Source: United Nations High Commissioner for Refugees (UNHCR) |

UNHCR seeks support for refugees and hosts in Ethiopia

Resources are needed to expand existing social services infrastructure in health, education, water and sanitation, environmental protection, social protection and employment

This is a summary of what was said by UNHCR spokesperson Andrej Mahecic – to whom quoted text may be attributed – at today's press briefing at the Palais des Nations in Geneva. UNHCR, the UN Refugee Agency and partners are appealing for robust international support for refugee operations in…

United Nations Capital Development Fund (UNCDF)
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    • Booster Teams to Breach the Rural Frontier of Digital Financial Services (DFS) in Uganda
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Source: United Nations Capital Development Fund (UNCDF) |

Booster Teams to Breach the Rural Frontier of Digital Financial Services (DFS) in Uganda

Since 2014, the UN Capital Development Fund (UNCDF) has worked to improve the financial lives of vulnerable populations in Uganda

Over 75 percent of Ugandans are employed in the agricultural sector – which only accounts for 26 percent of the nation’s GDP. This demonstrates that poverty in Uganda was, and is, mainly rural-based. In order to promote meaningful financial inclusion, UNCDF understood that it needed to directly address the rural…

Standard Chartered
Source: Standard Chartered |

Improving digital access offers greatest private-sector investment opportunity in achieving the SDGs in Africa, says Standard Chartered

The study examines the most impactful opportunities for investing in three infrastructure-focused SDGs in five high-growth markets in Africa

Opportunity2030 study reveals an almost USD200 billion private-sector investment opportunity in contributing to the UN Sustainable Development Goals (SDGs) in five African countries; The study examines the most impactful opportunities for investing in three infrastructure-focused SDGs in five high-growth markets in Africa: Ghana, Kenya, Nigeria, Uganda, Zambia. Opportunity2030: The Standard…

Source: Africa Regional Media Hub |

U.S. International Development Finance Corporation (DFC), Merck for Mothers, Credit Suisse, and USAID seek to expand Lifesaving Medical Products for Mothers in Africa

Project would mark the first investment of The Maternal Outcomes Matter (MOMs) Initiative

U.S. International Development Finance Corporation (DFC), Merck for Mothers, Credit Suisse, and the United States Agency for International Development (USAID) announced that they will pursue supporting LifeBank’s efforts to expand access to lifesaving medical products—namely blood and blood products—for mothers in Africa. Announced at the 2020 World Economic Forum in Davos,…

Source: African Development Bank Group (AfDB) |

African Development Bank President Akinwumi Adesina opens trading on London Stock Exchange

“My ringing of the bell here today, marks the beginning of a new exciting, strategic, and impactful engagement.” – African Development Bank President Akinwumi Adesina

Don Robert, Chairman of London Stock Exchange Group, welcomed the president of the African Development Bank (https://www.AfDB.org/) to open markets for trading at London Stock Exchange on Wednesday 22 January. The reception in London followed the African Development Bank’s Africa Investment Forum, held in November last year. The innovative market-place…

U.S. Embassy and Consulate in Nigeria
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    • USAID Launches ‘Water for Agriculture’ Activity Promotes Livelihoods for Farmers in the Northeast
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Source: U.S. Embassy and Consulate in Nigeria |

USAID launches ‘Water for Agriculture’ Activity promotes livelihoods for farmers in the Northeast

‘Water for Agriculture’ will also improve the capacity of local governments and communities to govern and manage water infrastructure and resources in the region

The U.S. Agency for International Development (USAID) has awarded a three-year, $8 million Cooperative Agreement to Catholic Relief Services (CRS) that will boost the livelihoods of crop and livestock farmers in the conflict-affected states of Borno, Adamawa and Yobe by improving the water supply in crisis-affected zones in northeast Nigeria.…

Source: African Development Bank Group (AfDB) |

Remarks Delivered by Dr. Akinwumi A. Adesina, President of the African Development Bank Group at the London Stock Exchange, London United Kingdom, January 22, 2020

The London Stock Exchange is the 3rd largest in the world with a market capitalization of about $4.6 trillion

Good morning! I would like to thank Don Robert, the Chairman of the London Stock Exchange Group for inviting me to the exchange. It’s great to be here! It’s such an honor and privilege to be asked to open the market today. The London Stock Exchange is the 3rd largest…

African Energy Chamber
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    • Houston based Marathon Oil Corporation to Step Up Investment in Equatorial Guinea Following Meeting with H.E. President Obiang Nguema Mbasogo (1)
    • Houston based Marathon Oil Corporation to Step Up Investment in Equatorial Guinea Following Meeting with H.E. President Obiang Nguema Mbasogo (2)
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Source: African Energy Chamber |

Houston based Marathon Oil Corporation to Step Up Investment in Equatorial Guinea Following Meeting with H.E. President Obiang Nguema Mbasogo

Marathon Oil reiterated its commitment to Equatorial Guinea and towards the development of the country’s Gas Mega Hub

Marathon Oil Corp, one of the biggest energy investors in Equatorial Guinea, has committed to increase its investment in the required infrastructure to support the Government’s vision for the Gas Mega Hub and the Year of Investment initiative following a meeting with H.E. President Teodoro Obiang Nguema Mbasogo. In company…

Source: African Development Bank Group (AfDB) |

Ride the wave of the African Continental Free Trade Area, African Development Bank president Adesina Urges United Kingdom (UK) investors

The Bank’s chief argued that Africa and the UK should be significant trading partners

Africa is on the cusp of unmatched economic transformation, and the UK must engage in a “partnership of change,” African Development Bank (https://www.AfDB.org/) President Akinwumi Adesina said Tuesday in a keynote address at a UK Parliamentary Symposium. “The Africa of the 21st century is very different. The Africa of the…

Source: African Development Bank Group (AfDB) |

Keynote Speech delivered by Dr. Akinwumi A. Adesina at the UK-Africa Investment Summit, “Sustainable Infrastructure Forum”

The Department for International Development (DFID) is a key strategic partner of the African Development Bank

By Dr. Akinwumi A. Adesina Good morning everyone! It’s a pleasure to join you at this special side event organized as part of the UK-Africa Investment Summit. Let me congratulate the organizers, the Department for International Development (DFID) and Her Majesty’s Trade Commissioner for Africa for hosting us today. The…