Edit Content

June 29, 2022

Search

Edit Content

Menu

African Union

Mastercard signs cooperation agreement with MTN to expand in Africa

Mastercard and MTN FinTech Group have signed a partnership agreement covering a number of markets to start a new era of cooperation aimed at connecting millions of people and small businesses across the African continent with advanced digital tools and solutions to make secure payments using mobile phone, and take advantage of the wide benefits …

Mastercard signs cooperation agreement with MTN to expand in Africa Read More »

“CFC” and “evergro” sign a memorandum of understanding with “Eastern Cape” and “Chris Hani” to develop agricultural logistics in South Africa

The CFC– Evergrow consortium signed a memorandum of understanding with the Eastern Cape Development Corporation (ECDC) and Chris Hani Development Agency (CHDA) to implement a partnership in the field of Agrologistics services and input supply in the country of South Africa. Sameh Banani, Vice Chairman of the Board of Directors of the CFC Group for …

“CFC” and “evergro” sign a memorandum of understanding with “Eastern Cape” and “Chris Hani” to develop agricultural logistics in South Africa Read More »

ECOWAS lifts sanctions on Niger, Mali, Burkina Faso

The Economic Community of West African States (ECOWAS) has resolved to lift various sanctions it imposed on Niger, Mali, and Burkina Faso. The development comes barely one month after the three nations announced their exit from the regional bloc in a joint statement. ECOWAS had imposed trade, economic, and several other sanctions on these affected …

ECOWAS lifts sanctions on Niger, Mali, Burkina Faso Read More »

World’s longest subsea cable spanning 45,000km has landed in Nigeria

Meta’s 2Africa subsea cable, which is 45,000 km long, has reached the shores of Lagos State and Akwa Ibom State in Nigeria. The deep-sea cable project will connect 32 other African countries and directly support economic development in Africa, fostering further growth of 4G and 5G and increased broadband penetration to millions of people and …

World’s longest subsea cable spanning 45,000km has landed in Nigeria Read More »

IMF

IMF and Ivory Coast reaches US$1.3B resilience, sustainability facility agreement

The International Monetary Fund said last week that it had reached a staff level agreement with Ivory Coast for a $1.3 billion programme to fight climate change supported by the fund’s Resilience and Sustainability Facility. Ivory Coast, the world’s top cocoa grower, is exposed and vulnerable to climate change, the IMF said in a statement. …

IMF and Ivory Coast reaches US$1.3B resilience, sustainability facility agreement Read More »

Brazil is looking to strengthen joint cooperation with African countries

Brazilian President Lula Da Silva has said that Brazilians and Africans need to punch their own way into the international system. He made these remarks at the 37th African Union (AU) Summit in Addis Ababa, Ethiopia. Brazil wants to get together with Africa, “To move forward, to advance post of cooperation with the AU in …

Brazil is looking to strengthen joint cooperation with African countries Read More »

kenya

Cooperation between Kenya and Canada to promote bilateral trade

Kenya and Canada are currently in the process of bolstering their bilateral trade. Currently one of Kenya’s largest trading partners, both sides are eager to expand their already lucrative partnership as Kenya seeks to sell more of its products. This information was elaborated on during the second form for the Canada-Africa Business Forum Trade and …

Cooperation between Kenya and Canada to promote bilateral trade Read More »

Dubai fund invests in “Africa II” to support technology in the ” black continent”

The Dubai Future District Fund (DFDF) has participated in the closing of partek global venture capital fund for its second fund focused on Africa, which bears the name “Africa Fund II”, as stated in a statement. The Dubai Future District Fund is the main venture capital fund and direct investment platform in Dubai, investing in …

Dubai fund invests in “Africa II” to support technology in the ” black continent” Read More »

غزة

The African Union condemns the Israeli war on the Gaza Strip

The African Union condemned the Israeli war on the Gaza Strip on Sunday, expressing its support for an independent international investigation into Israeli violations of international humanitarian law.The final statement of the 37th African Union summit held in Addis Ababa said:”We strongly condemn Israel, the occupying military power, for its brutal war on the Gaza …

The African Union condemns the Israeli war on the Gaza Strip Read More »

Italy to put Africa development, AI at heart of its G7 presidency

Supporting African development and tackling the dangers posed by artificial intelligence (AI) will be two key themes for Italy during its one-year presidency of the Group of Seven, Italian Prime Minister Giorgia Meloni said on Thursday. Speaking at a wide-ranging news conference, Meloni added that Italy would maintain its support for Ukraine in the war …

Italy to put Africa development, AI at heart of its G7 presidency Read More »