Afreximbank
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    • H.E. Dr. Jean Kaseya, Director General, Africa CDC (left) shakes hands with Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank
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Source: Afreximbank |

Afreximbank and Africa CDC pledge US$2 billion facility in support of Africa Health and Pharmaceutical Products Manufacturing

Afreximbank has committed a US$ 2 billion facility to the “Africa Health Security Investment Plan” to support the health product manufacturing ambition of the continent

African Export-Import Bank (“Afreximbank” or “the Bank”) (www.Afreximbank.com) and the Africa Centers for Diseases Control and Prevention (Africa CDC) have renewed their partnership with a new cooperation agreement announced today on the sidelines of the Global Forum for Vaccine Sovereignty and Innovation in Paris, France. Through this collaboration, Afreximbank has…

Orange Middle East and Africa
Source: Orange Middle East and Africa |

Orange Energies opens up its digital platform, Orange Smart Energies, to enable all energy producers to secure their revenues and further support energy inclusion

Orange Smart Energies is a software platform now open to all energy producers in Africa and the Middle East that guarantees payment by their customers via mobile money

Orange Energies announces it is opening up its digital platform Orange Smart Energies to all energy producers in Africa. The goal is to increase energy inclusion by providing easy, prepaid access to energy through solar kits and smart meters. This IOT platform provides a solution to the profitability challenges faced by…

African Development Bank Group (AfDB)
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    • African Development Bank and the International Committee of the Red Cross (ICRC) stress co-creation to build resilience in Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank and the International Committee of the Red Cross (ICRC) stress co-creation to build resilience in Africa

The exchange highlighted the importance of strategic partnerships to reduce humanitarian funding gaps in the medium to long-term by pursuing a shared preventive and resilience building approach

Following the signing of a Memorandum of Understanding between the African Development Bank (www.AfDB.org) and the International Committee of the Red Cross (https://apo-opa.co/4cuqbYu) in December 2023, representatives of both institutions met in Abidjan to take stock of progress and to further strengthen the strategic partnership. The ICRC team led by…

Vantage Capital Group
Source: Vantage Capital Group |

Vantage Capital provides $47.5m of mezzanine funding for Centum’s Two Rivers International Finance & Innovation Centre

Vantage’s investment will facilitate the acquisition and renovation of a 14,975 sqm office tower, as well as the development of two Grade A office towers with a combined gross leasable area of 76,800 sqm

Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, has provided $47.5m of mezzanine funding for Two Rivers International & Innovation Centre (TRIFIC SEZ), a first of its kind services-oriented business park in a special economic zone located within the prestigious diplomatic blue zone of Nairobi, Kenya. The promoter of the…

Afreximbank
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    • Dr. Jean Kaseya, Director General of Africa CDC exchanges the signed Cooperation Agreement documents with Prof. Benedict Oramah, President and Chairman of Board of Directors of Afreximbank
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Source: Afreximbank |

Afreximbank and Africa Centres for Disease Control and Prevention (CDC) join hands to strengthen health systems in Africa

They will develop and implement priority initiatives to advance Africa’s unique healthcare manufacturing sector and promote innovative financing mechanisms to support health research and development initiatives in African countries

On June 4, 2024, African Export-Import Bank (Afreximbank or the Bank) (www.Afreximbank.com) entered into a Cooperation Agreement with the Africa Centres for Disease Control and Prevention (Africa CDC) to leverage their strengths in boosting health systems across Africa and improving the livelihoods of African citizens. This milestone agreement underscores the…

African Energy Chamber
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    • Situmbeko Musokotwane, Zambia’s Minister of Finance and National Planning
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Source: African Energy Chamber |

Zambia’s Finance Minister Joins African Energy Week (AEW) 2024 Amid Calls for Foreign Investment in Untapped Energy Opportunities

During the upcoming African Energy Week: Invest in African Energy, Situmbeko Musokotwane will engage with a suite of global investors as the country moves to unlock the full potential of its energy industry

Zambia’s Minister of Finance and National Planning Situmbeko Musokotwane will speak at the upcoming African Energy Week (AEW): Invest in African Energy conference – Africa’s premier energy event, scheduled for November 4-8 in Cape Town. Through his participation, Minister Musokotwane will provide strategic insights into investment opportunities across Zambia’s energy…

Afreximbank
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    • The Pan-African Business and Development Awards, held on the sidelines of the Afreximbank Annual Meetings 2024, are designed to celebrate and recognise transformative businesses and financial institutions within the African continent
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Source: Afreximbank |

Transformational companies recognised during Afreximbank’s Annual Meetings 2024 in Nassau, The Bahamas

African Export-Import Bank (Afreximbank) hosted the second edition of the Pan-African Business and Development Awards in association with the Business Council for Africa

The second edition of the awards ceremony comes as African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is promoting stronger ties between Africa and the Diaspora, in a push for a Global Africa; ARISE Integrated Industrial Platforms (ARISE IIP), received the Pan African Business of the Year award for advancing industrialisation, export development, and…

Source: President of the Republic of Kenya |

Kenya: Finance Bill Amendments

The Finance Bill has been amended to remove the proposed 16 per cent VAT on bread, transportation of sugar, financial services, foreign exchange transactions as well as the 2.5 per cent Motor Vehicle Tax

Kenya Kwanza Parliamentary Group met at State House Nairobi on Tuesday. MPs and Senators were taken through the changes made to the Finance Bill 2024 by Finance Committee Chairman Kimani Kuria. Speaking at the meeting, President William Ruto said the changes to the Finance Bill have taken into account the…

African Development Bank Group (AfDB)
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    • G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives (1)
    • G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives (2)
    • G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives (3)
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Source: African Development Bank Group (AfDB) |

G-7 leaders reaffirm support for billion-dollar infrastructure programme for Africa; pledges more support to African Development Bank-backed initiatives

African Development Bank had invested over $50 billion in quality infrastructure in Africa over the past eight years

G-7 leaders meeting at their summit in Puglia, Italy have reaffirmed support for multi-billion-dollar infrastructure projects across Africa to realise the continent’s economic potential and transformation. US President Joseph Biden and current G-7 President, the Italian Prime Minister Giorgia Meloni, co-chaired a special ad hoc meeting on the sidelines of…

United Nations Capital Development Fund (UNCDF)
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    • Fight against desertification strengthens community ties and boosts local economy in Niger
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Source: United Nations Capital Development Fund (UNCDF) |

Fight against desertification strengthens community ties and boosts local economy in Niger

UNCDF, through the LoCAL Facility, provides financial and technical support to the local level, drawing on a global, regional and national network, to channel climate financing to local authorities like Abalak

Climate change, irregular rainfall and lack of water has led to successive crop failures in the rural village of Zorian, which lies some 650 km northeast of Niamey the capital of Niger, in the heart of the arid West African Sahel. With each poor harvest residents say the community loses…