The Sustainable Smallholder Development Conference in London on 14-15 March will provide top practical advice for business on how to empower farmers and deliver solutions at scale.
Meet researchers, executives, industry leaders, regulators, investors, and participants from ICT, energy, power & utility industries
We wanted to invite you to join the complimentary webinar: ‘Is improving land rights the key to smallholder development? And, if so, how can companies help?’ hosted by Innovation Forum.
AfricaCom 2016 | 14-18 November Cape Town | Economic Development And Social Empowerment Through Digital Connectivity
AfricaCom 2016 | 14-18 November Cape Town | Economic Development And Social Empowerment Through Digital Connectivity
The Federal Ministry of Health and Shell Nigeria Exploration and Production Company (SNEPCo) are exploring partnership opportunities in healthcare delivery. At a just-concluded Health Concepts Validation Exercise organised by SNEPCo in Lagos, the Minister of Health, Prof. Isaac Adewole identified potential areas of collaboration in the delivery of primary and secondary healthcare
This short survey is part of a major research project undertaken by Rotterdam School of Management at Erasmus University (The Netherlands) in collaboration with ESAMI and the Netherlands African Business Council.
Samsung Africa: Corporate Citizens Need to Make a Real Impact on Africa’s Sustainable Development Goals
Prepared to follow on from the Millennium Development Goals (MDGs), the 17 Sustainable Development Goals were unveiled with the aim of taking steps towards building a better world in the next 15 years.
Powerspot presents its PowerJiko Water: the disruptive solution to generate electricity in emerging countries
The thermoelectric generator based on the Jiko receives more than 250 requests for distribution in Sub-Saharan Africa
GE and Miller Center for Social Entrepreneurship Partner to Accelerate Mother and Child Health Innovation in Sub-Saharan Africa
GE and Santa Clara University’s Miller Center for Social Entrepreneurship today announced a partnership that blends Silicon Valley entrepreneurial acumen with venture impact investing to tackle one of the world’s most pressing problems: maternal and child health
Sage Foundation has partnered with Sesôr Africa, a Nigerian non-profit organisation, to completely refurbish the school library at the Strides Towers College in Lagos, Nigeria.
Guinness Nigeria, a subsidiary of Diageo Plc, has announced that it has begun the process of reviewing its organisational structure and design in order to enable it build a more effective and efficient business for sustained, long term growth
Visa Expands footprint in Francophone Africa to accelerate digital Payments, Financial Inclusion Efforts and Support Economic Development
Visa Inc., a global payment company, today announced its intention to open an office in Côte d'Ivoire to reinforce its position as a leading payments technology company and to help bringing the benefits of electronic payments to the economy and a broader range of consumers and merchants across the region.
De Beers Namibia Holdings today announced that it has entered into a partnership with the University of Namibia (UNAM) - southern campus (Keetmanshoop), to provide financial assistance for higher education to underprivileged children from the communities.
Rapid population and economic growth in Kampala over the past 30 years has placed severe pressure on the city’s natural assets and ecosystems, such as water and wetlands, air, vegetation, and soil.
Creating the necessary framework to mobilize sustainable energy investment in Africa: SE4All Africa Hub Annual Report
The Sustainable Energy for All (SE4All) Africa Hub launched on Tuesday, October 13 in Abidjan its Annual Report for 2014-2015, which outlines the progress made to date in helping the 44 partner countries create strategic frameworks necessary to mobilize investment for realizing their long-term energy goals aligned with the SE4All initiative objectives:
Shelter Afrique the Pan-African finance institution exclusively supporting the development of affordable housing and real estate sector in Africa has signed an agreement with Devimco of DR Congo for the construction of a 7 -floor office building for rental purposes
President John Mahama, US President Barack Obama and French President Francois Hollande will take their turn to make statements at the Closing Plenary of the UN Sustainable Development Summit today in New York.
Appolonia - City of Light, the mixed-use urban development near Accra, today announced a joint venture agreement to develop homes on 20 hectares of land at the landmark satellite city project.
Senegal showcased by the AfDB for sustainability in Rural Water and Sanitation, Sustainable Development Goal number 6
The African Development Bank and the Senegalese Ministry for Water Resources and Sanitation have fine-tuned their planning of a new US $54-million program to improve access to water and sanitation in the most challenging rural regions of the country.
Participants at a high-level event held today at the United Nations headquarters in New York, voiced strong support for the industrialization of Africa as a way forward to implement the Sustainable Development Goals.
