Private credit and infrastructure investments across African markets rose 118% to record levels in 2021, as borrowers looked beyond domestic risk averse banks Kampala, Uganda | THE INDEPENDENT | Private equity has dominated Africa’s investment landscape for decades, popularised by huge venture capital (VC) deals in the continent’s ever-expanding tech sector. But …
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Kampala, Uganda | THE INDEPENDENT | LastMile, an initiative to train smallholder farmers in Africa on the prevention of animal diseases and leverage access to veterinary medicine, has reached more than 40,000 farmers in six countries. The initiative aims to bridge the gap in access, availability, and awareness of animal healthcare …
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Kampala, Uganda | THE INDEPENDENT | The Newly appointed World Bank President Ajaypal (Ajay) Singh Banga has unveiled plans to visit Africa among other regions soon to acquaint himself with the issues surrounding borrowers and partners. Banga is poised to become the next World Bank President later this year, amidst mixed …
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Addis Ababa, Ethiopia | Xinhua | United Nations Deputy Secretary-General Amina Mohammed has called for Africa-led solutions as a key imperative to achieving Sustainable Development Goals (SDGs) in Africa. She made the remarks while addressing the Ninth Session of the Africa Regional Forum on Sustainable Development (ARFSD-9), which is underway from …
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Five reasons why it should drive the continent’s economic development COMMENT | Lilac Nachum | Africa’s agriculture sector accounts for about 35% of the continent’s gross domestic product, and provides the livelihood of more than 50% of the continent’s population. These shares are more than double those of the world average and …
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London, UK | THE INDEPENDENT | The Co-Financing, Syndications and Client Solutions department of the African Development Bank Group has met with London-based insurers to galvanize continued support of the Bank’s balance sheet optimization and mobilization ambitions, in line with its 2023 lending program. The Bank held an investor relationship …
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The impact at stake in route development efforts makes the role of government leadership critical, experts say Kampala, Uganda | THE INDEPENDENT | The rapid recovery of air travel after Covid-19 underlines a lasting feature of a globally connected world: the urge of ever-growing numbers of people to explore the planet …
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Dr Jean Kaseya’s Challenge: Advancing Public Health in ‘Post-COVID’ Era Kampala, Uganda | AGENCIES | Nine months after John Nkengasong left Africa CDC to head PEPFAR, the African Union has now elected a Director General for the continent’s leading public health institution who has the task of finding new ways to …
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Dr. Mugisha sets agenda for new term as continental conference reaffirms commitment to achieving universal access to water and sanitation Abidjan, Ivory Coast | THE INDEPENDENT | The 21st African Water Association International Congress and Exhibition, and the 7th Faecal Sludge Management Conference has closed in the Ivorian commercial capital, …
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Bank forecasts economic rebound in 2023 Hoima, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB), the country’s national Development Finance Institution, has announced excellent results for 2022 reflecting strong investment in various businesses across the country, improved livelihoods and heavy support towards the economic recovery and resilience of Uganda. …
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