African Loans

UAP gets more time to settle Sh8bn Old Mutual, Stanbic loan

[ad_1] Companies UAP gets more time to settle Sh8bn Old Mutual, Stanbic loan Wednesday, July 21, 2021 UAP Insurance Building in Nairobi. PHOTO FILE | NMG By VICTOR JUMAMore from this author summary Insurance group UAP Holdings has restructured 8 billion shillings in loans from its parent company Old Mutual …

Read More »

coalition including Google, GivePower and Silfab Solar brings solar power to one of Africa’s oldest national parks and an important school of peace in the Democratic Republic of Congo | Texas News

[ad_1] AUSTIN, Texas, July 20, 2021 / PRNewswire / – GivePower Foundation, a non-profit organization committed to extending the environmental and social benefits of clean and renewable energy around the world, has completed three solar projects in the Democratic Republic of Congo (DRC) in partnership with Nuru, a Congolese renewable …

Read More »

Campaign aims to free black women from the burden of student debt

[ad_1] Click to enlarge COLUMBUS, Ohio – Black women have more student loan debt than any other group, and a national petition has been launched to write off $ 50,000 in student debt for each borrower. Supporters say it would help build a better future for black women. More than …

Read More »

Two Nigerians become partners in an American law firm

[ad_1] David-Chyddy Eleke An international law firm, McDermott Will & Emery, which is said to be the largest law firm in the United States of America (United States), announced the addition of two Nigerian lawyers, Emeka Charles Chinwuba and Nexus Uzoma Sea as partners of the firm. While Chinwuba will …

Read More »

Eurobond yields rise on Covid, political nervousness

[ad_1] By JAMES ANYANZWA Kenya Eurobonds traded on the Irish and UK stock markets face moderate demand amid concerns over the Covid-19 pandemic and uncertainties surrounding the outcome of cases to block the Building Bridges bill Initiative (BBI) which aims to expand the size of government through Popular Vote. Kenya …

Read More »

Nigeria seeks $ 1 billion for key gas pipeline pending Chinese loans

[ad_1] The headquarters of the Nigerian National Petroleum Corporation (NNPC) are in Abuja, Nigeria on July 28, 2017. REUTERS / Afolabi Sotunde Chinese infrastructure loans across Africa have plummeted NNPC says it is still seeking funds from Chinese lenders Chinese lenders feel too exposed in Nigeria, source says LAGOS, July …

Read More »

Why patience is a virtue in the race to reach net zero

[ad_1] Infrastructure projects in emerging and frontier markets are seldom financially viable on their own due to financial, technical and regulatory barriers. “Patient capital” provides the time and space to start high quality infrastructure projects. Targeted investments of public funds can catalyze private sector investments in infrastructure projects that contribute …

Read More »

West Africa: factoring offers an alternative to financing for SMEs – Central Bank of West African States

[ad_1] Factoring, which is a financial management technique allowing a company to liquidate its receivables and recover liquidity, can be an alternative and complementary solution to financing, in particular for SMEs and SMIs the Governor of the Central Bank of the States of West Africa (Bceao), Tiémoko Meyliet Koné declared …

Read More »

Elan joins AACUC to boost diversity

[ad_1] Credit card issuer Elan is now the newest member of the African American Credit Union Coalition (AACUC), a nonprofit organization of African American professionals working on credit diversification, Elan said in a statement. release emailed to PYMNTS. The partnership will mean more resources for AACUC, to help continue its …

Read More »

Turkish Airlines increases wages and secures funding backed by MAX Jets

[ad_1] Things are starting to improve at Turkish Airlines. As it faces an improving global recovery, the carrier has received new funding from US-based Castlelake, backed by four new 737 MAX jets. On top of that, the airline also publicly announced that it would be increasing the salaries of its …

Read More »

Manchester City aim for Barcelona’s Antoine Griezmann

[ad_1] 22:34 GMT Nick juddTransfer writer Barcelona’s Antoine Griezmann is attracting interest from Man City, the Premier League team. CRISTINA QUICLER / AFP via Getty Images Amid all the action from Euro 2020 and Copa America, the summer transfer window has opened, with Europe’s biggest clubs looking to make a …

Read More »

