(AFRICAN EXAMINER) – African Development Fund has approved a $4.3 million grant to fund capacity building within Ethiopia’s finance ministry and related government departments. The grant is to enable Ethiopia tackle declining growth and other economic challenges. The country’s Ministry of Finance will implement the project. The project will support capacity strengthening of the Government […]
(AFRICAN EXAMINER) – The Secretariat for the Common Market for Eastern and Southern Africa (COMESA) and the African Development Bank (AfDB) have launched phase one of the Africa Cloud Ecosystem Project. The regional cloud ecosystem project will be financed with a $550,000 grant from the NEPAD Infrastructure Project Preparation Facility Special Fund (NEPAD-IPPF) to support […]
(AFRICAN EXAMINER) – The Kenyan government on Thursday sent 19 police officers to Somalia to help strengthen stabilisation efforts in the country. Police spokesman Bruno Shioso said in a statement that the officers would join an ongoing peacekeeping mission under the African Union Transition Mission in Somalia (ATMIS) “which is aiming at de-escalating violence in […]
(AFRICAN EXAMINER) – A Moroccan peacekeeper was accidentally shot dead on Wednesday in the Democratic Republic of the Congo (DRC), the Royal Moroccan Armed Forces (FAR) said on Thursday. The soldier was accidentally shot in Butembo, North Kivu by a UN police officer who was part of the teams sent to reinforce the Moroccan contingent, […]
(AFRICAN EXAMINER) – African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, has approved a grant of $2 million to boost food production in Sierra Leone. The programme falls under the AfDB’s $1.5 billion African Emergency Food Production Facility, a response to the global food crisis that resulted from the […]
(AFRICAN EXAMINER) – Former President Olusegun Obasanjo used to be a chimera. His influence was mythical, yet sweeping. In the past, Nigeria was too small to contain his stature — as he dominated the horizons across Africa and beyond. He lived up to his legend of being a human Orisa. He is, perhaps, still one […]
(AFRICAN EXAMINER) – African Development Bank (AfDB) has expressed its justification for prioritizing climate financing in its development intervention programmes in Africa. The Bank said the premium it places on climate finance, strengthened its commitment to double its climate finance from $12.5 billion in the 2016-2020 period to $25 billion between 2020-2025 and to allocate […]
(AFRICAN EXAMINER) – At least 30 passengers were killed and several others injured on Sunday evening when their bus fell off a bridge and plunged into a river along the highway in Tharaka Nithi. The Eastern Regional Police Commander Rono Brunei said on Monday. The bus, travelling from Meru town to the coastal city of […]
(AFRICAN EXAMINER) – Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine. For the thirteenth consecutive year, the Bank retained its position as the number one Tier-1 bank in Nigeria with a Tier-1 Capital of […]
(AFRICAN EXAMINER) – The African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) has approved a $5.4 million grant to build food security in Somalia. The ADF has the challenge of having nearly half its client countries as fragile states and having nearly half its client countries as fragile states, and […]
(AFRICAN EXAMINER) – African American entrepreneur, Paul Allen Billings from Muskegon, Michigan, has opened the East Africa’s newest Safari in Tanzania. The newly launched Safari dubbed, VisitTanzania4Less.com, is an African Safari Company dedicated to providing a safe safari that will advance visitors’ knowledge of the amazing country while leaving lifetime memories. Africa is known for […]
(AFRICAN EXAMINER) – Angola’s Minister of Finance, Vera Daves de Sousa has emerged the winner of this year’s African Finance Minister Award. The award, organized by the African Banker magazine through the vote of an independent committee of industry experts, is traditionally announced during the African Development Bank (AfDB) Annual meetings. The committee awarded the […]
(AFRICAN EXAMINER) – African Development Bank (AfDB) Group has approved a Risk Participation Agreement of $50 million with Crédit Agricole Corporate and Investment Bank (CIB) to stimulate intra-African trade. CIB is the Corporate and Investment Banking arm of Crédit Agricole Group, the world’s 10th-largest bank by balance sheet size in 2021 (The Banker, July 2022). […]
(AFRICAN EXAMINER) – The World Health Organisation, on Saturday, officially declared the Monkeypox disease as a global health emergency. The global health body noted that it activated its highest alert level for the growing Monkeypox outbreak, making the virus a Public Health Emergency of International Concern. African Examiner reports that Monkeypox, according to the Nigeria […]
(AFRICAN EXAMINER) – Sixteen people, including civilians, were killed in clashes among rival armed groups in the Libyan capital Tripoli, health officials said Saturday, amid fears of growing unrest in the country roiled by years-long strife. The Health Ministry said the fighting also left 52 injured. The fatalities included six civilians, the spokesman for the […]
(AFRICAN EXAMINER) – A frontline Pan-African Digital Rights and Inclusion organization, Paradigm Initiative (PIN) today marks 15 years of impacting the lives of more than 5,000 under-served African youth with improved livelihoods through digital opportunities and the protection of their online rights. PIN is a social enterprise that builds Information Communication Technology (ICT) driven support […]
(AFRICAN EXAMINER) – Award-winning African American actor, Terrence Howard has expressed his interest and intension to invest in some sectors of the Ugandan economy. Howard said he will invest in Uganda’s Information Communication and Technology (ICT) and entertainment sectors as well as real estate. He gave the hint during his recent visit to the East […]
(AFRICAN EXAMINER) – Suspected Islamist militants on Friday attacked the main military base where Mali’s interim president lives outside the capital Bamako, but the armed forces said they had repelled the assault and had the situation under control. The attack on the Kati military base began at 5a.m. local time with two vehicles packed with […]
(AFRICAN EXAMINER) – African Development Fund (ADF), the concessional arm of the African Development Bank (AfDB) Group, has approved a grant of around $25.65 million to help Zimbabwe enhance domestic food production and supply. The funds were drawn from the Transition Support Facility (TSF), although the Board of Directors of the Bank Group provided a […]
(AFRICAN EXAMINER) – African Development Bank Group President, Dr. Akinwumi Adesina has applauded Africa50 for its crucial role in helping to bridge Africa’s infrastructure financing gap. Dr. Adesina gave the commendation while speaking at the opening session of Africa50’s General Shareholders Meeting in Marrakech on Tuesday. The meeting took place on the eve of a […]
