Month: February 2024

African Energy Week (AEW) Launches African Energy Finance Summit in Partnership with Afreximbank and S&P Global Commodity Insights

Mr Mohammed

JOHANNESBURG, South Africa, February 28, 2024/ — Africa’s largest energy event – the African Energy Week (AEW): Invest in African Energy conference – will feature the African Energy Finance Summit during this year’s edition in Cape Town. The summit, hosted in partnership with multilateral financial institution the African Export-Import Bank and S&P Global Commodity Insights, offers a platform for project developers and financiers to sign deals and is poised to unlock a new era of growth across Africa’s oil, gas, critical mineral and renewable energy sectors. Africa requires over $200 billion in annual…

Africa needs China for its digital development – but at what price?

Mr Mohammed

Author: Stephanie PhD Candidate, University di Bologna First Published: February 27, 2024 4.08pm SAST Digital technologies have many potential benefits for people in African countries. They can support the delivery of healthcare services, promote access to education and lifelong learning, and enhance financial inclusion. But there are obstacles to realizing these benefits. The backbone infrastructure needed to connect communities is missing in places. Technology and finance are lacking too. In 2023, only 83% of the population of sub-Saharan Africa was covered by at least a 3G mobile network. In all other regions…

Global Black Impact Summit (GBIS) 2024 to Prepare Youth for Excellence, Leadership Roles

Mr Mohammed

DUBAI, United Arab Emirates, February 23, 2024/ — Empowering youth with strong leadership skills is paramount to cultivating a generation of leaders who are capable of driving change and fostering inclusivity. In the midst of a rapidly shifting global economy – characterized by evolving consumer preferences and an embrace of digital innovations – there is a need to prioritize access to education, skill development and competency building in a way that accounts for a dynamic future. The upcoming Global Black Impact Summit (GBIS) – taking place on Tuesday, February 27…

Desperation to lure African youth into the evil LGBT Agenda

Mr Mohammed

Story: Abubakar Sadik Mohammed The government of Zimbabwe through the office of the country’s Vice President has not only strongly and firmly rejected an LGBT Scholarship offer, but also, denounced it as unlawful, anti-Christian, anti-Zimbabwean and unAfrican insidious attempts by foreign interests to entice, lure and recruit Zimbabwean less privileged but able students into Lesbian, Gay, Bisexual and Transgender activities and malpractices through offers of educational scholarships. Zimbabwe, the government re-emphasized, has legislated against all such deviances making any offers predicated on the same aberrations unlawful and criminal and a…

President Ramkalawan pledges the commitment of Seychelles to ensure Sustainable Tourism

Mr Mohammed

Dubai, 13th February 2024: The President of the Republic, Mr. Wavel Ramkalawan joined several other world leaders at the World Governments Summit (WGS) 2024 currently being held in Dubai where he delivered his main address focussing on Seychelles’ Initiatives and Approaches to Ensure Sustainable Tourism and Balancing Preservation. In his address to world leaders at the event, the Head of State underlined the pivotal role that Seychelles is playing in conservation, implementing various initiatives to promote sustainable tourism and safeguarding the nation’s ecological balance and economic well-being. He touched upon…

Championing Sustainable Mining Solutions in Africa

Mr Mohammed

First Published,February 8, 2024 Story by: Mohammed A. Abu Under identical conditions at a plant owned by a company in Burkina Faso, eco-friendly alternative gold leaching reagent SEYCHEM and Cyanide were compared and at the conclusion of the process 350g of gold was recovered using SEYCHEM while 330g was obtained via Cyanide extraction. The laboratory personnel attested to SEYCHEM’s non-reactive nature on their bodies in comparison to Cyanide which caused eye irritation. They were also able to submerge their hands freely into the prepared solution containing SEYCHEM, an action not…

Addressing Ethnic Laced hateful messages in Social Media Sites

Mr Mohammed

Mohammed A. Abu The Northern Regional Secretariat of the National Peace Council of Ghana, the Northern Regional Peace Council(NRPC), has called upon the national security apparatus to arrest and prosecute faceless individuals engaged in hateful audio-visual messages amid press releases circulating in social media platforms pitching ethnic groups against each other. This is in view of the fact that, such acts seek to undermine the peace and security of the region through false publications. The Council while condemning the press releases and all ethnocentric text, audio and video materials circulating…

Africa Oil Week’s Unabashed Attempt to Usurp Africa’s Energy Narrative Hinders the Continent’s Progress and Hurts Africans

Mr Mohammed

JOHANNESBURG, South Africa, February 6, 2024/ — “AOW: Investing in African Energy” – formerly known as Africa Oil Week – has engaged in a rebranding campaign to pose as allies to Africa’s energy development. Yet this new name fails to reflect Africa or her people and is a slap in the face to the continent’s resource development strategy and vast energy needs. Look at the leadership team of Hyve Group. No Blacks and No Africans. https://apo-opa.co/4buXzyg. They need to rebrand their leadership team. AOW claims to heed African interests but has fundamentally…

Global Logistics Execs see coming Surge of African Investment

Mr Mohammed

KUWAIT CITY, Kuwait, February 6, 2024/ — Nearly 62% of global logistics professionals say their companies are planning additional or first-time investments in Africa, according to a closely watched yearly industry survey. The survey of 830 logistics executives is part of the 15th annual Agility Emerging Markets Logistics Index (https://apo-opa.co/4bD4lSW), a snapshot of industry sentiment and ranking of the world’s 50 leading emerging markets. The Index ranks countries for overall competitiveness based on their logistics strengths, business climates and digital readiness — factors that make them attractive to logistics providers, freight forwarders,…

African Development Bank launches historic 10.5-year inaugural USD Global Sustainable Hybrid transaction

Mr Mohammed

ABIDJAN, Ivory Coast, February 1, 2024/ — The African Development Bank (www.AfDB.org), rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable) has successfully launched and priced its first Sustainable US dollar-denominated 750 million perpetual subordinated hybrid capital notes. On the 30th of January 2024 the African Development Bank launched a hybrid capital transaction with a coupon of 5.75% until August 2034, with a 10.5 year first call date at the Bank’s discretion. The Bank achieved a top quality and granular orderbook with over 275 investors, of which over 190 were allocated. Investor…