Category: Newsline
The present and the future belong to your generation – AfDB President
African Development Bank Group President Akinwumi A. Adesina has called on young university graduates to be instruments of change in a world beset by increasing socio-economic challenges. Delivering the keynote speech at America’s Calvin University Commencement ceremony, Dr. Adesina told the audience, including 700 graduates, “The world faces many simultaneous challenges, promising a future of…
Madagascar President Andry Rajoelina wins the 2023 Babacar Ndiaye Trophy
The Africa Road Builders Selection Committee has named Madagascar’s President Andry Rajoelina, the winner of the prestigious Babacar Ndiaye Trophy, for his commitment to infrastructure development in the island state. He succeeds Tanzanian President Samia Suluhu, who won the award in 2022. According to a press release by the Committee, members chose President Rajoelina at…
Afreximbank acts as Joint Lead Manager on Mauritius Commercial Bank’s US$300 million Debut International Senior Bond
Afreximbank through its Advisory and Capital Markets (ACMA) division, has acted as Joint Lead Manager for the debut US$300 million RegS-only international senior unsecured notes issued by Mauritius Commercial Bank (MCB) under its US$3 billion Global Medium Term Note Programme. The Notes offering, which was announced on 19 April 2023 following a global virtual investor roadshow,…
Top 5 Sectors Set to Benefit from Mauritania’s Oil & Gas Development
With the discovery of the Greater Tortue Ahmeyim (GTA) gas field in 2015 and the latest developments regarding the BirAllah field, Mauritania has become an increasingly attractive destination for investment. In addition to hydrocarbon supply benefits, the country is set to see numerous economic opportunities made possible through oil and gas monetization, all of which…
Angola Forecasts 3.6% GDP Growth Over Next 5 Years
Angola’s Minister of Economy and Planning, H.E. Mário Caetano João, has indicated that the southern African country is forecasting economic growth of 3% in 2023, with an increase to an average of over 3.6% between 2023 and 2027. Announced on 26 April, the Minister highlighted that economic growth in Angola will be driven primarily by…
APO Group’s Africa Celebrations Campaign for Mercy Ships Wins Multiple 2023 SABRE Awards Africa
APO Group, the leading pan-African communications consultancy and press release distribution service, is excited to announce that its Mercy Ships Africa Celebrations campaign has won the 2023 PRovoke Africa SABRE Awards for Best Campaign in West Africa and Best Campaign for Not-for-Profit/Charities. The SABRE Awards are the most prestigious and important awards in the public…
African Export-Import Bank signs US$3 Billion Country Programme with Kenya
African Export-Import Bank has signed a US$3 Billion Country Programme with the Government of Kenya. The official signing ceremony was witnessed by President William Ruto at State House Nairobi. The memorandum was signed by Kenya’s Honourable Cabinet Secretary of the Ministry of National Treasury and Economic Planning, Professor Njuguna Ndungu, and the President and Chairman…
IsDB Group Private Sector Institutions to Host Private Sector Forum
The Islamic Development Bank (IsDB) Group’s (https://www.IsDB.org/) private sector institutions, including the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC), are proud to announce the upcoming “Private Sector Forum,” which will take place…
AFDB’s Africa Climate Change Fund dialogues with Global Affairs Canada delegation
The Director of the African Development Bank’s Climate Change and Green Growth Department, Prof. Anthony Nyong recently received a delegation from Global Affairs Canada’s Cooperation for Pan-African and Regional Development Program in Cote D’Ivoire. The delegation, led by Mrs. Lara Bremner, Head of the Program, was in Abidjan as part of its engagement with key…
NCC Disowns Fake LinkedIn Account attributed to Prof. Umar Garba Danbatta
The Nigerian Communications Commission (NCC) has disowned a fake LinkedIn account wrongly attributed to NCC’s Executive Vice Chairman and Chief Executive Officer, Prof Umar Garba Danbatta. A statement by Director, Public Affairs at NCC, Reuben Muoka, declared that the said LinkedIn account is fake and has no affiliation with the NCC or Prof. Danbatta. “We…