Source: United Nations Economic Commission for Africa (ECA) |

Member States urged to explore non-traditional sources of financing in Central Africa

Mr. Pedro argued if all of these resources were to be properly monetized they could be used as financial assets in the pursuit of resource-driven Industrialisation

“Financing industrialization is not only about chasing money,” said Antonio Pedro, Director of the ECA Subregional Office for Central Africa. “We need to look at the soft and hard infrastructure that will then create the necessary enablers for money to flow,” he stated in N’Djamena on 19 September during a…

Source: African Development Bank Group (AfDB) |

African Development Bank and Purdue University to hold conference on successful technologies for African farmers

The Scale Up Conference will bring together hundreds of individuals and organizations engaged in the introduction, diffusion, and adoption of agricultural innovations that have the potential to reach millions

African Development Bank and Purdue University to hold conference on successful technologies for African farmers: From:               25/09/2018 To:                   27/09/2018 Location:          Purdue University in West Lafayette, Indiana The African Development Bank  (www.AfDB.org )  and Purdue University are organizing the Scale Up Conference on Agricultural Innovations (https://AG.Purdue.edu/scaleup/Pages/about.aspx) from September 25-27, 2018,…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank Convenes Climate Change Seminar on Gender Mainstreaming for African Group of Negotiators

The training will also address the needs and perspectives of women and men in policymaking and the United Nations Framework Convention on Climate Change processes, adopted on 9 May 1992

African Development Bank Convenes Climate Change Seminar on Gender Mainstreaming for African Group of Negotiators:                         Date: 27 September, 2018                         Location: Le Ndiambour Hotel, Dakar, Senegal The African Development Bank (www.AfDB.org)  will conduct a seminar on gender mainstreaming in climate negotiations for the African Group of Negotiators (AGN) in…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Integrity in Development Projects: African Development Bank Debars GEO SCIENCES for 48 Months for Fraudulent Practices

The Office of Integrity and Anti-Corruption of the African Development Bank found the company to have engaged in numerous fraudulent practices

The African Development Bank Group (www.AfDB.org) on 20 September 2018, announces the debarment of GEO SCIENCES INTERNATIONAL SARL, a consulting firm based in Yaoundé, Cameroon, for a minimum period of 48 months. An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that GEO SCIENCES engaged in numerous…

Source: United Nations Economic Commission for Africa (ECA) |

African Continental Free Trade Area (AfCFTA) will spur Africa’s industrialization and economic development, says Economic Commission for Africa (ECA’s) David Luke

The AfCFTA helps promote the type of trade that produces sustainable growth, creates jobs for Africa’s youth, and establishes opportunities for nurturing Africa’s businesses and entrepreneurs

The African Continental Free Trade Area (AfCFTA) is a tool that countries can use to create opportunities for African businesses and through them drive the continent’s industrialization, economic diversification and development, says David Luke, Coordinator of the Africa Trade Policy Centre (ATPC) at the Economic Commission for Africa (ECA). In…

Source: African Development Bank Group (AfDB) |

African Development Bank President Adesina urges Canada to be present at Africa’s investment table

Adesina made the call while meeting with 80 leading representatives of the Canada-Africa Chamber of Commerce in Toronto

African Development Bank President (www.AfDB.org), Akinwumi Adesina, on Wednesday urged Canadian business leaders to “be part of the action and seize investment opportunities on the continent.” Adesina made the call while meeting with 80 leading representatives of the Canada-Africa Chamber of Commerce in Toronto. Promoting the Bank’s upcoming Africa Investment…

Source: African Development Bank Group (AfDB) |

African Development Bank, mariner investment group, and africa50 price landmark $1 billion impact securitization

Structured as a synthetic securitization by Mizuho International, Room2Run transfers the mezzanine credit risk on a portfolio of approximately 50 loans from among the African Development Bank’s non- sovereign lending book, including power, transportation, financial sector, and manufacturing assets

With “Room2run,” AfDB Launches Securitization Market for Multilateral Development Bank Sector Transaction is in Direct Response to G20 Action Plan for Mdb Balance Sheet Optimization AfDB Commits to Reinvest freed up Capital into New African Infrastructure Lending, Making Room2run one of the Largest Impact Investments ever Transaction is supported by…

Africa Adaptation Initiative
Source: Africa Adaptation Initiative |

Africa Adaptation Initiative: A Response to Africa Biggest Challenge

This will be an opportunity to consider the most effective measures to help close the Adaptation Gap in Africa, which experts estimate to be between USD 7 billion and 15 billion per year by 2020, increasing thereafter

The first Africa Adaptation Initiative (AAI) Partners (http://AfricaAdaptationInitiative.org/rt/) Roundtable Meeting will take place on Monday 24 September 2018, from 10.30 a.m. – 11.30 a.m. in New-York at the UN Secretariat Conference Room 5, in margins of 73rd UN General Assembly (UNGA). This is jointly hosted by the Gabonese Government, on…

PricewaterhouseCoopers LLP (PwC)
Source: PricewaterhouseCoopers LLP (PwC) |

Africa’s entertainment and media industry enters dynamic new wave of convergence – 3.0

By 2022, total E&M revenue in South Africa is expected to reach R177.2 billion, up from R129.2 billion in 2017

Africa’s entertainment and media industry has entered a dynamic new phase - a third wave of convergence. The borders that once separated the entertainment and media (E&M), technology and telecommunications industries are blurring in the battle for the attention of the consumer in a world that is rapidly digitising. As…

Malta Blockchain Summit
Source: Malta Blockchain Summit |

Blockchain in Africa: The next frontier

An interview with John Kamara, Director for Global Gaming Africa, on how Africa has embraced Blockchain technology, by Katy Micallef

What kind of solutions can blockchain technology offer the continent? Is Africa on the road to becoming a blockchain hub? Africa is rising and technology is at the forefront of our growth as a continent. We have seen the explosion of the mobile space in the continent and how it…