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.
Tender and Business News
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.
Konnect Africa, a satellite broadband service provider owned by French telecom company Eutelsat, just announced SmartWIFI, a new hotspot service designed for African markets.
eThala Management Services has been awarded US $990,000 from the Sustainable Energy Fund for Africa (SEFA), to support development of a new 10 MW Biomass-to-Power plant in South Africa.
The United Nations Economic Commission for Africa (ECA)'s Southern Africa office, in partnership with the Walvis Bay Corridor Group (WBCG) is holding an Ad-hoc Export Group Meeting on November 16-17, at Walvis Bay, Namibia, on the impact of declining commodity prices on the regions economies.
Japan recently handed over new boreholes and a piped water scheme to ten schools in Makonde, Zimbabawe.
The African Development Bank Group (AfDB) has approved its plan for intervention in Eritrea for 2017-2109. The plans supports Eritrea's National Development Plan (through 2018) for the country's economic and social development via agricultural transformation.
A major highlight of the recently concluded Global Nutrition Summit 2017 held in Milan, Italy, was a pledge by the Aliko Dangote Foundation to invest US $100 million over five years to address malnutrition in some of the poorest parts of Nigeria.
French telecom giant Orange just switched on two new very large-capacity [telecom] IP and IPX Points of Presence (PoP) in South Africa.
According to a new study led by a Johns Hopkins University scientist, the conditions in the high-population-concentration urban settlements in Africa will make the effects of climate change far worse.
The XL Africa residency, the flagship initiative of the business accelerator launched by the World Bank Grou's infoDev program in April, is hosting twenty of the most promising African digital start-ups from November 6-17.
Uganda has just been notified it will be receiving a grant worth RMB 200,000,000 (US $30 million) from the Government of the People's Republic of China, for a customs modernization project.
Schneider Electric (Schneider-Electric.co.za), a France-based specialist in energy management and automation, has signed an agreement with Gaborone-based SDM Electrical Switchboards to transfer technology to the company, and enable it to build electrical power switching systems locally.
A U.S. Trade and Development Agency grant has been issued to the GreenCape Sector Development Agency, for a feasibility evaluation of a proposed integrated liquefied natural gas (LNG) importation and gas-to-power project in the Western Cape Province of South Africa.
The West Africa Leg winners of the 7th All Africa Business Leader Awards (AABLA™) (www.AABLAwards.com), developed in Partnership with CNBC Africa, were announced recently in Lagos, Nigeria.
During the November 3 High Level Policy and Private Sector Trade and Investment Facilitation Forum held in Morocco, over 30 African countries as well as major world economies adopted a declaration titled "The Abuja Statement".
Approximately 40 percent of children in Sub-Saharan Africa under the age of five suffer from stunted growth as a result of massive undernutrition.