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Sport Nigeria Ltd

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    • National Sports Commission Reaffirms Commitment as Partner and Co-host of the Sports Africa Investment Summit
    • Mallam Shehu Dikko, Chairman, The National Sports Commission (NSC)
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Source: Sport Nigeria Ltd |

National Sports Commission Reaffirms Commitment as Partner and Co-host of the Sports Africa Investment Summit

Chairman Mallam Shehu Dikko to Deliver Agenda-Setting Keynote Address in February 2025

The National Sports Commission (NSC) has reaffirmed its active participation as a Partner and Co-Host of the upcoming Sports Africa Investment Summit (SAIS) 2025. Under the leadership of its Chairman, Mallam Shehu Dikko, the NSC has reiterated its unwavering dedication to advancing the summit’s mission of driving economic growth through…

United Nations Mission in South Sudan (UNMISS)
Source: United Nations Mission in South Sudan (UNMISS) |

South Sudan: South Korean peacekeeping engineers improve access to essential services by rehabilitating Bor-Pibor-Akobo road

In addition to road repairs, the engineers will also improve drainage system to prevent water accumulating behind newly constructed dikes during the flood-prone rainy season

Roads are essential for ensuring safe movement of communities, promoting trade and enhancing economic growth as well as enabling people to connect for peacebuilding. In the Jonglei region, the main route between Bor-Pibor-Akobo is a lifeline for residents, as it also enables the efficient transportation of food and other necessities,…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation (AFC) has received the highest issuer credit rating, an AAAspc with a stable outlook, from S&P Ratings (China) Co., Ltd. (S&P Global (China) Ratings), demonstrating AFC’s exceptional financial strength, disciplined capital management, and expanding access to diversified funding
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Earns Top AAAspc Rating from S&P Global (China) Ratings, Further Enhancing Capital Diversification Opportunities

The Corporation’s Basel II capital adequacy ratio stood at 34.7% as of mid-2024, well above its internal target of 30%

Africa Finance Corporation (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has received the highest issuer credit rating, an AAAspc with a stable outlook, from S&P Ratings (China) Co., Ltd. (S&P Global (China) Ratings), demonstrating AFC’s exceptional financial strength, disciplined capital management, and expanding access to diversified funding. It is the…

Africa Finance Corporation (AFC)

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    • AFC successfully prices its debut US$500M perpetual hybrid bond, advancing transformative infrastructure across Africa
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Successfully Priced its inaugural Hybrid Bond Raising US$500 million for Transformative Infrastructure Projects

Priced at a coupon of 7.50% with no fixed maturity, AFC’s maiden perpetual bond attracted robust demand, peaking at US$1.1 billion in orders, and closed with 1.5 times oversubscription

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has successfully priced a US$500 million perpetual hybrid bond. This landmark transaction, which is AFC’s debut hybrid bond issue, demonstrates AFC’s leadership in accessing global capital markets and financing transformative infrastructure projects across the continent. Priced at a coupon…

FAO Regional Office for Africa
Source: FAO Regional Office for Africa |

Zimbabwe: Weir dams bring hope to rural communities struggling with water scarcity

The weir dams are part of a larger initiative by FAO, the Government of Zimbabwe, and USAID-BHA, to construct and rehabilitate key infrastructure

Rural communities in Zimbabwe have long grappled with the challenge of accessing reliable water sources, a problem exacerbated by the impacts of climate change. However, a new initiative led by the Food and Agriculture Organization of the United Nations (FAO), in partnership with the Government of Zimbabwe and USAID's Bureau…

Ministry of Health, Kenya
Source: Ministry of Health, Kenya |

President William Ruto Inaugurates New Kenya Medical Training College (KMTC) Campus, Urges Support for Social Health Authority (SHA) Registration in Elgeyo Marakwet

The new campus is set to enhance healthcare education by equipping students with the skills needed to support Universal Health Coverage (UHC) locally and beyond

President William Ruto has officially inaugurated the newly established Kenya Medical Training College (KMTC) campus in Kerio Valley, Elgeyo Marakwet County.  The new campus is set to enhance healthcare education by equipping students with the skills needed to support Universal Health Coverage (UHC) locally and beyond. Speaking during the event,…

State House Sierra Leone
Source: State House Sierra Leone |

Sierra Leone’s President Julius Maada Bio Commissions Cold Chain Facility and Ambulance Services in Bonthe District to Strengthen Healthcare Delivery

These initiatives are part of the government’s Quality Essential Health Service and System Support project

In a significant move toward enhancing healthcare delivery, His Excellency President Dr. Julius Maada Bio has officially commissioned a cold chain facility for the Bonthe District Health Management Team and launched the National Emergency Medical Services (NEMS) program. These initiatives are part of the government’s Quality Essential Health Service and…

African Development Bank Group (AfDB)

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    • West Africa: African Development Bank's (AfDB) Sustainable Energy Fund Africa to provide $10 million anchor investment in Arm-Harith Investment Fund for Sustainable Infrastructure
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Source: African Development Bank Group (AfDB) |

West Africa: African Development Bank Group's (AfDB) Sustainable Energy Fund Africa to provide $10 million anchor Investment in Arm-Harith Investment Fund for Sustainable Infrastructure

By investing in sustainable infrastructure and energy transition projects and emphasising innovation and first-of-a-kind developments, the Fund is expected to generate significant environmental, economic, and social benefits

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $10 million concessional equity investment in the ARM-Harith Successor Infrastructure Equity Fund to increase access to reliable electricity and modern transportation infrastructure as well as energy-efficient technologies in Nigeria and the wider West Africa region. The…

African Development Bank Group (AfDB)

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    • The road corridor project supported by the African Development Fund will contribute to the economic and social integration of southern Madagascar by opening up the region
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Source: African Development Bank Group (AfDB) |

Madagascar: African Development Bank Group grants a $165 million loan to develop roads in Southern Madagascar and facilitate trade

A significant part of the project involves reconstructing the Manombo bridge and creating two new two-lane bridges spanning 460 meters to enhance road connectivity

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $165 million loan to Madagascar to develop critical trade corridors and improve regional connectivity. The funding, granted on 11 December 2024 in Abidjan, will support the third phase of a major infrastructure project to improve trade…

OPEC Fund

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    • OPEC Fund Director General, Dr Abdulhamid Alkhalifa
    • OPEC Fund Building Inside
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Source: OPEC Fund |

The OPEC Fund for International Development (OPEC Fund) approves close to US$1 billion in new development financing

These projects will benefit countries across the globe and aim to bolster infrastructure, food security, renewable energy, economic resilience and governance in partner countries

The OPEC Fund for International Development (OPEC Fund) (www.OPECFund.org) has approved close to US$1 billion in new development financing over the last quarter of 2024, including during its 190th Governing Board meeting in Vienna today. These projects will benefit countries across the globe and aim to bolster infrastructure, food security,…