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…
Year: 2024
Global Logistics Execs see coming Surge of African Investment
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
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…
Niger and Russia are forming military ties: 3 ways this could upset old allies
Olayinka Ajala Senior lecturer in Politics and International Relations, Leeds Beckett University Published: January 29, 2024 3.08pm SAST,The Conversation In July 2023, Niger’s military took over in a coup just two years after the country’s first transition to civilian power. The coup has brought into sharp focus the role of foreign countries in Niger’s politics. Before the coup, France and the US were the main security allies of Niger. But the coup leaders, led by General Abdourahamane Tchiani, were open about their antagonism to France, the country’s former colonial ruler, and ordered the French…
Black Medical Expertise Excellence Celebrated at Global Black Impact Summit,Dubai 2024
Story: Mohammed A.Abu The Global Black Impact Summit has announced Dr. Ehsan Natour’s joining of the event taking place in Dubai on February 27 as a distinguished speaker. As a seasoned medical professional and an expert in his field, Natour brings a unique perspective shaped by his diverse and extraordinary journey and education,will contribute to GBIS 2024 by offering his wealth of knowledge and expertise. With a background in complex aortic pathology, heart-lung transplants and left ventricle assist devices, Dr. Natour’s work at the University Medical Center Groningen (UMCG) demonstrates…
Honouring of Africa’s finest Technocrats by Inter.Interdisciplinary Innovation Centre Of Life
J.B. Worlanyo Nana-Atoo certificateH.E. Amb, J.B. Worlanyo Nana-Atoo, an Executive Chairman & President /Founder of EL-Ecojay developments Group LTD Ghana, Africa/global,has been awarded a Certificate of recognition by International Interdisciplinary Innovation Centre Of Life “Alliance of the peoples of the world” He is Unique, Versatile, Adaptable, and Capable of navigating Challenge with a Balance approach well rounded successful life and International Life Coach, Mentor and Public speaker in personal development.as one of the global Cooperate Business Mogul on investment on Projects financial Advisor and Management Consultant. Erstwhile as once…
ECOWAS Commission Reacts
Story: Mohammed A. Abu Following an earlier announcement by Burkina Faso, Mali and Niger of their decision to withdraw from the Economic Community of West Africa States (ECOWAS), in a joint communique issued in Burkina Faso, Mali and Niger on Sunday, the Regional body formally responded same day. In a communique issued in Nigeria, the ECOWAS Commission noted that even though its attention has been drawn to statement broadcast on the National Televisions of Mali and Niger announcing the decision of Burkina Faso, Mali and Niger to withdraw from…
COP28: The Good, The Bad And The Ugly Of The Global Stock-Take Text
Okereke is the Director of the Centre for Climate Change and Development at Alex Ekwueme Federal University Ndufu-Alike, a Professor of Global Governance and Public Policy at the University of Bristol and a Visiting Professor at the London School of Economics, UK The 28th Session of the Conference of the Parties (COP28) to the UN Framework Convention on Climate Change (UNFCCC) took a significant step by unveiling a bold Global Stocktake (GST) draft that underscored the imperative for nations worldwide to steer away from the use of fossil fuels; marking…
From COP28 to a circular world: Investments need to focus on the circular economy alongside renewables
In the wake of COP28, which called upon parties to transition away from fossil fuels, the World Circular Economy Forum 2024 (WCEF2024) emerges as a landmark event that highlights the circular economy as the premier post-fossil fuel investment frontier. WCEF2024 will take place in Brussels, Belgium from 15-18 April, and convenes thousands of experts to explore the vast opportunities that the circular economy presents. HELSINKI, 24 January 2024 – The transition from fossil fuels to renewables is imperative, yet alongside this, a strong focus on circularity is also needed. This…
India to lead worldwide consumer growth with 31% of new consumers; digital economy to surpass US$1 trillion in Latin America (LatAm) and Africa
CURITIBA, Brazil, January 25, 2024/ — Clients in major rising economies like Brazil, India, Kenya, and Nigeria are pulling the global digital market up by paying online purchases with instant payments, transfers, and other alternative payment methods – including for B2B transactions; Cards are still strong in digital, with high penetration of domestic brands and debit bringing new consumers to the online sales world, points out the new EBANX’s (www.EBANX.com) Beyond Borders study; Digital payments in Africa have jumped from a 23% to a 46% penetration rate in less than eight years and…
