Source: African Development Bank Group (AfDB) |

Sahel region: the African Development Bank pledges to mobilise $6.5 Billion in support of the Great Green Wall Initiative

The Great Green Wall’s plan is to plant an 8,000 km long and 15 km wide mosaic of trees, grasslands, vegetation and plants across the Sahara and Sahel

The Sahel region's Great Green Wall Initiative received a major boost from the African Development Bank (www.AfDB.org) on Monday. During a forum hosted by French President Emmanuel Macron and His Royal Highness the Prince of Wales, the Bank pledged to assist in mobilising up to $6.5 billion over five years,…

African Energy Chamber
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    • Angolan Legal Reform Shows How Africa Can Use Oil and Gas As a Springboard Towards Job Creation— But Only if It Looks Beyond the Obvious Options (By NJ Ayuk) [1]
    • Angolan Legal Reform Shows How Africa Can Use Oil and Gas As a Springboard Towards Job Creation— But Only if It Looks Beyond the Obvious Options (By NJ Ayuk) [2]
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Source: African Energy Chamber |

Angolan Legal Reform Shows How Africa Can Use Oil and Gas as a Springboard Towards Job Creation — But Only if It Looks Beyond the Obvious Options (By NJ Ayuk)

Africa’s oil and gas resources have the potential to accomplish so much good for the continent’s people

By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org) For decades, many of Africa’s oil- and gas-producing states followed a predictable pattern. They treated their oil and gas primarily as raw materials that could be sold abroad for a quick profit, rather than as a means of supporting efforts to…

The Natural Diamond Council (NDC)
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    • True Empowerment for Each and Every One of Us Begins With Equality
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    • Petrus Teofelus
    • Joseph Kunyenga, production manager at by Schachter & Namdar says that the quality and productivity of the company has improved since people living with a disability were invited to join their workforce
    • Sebastian Joseph
    • Ruben Uheua, 62, was trained as a diamond polisher by Schachter & Namdar when he was in his fifties. Colleagues call him ‘grandfather’
    • Teopolina Sheveenyena
    • At Schachter & Namdar Namibia, a third of employees are disabled. Since proactively hiring from within Namibia’s disabled community, productivity has increased, and quality of work has improved
    • Anna Marie Johnson, 26, is now a skilled diamond polisher at Schachter & Namdar, Namibia (1)
    • Anna Marie Johnson, 26, is now a skilled diamond polisher at Schachter & Namdar, Namibia (2)
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Source: The Natural Diamond Council (NDC) |

The Natural Diamond Manufacturer That Sparkles with Opportunity

Today, over a third of the company’s employees are living with a disability

Of Namibia’s 2.5 million population, more than half are unemployed and more than 100,000 live with some form of disability, putting them at an even greater disadvantage when it comes to job opportunities. One natural diamond cutting, and polishing company decided to do something about it. The project began in…

Source: Africa Islamic Economic Foundation (AFRIEF) |

HexGn & Africa Islamic Economic Foundation (AFRIEF) Team up to Train 100,000 Youth in Africa for Innovation Economy

The program would empower participants to identify and make the most of upcoming opportunities that will move them towards aspirational employment

HexGn, a consulting firm known for fast-tracking entrepreneurship and upcoming technologies globally, has joined hands with the Africa Islamic Economic Foundation (AFRIEF) (www.AFRIEF.org) to launch its flagship start-up program, HexGn Start-up Explore, in Africa to accelerate the careers of African youth, including students, and graduates towards the innovation economy. HexGn Start-up Explore, is…

Source: International Labour Organisation (ILO) |

COVID-19 drives wages down, new International Labour Organization (ILO) report finds

The wages of women and low-paid workers have been disproportionately affected by the crisis

A new report by the International Labour Organization (ILO) has found that monthly wages fell or grew more slowly in the first six months of 2020, as a result of the COVID-19 pandemic, in two-thirds of countries for which official data was available, and that the crisis is likely to…

Source: African Development Bank Group (AfDB) |

African Development Bank Board approves People Strategy for 2021-2025

The strategy seeks to tap the Bank’s human capital – its most valuable resource – to deliver, through the institution’s projects, optimal development results for the people of Africa

The Bank’s Board (www.AfDB.org) has approved a new People Strategy for the next five years, designed to enhance the Bank’s standing as the continent’s premier development institution. The strategy seeks to tap the Bank’s human capital – its most valuable resource – to deliver, through the institution’s projects, optimal development…

Federated Commodities
Source: Federated Commodities |

Now is the Time for Partnership to Transform Africa's Cocoa Industry

Cocoa farmers only earn about 6% of the chocolate industry’s total revenues

Recent studies criticising the global chocolate industry for exploitative practices have concerned ethical consumers. Cocoa farmers only earn about 6% of the chocolate industry’s total revenues. Leading chocolate companies have since 2001 made pledges to end widespread abusive labour practices, but continue to fall short. In Ghana, local firm Federated…

MIE Events DMCC
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    • Dozens of Distinguished Guests Join Opening Ceremony and Conference of Shanxi Brands Online Tour on the Silk Road (Middle East and Africa) 2020! (1)
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    • Dozens of Distinguished Guests Join Opening Ceremony and Conference of Shanxi Brands Online Tour on the Silk Road (Middle East and Africa) 2020! (4)
    • Dozens of Distinguished Guests Join Opening Ceremony and Conference of Shanxi Brands Online Tour on the Silk Road (Middle East and Africa) 2020! (5)
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    • Dozens of Distinguished Guests Join Opening Ceremony and Conference of Shanxi Brands Online Tour on the Silk Road (Middle East and Africa) 2020! (9)
    • Dozens of Distinguished Guests Join Opening Ceremony and Conference of Shanxi Brands Online Tour on the Silk Road (Middle East and Africa) 2020! (10)
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Source: MIE Events DMCC |

Dozens of Distinguished Guests Join Opening Ceremony and Conference of Shanxi Brands Online Tour on the Silk Road (Middle East and Africa) 2020!

More than a hundred representatives of outstanding Shanxi brands attended the offline conference and hundreds of overseas companies and buyers joined the event through the Online Platform

CCPIT Shanxi, a government body, organized the Shanxi Brands Online Tour on the Silk Road (Middle East and Africa) 2020 which is held offline on 24 November 2020 in Shanxi Province, China as well as on the GTW – Virtual Exhibition Platform. This high level event was graced and attended…

Source: African Economic Research Consortium |

African Economic Research Consortium to Host a Virtual Plenary Session on: COVID-19 Pandemic and Public Finance in Africa: Challenges and Opportunities

Economists, Researchers and Policymakers Examine the Appropriate Course of Actions that African Governments can Pursue to Manage the Effects of the Pandemic and Post-Covid19 Economic Recovery

African Economic Research Consortium (AERC) (https://AERCAfrica.org) will host its 53rd Plenary Session on the theme on the “Impact of Covid-19 Pandemic and Public Finance in Africa – Challenges and Opportunities” on December 7, 2020. The sessions will be held virtually where researchers, academics, policy makers, and non-state actors will discuss the…

Arab Petroleum Investments Corporation (APICORP)
Source: Arab Petroleum Investments Corporation (APICORP) |

Arab Petroleum Investments Corporation (APICORP) highlights the economic opportunities and challenges for MENA countries under COVID-19

These opportunities include bringing production closer to consuming markets and increasing digitalization of the economy

Fiscal stimulus and productive debt represent a game-changing opportunity for technological upgrades as digital transformation sweeps the region; Opportunities in re-shored production and manufacturing as global value chains shift; GCC banks are relatively well positioned to weather the storm, with a combined USD2.3 trillion in assets at the end of…