Smile Identity Raises $ 7 Million to Create KYC and Identity Verification Tools for Africa – TechCrunch

[ad_1] An estimated one billion people around the world face the challenge of proving who they are, aAccording to a report by the World Bank Group which indicates that 81% of this number live in sub-Saharan Africa and South Asia without official proof of identity. It is not news that …

Read More »

Eyes on Africa’s growing debt – Opinion – The Guardian Nigeria News – Nigeria and World News

[ad_1] FILE: Chinese President Xi Jinping (R) speaks with Nigerian President Muhammadu Buhari in Beijing, capital of China, April 12, 2016 (Xinhua / Rao Aimin) In recent times, African leaders have spotted a defining moment and seized the opportunity to borrow money recklessly with some confidence guided by the propaganda …

Read More »

Ecobank Group takes a new step in financial inclusion in Africa

[ad_1] The Ecobank Group (www.Ecobank.com) and Semoa, a Fintech based in Lomé, enable mobile money users in Togo to perform banking transactions faster and easier, across the Western Economic and Monetary Union. African ( UEMOA) via a new digital banking service via Whatsapp called “Express cash by Semoa”. The Ecobank …

Read More »

Barcelona winger Francisco Trincao joins Wolves on season-long loan

[ad_1] Barcelona winger Francisco Trincao has joined Wolves on a one-season loan with an option to make the deal permanent, the Spanish club announced on Sunday. The 21-year-old is Barca’s latest hope to leave the club this summer, with defender Jean-Clair Todibo and winger Konrad De La Fuente having left …

Read More »

The risk of default in Africa has increased – AfDB

[ad_1] The African Development Bank said the risk of default is increasing among African countries. This statement was included in the Strategy for Economic Governance in Africa, which was launched on Friday by the AfDB. The economic strategy document said that countries have developed debt vulnerabilities due to the decline …

Read More »

African All Stars Transfer News & Rumors: Liverpool watch Brighton’s Bissouma to replace Wijnaldum

[ad_1] Goal brings you all the latest news, rumors and offers related to African stars around the world Liverpool watch Bissouma Liverpool are targeting Brighton & Hove Albion midfielder Yves Bissouma as they look to replace Gini Wijnaldum. According to Echo of Liverpool , Bissouma is among the players on …

Read More »

Tax increases on airtime and unwanted bank loans

[ad_1] Editorials Tax increases on airtime and unwanted bank loans Thursday 01 July 2021 President Uhuru Kenyatta signs the Income Division Bill 2021 at State House, Nairobi, April 30, 2021. PHOTO | PSCU By DAILY BUSINESSMore from this author summary With the stroke of a pen, President Uhuru Kenyatta will …

Read More »

Sudan approved debt relief, $ 2.5 billion in IMF funding

[ad_1] Sudan’s unusually high debt burden A country in the throes of a deep economic crisis Government struggles to finance imports Prime Minister welcomes “big day” June 29 (Reuters) – Sudan on Tuesday received approval from the International Monetary Fund for more than $ 56 billion in debt relief and …

Read More »

Congo signs deal for two 100 MW solar power plants in copper belt

[ad_1] KINSHASA, June 29 (Reuters) – Democratic Republic of Congo public utility company SNEL on Tuesday announced that it has signed power purchase agreements for the construction of two 100 megawatt (MW) solar power plants in the south -is rich in copper and cobalt. for over $ 300 million. SNEL …

Read More »

Russian mercenaries behind war crimes in Africa, UN says

[ad_1] NAIROBI, Kenya – Russian mercenaries deployed to one of Africa’s most fragile countries killed civilians, looted homes and gunned down worshipers in a mosque during a major military operation earlier this year, discovered United Nations investigators. The accusations of atrocities are documented in a report for the UN Security …

Read More »

Morocco obtains EUR 37.5 million EIB loan to improve water supply

[ad_1] The European Investment Bank (EIB) has lent 37.5 million euros to the National Electricity and Drinking Water Company (ONEE) of Morocco to rehabilitate and improve water supply and distribution infrastructure in the country. An agreement was signed on Friday by both parties. EIB financing will help the Kingdom of …

Read More »

