DUBAI, United Arab Emirates, November 18, 2024/ — Africa Finance Corporation (AFC) the continent’s leading infrastructure solutions provider, has successfully closed a US$300 million India-focused syndicated loan, marking a significant milestone in its ongoing strategy to diversify its international investor base. The transaction introduced a new group of lenders from India, further expanding AFC’s global partnerships. This landmark transaction, commemorated in Dubai, underscores AFC’s robust standing as an investment-grade rated development financial institution with a unique ability to attract diverse global investors, furthering its pivotal mission to catalyse infrastructure development…
Category: AFRICA
Kulkpiniduli market Establishment Issue brought to rest
Story: Abdul Razak Mohammed The reported near stand-off between Dagomba and Konkomba youth group opponents and proponents to the planned establishment of a new market on the 23rd August at Kulkpiniduli in the Yendi Municipality and Mion District in Ghana’s Northern Region, has been brought to rest as the Dagbon Traditional Council(DTC) intervened and stamped its authority on the matter. This yet another undesirable development nearly took the shine out of a pragmatic Dagomba-Konkomba peace restoration, building and conservation initiative pursued following the 6th August,2024 community violence at Zobgei, also…
Averting Inter-Ethnic War in Dagbon,Northern Ghana
Your Royal Highnesses; Naa Bakpema Kari-Naa Abdulai Natogmah Naa Bapira Demon Naa Alhassan Naa Bapira Zangbalin-Naa Naa Yeba Ngan-dana Naa Bapira Gbungbali-Naa Saboba Naa Ubor Bowan John Sakojim IV Waapuli Naa Naalongni Naa Ubor Biniyam Collins IV Garimata Naa Nkpegu Naa Kunji Tamanja Kumakeek Naa Tangmee Majoriba The Security Elders, Chiefs and People of Mion Traditional Area Media Ladies and gentlemen: It is for peace that Your Royal Highnesses have paid a royal visit to me, my elders and the good people of Mion Traditional Area. Your visit isarightstep that…
Dagomba-Konkonba Peaceful Co-Existence Spans 300 Years
Story: Abdul Razak Mohammed His Royal Majesty, ndan,Ya Naa Abukari I, the King of Dagbon (Dagomba Kingdom), Northern region of Ghana, says Dagombas and Konkombas have an age-long good neighborliness, mutual respect and peaceful co-existence track record. This, he noted, spans a period of three hundred years until sadly and from nowhere, bad blood crept into their midst since the 1990s resulting into the first ever Dagbamba-Konkomba armed conflict. His Royal Majesty said humans as they are, cannot once a while, escape misunderstandings and conflicts and should they happen to…
Editor’s Pick
At this most crucial moment in Ghana’s development history, it is disheartening to hear of incidents like the recent Zogbie one that has led to the loss of precious lives. The various ethnic groups in the Northern region should consider the fact that, they are never real enemies against each other but rather, poverty, squalor and under development is their real common enemy they need to confront together in their own interest. We of the Economic and Environmental News Africa magazine, therefore wish to implore the youth in the northern…
Treat Zogbie’s Incident as Localized and Isolated
Story: Abddul Razak Mohammed His Royal Highness, Ubor Bowan John Mateer Sakojim IV, The Paramount Chief for Saboba Traditional Area, has called for peace to prevail in Zogbie, Mion District, Northern Region of Ghana following the resent reported eruption of violence in the said community. He has also called on all Dagombas and Konkonbas to at this difficult times, treat the most unfortunate incident as localized and isolated and never as war between the two ethnic groups. “It is with deep regret that I, Ubor Bowan John Mateer Sakojim IV,…
Morocco Earmarks One Million Hectares of Land for the Construction of Green Hydrogen Projects and Real Estate
Morocco has pledged to award one million hectares of land to facilitate the construction of its green hydrogen projects. Furthermore, the government plans to allocate this vast land to develop real estate projects as part of its “Morocco Offer” initiative. Prime Minister Aziz Akhannouch highlighted that this enormous land allocation will support integrated green hydrogen projects, enhancing Morocco’s competitiveness in the global market. In addition to the land allocation, the government is implementing measures to streamline the real estate sector. This includes simplifying administrative procedures, reducing required documents, and establishing regional…
African Petroleum Producers Organization (APPO) Executive Retreat Explores Africa’s Oil & Gas (O&G) Future in the Age of the Energy Transition
JOHANNESBURG, South Africa, July 11, 2024/ — African intergovernmental organization the African Petroleum Producers Organization (APPO) held an executive retreat to discuss the future of the African oil and gas sector amidst the ongoing energy transition on July 8-9. The retreat was in preparation for the opening ceremony of APPO’s 18th Executive Board Meeting which will be held today, Thursday June 11, where the Republic of the Congo’s Minister of Hydrocarbons Bruno Jean Itoua and APPO’s Alternate President will give an opening address. During the retreat, APPO member nations discussed…
West Africa Set for Downstream Boost with African Refiners and Distributors Association (ARDA) Participation at MSGBC 2024
DAKAR, Senegal, July 10, 2024/ — In support of the development and deployment of liquefied petroleum gas (LPG) solutions throughout the continent, pan-African downstream organization the African Refiners and Distributors Association the UN-backed Global LPG Partnership have mobilized $1 billion in financing for clean cooking solutions in Africa. As such, the participation of ARDA Executive Secretary Anibor Kraghan as a speaker at this year’s MSGBC Oil, Gas & Power 2024 conference – taking place in Dakar from December 3-4 – will showcase the role downstream expansion has in delivering an…
NJ Ayuk Selected as Leading Practitioner in Who’s Who Legal: Energy 2024
JOHANNESBURG, South Africa, July 10, 2024/ — African Energy Chamber (AEC) (www.EnergyChamber.org) Executive Chairman NJ Ayuk has been selected as one of the world’s leading practitioners in the Who’s Who Legal (WWL): Energy 2024 report. Hosted by global legal intelligence platform Lexology, the WWL: Energy 2024 report is a comprehensive source of international legal updates, analysis and insights on law firms and in-house counsel. Ayuk’s selection not only underscores his expertise in the field of energy but his recognition as an authority in the African energy sector. The WWL: Energy 2024 report identifies private practice lawyers…