Tag: African news

Africa Finance Corporation

Africa Finance Corporation Signs US$350 Million Long-term Line of Credit with African Development Bank for Infrastructure

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Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, announced that it has signed a US$350 million long-term line of credit with the African Development Bank (AfDB). The agreement, which was signed during the ongoing 28th Conference of the Parties (COP 28), supports urgently needed financing for infrastructure projects to underpin sustainable […]

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African Energy Chamber (AEC) Advocates for Fast-Tracked Approach to Oil Development and Deals at AfriCaribbean Trade and Investment Forum (ACTF) 2023 in Guyana

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The African Energy Chamber (AEC) (https://EnergyChamber.org) strongly supports the development of oil and gas in Africa and remains committed to facilitating deals between African and global players. Under efforts to strengthen multilateral partnerships and bolster oil and gas deals, the AEC’s Executive Chairman NJ Ayuk is currently conducting a working visit to Guyana, participating in the […]

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Responsible Resourcing Awards: Acknowledging Junior Miners’ Sustainable Initiatives

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Mining Indaba understands how important ESG is to the mining industry, two years ago we introduced the Junior ESG Awards to recognise and honour junior mining companies that are striving to achieve positive impacts related to their companies’ sustainable development. This initiative provides a platform for juniors to share their initiatives in order to be […]

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French Development Agency (AFD) and Rugby Africa are joining forces for the development of women’s rugby in Africa

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On the final of the Rugby World Cup France 2023, the French Development Agency (AFD) (www.AFD.Fr) and Rugby Africa, with the support of the French Rugby Federation (FFR), are operationalizing their partnership through the implementation of an ambitious program to develop women’s rugby in Africa. The partnership between AFD and Rugby Africa, signed on July […]

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Verdant Capital advises Open Access Data Centres (OADC) on landmark Joint Venture Agreement with Texaf

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A landmark joint venture agreement (“JVA”) between Africa’s leading data centre operator, Open Access Data Centres (“OADC”), a WIOCC Group company, and TEXAF, one of the DRC’s oldest business groups, was signed this past July. The JVA crystallizes the two parties’ intention to usher in the next evolution of the DRC’s digital ecosystem by launching […]

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Rand Merchant Bank (RMB): African Risk is not Fairly Priced – Governments Should Take Advantage

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Yield-chasing investors have poured money into the continent but an emerging, recent challenge for Africa is that in a now higher interest rate environment, investors don’t need to come to Africa to find higher returns. Even US treasuries are now yielding far more attractive yields than just a month ago: 3-month government bonds offer 5.32% […]

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Organization of Petroleum Exporting Countries (OPEC) Roundtable Explores Africa’s Development Needs at African Energy Week (AEW) 2023

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Opening remarks by the Organization of Petroleum Exporting Countries (OPEC) Director of Research, Dr. Ayed Al Qahtani, kicked off a roundtable discussion at African Energy Week (AEW) 2023 ­– organized by the African Energy Chamber (https://EnergyChamber.org) – uniting OPEC and non-OPEC African explorers and producers to discuss the continent’s energy development needs, current market conditions […]

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Critical Minerals Africa 2023 Prepares for Official Opening with Full Day of Strategic Presentations

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The first day of the Critical Minerals Africa 2023 summit on Tuesday – organized by Energy Capital & Power (www.EnergyCapitalPower.com) – featured a series of presentations from leading industry experts, providing unparalleled insights into Africa’s critical mineral reserves and geopolitical position in the global mining economy. The main conference program begins on Wednesday, October 18 […]

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African Development Bank appoints Dr Akinsola Babalola as Special Assistant to the President

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The African Development Bank Group (http://www.AfDB.org) has appointed Dr Akinsola Babalola, a banking and finance management professional, Special Assistant to the Bank Group President. Dr Babalola is a Nigerian citizen with over 20 years of experience across sub-Saharan Africa. Before joining the Bank, he was Assistant Vice President at Ecobank Transnational Incorporated in Lome, Togo, […]

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African Development Bank appoints Desiré Jean-Marie Vencatachellum Senior Director, Country Economics Department

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The African Development Bank (www.AfDB.org) has appointed Desiré Jean-Marie Vencatachellum Senior Director of the Country Economics Department, effective 1st November 2023. A Mauritian national and seasoned development banker, Vencatachellum has more than thirty years of experience in strategic leadership on development economics and finance issues, particularly in Africa. He has excelled in leading large and […]

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