Nigerian man charged with unemployment scam will remain in jail

[ad_1] SEATTLE (AP) – A Nigerian government official arrested in connection with a $ 650 million unemployment fraud in Washington state will remain in jail until his trial, a federal judge said on Friday. U.S. District Judge Benjamin Settle of Tacoma agreed with federal prosecutors that Abidemi Rufai, 42, posed …

Read More »

Alok Sharma to address the African Development Bank in June 2021

[ad_1] Greetings to all of you. And thank you for inviting me to join you today. My friends, I am absolutely determined that COP26 will be a COP in the service of African nations. That it will support the countries of this continent to respond to the climate crisis, to …

Read More »

FSD Africa Investments Approves $ 4.5 Million Funding for Renewable Energy Financing Intermediary Nithio FI

[ad_1] Wednesday, June 23, 2021 / 4:00 p.m. / FSD Africa / Header image credit: FSD Africa FSD Africa Investments (FSDAi), the investment arm of FSD Africa, rrecently invested US $ 4.5 million in Nithio FI, a renewable energy finance intermediary focused on the off-grid solar sector Pay as You …

Read More »

EIB approves EU funding of 80 million for geothermal energy in East Africa

[ad_1] Rig up on the site of Aluto Langano, Ethiopia (source: Teka Nigussie Gebru) The European Investment Bank has approved funding of € 80 million to unlock up to € 500 million in funding for geothermal energy projects led by the private sector in East Africa. As part of a …

Read More »

How fintech is driving the digital revolution in Africa

[ad_1] Fintech can help African countries transform their economies. (Alistair Berg, Getty Images) The African continent has embraced the mobile fintech revolution. Not only is it home to some 300 million users, the largest number of accounts in the world, but more than 500 African companies offer technological innovations in …

Read More »

The digital divide risks leaving millions of rural families in poverty

[ad_1] Despite a massive increase in the number of migrants sending money home via digital transfers due to the COVID-19 pandemic, millions of their rural family members are struggling to access mobile banking services that could potentially affect them. help to get out of poverty. The president of the United …

Read More »

African All Stars Transfer News & Rumors: Chelsea to add Loftus-Cheek to Hakimi offer

[ad_1] Goal brings you all the latest news, rumors and offers related to African stars around the world Chelsea add Loftus-Cheek to Hakimi’s offer Chelsea are ready to add Ruben Loftus-Cheek to their offer to sign Inter Milan winger Achraf Hakimi, according to La Gazzetta dello Sport. Les Bleus are …

Read More »

Beyond vaccine hesitancy: It’s time for Africa to expand its vaccine manufacturing capacity amid growing COVID-19 vaccine nationalism

[ad_1] In The Lancet Microbe, Paul Adepoju provides a report 1 Africa is preparing for COVID-19 vaccines. on Africa’s delay in the global race to roll out mass vaccination against COVID-19. This race is unprecedented and characterized by high-income countries adopting strategies such as pre-ordering millions of doses before COVID-19 …

Read More »

The ALYI EV pilot in Africa benefits from IQST and the UN

[ad_1] Dallas, Texas, June 18, 2021 (GLOBE NEWSWIRE) – Alternet Systems, Inc. (OTC Pink: ALYI) today released a management update after performing a scheduled review of its electric motorcycle development program last week with the dedicated design team of MODUS Applied Innovations. The review and corresponding update include details of …

Read More »

Lions loan rivals Hacjivah Dayimani and Wiehahn Herbst to rivals

[ad_1] the Lions announced they have loaned term Hacjivah Dayimani and Wiehahn Herbst to his fellow First Division Currie Cup rivals, Western Province and the Sharks, respectively. In a move that will shock many, the Lions have confirmed that free forward Dayimani, as well as heavily traveled mainstay Herbst, are …

Read More »

Flint’s new DDA director is the first woman and the first African-American to hold the post

[ad_1] FLINT, MI – The Downtown Development Authority of Flint has hired a new executive director and made history in the process. Kiaira May, who worked at Quicken Loans and Bedrock Real Estate in Detroit, was unanimously appointed to the post by the DDA board of directors and began her …

Read More »

Karen Comer Lowe appointed Executive Director of Hammonds House Museum, Atlanta institution known for its collection of African-American art

