouka-Babackas, Minister of Planning, Statistics and Regional Integration and Governor of the Bank for Congo; Jean-Jacques Bouya, Minister of State, Minister of Regional Planning, Infrastructure and Road Maintenance and Marie-Laure Akin-Olugbade, Vice-President of the Bank Group in charge of Regional Development, Integration and Service Delivery, along with colleagues
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Source: African Development Bank Group (AfDB) |

Congo lauds partnership with African Development Bank, seeks enhanced climate funding

The Bank also funded fiber-optic networks connecting Congo to Cameroon and the Central African Republic and is financing studies for a road-rail bridge between the two Congos

The Congolese government has lauded the African Development Bank Group for its vital support to the nation’s development, particularly in infrastructure, where the Bank stands as the country’s key partner. Government representatives gave the commendation during a three-day visit by the African Development Bank Group’s Vice-President for Regional Development, Integration…

Basketball Africa League (BAL)
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    • BAL Season Finales Hype Video (Credit: Basketball Africa League) (EN)
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    • Adekunle Gold, The Ben, Chris Eazy, Alyn Sano to headline entertainment at Basketball Africa League’s (BAL) Finale in Rwanda (1)
    • Adekunle Gold, The Ben, Chris Eazy, Alyn Sano to headline entertainment at Basketball Africa League’s (BAL) Finale in Rwanda (2)
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Source: Basketball Africa League (BAL) |

Adekunle Gold, The Ben, Chris Eazy, Alyn Sano to headline entertainment at Basketball Africa League’s (BAL) Finale in Rwanda

Fans can expect some of the biggest Rwandan artists on stage and curated music experience from some of the city’s hottest such as DJ Sonia & Hottempah Collective and an international DJ, Fully Focus (Kenya)

The Basketball Africa League (BAL) (https://BAL.NBA.com) today announced the lineup of artists and entertainers who will headline the entertainment at the BK Arena when the BAL Playoffs & Finals tips off on May 24 in Kigali, Rwanda. Nigerian global superstar Adekunle Gold will grace the stage alongside some of Rwanda’s…

Liquid Intelligent Technologies
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    • Liquid Intelligent Technologies and Eutelsat Group bring LEO satellite services to Africa
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Source: Liquid Intelligent Technologies |

Liquid Intelligent Technologies and Eutelsat Group bring Low Earth Orbit (LEO) satellite services to Africa

The strategic integration of the OneWeb LEO satellites present a paradigm shift in satellite technology, offering lower latency, faster orbital periods, and higher bandwidth

Liquid Intelligent Technologies (https://www.Liquid.Tech), a pan-African technology group, announces a distribution partner agreement (DPA) with Eutelsat Group that will see enterprise-grade Low Earth Orbit (LEO) satellite services being made available in Africa. Eutelsat Group is the world's first satellite operator with an integrated GEO-LEO infrastructure. “Liquid has always been committed…