We use cookies to improve your experience. By your continued use of this site you accept such use.
Afreximbank
Source: Afreximbank |

Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme

This programme seeks to leverage the growing refining capacity that Afreximbank has helped establish across the continent, while aligning with the objectives of the African Continental Free Trade Area (AfCFTA) agreement

To address Africa's persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has launched a US$3 Billion Revolving Intra-African Oil Trade Financing Programme to finance the purchase of refined petroleum products…

African Energy Chamber

  • Multimedia content

  • Images (1)
    • Time for Namibia and Oil Companies to Act on Fiscal Stability and Fast Track Oil Discoveries to Final Investment Decision (FID) (By NJ Ayuk)
  • All (1)
Source: African Energy Chamber |

Time for Namibia and Oil Companies to Act on Fiscal Stability and Fast Track Oil Discoveries to Final Investment Decision (FID) (By NJ Ayuk)

For Namibia, a newcomer to oil and gas deals, adding a fiscal stability clause to petroleum contracts will be key to retaining the energy industry’s intense interest

By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org/).  The world is watching Namibia. To be more specific, the energy world is watching. This was evident at the recently concluded Namibian Internation Energy Conference.  Ever since oil and gas majors, Rhino Resources, Galp Energia, Shell and TotalEnergies announced massive hydrocarbon…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • At the World Bank/IMF Spring Meetings, African leaders discussed implementing recommendations from an AfDB report, Measuring the Green Wealth of Nations: Natural Capital and Economic Productivity in Africa
  • All (1)
Source: African Development Bank Group (AfDB) |

Ahead of Conference of the Parties (COP30), Africa champions new approach to measuring green wealth of countries and incentivizing climate action

Leaders emphasized that a proper valuation of Africa's natural resources would transform the continent's financial landscape by unlocking access to global financial flows, improving national risk profiles, and creating new capacity for investments in green economies and climate-resilient infrastructure

 Proper valuation of natural capital and the ecosystem services it provides, such as carbon sequestration, is a win-win strategy for growing economies— Urama, African Development Bank (www.AfDB.org) We need to make bold decisions and act swiftly to accelerate the measurement of Africa’s green wealth— Suda-Mafudze, African Union Commission. African leaders…

Ministry of Planning, Economic Development, and International Cooperation - Egypt
Source: Ministry of Planning, Economic Development, and International Cooperation - Egypt |

Minister Rania Al-Mashat Holds Series of Meetings with Leaders of International Financial Institutions, Government Representatives, Think Tanks, and Investors to Present Developments in the Egyptian Economy and Strengthen Joint Economic Relations

The meetings aimed to expand the scope of guarantees available in the Egyptian market and increase financing mechanisms for the private sector, in line with Egypt's vision to increase foreign direct investment

The Ministry of Planning, Economic Development and International Cooperation issued a report on the activities and participations of H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation and Egypt's Governor at the World Bank, during the Spring Meetings of the World Bank Group and the International…

Africa Finance Corporation (AFC)

  • Multimedia content

  • Images (1)
    • Africa Finance Corporation names Mrs. Ireti Samuel-Ogbu as Chair of its Board of Directors
  • All (1)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Appoints Ireti Samuel-Ogbu as Chair of Board of Directors

Mrs. Samuel-Ogbu brings a wealth of experience spread over three decades leading and transforming the banking sector in Europe, Middle East, and Africa

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent's leading instrumental infrastructure solutions provider, today announced the appointment of Mrs Ireti Samuel-Ogbu as Chair of its Board of Directors. She succeeds Mr. Emeka Emuwa who has completed 12 years of meritorious service to the Corporation. Mrs. Samuel-Ogbu brings a wealth of experience…

Presidency of the Arab Republic of Egypt
Source: Presidency of the Arab Republic of Egypt |

President El-Sisi Receives President of Sudan’s Sovereign Council General Al-Burhan

The two sides agreed on the imperative of strengthening efforts to deliver the requisite support and assistance to Sudanese nationals residing in conflict-affected areas

Today, President Abdel Fattah El-Sisi received President of the Sovereign Council of the Republic of the Sudan, General Abdel-Fattah Al-Burhan, at Cairo International Airport. They headed to Al-Ittihadiya Palace, where an official reception ceremony was held and the national anthems played. Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said the…

Food and Agriculture Organization of the United Nations (FAO): Regional Office for Africa
Source: Food and Agriculture Organization of the United Nations (FAO): Regional Office for Africa |

The Food and Agriculture Organization of the United Nations (FAO) and Zimbabwe team up to transform agriculture with innovative approach to sustainable agrifood systems

The journey of agricultural transformation in Zimbabwe represents more than just a national strategy – it's a blueprint for sustainable development that could offer valuable insights for agricultural systems worldwide

The Food and Agriculture Organization of the United Nations is supporting the transformation of Zimbabwe’s agricultural sector, setting a bold vision for food security and economic resilience by 2030. The ambitious strategy combines government commitment, international support, and innovative approaches to address the complex challenges facing the nation's food systems.…

World Health Organization (WHO) - Nigeria
Source: World Health Organization (WHO) - Nigeria |

Nigeria: Helping drug users return to a healthier lifestyle through harm reduction approach

Recognising drug use as a significant public health concern, the World Health Organization (WHO) advocates for a comprehensive set of harm reduction interventions

Getting medical help to stop using illicit drugs saved my life, said 41-year-old *Aliu Musa from Maiduguri, Borno State. (*name changed for privacy). Aliu abused drugs for 15 years. This affected his work, relationships, and health. “My life was a mess. I was informed that I talked and behaved irrationally…

United Nations: Office of the High Commissioner for Human Rights (OHCHR)
Source: United Nations: Office of the High Commissioner for Human Rights (OHCHR) |

Lesotho’s human rights record to be examined by Universal Periodic Review

The UPR is a peer review of the human rights records of all 193 UN Member States

The human rights record of Lesotho will be examined by the United Nations Human Rights Council’s Universal Periodic Review (UPR) Working Group for the fourth time on Wednesday, 30 April 2025, in a meeting in Geneva that will be webcast live. Lesotho is one of 14 States to be reviewed by the…

World Food Programme (WFP)
Source: World Food Programme (WFP) |

The King Salman Humanitarian Aid and Relief Center (KSrelief) and the United Nations World Food Programme (WFP) support urgent food needs of vulnerable people in Somalia

An estimated 4.6 million Somalis are projected to face crisis-levels of hunger or worse by June as drought conditions, conflict and high food prices threaten to displace families, disrupt farming and increase humanitarian needs

The United Nations World Food Programme (WFP) has welcomed a contribution of 138 metric tons of nutritious dates from the Kingdom of Saudi Arabia through the King Salman Humanitarian Aid and Relief Center (KSrelief) that will be included in the emergency food baskets provided to the most vulnerable people in…