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Ministry of Planning and Economic Development - Egypt
Source: Ministry of Planning and Economic Development - Egypt |

Egypt: Ministryof Planning unveils EGP 11.6 billion investment plan for Asyut governorate 2023/2024

The number of villages targeted in the first phase of the “Decent Life” initiative in Asyut Governorate is 150 villages, benefiting 2.4 million people, with females representing 48%

The Ministry of Planning and Economic Development announced the Citizen Investment Plan for Asyut Governorate for the current fiscal year 2023/2024. Dr. Hala El-Said, the Minister of Planning and Economic Development, emphasized that the development plan prioritizes special attention to Upper Egypt regions. This is achieved by applying a financial…

African Development Bank Group (AfDB)

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    • Attendees at the launch ceremony of the three-year project to combat money laundering and terrorism financing, Senegal April 2024
    • (l-r) : AfDB Country manager for Senegal Mohamed CHERIF,  Edwin W. HARRIS Jr, Director General of GIABA. David N BORBOR, Director of the Financial Intelligence Unit of Sierra Leone and GIABA national correspondent. Tafsir HANE, representing Senegal’s Financial Intelligence Unit’s President, attend launch ceremony Dakar, April 2024
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Source: African Development Bank Group (AfDB) |

African Development Bank, Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) combat money laundering and terrorism financing in Africa through new project

The project will be financed through a grant from the Transition Support Facility of the African Development Bank to the tune of 3.5 million UA

The African Development Bank (www.AfDB.org) and the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) on Thursday officially launched a three-year support project to combat money laundering and terrorism financing in their member countries.  The project, titled “Capacity Development for Anti-Money Laundering and Countering the Financing of Terrorism…

Rand Merchant Bank
Source: Rand Merchant Bank |

Rand Merchant Bank (RMB) contributes to Acre Impact Capital’s $100 million private debt fund for climate-aligned infrastructure projects across Africa

The fund has announced its first close on 17th of April in which it has successfully raised an equity of ~$100m

RMB (www.RMB.co.za) one of Africa’s leading corporate and investment banks, has invested in Acre Export Finance Fund I which targets commercial debt tranches of Export Credit Agency (ECA) transactions supporting climate-aligned infrastructure in Africa. The fund has announced its first close on 17th of April in which it has successfully…

Islamic Development Bank Institute (IsDBI)
Source: Islamic Development Bank Institute (IsDBI) |

Professor Asutay Wins 2024 Islamic Development Bank (IsDB) Prize for Impactful Achievement in Islamic Economics

Professor Asutay was selected in recognition of his novel work on Islamic moral economy and the articulation of Islamic finance

Professor Mehmet Asutay has been selected as the first-place winner of the 2024 Islamic Development Bank (IsDB) Prize for Impactful Achievement in Islamic Economics (www.IsDBInstitute.org) for his significant and influential contributions to the field of Islamic economics and finance. The prize laureate is a Professor of Middle Eastern and Islamic Political…

Eastern Africa Association (EAA)
Source: Eastern Africa Association (EAA) |

The Eastern African Association’s Diamond Jubilee

Celebrating 60 years of supporting businesses in East Africa and contributing to the region’s growth and prosperity

For 60 Years, the Eastern Africa Association (EAA) (www.EasternAfricaAssociation.org) has been at the forefront of promoting trade and investment between the UK and East Africa through networking events, information sharing, and direct support for members when they face challenges. The EAA is marking its 60th anniversary this year – operating…

Parliament of the Republic of Uganda
Source: Parliament of the Republic of Uganda |

Uganda: Minister to make statement on city traders’ woes as talks progress

The traders are protesting the enforcement of the Uganda Revenue Authority’s (URA) Electronic Fiscal Receipting and Invoicing Solution (EFRIS) system

The woes of Kampala City traders may come to an end, if the current negotiations with government yield tangible solutions. Hon. David Bahati, the Minister of State of Trade, Industry and Cooperatives (Industry), informed Parliament during plenary sitting on Tuesday, 16 April 2024 that should the Executive make a break…

UN News
Source: UN News |

Libyan leaders must put national interests above their own, top envoy tells Security Council

Efforts to foster dialogue and address the concerns of Libyan politicians are being met with “stubborn resistance, unreasonable expectations and indifference” on their part, contrary to the national interest, the UN envoy to the North African nation said on Tuesday

Special Representative Abdoulaye Bathily told the Security Council that since the end of 2022, UN-led efforts to resolve Libya’s political crisis have encountered national and regional pushbacks, “revealing an intentional defiance to engage in earnest and a tenacity to perpetually delay elections”. Resignation tendered Speaking to reporters at UN Headquarters outside the…

The World Bank Group
Source: The World Bank Group |

World Bank Reserve Advisory & Management Partnership (RAMP) Trust Fund to Improve Public Asset Management Announces Second Beneficiary, Cabo Verde

Announced in October, the trust fund brings the World Bank’s public asset management expertise to lower-income, fragile, or conflict-affected countries that could not otherwise afford it

The World Bank announced the Central Bank of Cabo Verde (CBCV) as the second beneficiary of a multi-donor trust fund for advancing public asset management worldwide. Representatives from CBCV and the World Bank signed the technical assistance agreement, which delivers technical advisory services under the World Bank’s Reserve Advisory &…

Orange Middle East and Africa

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    • The European Union, the German Cooperation (GIZ) and Orange launch a strategic partnership to support the digital transformation in the sustainable cocoa sector and the low-carbon transition in Côte d'Ivoire through the
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Source: Orange Middle East and Africa |

The European Union, the German Cooperation (GIZ) and Orange launch a strategic partnership to support the digital transformation in the sustainable cocoa sector and the low-carbon transition in Côte d'Ivoire through the "Orange Digital Centers"

This ambitious partnership benefits from joint funding of €7.6 million and aims to achieve several strategic objectives

Orange (www.Orange.com), in partnership with the European Union and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) announces the launch of the "DigiGreen & Agri" project, an ambitious initiative to promote digital innovation for a transition to a more sustainable and inclusive economy. The overall objective of this project is to…

Economic Community of West African States (ECOWAS)
Source: Economic Community of West African States (ECOWAS) |

Marché des Arts du Spectacle d’Abidjan (MASA) d’Abidjan: Economic Community of West African States (ECOWAS) Participates at the 13th Edition of the Festival as it Opens in Abidjan

ECOWAS provides financial support and plays a crucial role in the overall organisation of the Abidjan Performing Arts Market (MASA)

The 13th Edition of the Marché des Arts du Spectacle d’Abidjan (MASA) 2024 (the Abidjan Performing Arts Market) opens in Abidjan, Côte d’Ivoire on April 13, 2024. MASA is the meeting par excellence for performing arts on the African continent. The ECOWAS delegation led by H.E. Fanta Cisse, the Resident Representative of…