[ad_1] AN ATLANTA INSTITUTION with a formidable collection of black art, the Hammonds House Museum announced Karen comer lowe is its new managing director and first chief curator. Comer Lowe has a wide range of experiences in the Atlanta arts scene, having most recently served as director and curator at …

Read More »

Nigeria records highest number of fintech app installs in Africa

[ad_1] The pandemic has radically transformed the way consumers interact with fintech and how it works. Fintechs have grown rapidly, thanks to digital transformation in 2020. Mobile apps have played a key role in transforming fintech across the globe, especially in regions with unbanked or underbanked populations. According to a …

Read More »

South African President Ramaphosa urges G7 countries to close Covid-19 funding gap

[ad_1] Ramaphosa, who joined a wealthy democracies club summit in England and addressed them on Saturday, said the G7 countries, which together account for more than half of global production, should support the accelerator of access to Covid-19 tools to plug the $ 16.8 billion funding gap for this year. …

Read More »

FACT SHEET: US and G7 + partners to deliver more than 2 billion vaccines globally

[ad_1] The United States and our G7 partners are mobilizing to defeat COVID-19 through historic funding, donations and capacity building, demonstrating how democracies can provide for our people and the world. This week in Cornwall, the United States and G7 + leaders announced more than a billion safe and effective …

Read More »

African All Stars Transfer News & Rumors: Besiktas prepares Awaziem’s ​​return to Super Lig

[ad_1] Goal brings you all the latest news, rumors and offers related to African stars around the world Besiktas prepares Awaziem’s ​​return to Super Lig Turkish champions Besiktas are looking to bring Nigerian defender Chidozie Awzaziem back to Super Lig. According to Ortacizgi, the Black Eagles are ready to pay …

Read More »

South Sudan: New funding to address acute food insecurity and the locust crisis – South Sudan

[ad_1] WASHINGTON, June 8, 2021– South Sudan will benefit from two new projects totaling $ 116 million that aim to build the capacity of farmers, improve agricultural production and restore livelihoods and food security. South Sudan faces increasing levels of food insecurity despite increased production, with exceptionally high food prices …

Read More »

New funding to address acute food insecurity and the Desert Locust crisis

[ad_1] WASHINGTON, June 8, 2021– South Sudan will benefit from two new projects totaling $ 116 million that aim to build the capacity of farmers, improve agricultural production and restore livelihoods and food security. South Sudan faces increasing levels of food insecurity despite increased production, with exceptionally high food prices …

Read More »

Climate change is a threat to transport systems in Africa: what to do

[ad_1] Worst disruption to Tanzania’s multimodal transport networks could lead to losses of up to $ 1.4 million per day Transport infrastructure, such as roads and rail systems, is one of the sectors most threatened by climate change. Extreme weather events, such as flooding, sea level rise and storm surges, …

Read More »

Bank worker involved in Rand 1.5million loan scam

[ad_1] A former employee of Capitec Bank is one of three people implicated in a loan scam to Graaf Reinet, to the tune of R 1.5 million. One of them, Heinrich Presensie, 36, was sentenced by the commercial crime court in Gqeberha on Wednesday, June 9, 2021, after pleading guilty …

Read More »

What Africa Check found in the White Spiritual Boy Trust rabbit hole

[ad_1] By researcher Naledi Mashishi Africa Check does not hesitate to verify the absurd. We have investigated allegations that dead sirens were found in the swimming pool of a South African president. And did a Prophet really dare a lion to fight in Kruger National Park? But I didn’t expect …

Read More »

Having trouble getting a home loan?