The leaders of the major Global Travel and Tourism associations have welcomed the adoption of the Sustainable Development Goals (SDGs)
Secretary-General, at African Urban Agenda Dialogue, Says ‘Profound’ Change in Approach to Cities Required to Ensure Sustainable, Prosperous Growth
Following are UN Secretary-General Ban Ki-moon’s remarks at the presidential dialogue on the African urban agenda, in New York today:
The World Bank Group and the Embassy of Switzerland today signed a $9 million Trust Fund agreement to support South Africa’s efforts to improve the performance of its large cities by making them more inclusive, productive and sustainable.
The Second West Africa Forum for Clean Energy Financing (WAFCEF2) awards, in which entrepreneurs showcase their projects in the area of clean and renewable energy, opened Thursday, September 17 at the African Development Bank headquarters in Abidjan.
The African Development Bank (AfDB) is hosting and co-organizing Energy Week, a series of events, including high-level discussions and partnerships focusing on lighting up and powering Africa, and unlocking the continent’s huge energy potential. Energy Week runs from Monday, September 14 to Friday, September 18 in Abidjan.
SE4All: AfDB supports four more African countries in the development of their Action Agenda and Investment Prospectuses
Through the SE4All Africa Hub, the African Development Bank (AfDB) is now supporting the development of the SE4All Country Action Agenda and Investment Prospectuses in four new countries:
[AfDB] First two projects of Africa Climate Change Fund approved to support climate finance-readiness-in-Africa
The newly established Africa Climate Change Fund (ACCF) has approved its first two projects in the past month.
Jean-Luc Mathey is a team leader at GIZ-IS Gabon, Germany. He also founded a buying agency and a training center.
A recent evaluation conducted by the Independent Development Evaluation (IDEV) department of the African Development Bank (AfDB) has revealed that the Bank’s substantial investment in road infrastructure in Cameroon from 2004 to 2013 resulted in time savings and a 40-percent drop in transportation costs.
President of the African Development Bank Group, Donald Kaberuka, recently participated in a panel discussion that sought to explore new approaches to help countries harness national resources more effectively.
Secretary-General Welcomes General Assembly’s Endorsement of Addis Ababa Action Agenda as ‘Major Step’ on Path Towards Sustainable Development
Following are UN Secretary-General Ban Ki-moon’s remarks to the General Assembly on the adoption of the outcome document of the Third International Conference on Financing for Development, in New York today.
Societe Generale Group, one of the leading French Banks with over 80 subsidiaries throughout the world, has signed a US$45million Loan Agreement with government for the Accra Streets Asphalting project.
A consortium led by global wind and solar company Mainstream Renewable Power was today awarded Preferred Bidder status by the Department of Energy in South Africa for two large-scale wind energy projects with a total generation capacity of 250 megawatts.
Airtel Rwanda has donated a total of three weaving machines, a computer and month’s internet supply to a local weaving cooperative called ISANO; a group of 12 talented young Rwandans, all of whom are affected in some way by HIV/AIDS.
A new report from PwC and Strategy& warns that the Power Sector is transforming fast and companies that don’t stay ahead of change are in danger.
IFC will lend up to €90 million to support Afriflora Group, a leading large-scale rose grower and distributor based in Ethiopia that employs more than 9,000 workers, more than 80 percent of them women.
Nestlé Nigeria has donated two water boreholes to Orile-Imo community, located next to its Flowergate Factory, near Owode-Egba in Obafemi Owode Local Government Area of Ogun State.
With the conclusion of the 90 Day Action Plan, South Africans now have an aviation asset, says South African Airways (SAA) acting Chief Executive Officer, Nico Bezuidenhout.
Governor's meeting is timely - ahead of the Spring Meetings and offers an ideal opportunity to take the Africa position to the Bretton Woods institutions.
IFC and the private sector window of the Global Agriculture and Food Security Program today announced support for Nedbank’s $ a $50 million facility to help commodity traders in Sub-Saharan Africa import agricultural commodities and export cash crops.
Data, a market leader in provision of business software in Botswana, has announced intentions to spend 1, 5 million Pula towards skills development in the country's ICT sector.
MTN Group’s efforts to advance social development in its markets through the integration of sustainable business practices into day-to-day activities, is yielding positive outcomes.
Uganda is poised to establish its national community of practice on managing for development results from March 26-27, 2015 at the Speke Resort Munyonyo in Kampala.
Samsung Electronics Africa took a bold step forward on Saturday, 7 March, with the launch of the new brand campaign called ‘What If I Can’.
