News

  African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully acted as Joint Global Coordinator and Joint Lead Manager on second EUR 750 million RegS-only senior Eurobond issuance by the Arab Bank for Economic Development in Africa (“BADEA”) due March 2028 under its existing Euro Medium-Term Note (EMTN) programme listed on London Stock Exchange. The bond proceeds will fund general corporate purposes including loan book growth in Sub-Saharan Africa under BADEA’s 9th […]

  The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org/), a member of the Islamic Development Bank (IsDB) Group, signed a US$20 million Line of Trade Financing Agreement with Trustbank in Uzbekistan under the Murabaha structure. This agreement aims to bolster trade finance accessibility for SMEs, women entrepreneurs, green financing initiatives, and food security aimed at reinforcing Uzbekistan’s economic resilience. Under this facility, import and pre-export financing will be available to […]

  By Mtchera Johannes Chirwa, Director for Water Development and Sanitation, and Anthony Nyong, Director for Climate Change and Green Growth, African Development Bank Group (www.AfDB.org). Each year, World Water Day highlights the pressing challenges surrounding global water resources and the actions needed to address them. Nowhere is this more critical than in Africa, where nearly 1.4 billion people live, a number expected to rise to 2.5 billion by 2050. […]

By: Hertha Ekandjo Speaker of the National Assembly, Saara Kuugongelwa-Amadhila, has emphasised the importance of a strong legal framework and effective public institutions to manage resources in Namibia’s burgeoning oil and gas sectors. She noted that these industries present new opportunities for economic growth, employment, and poverty reduction, but only if managed properly. “Countries endowed with abundant resources but lacking in proper management often face higher levels of poverty,” she […]

  The Youth Charter (www.YouthCharter.org) proudly marks its 32nd anniversary, celebrating over three decades of using sport as a catalyst for social change. As we reflect on our journey, we reaffirm our call for greater support in advancing the Youth Charter Community Campus model—providing safe, inclusive, and transformative spaces where young people from disadvantaged and disaffected communities can thrive through sport, art, culture, and digital engagement.  This milestone comes at […]

  The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance arm of the Islamic Development Bank (IsDB) Group, signed a EUR 40 million trade finance agreement with the Union of Comoros to support the country’s energy sector. In line with the US$330 million three-year Framework Agreement signed in September 2024, this facility will enable Société Comorienne d’Hydrocarbures (SCH), as the executing agency, to import refined petroleum products and […]

  By Arnaud Bouraïma, Chief Commercial Officer at Webb Fontaine (www.WebbFontaine.com) As global trade continues to expand, customs administrations all over the world face increasing challenges in collecting accurate revenue and minimising fraud. In Africa, these challenges are particularly acute. Studies show that giving customs inspectors better information can improve fraud detection by 21.7 percentage points and increase tax collection by 5.2 percentage points (https://apo-opa.co/4c54C1C). Webb Fontaine, a leading provider of […]

Sometimes fate works with time, and Dimbulukeni Nauyoma, at 33, has the advantage of time. Unless, of course, his fate is that of the Biblical Aaron, who, for some reason, was struck by God before entering the Promised Land. Fate takes us anywhere, and none of us has control over it. The events of recent days could be speaking to this assertion, seeing that one of Namibia’s most promising and […]

  Trinasolar (www.Trinasolar.com), a global leader in smart PV and energy storage solutions, is proud to announce its participation in the Solar&Storage Live Africa exhibition, taking place at Nasrec, Johannesburg, from 25-27 March 2025. As South Africa grapples with an ongoing energy crisis, Trinasolar is positioning itself as a strategic solution provider, offering cutting-edge technology that supports the transition to a decentralised, resilient energy system. South Africa’s recent return to […]