In a move aimed at protecting farmers against  bad weather, Uganda’s  Ministry of Agriculture Animal Industry and Fisheries (MAAIF) is set to roll out the National Agriculture Insurance Scheme
Africa Industry

Economic Commission for Africa pledges continued support to Africa’s push for inclusive climate-resilient development

The 7th Conference on Climate Change and Development in Africa opened in Nairobi Wednesday, October 10 with the African Union Commission (AUC), the Economic Commission for Africa (ECA) and the African Development Bank (AfDB) pledging to continue working together to make Africa’s development sustainable, inclusive and climate-resilient. Speakers from the pan-African institutions said they will […]

Africa Finance Corporation
Africa Industry

Africa Finance Corporation acquires initial US$300m facility from Export-Import Bank of China

Africa Finance Corporation (AFC), the leading infrastructure development finance institution in Africa, has announced its successful acquisition of a loan facility from the Export-Import Bank of China (CEXIM) of a US$200 million 5-year loan and a US$100 million 5-year stand-by facility for general corporate purpose. The loan marks AFC’s inaugural financing facility from China. This follows […]

With the new frame work between FAO and AU, farmer s will be able to acquire such machines
Africa Agribusiness

FAO, African Union Launch Agriculture Mechanisation Drive

Farmers, mainly small scale farmers, will soon have access to agricultural mechanisation equipment such as tractors thanks to the new framework that has been developed between Food and Agriculture Organization (FAO) and African Union (AU). The aim of the framework is to increase agricultural production through mechanization. The framework, code named Sustainable Agricultural Mechanization: A […]

Africa Industry

International Islamic Trade Finance Corporation Announces Major Trade Initiatives

The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has announced several major initiatives. This was during a special event sponsored by ITFC at the 5th edition of the Rebranding Africa Forum (RAF) held in Burkina Faso from 5-6 October 2018. The high-level event was attended by several African […]

Mininsg in South Africa has had mixed performances in 2018
Africa Industry

2018 financial year Mixed Performance for South Africa’s Mining Industry – Report

The 2018 financial year proved to be a challenging year for South African mining companies. Globally, the financial performance of the mining industry improved considerably from the previous year. That position was largely mirrored by South African bulk commodity producers with iron ore, coal, manganese and chrome performing well. Unfortunately, the aggregated SA mining industry, […]

Africa Industry

New Study Quantifies Value of Illegal Trade in Great Apes

Criminal networks of poachers, suppliers, dealers, wholesalers, and consumers make up the multi-million dollar industry in live great apes, their bushmeat, and their body parts. However, investigators are missing intelligence and enforcement opportunities on these illicit financial flows, according to a study released today by Global Financial Integrity (GFI), a Washington, DC-based research and advisory […]