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Cabo Verde President José Maria Neves on Thursday joined the development community in calling for urgent universal vaccine access as a way to mitigate the impact of Omicron and other variants of the Covid-19 virus. The World Health Organization on Friday categorized Omicron as a Covid-19 “variant of concern”, signifying that it could be more […]
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Cabo Verde President José Maria Neves on Thursday joined the development community in calling for urgent universal vaccine access as a way to mitigate the impact of Omicron and other variants of the Covid-19 virus. The World Health Organization on Friday categorized Omicron as a Covid-19 “variant of concern”, signifying that it could be more […]
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The process of land degradation negatively affects 3.2 billion people globally out of which 2 billion are located across dryland regions. Promoting and investing in healthy and vibrant drylands worldwide is therefore key to build back better and to promote a resilient world that fosters food security, biodiversity, addresses climate change, achieves land degradation neutrality, […]
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The Board of Directors of the African Development Bank (www.AfDB.org) on 19 November 2021 approved a $35 million unfunded risk-sharing facility to support the trade finance activities in Africa of Ecobank International affiliates, EBI SA. Stefan Nalletamby, Director for Financial Sector Development at the African Development Bank, said the renewal of the partnership with Ecobank […]
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African heads of state and government together with senior policymakers will share their perspectives on how to reshape Africa’s development financing models at the 2021 African Economic Conference, which takes place on Thursday, 2 December. Cabo Verde Deputy Prime Minister and Minister of Finance Olavo Correia said the conference offered “an extraordinarily important moment” to chart […]
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Erection and commissioning of 96 SG 2.6-114 wind turbines in less than 10 months; Long term maintenance provided through a 15-year service agreement; Generation of 1,000 GWh per year increasing Egypt’s installed wind energy capacity by 18%; First renewable energy project in Egypt to be energized through a 220kV Gas Insulated Substation developed by Siemens […]
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The just ended DRC Africa Business Forum promises the development of robust battery industry and a huge contribution to the electrification of transport systems, which will enable Africa to add more value to its endowments in minerals. The Democratic Republic of the Congo supplies about 70 per cent of the world's cobalt used in the […]
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The African Development Bank (AfDB.org) and IFC, a member of the World Bank Group, on Wednesday signed a partnership agreement admitting IFC as the first institutional partner to the Development Finance Compact for Portuguese-Speaking Countries of Africa, or the Lusophone Compact. The agreement was signed by African Development Bank Vice President for Corporate Services and […]
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Day two of the Libya Energy&Economic Summit 2021, held in Tripoli on 23 November, featured a virtual presentation by Michael Curran, Head of Carbon for Dutch energy and commodities trader, Vitol, who discussed Libya’s renewables potential, the diversification of its energy mix, and the role that the northern African country will play in the global […]
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The Libya Energy&Economic Summit 2021 provided regional and international participants with an inside view of the country’s formidable energy sector. Two days of networking, dialogue, and engagement have led to several high-level deals being signed, partnerships formed, and challenges addressed that will lead the country into a new era of sustained energy and economic growth. […]
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The Libya Energy&Economic Summit 2021 is committed to driving foreign capital, technology and expertise into the country’s energy sector, utilizing sectoral revitalization as a catalyst for broader economic growth. Accordingly, a panel discussion on day two of the Summit examined Libya’s infrastructure needs and the progress needed across the energy spectrum to support national growth. […]
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Jump Capital has led the investment of $4.2m into Busha (www.Busha.co), an Africa-based cryptocurrency exchange. Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, Raba Capital, and other investors also participated in the financing round. Since 2019, Busha has been scaling its services across Nigeria, and the new funding will go toward deepening its market positioning […]
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Jump Capital has led the investment of $4.2m into Busha (www.Busha.co), an Africa-based cryptocurrency exchange. Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, Raba Capital, and other investors also participated in the financing round. Since 2019, Busha has been scaling its services across Nigeria, and the new funding will go toward deepening its market positioning […]
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Jump Capital has led the investment of $4.2m into Busha (www.Busha.co), an Africa-based cryptocurrency exchange. Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, Raba Capital, and other investors also participated in the financing round. Since 2019, Busha has been scaling its services across Nigeria, and the new funding will go toward deepening its market positioning […]
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Adanian Labs (www.AdanianLabs.io) has launched the Adanian Labs Venture Building Program call for startups for 2022. The program invites applications from tech entrepreneurs for the 2022 cohort of exceptional startups to join Adanian Labs in Kenya, Tanzania, Zambia, Nigeria and South Africa. Since its establishment in 2020, Adanian Labs has incubated fourteen (14) groundbreaking tech […]
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