Source: African Development Bank Group (AfDB) |

International community must act to avert a two-speed global economic recovery post Covid-19

The Compact with Africa is a G20 initiative that promotes private investment in Africa

Heads of international development institutions held a closed-door session with German Chancellor Angela Merkel on Thursday to discuss the uneven global economic recovery, access to vaccines, and strategies to drive a recovery from the Covid-19 crisis. Merkel was joined by the heads of the African Development Bank, World Trade Organization,…

Source: South African Government |

President Cyril Ramaphosa participates in G20 Compact with Africa meeting in Germany, 26-27 Aug

The G20 Compact with Africa (CwA) was initiated under the G20 German Presidency in 2017 to promote private investment into the African continent

President Cyril Ramaphosa will travel to Germany, on Wednesday, 25 August 2021, to attend a G20 Compact with Africa (CwA) meeting in Berlin on 26 and 27 August. President Ramaphosa has been invited by Federal Chancellor Angela Merkel. The G20 Compact with Africa (CwA) was initiated under the G20 German…

African Energy Chamber
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Source: African Energy Chamber |

Positioning Africa as a Green Hydrogen Leader: German Africa Business Forum Promotes Clean Energy, Natural Gas, and the Energy Transition at African Energy Week in Cape Town

Focused on fostering economic growth between Germany and Africa, the Germany Africa Business Forum will host a German Pavilion at African Energy Week in Cape Town, promoting green hydrogen, the energy transition, and natural gas monetization and development

The Germany Africa Business Forum (GABF), a private sector organization committed to enhancing sustainable economic partnerships between Germany and Africa, will host a German Pavilion at African Energy Week (AEW) 2021 in Cape Town. Driving a strong investment narrative, the pavilion is dedicated to promoting Africa’s green hydrogen and natural…

Source: Orange |

Orange Mali and the German Cooperation Inaugurate the 4th Orange Digital Center in Africa and the Middle East, a Center Dedicated to Digital Development and Innovation to Train Young People in Digital Technology and Enhance their Employability

As part of its Corporate Social Responsibility approach, Orange Mali wishes to support new ideas

Today, Orange (www.Orange.com) and the German Cooperation are inaugurating, an “Orange Digital Center” in Bamako, an ecosystem entirely dedicated to the development of digital skills and innovation, attended by the highest political and administrative authorities from Mali, the German Ambassador to Mali, Dr. Dr. Dietrich Pohl and the French diplomatic…

Source: European Investment Bank (EIB) |

Team Europe pledges support for eradicateMalaria, an initiative aiming to facilitate the development and production of a highly efficacious malaria vaccine

The initiative can count on substantial financing by Team Europe, including for the late-stage trials of BioNTech’s project

Backed by the eradicateMalaria initiative, German company BioNTech announces a malaria project consisting of the development of an mRNA-based vaccine against the disease and the evaluation of mRNA vaccine production in Africa; The initiative can count on substantial financing by Team Europe, including for the late-stage trials of BioNTech’s project;…

Source: Germany - Federal Foreign Office |

Statement by Foreign Minister Heiko Maas on the occasion of the UN Security Council Meeting on Libya

The oil shutdown has been lifted, providing an economic lifeline for the Libyan people

During the past year, Libya has come a long way towards peace and unity: An interim executive authority has been selected and approved by the Libyan House of Representatives. Military representatives from both sides have agreed to a ceasefire. And the oil shutdown has been lifted, providing an economic lifeline…

Source: World Food Programme (WFP) |

Germany Provides Support to Vulnerable Communities in Zimbabwe

Beneficiaries receive USD 12 per person, per month to help meet their basic food needs

The Government of Germany, through the German Federal Foreign Office, has contributed EUR 3 million to the United Nations World Food Programme (WFP) in Zimbabwe to support highly vulnerable communities struggling to meet their basic food needs amidst the COVID-19 pandemic. This is part of a EUR 18 million contribution…

Source: European Investment Bank (EIB) |

EIB & KfW welcome progress in Lusaka sanitation project to double network access underway after decade of preparations

The EIB will provide EUR 102.5 million and KfW EUR 33 million (grant) for the overall project

Upgrading sanitation key to improve public health and COVID protection; First financing for EUR 262 million scheme disbursed by EIB (www.EIB.org) and KfW; Team Europe partners welcome scheme’s vision and ambition. New investment to transform public health in the Zambian capital Lusaka by improving access by 525,000 families to sanitation,…

Source: European Investment Bank (EIB) |

EIB & KfW welcome progress in Lusaka sanitation project to double network access underway after decade of preparations

The EIB will provide EUR 102.5 million and KfW EUR 33 million (grant) for the overall project

Upgrading sanitation key to improve public health and COVID protection; First financing for EUR 262 million scheme disbursed by EIB (www.EIB.org) and KfW; Team Europe partners welcome scheme’s vision and ambition. New investment to transform public health in the Zambian capital Lusaka by improving access by 525,000 families to sanitation,…

Source: Hapag-Lloyd |

CORRECTION: Hapag-Lloyd acquires Africa carrier NileDutch

Acquisition supports Hapag-Lloyd’s strategy to grow in Africa

Deal approved by worldwide antitrust authorities and completed between the parties; Acquisition supports Hapag-Lloyd’s (www.Hapag-Lloyd.com) strategy to grow in Africa. Today, Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). After signing a sales and purchase agreement in March, Hapag-Lloyd has now formally…