[ad_1] It was recently reported that 80.7 percent of ooba home loan applicants secured financing in the first quarter of 2021. Fifteen percent of applicants were turned down due to lack of affordability and lack of bad credit rating. Of those rejected homeowners, 44% were turned down by their own …

Read More »

Climate change and the future of development finance in Africa

[ad_1] For three days last week, from June 1 to 3, 2021, the African Development Bank (ADB) and the Association of African Development Finance Institutions (AADFI) hosted a webinar aimed at enlightening stakeholders on the challenges and opportunities facing development finance in Africa. Some of the issues discussed include foreign …

Read More »

Poor countries urge G-7 members to share more Covid-19 vaccines

[ad_1] Public health officials and leaders in developing countries should pressure the Group of Seven countries to pledge large Covid-19 vaccine donations and billions in funding during a summit later this week, saying the developing world needs more help to emerge from the worst of the pandemic. High vaccination rates …

Read More »

The Natan Fund helps new entrepreneurs achieve their dreams

[ad_1] “We have helped hundreds of new small businesses to open in Israel since the start of the coronavirus pandemic,” said Dorit Simonovich Lahav Tsur, manager of the Natan Fund. “Instead of giving fish to the poor, we give them fishing rods so that they can support themselves. “ The …

Read More »

EXCLUSIVE In boost for Africa, Senegal aims to take COVID snapshots next year

[ad_1] Senegal could start producing COVID-19 vaccines next year as part of a deal with Belgian biotech group Univercells to boost drug-manufacturing ambitions in Africa, a source involved in the process told Reuters. project funding. As rich countries begin to reopen after securing vaccine supplies early, African countries are still …

Read More »

African All Stars Transfer News & Rumors: Chelsea open for Ziyech sale

[ad_1] Goal brings you all the latest news, rumors and offers related to African stars around the world Chelsea open for sale from Ziyech Premier League side Chelsea are set to sell Hakim Ziyech this summer, according to Calciomercato. The Morocco international has struggled to win with the Champions League …

Read More »

Outlook for Africa Finance Corporation’s rating upgraded to stable by Moody’s

[ad_1] NEW YORK,–(COMMERCIAL THREAD) – Africa Finance Corporation, the leading provider of infrastructure solutions in Africa, received an increase in its credit rating outlook from Moody’s Investors Service, which assigned a “stable” outlook. The decision ratifies the second investment grade ranking among African institutions for AFC, with Moody’s upholding the …

Read More »

The Latest: Arizona State-Managed Vaccination Sites Closed | national news

[ad_1] Doctors at hospitals treating COVID-19 patients around the state cannot remember a single death of a vaccinated person. Yet health officials are struggling to convince certain groups to get vaccinated, especially young people and minorities. Hispanic and black residents continue to be hospitalized at disproportionately high rates, according to …

Read More »

On the occasion of Africa Day, Casablanca Finance City (CFC) tackles preconceived ideas on the continent

[ad_1] Casablanca, Morocco – (COMMERCIAL THREAD) – Casablanca Finance City (CFC) (https://CasablancaFinanceCity.com), the leading financial center in Africa, celebrates Africa by producing a web-TV program, CFC Talks – Special Africa Day (https: // bit.ly / 3vMGMl0), to fight against preconceived ideas on the continent and raise awareness of its potential …

Read More »

Salah and Aina among Premier League goal of the season nominees

[ad_1] The goals of the Egyptian and Nigerian stars were shortlisted for the annual distinction of the English elite division Goals from Mohamed Salah and Ola Aina have been nominated for the Premier League goal of the season award. Salah played a crucial role in Liverpool’s third place in the …

Read More »

Two Ethiopian projects show ‘railpolitik’ in action

[ad_1] Ten years ago, when late Ethiopian leader Meles Zenawi planned 5,000 km of standard gauge railway, the landlocked country got a $ 2.5 billion loan from China Eximbank. This loan was linked to the construction of an 800 km east-west railway line between Addis Ababa, the capital, and the …

Read More »

Feasibility of Renewable Energy in Ethiopia by Analyzing Financing Options |

[ad_1] Featured Image: Stock RES4Africa and BonelliErede recently discussed project finance, mitigation tools and more in an online meeting focused on Ethiopia and its renewable perspectives. BonelliErede, an international law firm, together with the RES4Africa Foundation, an organization dedicated to promoting renewable energy in Africa, addressed the management of bankability …

Read More »

ICC Prosecutor Urges Sudan To Hand Over Darfur Suspects | Voice of America

[ad_1] CAIRO – The International Criminal Court prosecutor on Sunday urged the transitional government of Sudan to hand over suspects wanted for war crimes and genocide in the conflict in Darfur, the official Sudanese news agency reported. ICC Prosecutor Fatou Bensouda arrived in Sudan’s West Darfur region on Saturday to …

