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Stellantis
Source: Stellantis |

With Important Product-Led Transition Year Underway, Stellantis Delivers €5.6 Billion Net Profit, €8.5 Billion Adjusted operating income⁽¹⁾ (AOI⁽¹⁾) and 10% AOI Margin⁽²⁾ in the First Half of 2024

The Company plans no fewer than 20 new product launches in 2024, including 10 that have started production already in the first half of the year

Net revenues of €85.0 billion, down 14% compared to H1 2023, primarily due to the decline in volume and mix; Net profit of €5.6 billion, down 48% compared to H1 2023, primarily due to lower volume and mix, headwinds from foreign exchange and restructuring costs; Adjusted operating income(1) of €8.5…

The Presidency, Republic of Ghana
Source: The Presidency, Republic of Ghana |

Ghana: Bawumia donates Pickup to Hilla Limann Senior High School

The NPP flagbearer promised to provide the vehicle to the only Senior High School in the Sissala West District in response to a request by the late Paramount Chief of Gwollu, Kuri-Biktie Limann IV, made just before he passed away

The Vice President, Dr. Mahamadu Bawumia, who is also the Presidential Candidate of the NPP, has donated a Pickup vehicle to the Hilla Limann Senior High School at Gwollu in the Upper West Region. The NPP flagbearer promised to provide the vehicle to the only Senior High School in the…

East African Community
Source: East African Community |

East African Community Embarks on the Upgrade of the Lwakhakha Border to One-Stop Border Post to Decongest the Busia and Malaba Border Posts

The upgrade is expected to reduce the traffic from Malaba and Busia OSBPs boost trade along the Northern Corridor and improve cross-border security

The East African Community (EAC) together with the Republics of Kenya and Uganda are in the process of upgrading the Lwakhakha border post on the common border between the two Partner States into a One-Stop Border Post (OSBP) as part of efforts to reduce congestion at the Busia and Malaba…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (6)
    • As the sole operator of ports, railways and oil pipelines, Transnet holds a unique position in the freight logistics sector in South Africa and the Southern African Development Community (SADC) region
    • South Africa boasts the highest level of railway infrastructure in Africa, covering around 30,000 km. It ranks as the world’s 14th largest in length and is notably well-developed compared to other emerging markets
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (1)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (2)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (3)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (4)
  • All (6)
Source: African Development Bank Group (AfDB) |

South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan

In addition to the corporate loan, the African Development Bank is contemplating two targeted grants, including $750,000 in technical support from the Sustainable Energy Fund for Africa

The African Development Bank Group (www.AfDB.org) has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major freight transport and logistics company, for its recovery and growth plans. The 25-year loan approved by the Bank Group’s Board of Directors on Friday, 12 July 2024, is fully…

United Nations Support Office in Somalia (UNSOS)
Source: United Nations Support Office in Somalia (UNSOS) |

United Nations Support Office in Somalia (UNSOS) Trains South West State Civil Aviation Firefighters

It is part of UNSOS’s ongoing efforts to build local capacity to ensure services at the Shaati Gaduud International Airport in Baidoa meet international standards

Twelve Somalia Civil Aviation Authorities, Airport Fire Rescue personnel from South West State have successfully completed a Airport Fire and Rescue course conducted by the United Nations Support Office in Somalia (UNSOS) Aviation Services to enhance Somalia’s safety aviation sector. The course held in Baidoa - the administrative capital of South West…

World Health Organization (WHO)
Source: World Health Organization (WHO) |

Road traffic deaths rise in the African region, but down globally, World Health Organization (WHO) report

The report attributes the rise to multiple factors, including inadequate road safety laws and standards

Road traffic death rates in the past decade have increased significantly in the African region, with almost 250 000 lives lost on the continent’s roads in 2021 alone. Conversely, global rates fell by 5% during the same period, a new World Health Organization (WHO) report shows. Between 2010 and 2021, the…

The Presidency, Republic of Ghana
Source: The Presidency, Republic of Ghana |

President Akufo-Addo Cuts Sod For Dualization Of Anwiankwanta-Ahenema Kokoben Road

The President highlighted that the project is part of a broader initiative to improve road conditions across densely populated areas

In a significant stride towards enhancing the road infrastructure in the Ashanti Region, President Nana Addo Dankwa Akufo-Addo presided over the sod-cutting ceremony for the dualization of the Anwiankwanta-Ahenema Kokoben Road on July 15, 2024. The ceremony marked the commencement of a crucial 20-kilometre project aimed at alleviating traffic congestion…

The Presidency, Republic of Ghana
Source: The Presidency, Republic of Ghana |

“My Gov’t Has Constructed 12,830kms Of Road Compared To Mills/Mahama’s 4,636kms” – President Akufo-Addo

The announcement was made during the sod-cutting ceremony for the dualization of the Anwiankwanta-Ahenema Kokoben Road on July 15, 2024

In a bold assertion of his administration’s accomplishments, President Nana Addo Dankwa Akufo-Addo declared that his government has constructed more roads than the combined efforts of the Mills/Mahama administration. The announcement was made during the sod-cutting ceremony for the dualization of the Anwiankwanta-Ahenema Kokoben Road on July 15, 2024. Addressing…

Parliament of the Republic of Uganda
Source: Parliament of the Republic of Uganda |

Entebbe Handling Services (ENHAS) and Dairo Air Services (DAS) operating without tenancy agreements

Once the committee reviews the necessary documents, a decision will be taken, which may include interfacing with the Chief Government Valuer

UCAA’s Finance Director, Hassan Musinguzi explained that the contention is in the new rent figure of US$15 per square metre following a valuation by the Chief Government Valuer. “When they [ENHAS and DAS] occupied in 2022, we gave draft agreements which figure they contested and at that point, we sought…

United Nations Mission in South Sudan (UNMISS)
Source: United Nations Mission in South Sudan (UNMISS) |

United Nations Mission in South Sudan (UNMISS) - Funded Bridges Connect Communities in Mundri West County With Markets and Services

Peacekeepers, humanitarian partners, security forces and rescue personnel are also benefitting from the improved road connections

Residents along the rivers Turubwa and Bundri in Mundri West County are rejoicing, and why would they not? Thanks to two new bridges, they are no longer forced to cross sometimes flooded overpasses on foot. “We used to fall into the water with our cassava flour and other crops on…