African Development Bank Executive Director Rafique visits Angola

LUANDA, Angola, September 18, 2013/African Press Organization (APO)/ – The new Executive Director for Angola, Mozambique, Namibia and Zimbabwe of the African Development Bank (AfDB) (http://www.afdb.org), Mr. Rafique Mahomed, is undertaking his inaugural visit as Executive Director to Angola from 16-19 September 2013. During the visit, he held the first meeting with Hon. Dr. Job […]

Declaration of Intent for Joint Initiative on Youth Employment in Africa Signed in Addis Ababa

The Initiative is a response by the AUC, AfDB, UNECA and ILO to the call by African Heads of State and Government to tackle more decisively the youth employment challenge in Africa ADDIS ABABA, Ethiopia, September 17, 2013/ — The signing ceremony for the Declaration of Intent for the Joint Initiative on Youth Employment in […]

African Green Revolution Forum warns of severe finance gap in African agriculture

Maputo, 6 September 2013 – The African Green Revolution Forum (AGRF) has warned that a Green Revolution cannot materialise in Africa without a major concerted effort to secure financing for agricultural production. The Forum, which brought together over 200 delegates from across Africa and internationally, focused on the critical role to be played by public-private […]

African Exchange Holdings, Nigerian Ministry of Agriculture Pioneer National Warehousing Project

Proposed receipts system will allow collateral-based lending for farmers, provides sophisticated platform for trading Africa Exchange Holdings (AFEX) is a holding company co-founded by Heirs Holdings, Berggruen Holdings and 50 Ventures, in partnership with The Tony Elumelu Foundation and the Berggruen Institute on Governance. Its objective is to develop a network of commodity exchanges across […]

Garmin the Global Leader in Satellite Navigation in East African

JOHANNESBURG, South-Africa, September 3, 2013/African Press Organization (APO)/ – Garmin (http://www.garmin.com) the Global Leader in Satellite Navigation is improving its product offerings and service in East Africa, to include support for areas dealing with the rapidly expanding mining, agriculture and infrastructure sectors. Garmin has been successful in creating navigation and communication devices which embrace lifestyle […]

Norway Empowers African Legal Support Facility with US $4.9 Million

TUNIS, Tunisia, September 2, 2013/ — Norway is supporting the African Development Bank’s (http://www.afdb.org/en)  African Legal Support Facility (ALSF) with a contribution of NOK 30 million (approximately US $4.9 million), as a core contribution towards the ALSF 2013-2014 work program. The President of the African Development Bank Group (AfDB) Donald Kaberuka, and Norway’s Minister of […]

Denmark Contributes US $1.8 Million to Africa Agriculture Fast Track Fund

TUNIS, Tunisia, September 3, 2013/ — The Government of Denmark has announced a contribution DKK 10 million (approximately US $1.8 million) to the Agriculture Fast Track Fund to Spur Investment in the development of African agriculture infrastructure.   The announcement was made on Wednesday, August 28, 2013 in Copenhagen by Denmark’s Development Cooperation Minister, Christian […]

President of Liberia and President of African Development Bank set new course for prosperity in Africa’s fragile states

MONROVIA, Liberia, September 2, 2013/–Ellen Johnson Sirleaf, President of Liberia, and Donald Kaberuka, President of the African Development Bank Group (http://www.afdb.org/en/), launched a special high-level panel on fragile states in Monrovia on September 2, 2013. The panel seeks to answer the question, “How can we truly build peace and set a course for prosperity in […]

A piece by Donald Kaberuka, President of the African Development Bank, to set the scene for the BRICS summit in Durban on 26-27 March

The new world order comes to Durban this week – for the fifth BRICS Summit, and the first in Africa. Dilma Rousseff, Vladimir Putin, Manmohan Singh, Xi Jinping and Jacob Zuma represent a changing world, as gravity and power gradually shift from North to South, and West to East. Between them, they preside over nearly […]

Exset Reveals $20 Technology that Powers Digital Monetisation System for Africa

    Exset (http://www.exset.com) is a broadcast technology and solutions company founded in 2011. It is based in The Netherlands with offices in the UK, Estonia and India. Exset provides complete solutions to the television industry focusing on emerging markets where localisation, social and economic factors require a fresh approach to traditional technology supply. Exset […]

FAO’s support in transforming the agriculture sector in Uganda / Uganda encouraged to embrace commercial farming

ROME, Italy, March 8, 2013/African Press Organization (APO)/ – FAO Director-General Jose Graziano da Silva met with Ugandan Vice-President Edward Sekandi to discuss ways to ensure food security for all Ugandans and reduce poverty by supporting rural smallholders in the country’s agriculture sector.   Sekandi met with Graziano da Silva on behalf of President Yoweri […]

After Decades of Fighting Health Issues in Africa, Vestergaard Frandsen Family Member Retires