At a very important time, when the Egypt Economic Development Conference was taking place in Sharm El-Sheikh, the European Investment Bank (EIB) signed a €120 million loan with the National Bank of Egypt (NBE) for financing private sector companies.
A soap opera, projected onto a screen from the back of a truck, is helping rid West Africa of a toxic compound that can contaminate crops, damage health and lead to financial ruin for farmers.
Liquid Telecom Kenya, Africa’s leading data, voice and IP provider, has partnered with the Nakuru County Government to launch high capacity free Wifi in Nakuru.
The African Export-Import Bank (Afreximbank) provided lines of credit amounting to $48 million to African factoring companies in the last two years to give them liquidity and payment risk protection in their factoring activities, Dr Benedict Oramah, Executive Vice President of the Bank in charge of Business Development and Corporate Banking, has said.
In a gesture aimed at making a contribution to effective teaching, the Shoprite supermarket chain recently donated stationery items to the value of R43 000 to needy schools when they collaborated with Elana Afrika-Bredenkamp on an initiative.
The countries of Africa, especially the sub Saharan bit, have a terrible history. Many of them were worse off after independence than they had been under their colonial masters. Corruption was and is a normal part of everyday life.
Gold Fields Executive Vice President for South Africa, Nico Muller officially handed over the newly restored Ilanga building at Healdtown College, a Methodist school located near Fort Beaufort in the Eastern Cape, on Tuesday 3 March 2015. The building, now renamed the Gold Fields Robert Sobukwe Building, comprises a library, museum, science and computer laboratories as well as classrooms.
The Vodafone Foundation today announced the Instant Classroom, a digital ‘school in a box’ that can be set up in a matter of minutes, helping give children and young adults in some of the world’s largest and poorly resourced refugee camps the opportunity to continue their education.
Development Bank of Southern Africa, South African Forum of Civil Engineering Contractors and Black Business Council Built Environment sign Memoranda of Agreement.
The Development Bank of Southern Africa (DBSA) through its Infrastructure Delivery Division which provides project planning, management and implementation support to government departments and other state institutions in priority sectors including health, education, water and housing signed Memoranda of Agreement with South African Forum of Civil Engineering Contractors (SAFCEC) and Black Business Council Built Environment (BBCBE).
The United Nations Industrial Development Organization (UNIDO) and HEINEKEN the international brewer have announced plans to work together in a range of sustainability issues that will promote inclusive growth in developing countries.
NEXIM signs agreement for US$302,000 financial grant under the Nigerian Technical Cooperation Fund managed by African Development Bank
The efforts of the Nigerian Export-Import Bank (NEXIM Bank) to facilitate the establishment of a regional maritime company, The Sealink Project, has received a fresh boost with the signing of a financial grant with the African Development Bank (AfDB) for US$302, 000 under the aegis of the Nigerian Technical Cooperation Fund (NTCF).
Globacom has announced a unique partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to support 17 million small and medium business owners in the country.
IFC has launched a project to help one of Tunisia’s leading industrial groups, One TECH Holding, develop a new training program for employees, part of IFC efforts to bolster skills training and encourage economic development in the North African country.
Guinea Bissau has become the 37thcountry to join the African Export-Import bank (Afreximbank) as a Participating State, following the signing of the Bank’s Establishment Agreement by the Government, the Bank has announced in Cairo.
The African Export-Import Bank (Afreximbank), in collaboration with the Ministry of Industry, Trade and Small and Medium-sized Enterprises of Egypt, has announced plans to hold a one-day business forum in Cairo on 24 February 2015 aimed at promoting improved trade between Egypt and the rest of Africa.
Actis has announced the launch of a pan-African renewable energy generation platform, Lekela Power. Actis is investing alongside Mainstream Renewable Power, the global wind and solar developer, which will own the other 40% of the platform.
The Senegal Ministry of Education and Samsung Electronics Africa has announced the launch of a mobile education solution aimed at creating positive change and providing an advanced and interactive classroom experience for learners.
Qatar Airways and Aspire Academy Partner to Turn Football Dreams Into Reality for Young Boys from Developing Countries In Africa
As the whistle blows indicating the end of the football match, 35 young boys run and jump, full of energy and adrenaline, celebrating not just their stellar performance on the pitch, but also, being one step closer to turning their dreams into reality.
CDC Group plc, the UK’s development finance institution, and Standard Chartered Bank have announced a risk participation agreement that will support new working capital lending of up to US$50 million to businesses in Sierra Leone.
