“Germany-Africa Economic Relations: Making Deals Post COVID-19” highlighted opportunities for German businesses in Africa’s power production, clean energy, and digitalization and technology sectors; An opening keynote was given by H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of the Republic of Equatorial Guinea; Panelists included Ibrahima Mané, DirectorRead More →

Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled $61.6 billion in 2019, of which $41.5 billion (67%) was in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development Banks’ Climate Finance. The study expands the scope of reporting for the first timeRead More →

Last week, the African Energy Chamber (www.EnergyChamber.org) held a bilateral discussion with the Ministry of Mines and Hydrocarbons of Equatorial Guinea, led by H.E Gabriel Mbaga Obiang Lima, alongside the Director of Hydrocarbons, Robustiano Eyegue Ndong and NJ Ayuk, the Executive Chairman of the African Energy Chamber. The Chamber soughtRead More →

As the Covid-19 pandemic is set to accelerate the global energy transition, the African Energy Chamber (https://EnergyChamber.org/) is appointing an Advisory Committee to assist in developing new African business models and solutions to the global decarbonization challenge. Such members include: Nicolas Pompigne-Mognard, Founder and Chairman, APO Group Akinwole Omoboriowo II,Read More →

A much awaited report by an Independent Review Panel has completely exonerated the President of the African Development Bank, Akinwumi Adesina of any ethical wrongdoings. The Independent Review Panel was set up by the Bureau of Governors of the Bank, following a complaint by the United States, to review theRead More →

Nigeria’s Federal Government has ordered the re-opening of secondary schools for students in exit classes on August 4, 2020. This is as the accredited Senior High School exams WAEC, commences on August 17, 2020. This was announced on Twitter by the President’s special assistant on New Media Bashir Ahmaad. JUSTRead More →

United Bank for Africa Plc (UBA) (www.UBAgroup.com), the leading pan-African financial services institution, announced the appointments of Rokia Hacko, Chioma Mang, Chinedu Obeta, Bode Aregbesola, Kingsley Ulinfun and Usman Isiaka as chief executive officers of six of its 20 subsidiaries across Africa, subject to regulatory approvals. The new CEOs will driveRead More →

The African Development Bank (www.AfDB.org) on Friday approved grants worth about $41.16 million to Djibouti to bolster the national budget in support of government efforts to mitigate national and regional impacts of the COVID-19 pandemic. The funding will take the form of an African Development Fund grant for $4.12 millionRead More →