AFDB, Smart Africa Alliance launch $1.5 million for Digital trade & e-commerce

The African Development Fund and Smart Africa Alliance have jointly launched a $1.5 million project to streamline digital trade and e-commerce policies across 10 African countries. The project will see to the implementation of regional training and capacity-building programs focusing on cross-border e-payment and e-commerce for governments, private sectors, and SMEs. The Institutional Support for…

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Namibia explores pathways for financing Energy & Power Projects

As global financial institutions continue to reduce or eliminate fossil fuel lending, emerging producers like Namibia are seeking to drive local and regional financial participation in capital-intensive projects and trade infrastructure. A finance-focused panel at the 2023 Namibia International Energy Conference explored new pathways to financing and developing capital-intensive African energy and infrastructure projects. Under…

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The African Development Bank President (www.AfDB.org), Dr Akinwumi Adesina, has pledged his institution’s full support to the United Nations Secretary General’s Early Warning for All initiative and the Systematic Observations’ Financing Facility. The Bank is the implementing entity for the Facility in Africa.

AfDB pushes for greater involvement of private sector in climate finance in Africa

Africa, the continent that pollutes the planet the least, is today one of the world’s most vulnerable to climate risks. While nations across the continent grapple with financing constraints, resources from the international private sector, including multilateral development financiers such as the African Development Bank are helping to catalyze climate action and green growth. For…

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AfDB and JICA sign $350 million) loan to support private sector in Africa

The African Development Bank and the Japan International Cooperation Agency (JICA) signed a JPY 44,100,000,000 ($350 million) loan to finance the Bank’s support for private sector operations in Africa. The loan comes under the Enhanced Private Sector Assistance (EPSA) initiative, which is a component of Japan’s Official Development Assistance to Africa. The fifth version of EPSA,…

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The 2023 edition of the African Energy Week (AEW) conference and exhibition has been concluded in Cape Town, South Africa, with forward-looking remarks delivered by African Energy Chamber (AEC) (www.EnergyChamber.org) Executive Chairman NJ Ayuk. Highlighting the week’s dialogue and deals, Ayuk committed to AEW returning bigger and better in 2024.

Namibia holds International Energy Conference

The 2023 Namibia International Energy Conference (NIEC) recently featured a strategic industry intelligence session with the African Energy Chamber (AEC) the voice of the African energy sector – to share its expertise on local business development and skill-building opportunities within the industry. Led by AEC Executive Chairman, NJ Ayuk, the workshop tackled the most pressing…

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Africa Enterprise

Africa Enterprise is a publication by Hoofbeatdotcom Publishers set up to promote entrepreneurship and innovation in Africa. Our editorial and project-support team cuts across different countries in Africa. We share success stories and challenges faced by select African entrepreneurs, in building their businesses, to inspire future generations and encourage innovation, endeavour and private sector development…

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Cash is King

He with the keys to the vault will always be better placed to take advantage of the window of opportunity, whenever it beckons. Olówó ló l’òwò. Cash is king. Credit, the Prince. Ready access to funds – one’s own or leveraged, helps with one foot inside, with opportunities that really matter. Even as custodian of…

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