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Security Threat Looms as Defragmentation of NAS Poses Concern in Yei: United Nations Mission in South Sudan (UNMISS) asks to assist

Persistent violence by armed groups has been raised as the top concern for communities and local authorities in Yei and Lainya in the Central Equatoria region during a peace and security mission by representatives of the United Nations peacekeeping mission in South Sudan (UNMISS). During discussions about insecurity, the Commissioner of Yei, reported increasing abductions …

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CORRECTION – Nigeria: African Development Bank and Infrastructure Credit Guarantee Company Limited sign $15 million agreement to enhance infrastructure financing

The African Development Bank (www.AfDB.org) and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15 million subordinated loan facility to strengthen InfraCredit’s capital base and attract institutional investors’ resources to help close Nigeria’s infrastructure financing gap. Lamin Barrow, Director General of the African Development Bank’s Nigeria Country Department, and Chinua Azubike, CEO …

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Liberia: President Boakai Publishes his Assets Declaration

President Joseph Nyuma Boakai, Sr. has made public his assets declaration as part of his unwavering stand for transparency and aversion to corruption and graft. The President said his action is in fulfilment of his commitment to upholding the Constitution and laws of Liberia, in addition to his dedication to fostering a culture of accountability, …

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Africa Offers Attractive Investment Opportunities for Japanese Firms, Say African Development Bank Leaders

Africa presents a compelling investment destination for Japanese firms, with high growth potential and the African Development Bank’s strong support to manage risks, African Development Bank Group (www.AfDB.org) leaders stressed at the Japan-Africa Business Forum in Tokyo. “Africa has huge private sector opportunities. The continent offers some of the highest returns globally,” said Prof. Kevin …

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Ambassador of Belarus P.Vziatkin meets with the Minister of Foreign Affairs of Ethiopia

Promising areas of cooperation and current issues on the bilateral agenda were discussed on June 21, 2024 in Addis Ababa during the meeting between Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Federal Democratic Republic of Ethiopia, Pavel Vziatkin, and Minister of Foreign Affairs of Ethiopia, Taye Atske Selassie. The main attention during …

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President Museveni Presides Over Signing Of Memorandum of Understanding (MOU) To Construct Kidepo International Airport

President Yoweri Kaguta Museveni yesterday evening presided over the signing of a Memorandum of Understanding (MOU) between the Government of Uganda and United Arab Emirates’ Sharjah Chamber of Commerce and Industry at Speke Resort Munyonyo. President Museveni welcomed the signing of the MOU between Uganda and the Chamber. He was also happy to note that …

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A Model for African Producers: Wing Wah’s $2B Integrated Energy Project to Bolster Resource Monetization in the Republic of the Congo

The Republic of the Congo has a goal of increasing hydrocarbon production to 500,000 barrels per day (bpd) and projects such as Wing Wah Oil Company’s Bango Kayo development will serve as catalysts for meeting this objective. The project is a strong example for how integration and scalability can be utilized to not only monetize …

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Liberia: African Development Fund approves $10 million from Global Agriculture and Food Security Program (GAFSP) Trust Fund to scale up nutrition project

The Board of Directors of the African Development Fund has approved an additional $10 million from the Global Agriculture and Food Security Program (GAFSP) to implement activities and scale up the impact of the Smallholder Agriculture Development for Food and Nutrition Security project in Liberia. The project aims to improve food and nutrition security and …

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The Arab Africa Trade Bridges (AATB) Program Partners with Tunisia Africa Business Meeting to Drive Economic Growth and Food Security

The 4th Meeting of the Arab-Africa Trade Bridges (AATB) Board of Governors (BoG) alongside the 11th Meeting of the AATB Executive Committee (EC) will take place on July 1-2, 2024, in Tunis, Republic of Tunisia. In addition, AATB will be a strategic partner and sponsor the Tunisia Africa Business Meetings (TABM) 2024. This significant event, …

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Afreximbank takes Factoring and Receivables Finance discussion to its Annual Meetings in Nassau, The Bahamas

The second day of African Export-Import Bank’s (Afreximbank) (www.Afreximbank.com) Annual Meetings (AAM 2024) that took place in The Bahamas from June 12 – 15 featured a highly informative Roundtable focusing on Factoring and Receivables Finance. This Roundtable brought together industry leaders, experts and stakeholders from Africa, the Caribbean Community (CARICOM) and beyond, to explore the …

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