DEVELOPMENT

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$90million donated towards sustainable energy fund for African- AfDB

The African Development Bank (AfDB) recently announced new donor commitments for its Sustainable Energy Fund for Africa (SEFA), of up to $90million. In a virtual launch event attended on Monday by over 300 development partners, financiers, representatives of African governments and energy sector institutions, project developers and sponsors, commercial banks and infrastructure bonds; SEFA’s transformation into a […]

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DEVELOPMENT
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New coalition to Energy Power 1 billion people by 2030

Global organisations have joined the Rockefeller Foundation to form a coalition aimed at providing sustainable energy for one billion people within this decade. The new coalition aims to unleash the full potential of distributed renewable and sustainable energy systems, including technologies such as mini-grids; grid-connected local generation and storage; renewable power solutions for industrial and […]

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DEVELOPMENT
HEALTH
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OB-GYN Nun in Uganda wins $500K from the Medical Missions Award

Dr. Priscilla Busingye has a God-given passion to improve maternal health across Uganda, particularly in rural places where women often can’t get specialized care and dignified treatment. Pray for strength and energy For years, Busingye would wake up before 6 a.m. for morning devotions and mass before heading to work at the maternity ward. As […]

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DEVELOPMENT
HEALTH
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Ilara Health, a Kenyan healthtech startup, raises $3.75m by TLcom Capital

Kenyan healthtech startup, Ilara Health, has raised $3.75 million in Series A investment to expand its diagnostic reach across Africa. The Series A round was led by Lagos, London, and Nairobi-based VC firm, TLcom Capital. Dutch-based and East Africa-focused investment firm DOB Equity; Nairobi-based VC Fund, Chandaria Capital; and Global Ventures also participated. Investments This comes after the East African startup received […]

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DEVELOPMENT
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AfroChampions To Contribute Sustainable Economic Development

to promote policies that foster private-public collaboration for Africa’s economic transformation. The goal of the initiative is to engage leaders in business, governments, the African Union, and other regional economic communities through dialogue and potential partnership building in applying geospatial technology and solutions. This new partnership with AfroChampions seeks to contribute to sustainable economic development […]

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President Paul Kagame of Rwanda is an example of leadership Excellence

Victor Kgomoeswana KIGALI – Rwanda will remember the Covid-19 lockdown for many things, but none more than nabbing two fugitives in the space of three months. Paul Rusesabagina was bagged in Dubai after being on the run since 1996. Mr Hotel Rwanda joins Félicien Kabuga, who was arrested in Paris on May 16. Rusesabagina, former […]

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DEVELOPMENT
ENERGY
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Nigeria developing sustainable energy due to the Pandemic.

The pandemic offers an opportunity to accelerate access to clean energy across Africa – and Nigeria is taking advantage. The country’s plans include building 5 million new solar home installations and mini-grids. This strategy could also promote greater economic resilience and hundreds of thousand of new jobs across the country. This blog is part of […]

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DEVELOPMENT
FASHION
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Developing African fashion industry 2020

(MENAFN – Caribbean News Global) COVID-19 AFRICA – The disruption of the COVID-19 pandemic on global value chains and its impact on African businesses is already evident. As factories close their doors and border closures and travel restrictions interrupt supply chains, the workers – the most vulnerable and lowest paid people in the fashion supply […]

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DEVELOPMENT
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Dr. Akinwumi Adesina’s 2nd Term in Office AFDB 2020

Dr Akinwumi A. Adesina has been re-elected to serve a second 5-year term as President of the African Development Bank Group by the Board of Governors of the Bank. Accelerate Africa’s development Dr Adesina, the globally renowned development economist and World Food Prize Laureate and Sunhak Peace Prize Laureate was re-elected after distinguishing himself in […]

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DEVELOPMENT

Tanzania’s GDP rose by 76.5 percent

TANZANIA’s annual adjusted GDP rose by 76.5 per cent during the last four years of President John Magufuli’s administration, according to an estimate announced by the Chief Government Spokesman, Dr Hassan Abbasi. In his address to members of the press, at which he touched on the economic growth of the country since its independence in […]

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