Fairtrade has announced the 2023 Fairtrade Global Awards Winners. In its first edition, the Fairtrade Global Awards recognizes the outstanding and innovative contributions from businesses to create a fair and just global trade system across the world. Hosted by Fairtrade Africa, The Fairtrade Global Awards featured a diverse range of eight categories celebrating excellence in ethical…
The inaugural board meeting of the AfCFTA Adjustment Fund Corporation held on Friday in Kigali. The board members deliberated on key issues that will serve as a foundation for the successful operationalisation of the AfCFTA Adjustment Fund. Amongst these include the appointment of the Fund for Export Development in Africa (FEDA), the impact investment platform…
The International Monetary Fund (IMF) has strongly supported a call by the African Development Bank Group (www.AfDB.org) urging countries in Africa to stop borrowing loans backed by their natural resources. The IMF Managing Director Kristalina Georgieva met Thursday with the President of the African Development Bank Group, Dr Akinwumi Adesina, in Abidjan, Cote D’Ivoire. It…
The Gambia’s President Adama Barrow has conferred his country’s highest national award, the Grand Commander of the Order of the Republic of The Gambia, on African Development Bank Group President, Dr. Akinwumi Adesina (www.AfDB.org). The honour is in recognition of Adesina’s leadership role and contributions to development in The Gambia and Africa. President Barrow bestowed…
The African Development Bank Group (www.AfDB.org) and the ECOWAS Bank for Investment and Development (EBID) have signed an agreement for a dual currency line of credit comprising $50 million and €50 million to support local agricultural businesses in West Africa. Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, and…
The International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) (https://www.IFPMA.org/) and Speak Up Africa have announced the winners of the second edition of the Africa Young Innovators for Health Award (https://AfricaYoungInnovatorsforHealth.org/). Mrs Teniola Aderonke Adedeji (Nigeria) and Dr. Ochora Moses (Uganda) have been announced as first prize winners and Mrs Izath Nura (Uganda) and M….
The African Development Bank Group (www.AfDB.org) on Tuesday signed two loan agreements with the Government of Angola to improve access to climate-resilient and sustainable sanitation services in four coastal towns serving a combined population of 1.4 million. The agreements – for a $75 million loan from the African Development Bank and $49.4 million from the…
Africa’s progress on the Sustainable Development Goals (SDGs) and the African Union’s Agenda 2063 aspirations has been uneven, with significant differences among subregions, countries, and rural and urban areas. This calls for accelerated efforts to ensure that Africa achieves the global goals by the 2030 deadline, the latest Africa Sustainable Development report has stated. The…
The African Development Bank Group (www.AfDB.org) has appointed Ms Malinne Blomberg, a Swedish national, as Country Manager for Tunisia in addition to her current roles as Deputy Director General for North Africa and Country Manager for Libya and Mauritania. Blomberg, a seasoned development finance professional with more than 25 years of experience, has served extensively…
A stakeholder group in the Nigerian Information and Communication Technology (ICT) has commended the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, for his remarkable leadership and the unprecedented achievements in the nation’s telecom sector. The stakeholders came under the auspices of the Nigeria Information Technology Reporters’ Association (NITRA)….
