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AfricaBiz

Africa Business News

Niger Tender and Business News

West African States Land $155M Funding for Affordable Housing Financing

The West African Economic and Monetary Union (WAEMU), based in Burkina Faso and representing 8 member states, signed a $155 million package for the World Bank, The West African Development Bank and the West African regional mortgage refinance company (CRRH-UEMOA) to create affordable housing finance throughout the WAEMU region.

Dangote Plans $450M Sugar Production Plant in Niger

Dangote Group, the Pan African Conglomerate headquartered in Nigeria, just signed a Memorandum of Understanding (MoU) with the Government of Niger for the establishment of a jumbo $450 million state-of-the-art fully-integrated sugar production complex.

FAO and AfDB Collaborate on 'Desert to Power Program' in Africa

The Food and Agriculture Organization (FAO) and the African Development Bank (AfDB) have begun a new major collaboration initiative to help transform precarious situations in the desert part of Africa into developmental opportunities. It is called the 'Desert to Power program', and will be deployed to 11 countries including Sudan.

New Plan Rolling Out to Halt Spread of Fall Army Worm in Southern Africa

The fall army worm has expanded so rapidly in southern Africa that its presence is behind a cut in this year's regional maize harvest forecast by up to 10 percent. A new multi-part plan to increase surveillance and research to contain the worm may help push back the agricultural menace.

New UN Report Defines Roadmaps to Help Africa Transform Its Economy

A new report prepared by the UN Population Fund (UNFPA) says Africa can transform its society into one recognized as prosperous and productive. To accomplish that, however, it will have to find a way to harness the energy and inspiration of the 60% of the continent's population who is currently under 25 years.

Inaugural Meeting of AfricaTechNet Gathers CTOs of Africa Cities and Territories

With a focus on how to help Africa to work together better as well as specifically to help African cities get access to climate finance funds, the Constituent General Assembly of the Network of Chief Technical Officers of Cities and Territories of Africa (Africa TechNet) was held from 03 to 05 July 2017 at Ivotel Hotel, of Abidjan (Côte d’Ivoire).

Special Seminar Held to Train African Civil Servants on Economic Planning

A special course was recently held on Industrial Policy in Africa, for civil servants from 20 African countries. Its goal was to strengthen the group's capacity in designing, implementing, monitoring and evaluating appropriate strategies to facilitate the structural transformation of the continent’s economies.

AfDB Announces Strategy to Grow Africa's $31B Fashion Industry

"To develop its textiles market, Africa needs its cotton." So said two African designers during the recent "Fashionomics" section of the 52nd Annual Meetings of the African Development Bank (AfDB). With a US $31 billion market at stake, this is a business ecosystem which demands focus -- and the African Development Bank has a plan.

IAEA Study Shows Significant Water Resources Present in Drought-Stricken Sahel

The International Atomic Energy Agency, with headquarters in Vienna, Austria, has completed an extensive study of the drought situation in Africa. In a report published on May 29 on the analysis, the information shows significant reserves of good quality water are in fact still available in Africa's drought-prone Sahel region.

Ten African Countries Ratified the Paris Climate Accords

During the recent United Nations General Assembly held in New York on September 21, nine African countries submitted their papers supporting the ratification of the global Paris Agreement on climate change. A tenth, Mali, turned in its articles for ratification shortly after the meeting. This pushes the agreement over the edge of full ratification, since only 55 nations are required and now 61 nations have agreed to the pledge.

Elephant Census Ramps Up Pressure to Stop Domestic Trade in Ivory

A dramatic decline in Africa’s savanna elephant populations caused by poaching – as exposed by the results of a three-year aerial survey released this week – has piled pressure on reluctant governments to back proposals that would lead to bans on domestic trade in ivory. The issue is being raised at the IUCN World Conservation Congress happening in Hawaii this week.

Dire Warnings But Also Hope as IUCN Environmental Congress Opens

A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.

SEFA Grants Niger $994K for Green Electricity Mini-Grids

The Sustainable Energy Fund for Africa (SEFA) recently awarded U.S. $994,270 to the Republic of Niger to set up green electricity mini-grids (GMGs) and also structure them to make it easier for private investors to be a part of this sub-sector.

More Help Needed to Deal with Food Insecurity in the Wake of El Niño

United Nations leaders said today that much more needs to be done to prevent further suffering, strengthen resilience and preserve livelihoods in the wake of El Niño's devastating effects worldwide. Africa was the worst hit, with 40 million of the estimated 60 million affected globally residing in East and Southern Africa.

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