Category: Newsline
2023 African Energy Week draws to a close in Cape Town
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…
AfDB commits over $23 million to Rwanda’s new Aviation Centre
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…
Climate Change: AfDB grants over 13 million Dollars to Burundi
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…
VC4A receives Prestigious International Finance Corporation (IFC) ScaleX Award for Supporting Women-led Startups to Raise Capital
VC4A (https://VC4A.com/), the leading platform that strengthens the startup community in emerging markets, has been honored with a prestigious IFC ScaleX award for its contribution to the support of women-led startups in securing capital after completing an accelerator program. Of 170 accelerators, VC4A was selected among the top 5 by the International Finance Corporation (IFC),…
Accredify beats 260 startups to win the 2023 Supernova Challenge
Accredify, a Singapore-based startup and service provider for issuing verifiable documents and information, has emerged as the champion of the 2023 Supernova Challenge at Expand North Star Dubai (https://www.ExpandNorthStar.com/), the world’s largest startup event. The startup received the $100,000 grand prize after an intense final round of pitching against 27 global finalists from 521 entries….
United Kingdom Pledges R20 Million to Africa’s Critical Minerals l
The United Kingdom has announced a pledge to help African countries expand their critical mineral supply chains – with a focus on promoting mineral exploration and processing, generating value-added activities and creating local jobs – during the Critical Minerals Africa 2023 summit on Wednesday. “African countries rightly have a high level of ambition for unlocking…
African Development Bank, African Guarantee Fund kick off Affirmative Finance Action for Women in Africa (AFAWA)
The African Development Bank Group (www.AfDB.org) and the African Guarantee Fund have made a strong case for the positive impact of increasing women’s financial inclusion on Nigeria’s economy before an audience of senior Nigerian government and banking leaders. The two institutions opened the AFAWA Finance Series Nigeria, part of the African Development Bank’s Affirmative Finance…
Winners emerge in the 13th Orange Social Venture Prize in Africa and the Middle East (POESAM)
Orange has announced winners of the 13th edition of the Orange Social Venture Prize in Africa and the Middle East (POESAM) at Mobile World Congress AfricaThe winner of the International Women’s Prize is:
New NCC Boss, Maida Commits to President Tinubu’s Vision
The new Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has committed to he aligning NCC’s regulatory focus to achieving the promises of President Bola Ahmed Tinubu’s Renewed Hope agenda to advance the nation’s digital transformation agenda. According to NCC’s Director of Public Affairs, Reuben Muoka, the new NCC…
President Obasanjo leads discussion on Regional Stability and Sustainable Development
The 2023 edition of African Energy Week (AEW) –organized by the voice of the African energy sector, the African Energy Chamber (www.EnergyChamber.org)– featured a strategic session hosted by the Former President of the Federal Republic of Nigeria, H.E. Olusegun Obasanjo, who led discussions on a wide range of topics, including diplomacy, governance, regional stability, and…