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In a recent development following the OccupyBoG demonstration organized by the Minority Caucus, the opposition National Democratic Congress (NDC), and its supporters, the Minority Caucus in Parliament has issued a strong response to the comments made by Bank of Ghana Governor, Dr. Ernest Addison. The protest, which took place on Tuesday, October 3, aimed to […]
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Peace and security in Africa must be an aim of investment decisions, the African Development Bank (http://www.AfDB.org) President told delegates at a forum aimed at exploring ways to strengthen the resilience of the continent’s people and states. “The Africa Resilience Forum is a call to action to work together and make a transition from policy […]
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In a highly anticipated demonstration, Minority Members of Parliament (MPs) took to the streets on Tuesday, October 3, 2023, to kick off the #OccupyBankofGhana campaign. The protest serves as a resounding call for the resignation of the Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, and his two deputies. These demands stem from […]
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The African Development Bank (www.AfDB.org) and the Sustainable Energy Fund for Africa (SEFA), in partnership with the International Finance Corporation and UAE’s AMEA Power, today herald Tunisia’s first privately-financed solar project. This initiative is set to revolutionise the nation’s energy scene by cutting power generation costs, significantly trimming greenhouse gas emissions by over 90,000 tons […]
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Africa Finance Corporation, the leading infrastructure solutions provider on the continent, today announced the successful signing of a US$300 million loan facility agreement with the Export-Import Bank of China (CEXIM). This landmark agreement, signed on the sidelines of the Asian Infrastructure Investment Bank (AIIB) Annual meetings in Egypt, is poised to drive increased trade finance […]
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The Bahrain Institute of Banking and Finance (BIBF) has announced a strategic collaboration with the Islamic Development Bank Institute (IsDBI) to provide specialized training programs designed to bolster the global Islamic finance community. These comprehensive programs are tailored to cater to a diverse audience, including professionals from various financial institutions, regulatory bodies, supervisory authorities, and […]
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On September 25, 2023, the African Development Bank Group (AfDB) announced a 15-month debarment of Joycot General Contractors Ltd., effective from September 8, 2023. Joycot General Contractors Ltd., a registered construction company in Kenya, faced this disciplinary action following an investigation conducted by the Bank’s Office of Integrity and Anti-Corruption. The investigation revealed that Joycot […]
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The African Export-Import Bank (Afreximbank) has called on African countries to prioritise the development of public and private export trading companies (ETCs) in order to position the continent’s small and medium enterprises (SMEs) to participate effectively in global trade. In an address to the Africa International Exhibition, which opened yesterday on the sidelines of the […]
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A ground-breaking US$24 million corporate green credit made possible by Absa Ghana has significantly accelerated Ghana’s ambitious plan to diversify its energy mix and embrace renewable resources. The money will support the Bui Power Authority’s groundbreaking 100 MW solar facility, enhancing the nation’s energy potential and promoting its commitment to sustainable development. Leading the revolutionary […]
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The African Development Bank (www.AfDB.org) has signed on as a partner of the Women Deliver 2023 Conference, a multi-sectoral gathering for advancing gender equality. The conference will debut in Africa, from 17 to 20 July in Kigali, Rwanda. The Bank has earmarked $300,000 to support the Women Deliver 2023 Conference, which is expected to draw […]
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