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Mercy Ships

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    • The MSC Foundation, the MSC Group and Mercy Ships International Join Forces to Build a new Hospital Ship (1)
    • The MSC Foundation, the MSC Group and Mercy Ships International Join Forces to Build a new Hospital Ship (2)
    • The MSC Foundation, the MSC Group and Mercy Ships International Join Forces to Build a new Hospital Ship (3)
    • The MSC Foundation, the MSC Group and Mercy Ships International Join Forces to Build a new Hospital Ship (4)
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Source: Mercy Ships |

The MSC Foundation, the MSC Group and Mercy Ships International Join Forces to Build a new Hospital Ship

The new purpose-built hospital ship will expand the impact of Mercy Ships’ life-changing surgeries, anaesthetic care and surgical education for future generations of patients and healthcare professionals in sub-Saharan Africa

A groundbreaking agreement between MSC Group, MSC Foundation and the charity Mercy Ships (https://MercyShips.org) International prepares for the construction of a brand-new hospital ship that will deliver free surgery and training annually to thousands of people in Africa. On 8 April, the chairman of MSC Group and MSC Foundation, Capt.…

U.S. Embassy in Djibouti
Source: U.S. Embassy in Djibouti |

United States Department of Defense Awards $25 Million Construction Contract to Djiboutian Businesses

This contract, part of the broader “Africa First” initiative, underscores the commitment of the United States to fostering economic growth and stability in Djibouti

The U.S. Naval Facilities Engineering Systems Command (NAVFAC) Europe Africa Central (EURAFCENT) has awarded a significant $25 million construction contract to five Djiboutian companies. This contract, part of the broader “Africa First” initiative, underscores the commitment of the United States to fostering economic growth and stability in Djibouti. The contract,…

The World Bank Group
Source: The World Bank Group |

"Once we have water, we have life" Access to safe drinking water transforms lives in Conakry

Conakry is just one of the successes of the Guinea Urban Water Project (PUEG), which was launched in 2018 with financing from the World Bank

Over 30,000 people benefited from improved safe water services in Greater Conakry following major investment under the Guinea Urban Water Project (PUEG); With over 12,000 meters installed, customers can now better manage their water consumption and enjoy enhanced service delivery; Under the project, 650 workers and supervisors benefited from capacity building to…

Energy Capital & Power

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    • Dr. Sama Bilbao y León, Director General of the World Nuclear Association (WNA)
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Source: Energy Capital & Power |

World Nuclear Association to Highlight Southern Africa’s Nuclear Prospects at Invest in African Energy (IAE) 2024

The World Nuclear Association (WNA) is a global entity dedicated to advocating for nuclear power, aiming to triple its capacity by 2050 as part of the initiative to attain net-zero greenhouse gas emissions

Director General of the World Nuclear Association (WNA) Dr. Sama Bilbao y León will speak at the Invest in African Energy (IAE) forum in Paris this May, unpacking unprecedented opportunities in southern Africa’s energy sector.  The WNA is an international organization that promotes nuclear power with the goal of tripling…

International Trade Centre

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    • Economic Community of West African States (ECOWAS) Investment Forum shows opportunities in West Africa
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Source: International Trade Centre |

Economic Community of West African States (ECOWAS) Investment Forum shows opportunities in West Africa

Togo Prime Minister Victoire Tomegah Dogbé opened the forum, held under the theme ‘Transforming ECOWAS Communities in a Challenging Environment’

The forum gathered leaders in government, finance and business from across the Economic Community of West African States (ECOWAS). They unpacked ways that investment can improve farming and food security across West Africa. The ECOWAS Bank for Investment and Development (EBID) hosted the event in Lome, Togo, from 4 to…

Afreximbank

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    • Left – Right: Mr. Okechukwu Ihejirika, Ag. Regional Chief Operating Officer, Afreximbank CARICOM Office, Prof. Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank, Honourable Mia Mottley, Prime Minister of Barbados and Mr. Dami
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Source: Afreximbank |

Afreximbank Supports Rehabilitation of Sporting Facility in Barbados Ahead of the 2024 Cricket World Cup

The facility will go towards renovation and refurbishing works; upgrading of the Garfield Sobers Players’ Pavilion; upgrading A/V and electrical systems as well as procurement of temporary stands

African Export-Import Bank (Afreximbank or the Bank) (www.Afreximbank.com) announced today that it has extended a USD 25 Million term loan facility to Kensington Oval Management Inc. (KOMI), a major sports facility in Bridgetown, Barbados, ahead of the 2024 Cricket World Cup which is set to take place from June 4th…

Rand Merchant Bank
Source: Rand Merchant Bank |

Rand Merchant Bank (RMB) contributes to Acre Impact Capital’s $100 million private debt fund for climate-aligned infrastructure projects across Africa

The fund has announced its first close on 17th of April in which it has successfully raised an equity of ~$100m

RMB (www.RMB.co.za) one of Africa’s leading corporate and investment banks, has invested in Acre Export Finance Fund I which targets commercial debt tranches of Export Credit Agency (ECA) transactions supporting climate-aligned infrastructure in Africa. The fund has announced its first close on 17th of April in which it has successfully…

Parliament of the Republic of Uganda
Source: Parliament of the Republic of Uganda |

Lawmakers approve Shs200 billion for better city roads

This intervention is projected to reconstruct and upgrade only 116 kilometres of the road network in Kampala while over 1,500 kilometres remain in a poor state

The citizenry should look forward to better roads in the capital city after Parliament approved an additional Shs157 billion for road infrastructure development.  Members of Parliament on Friday, 12 April 2024 gave a nod to Kampala Capital City Authority (KCCA) to reconstruct and maintain city roads in the 2024/2025 financial…

National Basketball Association (NBA)

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    • NBA Africa and Africell unveil indoor basketball court at 1˚ de Maio at Av. Deolinda Rodrigues in Luanda, Angola (Credit: NBA Africa)
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Source: National Basketball Association (NBA) |

National Basketball Association (NBA) Africa and Africell Unveil Indoor Basketball Court in Angola

NBA Academy Africa Prospect and Petro de Luanda Guard Aginaldo Neto Attends Court Unveiling and Exhibition Games

NBA Africa (www.NBA.com) and Africell, one of the fastest-growing mobile network operators in Africa, today unveiled an indoor basketball court at 1˚ de Maio at Av. Deolinda Rodrigues in Luanda, Angola as part of their multiyear collaboration to use basketball to benefit Angolan youth.  The new court, donated to and…

The World Bank Group
Source: The World Bank Group |

Ingredients for Accelerating Universal Electricity Access: Lessons from Rwanda’s Inspirational Approach

In a remarkable 15-year journey, Rwanda increased access to electricity to households from 6% in 2009 to 75% as of March 2024

In just 15 years, Rwanda has increased its electricity access to 75% from 6% in 2009. This took government ownership, leadership, and commitment, partnership with the private sector, funding from development partners, and dedicated structure and institutional strengthening. The goal of lighting up every household is not a dream, but…