IFC, a member of the World Bank Group, today announced an advisory services agreement with Advans Cameroun to accelerate financial inclusion in Cameroon by expanding the range and reach of services available to underserved urban and rural populations.
Two new projects totalling USD 2.2 million launched in Nairobi, Kenya, this week by the International Trade Centre (ITC) aim to boost the export of avocado and the information technology (IT) and IT-enabled services (ITES) in the East African country.
IFC, a member of the World Bank Group, announced an agreement to provide a $20 million convertible loan to AIICO Insurance Plc, to support its expansion activities across Nigeria.
The African Export-Import Bank (Afreximbank) places strong emphasis on open communication with its clients as a strategy for ensuring the smooth execution of transactions it enters into with them, Denys Denya, the Bank’s Executive Vice President in charge of Finance, Administration and Banking Services, has said.
Eni, Vitol and Ghana National Petroleum Corporation (GNPC) signed today with the President of the Republic of Ghana, John Dramani Mahama, and the Minister of Petroleum, Emmanuel Armah-Kofi Buah, the agreement to proceed with the OCTP integrated oil & gas project in Ghana. First oil is expected in 2017, first gas in 2018 and the peak production will be 80,000 boed in 2019.
Three young entrepreneurs active in the field of agriculture in Ghana visited Nestlé’s Tema factory yesterday. The visit was part of the prize they received for winning a pitch competition at the ‘Agri-business Entrepreneurship Bootcamp’.
IFC has announced an investment of $4.1 million in Merryland High Schools to expand access to secondary education in Uganda. The loan will enable Merryland to enroll an additional 2,500 students in Uganda, where demand for education exceeds the number of school places available.
The MasterCard Foundation has launched a US$50 million challenge fund to improve the lives of smallholder farmers in Africa by enabling businesses to begin or expand financial services in rural areas of Sub-Saharan Africa.
MTN Benin, has partnered with Ericsson under their Ecology Management Program, to launch the first electrical and electronic equipment waste (e-waste) collection and awareness drive in Benin.
On Thursday, 22 January 2015 The UN Economic Commission for Africa will host the Launch of the 2014 Global Go To Think Tank Index Report, as one of 70 events taking place on the same day in locations around the world. The Global Go To Think Tank Index has been issued annually since 2006, as an initiative of the Think Tanks and Civil Societies Programme (TTSCP) of the University of Pennsylvania.
The Executive Board of the International Monetary Fund completed today the first review of Tanzania’s economic performance under the program supported by the Policy Support Instrument (PSI)1 and granted a waiver for the non-observance of the continuous assessment criterion on the non-accumulation of external arrears.
IFC and Eiffage, a leading European public works and concessions firm, today announced a financing agreement for the extension of the Dakar toll road in Senegal.
Tech needs Girls, IT4Teens and the Street Library Academy have each received 5 laptops from Tigo to enable them reach out to more children in deprived communities.
MTN has over the past 7 years spent and invested GH¢ 950,539.37 on various education and health projects across the Upper East Region.
Dakar-based leasing company Locafrique Senegal is the beneficiary of a 25 million Euro dual tranche credit facility arranged by the African Export-Import Bank (Afreximbank) aimed at increasing support to the Senegalese agricultural sector.
The U.S. Trade and Development Agency awarded two grants to support the development of hydropower in Tanzania and Rwanda. These activities build upon USTDA’s long history of connecting U.S. industry to priority clean energy projects in sub-Saharan Africa. They also support the goals of Power Africa, a U.S. government-led initiative to increase electricity access across the continent.
Bharti Airtel, a leading telecommunications services provider with over 300 million customers in operations in 20 countries across Africa and Asia will offer mentorship programmes to the Good Samaritan Orphans and Destitute Centre in Kayole’s Soweto.
[Kenya] Standard Bank Group helps arrange €625 million finance package to build Africa's largest wind farm
The Lake Turkana Wind Power will build a 310 Megawatt (MW) wind farm in north-western Kenya with the help of Standard Bank Group and 11 other financiers, including Nedbank, the African Development Bank and the European Investment Bank.
'Edutainers' from Standard Bank Group bring education and development opportunities to SA's children
Education, literacy and focused early-learning opportunities for children are three of the major challenges facing South Africa as the country celebrates its 20th year of democracy.
