African Development Bank Group (AfDB)
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    • The African Development Fund is helping Guinea to build institutional capacities that can facilitate industrial development and strengthen the resilience of its SMEs
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Source: African Development Bank Group (AfDB) |

Guinea: USD 14 million loan from the African Development Fund will support industrial development and resilience of Small and Medium-sized Enterprises (SMEs)

The goal is to speed up economic transformation through stimulation of SMEs, including women's SMEs, industrial modernisation and exports, making the economy more competitive and promoting private investment

The Board of Directors of the African Development Fund (https://apo-opa.co/3VAvcHY), the concessional window of the African Development Bank Group (www.AfDB.org), has approved a loan of US $14.04 million to Guinea for implementation in the country of the Industrial Development and SME Resilience Support Project. The financing comes from Pillar 1…

Source: South African Rugby |

Siya Kolisi to retain Springbok captaincy

Erasmus re-emphasised the importance of building squad depth as the team springs into full action with an eye on building toward to the 2027 Rugby World Cup in Australia

Two-time Rugby World Cup-winning Springbok captain Siya Kolisi will retain the captain’s armband when the world champions return to the field in the Castle Lager Incoming Series, which kicks off against Ireland in Pretoria on Saturday, 6 July, Springbok coach Rassie Erasmus announced on Wednesday. Erasmus confirmed that Kolisi, who…

African Development Bank Group (AfDB)
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    • Mike Salawou, Director of the African Development Bank’s Infrastructure and Urban Development Department (third from right), with members of the Urban and Municipal Development Fund Oversight Committee, and representatives of the Bank and the Fund team, in Tunis on 19 June 2024
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Source: African Development Bank Group (AfDB) |

African Development Bank expands urban support program to six new cities

The expansion, approved by the Fund’s 13th Oversight Committee, will help bolster urban development and address critical challenges faced by rapidly growing African cities

The African Development Bank’s (www.AfDB.org) Urban and Municipal Development Fund (UMDF) (https://apo-opa.co/4exYmAh) has expanded its African Cities Program to cover six new cities across the continent. The expansion, approved by the Fund’s 13th Oversight Committee, will help bolster urban development and address critical challenges faced by rapidly growing African cities. The…

African Development Bank Group (AfDB)
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    • African Development Bank secures $18 million Global Environment Facility (GEF) funding for Zambezi Basin and E-waste projects (1)
    • African Development Bank secures $18 million Global Environment Facility (GEF) funding for Zambezi Basin and E-waste projects (2)
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Source: African Development Bank Group (AfDB) |

African Development Bank secures $18 million Global Environment Facility (GEF) funding for Zambezi Basin and E-waste projects

The Zambezi River Basin project, estimated to cost $9.45 million, is expected to benefit millions through advancements in agriculture, fisheries, and dam operations

The African Development Bank (www.AfDB.org) has secured more than $18 million in funding from the Global Environment Facility (GEF) for two major projects aimed at bolstering environmental sustainability and resilience across Africa. The first project, "Strengthening Zambezi River Basin Management towards Climate Resilience and Ecosystem Health," has been allocated $10.57…

Merck Foundation
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    • Merck Foundation CEO announce Malian winner of Merck Foundation 'More Than a Mother' Media Awards 2023
    • Merck Foundation 'More Than a Mother' & 'Diabetes & Hypertension' Awards Ceremony 2023
    • Merck Foundation 'More Than a Mother' & 'Diabetes & Hypertension' Awards Ceremony 2023
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Source: Merck Foundation |

Merck Foundation Chief Executive Officer (CEO) announce Malian winners of their Media Awards to break Infertility Stigma, Support Girl Education and Diabetes- Hypertension awareness

The winners were announced and acknowledged by Senator, Dr. Rasha Kelej, CEO of Merck Foundation and President of “More Than a Mother” campaign

Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany announced the Winners of Merck Foundation Africa Media Recognition “More Than a Mother” Awards 2023 and “Diabetes and Hypertension” Awards 2023 from Mali. Winners from the rest of the Africa were also announced, in partnership with African First Ladies, the…

Source: Economic Community of West African States (ECOWAS) |

Exchanges Between Economic Community of West African States (ECOWAS) and The European Union to Deepen Their Strategic Partnership

The visit was also an opportunity for ECOWAS and the European Union to reiterate their commitment to further deepening their strategic partnership

The working visit by a delegation of European Union ambassadors to the Economic Community of West African States (Ecowas) Commission on 20 June 2024 in Abuja, Nigeria, is in line with  the growing importance of the partnership between the two institutions. The meeting, chaired by the Vice-President of the ECOWAS…

Source: The World Bank Group |

Fostering a Vibrant and Inclusive Private Sector is Key to Somalia’s Resilient Growth

Private sector activity is concentrated on commerce and other, mostly non-tradable, consumption-driven services

Since Somalia’s private sector accounts for an estimated 95 percent of total jobs created, marshaling the private sector to support the country’s development is critical for reconstruction, transitioning from fragility, and generating more inclusive economic dividends for it’s people. The country also needs to focus on growth (to avoid falling…

Africa Finance Corporation (AFC)
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    • AFC announces the closing of a US$150 million senior loan with Kamoa Copper to support the expansion of the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) invests in Africa's largest copper complex, driving mineral beneficiation on the continent

Kamoa-Kakula is a world-class, high-grade, low carbon-intensive, underground copper deposit situated on the western edge of the prolific Central African Copperbelt

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, is pleased to announce the closing of a US$150 million senior loan with Kamoa Copper to support the expansion of the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo. The loan by AFC, who acted both as lender…

Energy Capital & Power
Source: Energy Capital & Power |

Energy Capital & Power Appoints James Chester as Chief Executive Officer (CEO)

Co-Founder and Senior Director James Chester will lead Energy Capital & Power as CEO effective June 26, as the company advances its 2024 events calendar

Energy Capital & Power (ECP) (https://EnergyCapitalPower.com) – Africa’s leading energy investment platform – proudly announces the appointment of James Chester as CEO, effective June 26, 2024. As Co-Founder and Senior Director at ECP, Chester holds varied and dynamic experience in events, strategic communications, custom publishing and investment promotion activities across…

What Media Group
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    • Chichi Nwoko, Founder & CEO, What Media Group and Lauren Marriott, SVP, Content Partnerships and Brand Strategy, Paramount Global Content Distribution
    • Kids Say the Darndest Things Announcement
    • Chichi Nwoko, Founder & CEO, What Media Group
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Source: What Media Group |

"Kids Say the Darndest Things" Makes a Triumphant Return for the Series in Africa with Paramount Global and What Media Group Partnership

The collaborative force behind the new season aims to enhance the viewer experience by delivering a world class production of the Paramount Global Content Distribution series alongside the local expertise of What Media Group

The family favourite, "Kids Say the Darndest Things",  is back for its third season, bringing more laughs, more surprises, and more heartwarming moments. This season marks a groundbreaking partnership between the iconic show and two entertainment powerhouses: Paramount Global Content Distribution and What Media Group (www.TheWhatMediaGroup.com). With the broadcast platform…