Read More »

IMF agrees to provide $ 1.5 billion loan to DRC

[ad_1] The staff of the International Monetary Fund have agreed to provide $ 1.5 billion to the Democratic Republic of the Congo over the next three years, likely securing the country’s first official lending program with the lender since 2012. The agreement, which has yet to be definitively approved by …

Read More »

IFC and development groups help finance vaccine production in Africa

[ad_1] FILE PHOTO: A woman holds a small bottle labeled with a “COVID-19 Coronavirus Vaccine” sticker and medical syringe in this illustration taken October 30, 2020. REUTERS / Dado Ruvic / File Photo (Reuters) – Global development groups including International Finance Corp (IFC) have said they will consider helping African …

Read More »

Tobacco pays off in Zimbabwe, but growers talk about debt

[ad_1] Zimbabwean farmers are growing tobacco again. But some say it’s the lenders who profit from farmers’ debt. Rosemary Dzodza is a small farmer who recently traveled 200 kilometers to the capital, Harare. She brought her tobacco crop for what she hoped would be a profitable day. But the 60-year-old …

Read More »

YABX among the world’s best startups nominated for the GSMA GLOMO 4YFN Impact Awards

[ad_1] NEW DELHI, May 27, 2021 / PRNewswire / – Yabx, a digital lending fintech company, today announced that it is the only Indian startup to be shortlisted by the GSMA for the 2021 GLOMO 4YFN (4 Years From Now) Impact Awards. The 4YFN Impact Awards are the GLOMOs category …

Read More »

African stars transfer news and rumors: Konate passes Liverpool medical check

[ad_1] Goal brings you all the latest news, rumors and offers related to African stars around the world Konate passes Liverpool medical check Ibrahima Konate will complete his move to Liverpool in the coming weeks and has already passed his medical with the Premier League club according to the Mirror. …

Read More »

IntoCare Medical Raises Up to RMB100 Million in Round D Funding, Doubling the Motorized Stapling Market

[ad_1] Founded in 2015, IntoCare is a high-tech company focused on manufacturing and marketing innovative surgical instruments. The company is committed to becoming one of the most innovative and dynamic surgical instrument companies in the China. Thanks to its precise and in-depth knowledge of clinical demands, IntoCare has constantly innovated …

Read More »

Easy registration to close the financing gap for African SMEs Sh33trn

[ad_1] Chroniclers Easy registration to close the financing gap for African SMEs Sh33trn Wednesday, May 26, 2021 Nairobi Stock Exchange dealing room. PHOTO | NMG By RUFUS MWANYASIMore from this author summary It is undeniable that SMEs play a vital role in the growth of an economy both as a …

Read More »

Hydrogen, financing the energy transition and climate change @Enlit Africa

[ad_1] Can Africa carve out a role for itself in the booming hydrogen market? How do cities weather-proof their energy sectors and water systems? Where will the funding for the 5Ds of the energy transition come from? These are just a few of the relevant questions and topics for discussion …

Read More »

Africa’s infrastructure paradox can be alleviated with innovative finance | New times

[ad_1] 108 billion dollars. This number, too large to be apprehended, represents Africa’s annual infrastructure financing gap, and as revealed by a study conducted by the African Center for Economic Transformation (ACET) and Omdena, a data, it could grow to 1.7 (!) Trillion dollars over the next 20 years. years. …

Read More »

Black US borrowers get over $ 14 billion in PPP loans, while others miss funding because funding unexpectedly ends

[ad_1] This year, black and African American borrowers obtained more than $ 14 billion in paycheck protection program loans. In this category, 714,501 loans worth about $ 14.1 billion have been approved as of May 16, according to data from the US Small Business Administration. Asian borrowers took in 148,406 …

Read More »

African All Stars Transfer News & Rumors: Belhanda is about to return to Montpellier

[ad_1] Goal brings you all the latest news, rumors and offers related to African stars around the world Younes Belhanda should return to Montpellier Belhanda will return to Ligue 1 Montpellier this summer as a free agent, according to L’Equipe. The Morocco international has been without a club since leaving …

Read More »

Q&A: Reflecting on Five Years of Raising Children in Crises, Emergencies and Displacement by Alison Kentish – Global

