Africa Industry

IRENA and African Development Bank Partner to Scale Up Renewable Energy Investments in Africa

“The Bank’s partnership with IRENA will support Africa’s energy transition and our goal to achieve universal access to affordable, reliable, sustainable and modern energy in Africa by 2030.” – Bank VP Kevin Kariuki “This agreement represents the type of coordinated international cooperation that is the cornerstone of the realization of sustainable development in Africa and […]

Africa Industry

PIDG Company Emerging Africa Infrastructure Fund Fills Funding Gap in Zimbabwe Border Crossing Project Set to Stimulate Trade and Business Investment

EAIF lends $US44 million in senior and junior debt Comprehensive modernisation of the entire border post Typical waiting times set to fall from 39 hours to three hours Community to benefit from infrastructure transfer The Emerging Africa Infrastructure Fund (EAIF), part of the Private Infrastructure Development Group (PIDG) is lending US$43.7 million to a US$296 […]

Africa Industry

Keynote Speech Delivered by Dr. Akinwumi A. Adesina, President of the African Development Bank Group

Your Excellency Dr. Lazarus Chakwera, President of the Republic of Malawi, Honorable Ministers, Eminent Guests, distinguished ladies and gentlemen. I would like to thank Dr. Ken Giami, the Publisher and CEO of the African Leadership Magazine, organizers of the International Forum on African Leadership, for inviting me to speak to you at this event today. […]

Africa Industry

Development Evaluation Week: African Development Bank Marks 40 years of Evaluating Progress as Experts Mull SDGs and COVID-19

Abidjan, Côte d’Ivoire, 3 December 2020 – The African Development Bank celebrated 40 years of evaluating its development efforts, taking the opportunity to reflect on the challenges around monitoring and evaluating progress in the SDGs. The discussions marked Evaluation Week, a biennial event on development evaluation hosted by the Independent Development Evaluation unit at the Bank […]

Africa Industry

Housing Finance Bank Partners with NSSF to Enable Social Security Contributions through Agency Banking

Kampala, December 1, 2020 – Housing Finance Bank , National Social Security Fund (NSSF) and ABC (Agent Banking Company) have today announced a partnership that enables social security  collections through agency banking. The partnership means that NSSF members will now be able to submit their social security contributions through Housing Finance Bank agents in their […]

Africa Industry Wellness

Chronic Underinvestment in Clean Energy Putting Millions in Sub-Saharan Africa at Risk as They are Left Behind in Energy Transition

The world is neglecting investment in electricity and clean cooking access despite COVID-19 highlighting the critical need for energy access to protect the most vulnerable and save lives Fossil fuel financing increased substantially in 2018 while grid-connected renewables financing decreased, despite urgent need for action and large pledges made since the Paris Climate Agreement.VIENNA, Austria, […]

Africa Industry

Kampala Industrial & Business Park Taskforce Chairman Cautions Operators-“Tighten COVID-19 safety measures”

Kampala Industrial & Business Park COVID-19 task force has cautioned residents and operators in the area to continue observing safety precautions and Standard Operating Procedures in the continued fight against COVID-19. This comes after a reported increase in COVID-19 cases registered in Mukono District with majority originating from Kampala Industrial and Business Park in Namanve. […]

Africa Industry Opinions

Real Estate Financing a Key Catalyst in Reducing the Housing Deficit in Uganda

In a virtual thought leadership engagement held yesterday under the theme “Real Estate Financing in the New Normal”, experts have stressed the role played by financing in closing the housing deficit gap in Uganda. With the growing population currently standing at 42 million as per UBOS May 2020 statistics, there is continued need of addressing […]

Industry Travel

Escape to Dubai this winter and enjoy a free hotel stay on Emirates   Dubai, UAE  25 November 2020 – Emirates is making winter getaways to Dubai even more attractive with a complimentary stay at the JW Marriot Marquis Dubai, one of the world’s tallest 5-star hotels. The skyscraper hotel features award-winning dining options, its […]

Africa Industry

SafeBoda and Coca Cola Reward SafeBoda Food & Shop Driver Champions at ‘Coca-Cola Egabudde’ Festival

November 21 2020, Kampala, Uganda: SafeBoda and Coca-Cola Beverages Africa in Uganda today rewarded SafeBoda riders who have done an exceptional job in delivery of Food/Shop products especially during the COVID-19 pandemic. The SafeBodas were given special recognition at the inaugural Coca-Cola Egabudde Festival this morning. The exemplary SafeBodas, today given the title of ‘Food […]