The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a $2.5 million grant to prop some 10,000 small horticultural businesses in Tanzania. The funds, approved on 19 October 2023, will come from the Global Agriculture & Food Security Program to support mainly food system service providers in rural areas. The programme aims…
Vivajets, has rolled out a set of innovative product offerings at a recent international conference held by the company in Lagos. The organization also released a guide on fractional aircraft ownership, a specialized service that enables customers to become part owners of an aircraft. As Africa evolves through an increase in population, innovation and enterprise,…
The transitional government in Guinea, in partnership with the African Development Bank Group (www.AfDB.org), has received a large consignment of agricultural supplies in Guinea’s western town of Forécariah for distribution to local farmers. The consignment, delivered on 13 October 2023, forms part of implementing the Emergency Food Production Project, spearheaded by the African Development Bank….
The African Export-Import Bank (Afreximbank) and the Export-Import Bank of China (CEXIM) have signed an agreement for US$600 million loan to fund loans and trade finance transactions. The purpose of the loan is to facilitate and finance the trade and economic cooperation between the member states of Afreximbank and the People’s Republic of China (PRC)….
People often ask me, TOE how do I learn leadership. Should I go on a course? Buy a book? Get a mentor? Are leaders born, or can you become a leader? Just as I say about business success, leadership has many components – luck, being in the right place at the right time. But I…
The significant advantages of nuclear energy in addressing Africa’s energy needs and eradicating energy poverty have been highlighted during a panel discussion at African Energy Week, in Cape Town. Enobot Agboraw, Executive Secretary of the African Commission on Nuclear Energy noted factors including longevity, cost-effectiveness and the environmental resilience of nuclear power as reasons why…
The National Agency for Science and Engineering Infrastructure (NASENI) and 3 Chinese Companies have signed memorandum of understanding for new projects valued at $2 billion.  At a ceremony attended by Vice President Kashim Shettima (GCON) on Thursday, October 19, 2023, on the sidelines of the third Belt and Road Initiative (BRI) Forum in Beijing, China, the National Agency for Science and Engineering…
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. The conference week featured a…
The Board of Directors of the African Development Bank Group (http://www.AfDB.org) has approved a $23.6 million loan for the construction and equipment of a new aviation training facility in the Rwandan capital, Kigali. The proposed Centre of Excellence for Aviation Skills (CEAS), including an aircraft hangar, will partner with higher learning institutions to produce a…
The Board of Directors of the African Development Bank Group (www.AfDB.org) granted funding of USD 13.15 million to Burundi on 5 October 2023, to help the country implement Phase 1 of the Water Sector and Climate Resilience Building Support Programme. The funding comes from the Transition Support Facility (https://apo-opa.info/3CSPRhx), one of the Bank’s funding mechanisms aimed…
