(AFRICAN EXAMINER) – African Development Bank has signed an agreement to invest in the Joint Reinsurance Company of Member States of Conférence Interafricaine des Marchés d’Assurances (CICA-Re), which is owned by a group of African countries. Under the agreement, the AfDB will take a 6.56-billion FCFA stake (approximately €10 million) in CICA-Re and join its […]
(AFRICAN EXAMINER) – The Africa Fertilizer Financing Mechanism (AFFM), a subsidiary of the African Development Bank (AfDB), has approved a $2 million partial trade credit guarantee to support fertilizer delivery to 200,000 Ghanaian smallholder farmers. The facility which is extended to ETG Inputs Ghana Limited to support delivery of fertilizer to 200,000 smallholder farmers in […]
(AFRICAN EXAMINER) – Clashes between armed groups erupted in Libya’s capital Tripoli Friday night leading to the death of one person, according to local media. The clashes are happening as the country reels from a failed coup attempt three weeks ago. Heavy exchanges of gunfire and explosions ricocheted across several districts of Tripoli, an AFP […]
(AFRICAN EXAMINER) – The new Cabinet in Guinea-Bissau took the constitutional oath in Bissau on Friday with 24 ministers and 12 state secretaries sworn-in as members, according to sources.. Foreign Minister Srkenuzy Carla Barbosa and Interior Minister Botche Cande remained in their posts in the government led by Prime Minister Nuno Gomes Nabiam. The education, […]
(AFRICAN EXAMINER) – The International Air Transport Association (IATA) says African airlines’ traffic rose to 116.2 per cent in April 2022 compared to a year ago, an acceleration over the 93.3 per cent year-over-year increase recorded in March 2022. IATA’s director-general Willie Walsh said in a statement on Thursday that air travel continued to be […]
(AFRICAN EXAMINER) – At least six people were killed in two separate attacks in the western African nation of Burkina Faso on Thursday, authorities said. Four soldiers were killed during an attack on a military base in Kossi province, and several terrorists were “neutralised” or captured when fighting broke out, the authorities added. In the […]
(AFRICAN EXAMINER) – Somalia’s new president Hassan Sheikh Mohamud, vowed to clamp down on terrorism in the crisis-ridden country during his swearing-in ceremony on Thursday. “We will increase the military pressure on terrorism,” Mohamud, who already served as head of state of the East African country between 2012 and 2017, said. The new leader also […]
(AFRICAN EXAMINER) – African Development Bank (AfDB) has approved two grants of $9.25 million to implement the Africa Disaster Risk Financing Programme (ADRiFi) in Malawi. The move will boost the country’s resilience against climate-related shocks and food insecurity. The funding will support the government of Malawi to develop climate risk management solutions and pay its […]
(AFRICAN EXAMINER) – Critical Ecosystem Partnership Fund (CEPF) in collaboration with BirdLife and other partners is currently improving the protection and preservation of animal and plant species, habitats, ecosystems found in the Guinean Forests of West Africa (GFWA) Biodiversity Hotspot that stretches across most of West Africa. The CEPF is a joint initiative of the […]
(AFRICAN EXAMINER) – Militiamen killed 12 people in a night raid on a village in eastern Democratic Republic of Congo near the shore of Lake Albert, a local human rights group said on Tuesday. The group and an army spokesman blamed the attack on CODECO, one of many militias operating in Congo’s conflict-ridden east. CODECO’s […]
(AFRICAN EXAMINER) – The Centre for Human Rights, Faculty of Law, University of Pretoria in South Africa has signed a partnership agreement with the Kogi State Office of the Public Defender and Citizens’ Rights Commission (PDCRC), to promote access to justice. The PDCRC is a hybrid institution that provides legal aid for indigent individuals in […]
(AFRICAN EXAMINER) – African Development Bank (AfDB) has said that it is currently working with African governments and international partners to set up entrepreneurship investment banks for the benefit of young people in Africa. President of AfDB, Dr Akinwumi Adesina disclosed shortly after he rounded off his four-day official visit to Kenya, where he held […]
(AFRICAN EXAMINER) – Gov. Bala Mohammed of Bauchi State has won the People’s Democratic Party (PDP) re-scheduled governorship primary election in the state. The Returning Officer and Chairman, Governorship Primary Election Committee, Mr Murtala Damagum, announced Mohammed’s victory at the end of the exercise held on Saturday in Bauchi. He said that Mohammed as the […]
(AFRICAN EXAMINER) – President Muhammadu Buhari will on Saturday in Accra, Ghana, attend an Extraordinary Summit of the ECOWAS Authority of Heads of State and Government on the political situation in Mali and other parts of the sub-region. The Summit will hold at the Presidential Palace, Accra, also known as the Jubilee House. Mr Femi […]
(AFRICAN EXAMINER) – Two Egyptian peacekeepers serving with the UN Mission in Mali, MINUSMA, were killed on Friday – the second fatal attack this week on a peacekeeping convoy in the West African country. The peacekeepers were killed, and another injured, when their Armoured Personnel Carrier hit an improvised explosive device outside the town of […]
(AFRICAN EXAMINER) – European Investment Bank (EIB) and the Institut Pasteur de Dakar have announced the conclusion of a €75 million financing agreement to support the construction of the new MADIBA vaccine manufacturing facility. The Institut Pasteur de Dakar’s new facility is being built in Diamniadio, a town and special economic zone strategically located between […]
(AFRICAN EXAMINER) – Tanzania’s state-run poverty reduction programme said it has lifted more than 105,000 households from extreme poverty. “A total of 105,382 poor households who were living in abject poverty have incredibly improved their lives economically among other aspects,” said Ladislaus Mwamanga, the Executive Director of the Tanzania Social Action Fund (TASAF). TASAF was […]
(AFRICAN EXAMINER) – African Development Bank (AfDB) has approved additional financing of €57 million for construction of the Nador West Med port complex in Morocco. The new financing tranche follows an earlier one of nearly €113 million that the AfDB extended in 2015 to the North African nation. The Nador West Med project entails construction […]
(AFRICAN EXAMINER) – European Investment Bank (EIB), the long-term lending institution of the European Union (EU) has announced the launch of the new European solidarity financing fund for Africa also known as FEFISOL II. FEFISOL II is making its first closing at of €22.5 million, and a technical assistance package of €1 million euros from […]
(AFRICAN EXAMINER) – Education Cannot Wait (ECW), the United Nations (UN) global fund for education in emergencies and protracted crises have announced a new $2 million grant to address insecurity, school closures and escalating refugee crisis in Niger. ECW works through the multilateral system to both increase the speed of responses in crises and connect […]
