UN News
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    • © FAO/Michael Tewelde | FAO and partners delivered 262 tonnes of fertilizer to the Tigray region of Ethiopia to aid food production.
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Source: UN News |

Ethiopia: Loan from United Nations Fund Allows Food and Agriculture Organization (FAO) to Scale Up Fertilizers for Farmers in Tigray

Since conflict erupted in November 2020, Tigray and other regions have seen the widespread disruption of agriculture, elevated levels of acute food insecurity, and loss of livelihoods

A $10 million loan from the UN’s Central Emergency Response Fund (CERF) will allow the Food and Agriculture Organization (FAO) to scale up the procurement of fertilizers to support farmers in the restive Tigray region in northern Ethiopia, the agency announced on Monday.  Since conflict erupted in November 2020, Tigray…

Source: Ministero degli Affari Esteri e della Cooperazione Internazionale |

​Somalia Emergency funding from Italian Cooperation in response to the country’s food crisis

The grant will allow the IFRC to support Somalia’s Red Crescent Society in its early response activities to help the vulnerable people most exposed to the food crisis

In response to the long drought affecting the Horn of Africa, and its consequences, Italian Cooperation is providing emergency funding of 500,000 euro for the work of the International Federation of Red Cross and Red Crescent Societies (IFRC) in Somalia. The grant will allow the IFRC to support Somalia’s Red…

Source: U.S. Agency for International Development (USAID) |

U.S. Agency for International Development (USAID) Provides $106 Million to the United Nations World Food Program in South Sudan as Part of New Commitments from the United States to Respond to the Global Food Crisis

With these funds, the U.S. government is supporting WFP to provide food and nutrition assistance to nearly 914,000 crisis-affected people

The United States, through the U.S. Agency for International Development (USAID), is providing $106 million in additional humanitarian assistance through the UN World Food Program (WFP) for the people of South Sudan, who continue to experience the devastating effects of violence, food insecurity, the COVID-19 pandemic, and successive years of…

GE
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    • GE Foundation Announces US$100,000 in Grants to Fund FoodForward SA Efforts in Vulnerable Communities
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Source: GE |

GE Foundation Announces Grant to Support Flood Relief Efforts in South Africa

US$100,000 in Grants to Fund FoodForward SA Efforts in Vulnerable Communities

To mark Mandela Day and highlight the plight of food security, the GE (www.GE.com) Foundation today announced a donation of US$100,000 to support relief efforts in South Africa’s KwaZulu-Natal region, where nearly 125,000 civilians have been displaced following disastrous flooding due to heavy rainfall sustained in April. The donation funded…

Source: The World Bank Group |

Algeria: Strengthening Resilience to Better Address Future Shocks

The hydrocarbon sector will continue to support growth in 2022

Nonhydrocarbon sectors in Algeria are expected to recover to pre-pandemic levels in 2022 and trade and budget balances will also show a marked improvement this year, according to the latest edition of the World Bank’s Algeria Economic Update. Issued in French under the title Renforcer la résilience en période favorable (Strengthening resilience…

Source: The World Bank Group |

Algeria Economic Update: Strengthening Resilience in Favorable Times

The continued rise in global hydrocarbon prices has led to a marked improvement in macroeconomic balances

In 2021, the recovery was driven by the hydrocarbon sector and a stronger recovery in the services sector, despite a drop in agricultural activity. On a full year basis, non-hydrocarbon GDP remained 1.6 percent below its 2019 level, while hydrocarbon GDP approached this level. The recovery in employment opportunities continued…

Cellulant
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    • Accelerating Trade And Investment Between India & Africa; 2nd India - Africa Entrepreneurship & Investment Summit, 1st - 2nd July 2022, Sarova PanAfric Hotel
    • Left to Right; Akshay Grover, Group CEO Cellulant, Vikram Lodha, Founder 360tf & Zak Nason-Giwa, Co-Founder and CEO Goodloans at the 2nd India - Africa Entrepreneurship & Investment Summit held at Sarova PanAfric, Nairobi on the 1st & 2nd of July 2022
    • Akshay Grover, Group CEO Cellulant at the 2nd India - Africa Entrepreneurship & Investment Summit held at Sarova PanAfric, Nairobi on the 1st & 2nd of July 2022
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Source: Cellulant |

Accelerating Trade and Investment between India & Africa

This has opened up a huge opportunity to capitalize on the innovative capacity of entrepreneurs in both regions

A developing entrepreneurial relationship has surfaced in the past several years as a result of the substantial historical, commercial, and cultural ties between Africa and India. This has opened up a huge opportunity to capitalize on the innovative capacity of entrepreneurs in both regions to collaborate and solve urgent problems…

Islamic Development Bank Institute (IsDBI)
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    • New Book Highlights Islamic Development Bank Institute's (IsDBI) Evolution, Honors First President’s Legacy
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Source: Islamic Development Bank Institute (IsDBI) |

New Book Highlights Islamic Development Bank Institute's (IsDBI) Evolution, Honors First President’s Legacy

The new book is the English language translation of the original book first published in Arabic language in 2020

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/)  has released a book which reviews the history and exceptional achievements of the IsDB from a nascent idea till the retirement of its first President, H.E. Dr. Ahmad Mohammad Ali, in 2016. The new book is the English language translation of the original book…

Source: UN Habitat |

African delegates chart the way forward in creating clean cities

The meeting under the aegis of the ACCP was held to exchange knowledge and experiences and create partnerships with people who share the same challenges

A total of 566 participants drawn from 48 countries across the globe took part in a virtual exchange at which recommendations were made on achieving clean cities and shifting towards a circular economy on the African continent. The meeting under the aegis of the African Clean Cities Programme (ACCP) was…

Yellow Card Financial
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    • High Net Worth Individuals, Corporates and Institutions to Benefit from Yellow Card’s Over-The-Counter (OTC) Crypto Desk
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Source: Yellow Card Financial |

High Net Worth Individuals, Corporates and Institutions to Benefit from Yellow Card’s Over-The-Counter (OTC) Crypto Desk

The OTC desk, launched in 2021, provides access to a massive global network in the 16 African countries where the company operates

The African cryptocurrency market is growing rapidly and has become a financial solution for many. While most crypto trading is P2P, few companies have the capacity to cater to high-net-worth individuals and corporates who seek to buy, sell or move large amounts of USDC and USDT stablecoin. Yellow Card Financial,…