Torben Vestergaard Frandsen will now serve in advisory positions, with a special focus on Sub-Saharan Africa Vestergaard Frandsen (http://www.vestergaard-frandsen.com) was founded in Denmark in 1957. Today the company is headquartered in Switzerland and has offices that span five continents. Vestergaard Frandsen is structured around a humanitarian entrepreneurship business model where doing good is good business. […]

ECOWAS CALLS FOR COMPREHENSIVE ACTION PLAN FOR INFRASTRUCTURE DEVELOPMENT IN WEST AFRICA

  ABUJA, Nigeria, November 8, 2012/African Press Organization (APO)/ – ECOWAS has called on Member States and other stakeholders to evolve a comprehensive and concerted Action Plan to advance the development of infrastructure programme and projects in the region. Speaking at the opening of a two-day Regional Experts Meeting in Yamoussoukro, Cote d’Ivoire on Wednesday […]

Oncobiologics and Boston Oncology Team Up to Deliver Biosimilar Therapies for Cancer and Immune Disease to Middle East and North African Markets

CRANBURY, N.J. and CAMBRIDGE, Mass., Nov. 6, 2012 /PRNewswire/ — Oncobiologics, Inc. and Boston Oncology, LLC today announced a strategic partnership that will allow Boston Oncology to license, manufacture, and commercialize four of Oncobiologics’ biosimilar therapies for cancer and immunological disease in the Middle East and North African (MENA) regions. Under the agreement, Boston Oncology—a […]

American Businessman Talks About Investment In Equatorial Guinea

More than 25,000 Americans Work in Equatorial Guinea Today MALABO, Equatorial Guinea, Nov., 2012 /PRNewswire-USNewswire/ — Investing in Equatorial Guinea is a flexible and friendly process, according to American businessman John James. In a recent interview with Focus Washington, John James, founder and chairman of JD James & Company, an advisory firm serving governments, government […]

African leaders urged to invest in jobs, infrastructure and protecting development gains

  The title for this year’s African Economic Conference will be “Inclusive and Sustainable Development in an Age of Economic Uncertainty” KIGALI, Rwanda, October 31, 2012/African Press Organization (APO)/ – Opening an unprecedented gathering of experts here, present and former African Heads of State urged business, community and political leaders to help turn the continent’s […]

IMF Concludes EFF Review Mission to Seychelles

  VICTORIA, Mahé, October 29, 2012/African Press Organization (APO)/ – An International Monetary Fund (IMF) mission led by Carol Baker visited Victoria from October 17–26, 2012 to assess performance at end-June for the sixth program review under the Extended Fund Facility (EFF) Arrangement with Seychelles and discuss the authorities’ request for a one-year extension of […]

AfricaRice economist wins Louis Malassis International Scientific Prize

  COTONOU, Benin, October 30, 2012/African Press Organization (APO)/ – The 2012 Louis Malassis Young Promising Scientist Prize was presented to Dr Matty Demont, agricultural economist at the Africa Rice Center (AfricaRice) on 29 October for his ground-breaking research in the field of rice value chain development in Africa. Named after Louis Malassis, a renowned […]

Forum wraps Up with Suggestions for Sustainable Use of Africa’s Natural Resources

  Africa accounts for 60 per cent of the world’s uncultivated arable land that need to be protected against rapacious speculation ADDIS ABABA, Ethiopia, October 29, 2012/African Press Organization (APO)/ – The eighth African Development Forum (ADF VIII) wound up in Addis Ababa, Ethiopia, on Thursday with the adoption of a Consensus Statement suggesting better […]

Innovation Prize for Africa Announces Deadline Extension to Promote African-Led Innovation

  The winning proposal will be awarded a cash prize of $100,000 USD DAKAR, Sénégal, October 25, 2012/African Press Organization (APO)/ – Due to the high demand from African innovators, The African Innovation Foundation (AIF) (http://www.africaninnovation.org) and the United Nations Economic Commission for Africa (ECA) announced the extension of the deadline for submitting entries to […]

Joint Ministerial Conference on Agriculture and Trade postponed because of lack of quorum

ADDIS ABABA, Ethiopia, October 25, 2012/African Press Organization (APO)/ – The African Union Commission regrets to announce the postponement of the AU Joint Conference of Ministers of Agriculture and Ministers of Trade, which was scheduled to take place from 29 October to 02 November 2012 at the AU Headquarters in Addis Ababa, Ethiopia. Consequent upon […]

Premier IFC/World Bank Off-grid Lighting Conference in Senegal

  WASHINGTON, October 25, 2012/African Press Organization (APO)/ – The joint IFC-World Bank Lighting Africa program, in partnership with Senegal’s Agency for Rural Electrification, invite the media to attend or cover the Third International Off-grid Lighting Conference and Trade Fair in Dakar, Senegal, November 13 – 15, 2012. Lighting Africa will release the findings of […]