The 2016/2017 academic year was a banner year for international students attending United States' institutions of higher education. African enrollment in the U.S. hit an all-time high value of 37,735 for the year, after a 7 percent increase over the previous year.
Tender and Business News
The African Development Bank's Board of Directors recently signed off on the Bank's Somalia Country Brief 2017-2020 plan. This is the plan which the bank will be using to help reinforce the country's institutions and critical infrastructures.
What was originally labeled as a 'crazy idea' involving a genome fingerprinting research project, and involving Italian researchers and Swedish funding, has produced a kind of drum wheat which can survive the climate-change extreme heat currently causing famine in Senegal, Mauritania, and Mali. It won the 2017 OLAM Prize for Innovation in Food Security.
GE's Power Services business has received a contract from Azito Energie S.A. (Azito) to upgrade two gas turbines at the company's combined-cycle power plant in Cote d'Ivoire.
On November 17, The Food and Agriculture Organization (FAO) is holding a National Round Table Discussion in Johannesburg, on the upcoming FAO Internship, Volunteers and Fellowship programmes.
Mercury, a dangerous neurotoxin, has been known for a long time as one of the most toxic of chemicals used in medical care and in dentistry in particular. The international movement which led its banning in many developed countries has now moved to its latest frontier -- the developing world.
Milost Global Inc., a New York based private equity firm, has signed a financing term sheet worth USD $850 million with Optimum Petroleum Development Ltd., a Nigerian based exploration, development and production company.
In a new report, Ericsson, a major telecom provider from Sweden, projects Sub-Saharan Africa will see LTE subscriptions expand by from 30 million in 2017 to 310 million by 2023.
Bombardier, a Montreal-based manufacturer of aircraft and railway systems, announced that its Bombardier Commercial Aircraft division signed a firm purchase agreement for two new Q400 turboprops with Nordic Aviation Capital of Denmark. These will be leased to Nairbi, Kenya, based Jambojet Ltd.
Minerals Circles Bearings (MCB), a distributor of bearings in the UAE, is moving its business development road show to Cote d'Ivoire and Nigeria, in seearch of potential new opportunities for foreign direct investments.
During a recent visit to Portugal, Akinwumi Adesina, the President of the African Development Bank Group, made a call for more partnerships to accelerate development of the African economy.
Liberia has just received SDR 14.764 million (about US $20.7 million) from the International Monetary Fund. This followed the
California-based online marketplace and hospitality service provider Airbnb is investing $1 million through 2020 to promote and support community-led tourism projects in Africa.
Humanitarian agencies are warning the Democratic Republic of the Congo (DRC) is heading for a humanitarian crisis, and it will not be solved without help from the international community at large.
APO Group (www.APO-opa.com), a Senegal-based major media relations consultancy for African and the Middle East, just announced that Rugby Africa (www.RugbyAfrique.com), World Rugby's African association, has signed a multi-year agreement appointing APO Group as the Official Partner of Rugby Africa.
The Development Innovation Ventures (DIV) program, operated by the U.S. Agency for International Development (USAID), just announced 18 new grantees. These grantees come from Brazil, India, Kenya, Uganda, Malawi, Rwanda, South Africa, Tanzania, and Zambia.
A US $25 million loan (in Kwacha equivalent) has been authorized for the Zambia National Building Society (ZNBS) by the African Development Bank Group (AfDB). The primary objective of the loan is the financing of affordable housing in the country.
Laure Redifer led an International Monetary Fund (IMF) team on an in-person visit to Rwanda from October 25-November 8, 2017. The purpose was to review potential economic policies to help complete the eight and third reviews of Rwanda's PSI and SCF-supported programs.
At the close of the recent "Africa Talks Jobs" (ATJ) (www.AfricaTalksJobs.Africa) conference, more than 400 representatives of youth, business, education practitioners and policy-making from 44 countries in Africa and Europe have called for improving job perspectives of African Youth through employment oriented education and skills development.
The United Nations Development Programme (UNDP) and the Green Climate Fund (GCF) have authorized US $191 million for a climate mitigation project by the Republic of Mauritius.
The United Kingdom's Adam Afriyie, MP and UK Trade Envoy to Ghana, visited Ghana from November 8-11 to explore commercial opportunities for UK business in the Infrastructure and Oil and Gas sectors.
On November 10, Lac Seul First Nation just celebrated the grand opening of nine newly-constructed housing units. The project was jointly funded by the Canadian Government and the First Nation.
LTE subscriptions in Sub-Saharan Africa are projected to increase from 30 million in 2017 to 310 million in 2023, a 47 percent increase. That's part of the news from the latest regional appendix to the upcoming Ericsson Mobility Report.
According to Dr. Liam Fox, the British International Trade Secretary, the UK has agreed to double the amount of export finance it is making available to encourage UK-Ethiopia bilateral trade.
On November 6, the Amhara (Ethiopia) Regional Health Bureau took over management of a newly-constructed health center. The facility was funded by the United States Agency for International Development.