[ad_1] UNITED NATIONS, May 22, 2021 (IPS) – Education Cannot Wait (ECW), the global fund that brings teaching and learning to children in emergencies and protracted crises, observes five years of reaching boys and girls in some of the conflict zones and hardest hit disasters in the world. The initiative, …

Read More »

U.S.-Chinese tech struggle opens new front in Ethiopia

[ad_1] A US-backed consortium defeated a China-funded consortium in a closely watched telecommunications auction in Ethiopia, giving Washington a victory in its attempt to challenge Beijing’s economic influence in the world. The East African country said on Saturday it had hired a group of telecommunications companies led by Britain’s Vodafone …

Read More »

The Republic of the Congo is a global ‘black debt’ pioneer

[ad_1] An expert’s point of view on a current event. May 21, 2021 at 3:13 PM Governments that are both cash strapped and already in debt have always had the best of luck. What should a country do when it is rejected by regular sources of credit, but its spending …

Read More »

Team Europe launches new funding platform to support health security and resilience in Africa – World

[ad_1] Sustainable Health Industry for Resilience in Africa (SHIRA) to strengthen health security and resilience across Africa and address weaknesses highlighted by COVID-19 European Investment Bank and European development finance institutions mobilize private sector finance to improve health security and resilience SHIRA Supports Wider Team Europe Initiative to Strengthen Manufacture …

Read More »

New directory focuses on black businesses in the region

[ad_1] While today’s wealth inequality may be linked to the Jim Crow era, supporting black-owned businesses can shake the needle. Small business owners create wealth for their families and strengthen local economies. Forty-eight percent of purchases made from small businesses flow through the local community, compared to 14% of purchases …

Read More »

Sudanese turn to solar power amid electricity shortages

[ad_1] Sudanese farmer Mohammed Mahgoub was spending more than $ 12 a day on gasoline to run his farm in Nile state, braving long lines at gas stations to power his irrigation pumps. But a solar power unit he built a year ago to power his farm has helped him …

Read More »

Navigate the minefields by offering a customer on credit the “lowest rate” | Hudson Cook, LLP

[ad_1] Every day, donors offer financing to clients. Sometimes they encourage a customer to apply for credit from the dealership by saying they can give the customer the best financing deal. One such claim led a Ford dealership to court by a customer, who alleged misrepresentation and racial discrimination under …

Read More »

This fintech solution helps African refugees store and send money

[ad_1] Mobile money is a digital wallet technology that allows money to be stored on standard, non-smart cell phones. It’s extremely popular in East Africa, but as plans and services vary from country to country, there may be issues accessing cash when crossing borders. These problems can be particularly difficult …

Read More »

France sells 30 Rafale fighter jets to Egypt in $ 4.5 billion deal

[ad_1] Egypt’s defense ministry said the sale would be funded by a loan to be repaid over at least 10 years. In this archive photo from February 21, 2020, French Navy Rafale fighter jets are seen aboard the Charles de Gaulle aircraft carrier. (Reuters) Egypt has signed a contract with …

Read More »

Mabel O. Wilson reflects on 30 years of breaking borders

[ad_1] On April 5, 2021, Mabel O. Wilson (GSAPP’91), professor at the Graduate School of Architecture, Planning, and Preservation and director of the Institute for Research in African American Studies, gave a talk on the beginnings of her practice . Covering architectural projects, publications, installations, performances and exhibitions, Wilson explained …

Read More »

Women are a mainstay of fisheries in West Africa. But they get a raw deal

[ad_1] Across West Africa, the artisanal fishing sector is a crucial source of livelihoods and food security. For example, in Nigeria, artisanal fishing accounts for 80% of the fish consumed and supports the livelihoods of around 24 million people. Both men and women work in the sector, although the workforce …

Read More »

AFD and Eskom commit to a competitive electricity sector

[ad_1] Featured Image: 123rf.com The French Development Agency (AFD) and Eskom today [Monday, 3 May] signed a memorandum of understanding to further affirm their commitment to the promotion and development of a competitive electricity sector. Over the past 14 years, AFD has committed 5.9 billion rand (340 million euros) in …

Read More »