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Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Global Green Growth Institute (GGGI) Form Strategic Partnership for Sustainable Economic Growth (1)
    • The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Global Green Growth Institute (GGGI) Form Strategic Partnership for Sustainable Economic Growth (2)
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Global Green Growth Institute (GGGI) Form Strategic Partnership for Sustainable Economic Growth

The partnership encompasses linking ICIEC's credit and political risk insurance tools to funds, transactions, and projects in common Member and Partner States

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a multilateral credit and political risk insurer and a member of the IsDB Group, and the Global Green Growth Institute (GGGI), forged a transformative partnership by signing a Memorandum of Understanding (MoU) during COP 28. The MoU…

European Investment Bank (EIB)
Source: European Investment Bank (EIB) |

European Investment Bank and Bank of Kigali outline EUR 100 million plan to enable Rwandan farmers adapt to climate change

Agriculture is a key part of Rwanda’s economy, contributing to over 60% of total employment

New agriculture and agri-business climate finance to support farmers and agri-businesses prepare for extreme weather, increased drought and increased rains; largest ever EIB (https://www.EIB.org) backing for business investment in Rwanda; initiative to increase access to climate finance by women owned businesses; new partnership announced at COP28 as a model for climate…

African Development Bank Group (AfDB)

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    • Conference of Parties (COP 28): African Development Bank’s $1 billion insurance facility to protect millions of farmers in Africa
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Source: African Development Bank Group (AfDB) |

Conference of Parties (COP 28): African Development Bank’s $1 billion insurance facility to protect millions of farmers in Africa

“Over 97% of farmers in Africa do not have agricultural insurance. Their only insurance is to pray”— Adesina

The African Development Bank Group (www.AfDB.org) has presented its planned $1 billion facility to provide insurance to more than 40 million farmers across the continent against severe impacts of climate change. The facility was widely praised by the World Food Programme (WFP), development agencies, insurance companies and the private sector during a…

The Presidency, Republic of Ghana
Source: The Presidency, Republic of Ghana |

Ghana: The Application Of Smart Solutions To Agriculture Is The Key To Achieving Food Sufficiency – VP Bawumia

Ghana’s experience on the Agriculture front in the past six years demonstrates government's unwavering commitment to transform the sector and place it on a sound footing for accelerated development

The targeted interventions and programmes initiated by Government in the Agriculture sector since 2017 continue to yield significantly positive results and, with comprehensive reviews and upscaling, the objective of food security and resilience should be achieved in the near future, Vice President Bawumia has stated. The application of smart solutions…

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

Eritrea: The Ministry of Agriculture Central Zone Branch Promotes Organic Farming

This goal takes the agricultural practices to a new level of safe and nutritious product

The Ministry of Agriculture; over the last three years has been working strongly toward the transformation of farming practices from chemical-based to organic-based or environmentally friendly Agriculture. This goal takes the agricultural practices to a new level of safe and nutritious product. In connection with this, the Ministry through its…

Afreximbank
Source: Afreximbank |

Intra-African Trade Fair (IATF2023) exceeds targets with recorded deals worth up to US$43.8 billion

130 countries participated in the trade fair, which attracted 1,939 exhibitors and 28,282 participants who attended physically and through the IATF virtual platform

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) announces that the third Intra-African Trade Fair (IATF2023) held in Cairo from 9 to 15 November witnessed the conclusion of business deals and transactions valued at US$43.8 billion. In final tallies released in Cairo, the organisers of the continental event said that the amount represented…

AstraZeneca
Source: AstraZeneca |

Artificial Intelligence (AI) to optimise AstraZeneca’s reforestation programme in Africa

Designed using a science-based approach and harnessing new technological innovations, the programme aims to promote long-term tree health, increase biodiversity of flora and fauna, and generate an economic boost for local communities

AI deep learning model to monitor tree health, long-term survival and carbon sequestration; Commitment to plant and maintain up to six million trees in Kenya in support of climate action, human health and community resilience. As part of its flagship AZ Forest programme, AstraZeneca has made a pledge to plant…

African Development Bank Group (AfDB)

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    • The African Development Bank will contribute to a significant improvement in access to transport and energy for Malawians over the next five years (2023-2028)
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Source: African Development Bank Group (AfDB) |

Malawi: African Development Bank prioritizes energy, transport, water and agriculture in its country strategy for 2023-2028

The Bank will continue to deepen its engagement with Malawi to further consolidate development impacts as envisioned in “Malawi Vision 2063

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved the Country Strategy Paper (CSP) 2023-2028 for Malawi on 16 November 2023. The strategy focuses on two priority areas: improving economic infrastructure to develop the industrial sector by investing in energy, transport, water, sanitation, and hygiene, and supporting…

Verdant Capital

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    • Verdant Capital has advised a leading United Kingdom (UK) private equity firm on the sale of Biyinzika Poultry International Limited
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Source: Verdant Capital |

Verdant Capital has advised a leading United Kingdom (UK) private equity firm on the sale of Biyinzika Poultry International Limited

The transaction reinforces Verdant Capital’s position as a leading advisor to private equity clients in Africa

Verdant Capital (www.Verdant-Cap.com) has advised a leading UK private equity firm on the sale of Biyinzika Poultry International Limited (“BPIL”), a vertically integrated poultry business in Uganda, to an investor consortium including a US single-family office and a regional industry executive. The sale represented a 100% interest in BPIL.  BPIL…

Bureau Veritas

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    • Bureau Veritas - Watch the Recap Video
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    • Mr. Bertrand Martin, Senior Vice-President for Bureau Veritas Africa and Chairman of the Testing, Inspections and Certifications (TIC) Council for Africa
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Source: Bureau Veritas |

Driving food security with appropriate conformity and compliance standards across Africa and beyond

Supporting agriculture on the continent using state-of-the-art testing methods and new technologies: enabling drones and satellites to map fertility, increase production and optimize fertilizers and pesticides

Bureau Veritas (https://apo-opa.co/47xOR07), a world leader in testing, inspection, and certification services and with a large global and African footprint of some 35 countries, proudly shared expertise in support of agricultural productivity and export trade at the Intra-Africa Trade Fair (IATF) in Egypt which ran from on 9th to 15th November.…