Powering Africa: Summit set to advance deals and partnerships for Africa's power industries in Washington D.C. this January
Over the last 20 years EnergyNet has co-ordinated investor meetings with some of the most reliable and successful power developers operating on the continent of Africa. Symbion Power, GE, Siemens, Copperbelt, Goldwind, Azura Power, Aldwych, Karpowership, Globeleq, Schneider Electric, ESBi, Transcorp, Chint, China State Grid, Hanergy and others have all been companies that have made long term commitments to the sector and invested in sustainable solutions. These are powerful companies with strong balance sheets backed by some of the biggest banks.
Entrepreneurs in Mwanza, Tanzania, are now taking on solar energy to meet the increasing demand for phone charging services. For a country that enjoys abundant sunlight, there is great potential in the renewable energy sector but cost, financing and product quality remain a challenge.
Support for Tunisian business leaders and micro-entrepreneurs was one of the key aspects of the visit to Tunisia of Werner Hoyer, President of the European Investment Bank (EIB), and Philippe de Fontaine Vive, EIB Vice-President. Two new finance contracts totalling EUR 21m (TND 48m) were signed with the microfinance institution Taysir and Banque Tuniso-Koweitienne (BTK) in the framework of a partnership agreement with Réseau Entreprendre.
To ensure that growth is both sustainable and beneficial to all strata of society in Africa, countries on the continent, including North Africa, must adopt industrial policies that are germane to their own local contexts and set up strong institutions with the mandate of formulating and pushing through such policies. These are the major recommendations of the Economic Report on Africa 2014 launched at the University Mohamed V, in Rabat, Morocco on 21 November 2014.
Access Bank Plc and Netherlands Development Finance Company (FMO) have signed a $30 million deal to provide capacity building and debt capital support for local female entrepreneurs while promoting the bank’s key goal of reaching more unbanked citizens via cheap funding.
The 5th Global Entrepreneurship Summit (GES-2014) wrapped up Friday night in Marrakech, after three days of intense debate on how to encourage and promote innovation and entrepreneurship.
A total of ten young entrepreneurs in Cameroon are going into business this week thanks to collateral-free loans they won at the end of an entrepreneurship event that received the technical support of the Economic Commission for Africa.
The African Water Facility(AWF) announced on Wednesday, November 19 that it has offered a €3-million grant to the Republic of Somalia to support a project designed to build resilience to climate change and reduce water stress in Somaliland.
Côte d’Ivoire Prime Minister, ITC Executive Director, attend official presentation of National Export Strategy
International Trade Centre (ITC) Executive Director Arancha González joined the Prime Minister of Côte d’Ivoire, Mr Daniel Kablan Duncan, and the Minister of Commerce, Arts and Crafts and SMEs promotion, Mr Jean-Louis Billon, as well as representatives of the Ivorian private sector on 13 November in Abidjan for the official presentation ceremony of the National Export Strategy of Côte d’Ivoire.
Vivo Energy trained 100 bus drivers from leading bus companies on road safety on 6th November 2014 at G1 hotel in Rubaga a head of the festive season.
Africa’s gross domestic product (GDP) will grow by 50% to $3.7 trillion over the next five years as the continent’s rapidly expanding middle class helps drive faster rates of urbanization and increased consumer demand for goods and services, according to Deloitte, the global consulting and business advisory firm.
United States-based payments company, Visa Incorporated, has announced its partnership with the Cherie Blair Foundation for Women, First Bank of Nigeria and the Youth for Technology Foundation.
The African Development Bank Group (AfDB) and Moza Banco signed a loan agreement for the equivalent of US $9 million in Mozambique Metical (MZN) on November 14, 2014.
The Planet Earth Institute an international NGO that works for the scientific independence of Africa, will host the first-ever ‘Africa Data Challenge’, as part of their #ScienceAfrica UnConference, held at Impact HUB, Westminster on November 18. The ‘Africa Data Challenge’ is a groundbreaking competition that invites parties to pitch their ideas for projects that harness data for real, human impact in Africa.
Healthy, well-functioning natural systems play a vital role in supporting the country’s food and water security, whilst also maintaining healthy communities and sustained livelihoods.
From 1- 2 December 2014, Cameroon’s economic capital, Douala, will host an ad hoc expert group meeting on “improving the business climate in Central Africa”.
The United Bank for Africa (UBA) Board Chairman, Tony O Elumelu, has announced the donation of $1million, to assist the fight against Ebola, currently present in three West African countries, where UBA does business: Sierra Leone, Liberia and Guinea.
Standard Chartered and ChildFund International today announced that ChildFund will be utilising Standard Chartered’s Straight2Bank Wallet service to enable electronic payments into mobile wallets of ChildFund beneficiaries.