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Gavi announces $1.8 billion in support for vaccine production in Africa
Gavi said it approved the establishment of the African Vaccine Manufacturing Accelerator (AVMA), following more than 18 months ...
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Global trade expected to shrink by nearly 5% in 2023
The report says the outlook for 2024 remains “highly uncertain and generally pessimistic,” citing factors like ...
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NextGen US battery materials company names Abbey Omokhodion as CFO
Ms. Omokhodion’s strong industrial background and track record of success at Ford, GE, and most recently Intel, is ...
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Norway, Switzerland, and Sweden lead electric vehicle uptake
Norway, Switzerland, and Sweden rank at the top of the index comprising 40 countries, which is largely due to the ...
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Africa nears broader vaccination against malaria
Malaria burden is the highest on the African continent, which accounts for approximately 95% of global malaria cases and 96% of ...
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ILO Director-General advocates for elimination of gender-based violence
“Violence and harassment against women and girls know no borders, not even the workplace,” said the DG of the United ...
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REA deploys over 100 electricity mini-grids in 3 years
REA, an implementing agency under the Federal Ministry of Power, is primarily tasked with the electrification of rural and ...
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PayPal loses 7 million active users in nine months
According to data presented by AltIndex.com, PayPal lost seven million active users in the first nine months of the year, ...
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Group to Create $20 billion value chain for sustainable farming
Food systems account for more than 30% of global emissions and are critical in achieving the Paris Agreement and limiting global ...
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AfDB to invest $252mn in Uganda’s rural transport, regional integration
The financial support consists of two loans: $179.68 million from the bank and $73.15 million from the African Development Fund, ...
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AFEX launches new commodity trading platform
Africa Exchange will replace ComX, which has served over 80,000 investors in Nigeria and facilitated trades worth over $200 ...
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Afreximbank, Export-Import Bank of China sign $600 million facility
The facility is expected to help in catalysing trade financing between Africa and the People's Republic of China, thereby ...
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Zambia reaches agreement with external bondholders on debt restructuring
The proposed restructuring terms provide both substantial up-front debt relief and future relief commensurate with Zambia's ...
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Africa has potential to become a global fashion leader – UNESCO
"Fashion is really taking off in Africa, and this report shows that it can be developed even further,” said Audrey ...
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South Africa economy to slow down in 2023 before stabilising in 2024
The South African economy is grappling with several challenges, including severe power supply disruptions, unstable commodity ...
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Moghalu appointed to chair Advisory and Executive Boards of APSS
APSS is a pan-African, private sector-led non-profit organisation that promotes trade and investment in Africa and headquartered ...
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With $1 billion in investments, Proparco marks 15 years in Nigeria
Proparco provides loans, equity, guarantees, and technical assistance aimed at strengthening its customers' financial capacity ...
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IFC mobilises $3.5 billion to expand development finance
The new programme will increase the total capacity raised under the MCPP, IFC's portfolio syndications platform, to over $16 ...
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Alternative fund managers most influenced by ESG in investment decisions
The study from Ocorian, which manages over 15,000 structures on behalf of 6,000+ clients globally, shows the UK is ranked as the ...
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IMF’s austerity loan conditions risk undermining rights – HRW
“The IMF’s experiment of trying to offset the harm caused by austerity programmes simply isn’t working,” ...
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Stanbic IBTC to become a sustainability-certified financial institution
Stanbic IBTC embarks on a holistic sustainability journey, begins implementation of global sustainability standards for ...
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