Global Gateway

Global Gateway: EU announces new EU Circular Economy Resource Centre and SWITCH to Circular Economy in East and Southern Africa programme to accelerate global transition

NEWS ANNOUNCEMENT – 16 April 2024 – Directorate-General for International Partnerships During the World Circular Economy Forum 2024, European Commissioner for International Partnerships Jutta Urpilainen announced two initiatives aimed at advancing circular economy globally. The establishment of the EU Circular Economy Resource Centre under the Global Gateway strategy will facilitate peer-to-peer exchanges and partnerships between EU and third-country stakeholders, fostering the uptake of sound circular economy policies … Continue reading Global Gateway: EU announces new EU Circular Economy Resource Centre and SWITCH to Circular Economy in East and Southern Africa programme to accelerate global transition

ATD

Togo’s Digital Transformation is on track for 2025 completion

The Togo Digital Agency (ATD) is working on a plan to accelerate the digitization of public services in Togo. Presented at a meeting of the Council of Ministers on Tuesday 09 April 2024, the plan aims to modernise public administrations by introducing innovative technological tools. Under the aegis of the Ministry of Digital Economy and Digital Transformation, this initiative aims to bring citizens closer to … Continue reading Togo’s Digital Transformation is on track for 2025 completion

Buenassa

Buenassa Secures Initial Funding for Greenfield Copper and Cobalt Refinery Project in the Democratic Republic of theCongo

Kinshasa, February 26th, 2024 Buenassa, a pioneering company in the metal processing and trading sector, is proud to announce the award of a subvention of 3.5 million US dollars as initial tranche for the funding of its Project Preparation Facility from the Democratic Republic of the Congo (DRC) Government through the Fonds de Promotion de l’Industrie (FPI). This funding sets the stage for an innovative … Continue reading Buenassa Secures Initial Funding for Greenfield Copper and Cobalt Refinery Project in the Democratic Republic of theCongo

Washington D.C. to Showcase African Energy

Washington D.C. to Showcase African Energy Opportunities to U.S Investors at the 9th Powering Africa Summit (PAS24) this March.

The Honorable Judith Pryor, First Vice President & Vice Chair, Export-Import Bank of the United States (EXIM) will join the U.S. Government-led partnership, summit sponsor and PAS24 co-host, Power Africa, as well as ministers, government organizations, regulators and DFIs between 5-6 March at The Mayflower Hotel in Washington D.C. Government stakeholders, institutional investors, private financiers, service, and technology providers from across the U.S. will meet … Continue reading Washington D.C. to Showcase African Energy Opportunities to U.S Investors at the 9th Powering Africa Summit (PAS24) this March.

UNHCR's Assistant High Commissioner, Raouf Mazou, and African Development Bank Vice President, Marie-Laure Akin-Olugbade, meet newly arrived Sudanese refugees at the Gendrassa transit centre in Maban county, South Sudan. © UNHCR/Samuel Otieno

African Development Bank, UNHCR explore pathways to support forcibly displaced people in South Sudan

JUBA – During a joint visit to South Sudan, the African Development Bank and UNHCR, the UN Refugee Agency, committed to deepening their collaboration for displaced people and host communities in the country. Since the start of the war in Sudan 300 days ago, more than half a million people have arrived in South Sudan, most of them South Sudanese who had been in Sudan … Continue reading African Development Bank, UNHCR explore pathways to support forcibly displaced people in South Sudan

ACI

ACI President Visits Egypt’s New Iconic Tower with Fellow Scholars

On December 16th, 2023, the American Concrete Institute’s (ACI) newly elected president, Dr Antonio Nanni, visited the Iconic Tower at the Central Business District (CBD) of Egypt’s new administrative capital. The main centrepiece among 18 skyscrapers that characterise the Central Business District, the 385-metre-high 80-floor Iconic Tower was designed by Dar and its sister Sidara company Perkins&Will and utilises a special composite structural system. Dr … Continue reading ACI President Visits Egypt’s New Iconic Tower with Fellow Scholars

Africa50

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

Africa

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