Category: Africa

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Africa50
Africa, Global

An African First: Africa50 Infrastructure Acceleration Fund Achieves First Close, Securing $222.5 Million Primarily from African Institutional Investors

9 January 2024 Casablanca, 09 January 2024 – Africa50 Group, the pan-African infrastructure investment platform announced today the successful first close of the Africa50 Infrastructure Acceleration Fund (Africa50 – IAF) on December 29th, 2023. securing $222.5 million in commitments. In an African first, Africa50-IAF secured participation from 16 African institutional investors, including sovereign wealth funds, pension funds, social security funds, insurance companies, banks and Development Finance … Continue reading An African First: Africa50 Infrastructure Acceleration Fund Achieves First Close, Securing $222.5 Million Primarily from African Institutional Investors

Impact Newswire
Zindi
Africa, Global, Middle East

Zindi, ITU and Huawei team up for Crowdsourcing AI Solutions for Climate Change event at COP28

By Business Desk – December 6, 2023 December 4th 2023, Dubai UAE // COP28 – The International Telecommunications Union (ITU), Huawei, and Zindi jointly announced the winners of the AI/ML for 5G-Energy Consumption Modelling Challenge solutions as part of an official COP28 side event, Crowdsourcing AI Solutions for Climate Change, The AI/ML for 5G challenge, coordinated by ITU, sponsored by telecommunications giant Huawei, and hosted on the Zindi platform for data practitioners, … Continue reading Zindi, ITU and Huawei team up for Crowdsourcing AI Solutions for Climate Change event at COP28

Impact Newswire
Africa
Africa, Global

Africa – South African Economy Faces Slight Contraction in Q3 Amid Declines in Key Sectors

In a recent update, South Africa’s economy has experienced a slight downturn in the third quarter of this year. Data released by the national statistics agency revealed that critical industries like agriculture, mining, and construction witnessed a decrease in output. Contrary to analyst predictions of a 0.1 percent decline, the actual contraction was slightly higher at 0.2 percent on a quarter-on-quarter seasonally adjusted basis. This … Continue reading Africa – South African Economy Faces Slight Contraction in Q3 Amid Declines in Key Sectors

Impact Newswire
DIRE DAWA AND NEDAMCO
Africa, Global, Middle East

REVOLUTIONIZING WATER STEWARDSHIP – THE CITY OF DIRE DAWA AND NEDAMCO AFRICA UNVEIL CUTTING-EDGE WATER MANAGEMENT PLATFORM INITIATIVE AT COP28

DECEMBER 9TH 2023 | COP28 UAE PRESS CENTER “In a joint press statement today, the city of Dire Dawa, Ethiopia and Nedamco Africa announced the launch of Nedamco Africa’s comprehensive digital water management platform, “CCW” for the Dire Dawa administration. This success-based public-private partnership is a testament to Dire Dawa’s dedication to pioneering environmental innovation and showcases the city’s proactive role in embracing advanced technologies. … Continue reading REVOLUTIONIZING WATER STEWARDSHIP – THE CITY OF DIRE DAWA AND NEDAMCO AFRICA UNVEIL CUTTING-EDGE WATER MANAGEMENT PLATFORM INITIATIVE AT COP28

Impact Newswire
COP28
Africa, Global, Middle East

At COP28, Kenya’s President Ruto convenes African Leaders to launch GreenIndustrialization Initiative, capitalizing on UAE’s Clean Energy Pipeline in Africa

Dubai, United Arab Emirates – December 2nd, 2023 William Ruto, President of Kenya, and the UAE have joined to convene African Heads of State and other prominent personalities in a landmark event at COP28 to accelerate Africa’s Green Industrialization. The launch event was attended by the Heads of State for Angola, Burundi, Djibouti, Ghana, Cote d’Ivoire, Mauritania, Nigeria, Senegal and Zambia; COP28 President Dr Sultan … Continue reading At COP28, Kenya’s President Ruto convenes African Leaders to launch GreenIndustrialization Initiative, capitalizing on UAE’s Clean Energy Pipeline in Africa

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