Africa Opportunities

Development Finance Institutions commit to support Sudan’s transformation

African Development Bank President Akinwumi Adesina assured the Sudanese government of the Bank’s continued support in the country’s transformation journey Three leading international financial institutions, the African Development Bank (www.AfDB.org), the World Bank, and the International Monetary Fund (IMF), on Thursday pledged multi-pronged support to Sudan as it opens a new chapter to overcome political […]

Africa Opportunities

Africa has a once in a generation opportunity to ‘recover better’ with sustainable energy

Sustainable Energy for All sets out clear, practical steps for African countries to recover better from COVID-19 and close energy access gaps. As countries continue to rebuild from the COVID-19 pandemic, a new guide by Sustainable Energy for All (SEforALL) shows how clean energy investment can support countries to ‘Recover Better’, and use this unique […]

Africa Opportunities

$1.8 billion pledge for Sudan

Over $1.8 billion dollars in pledges for Sudan poured in during a high-level Sudan Partnership Conference held on Thursday, 25 June 2020, marking an important step in the African nation’s re-engagement with the international community. African Development Bank President, Akinwumi Adesina, and the World Bank and the International Monetary Fund chiefs attended the Conference, which […]

Africa Opportunities

On-site solar can spur post-Corona rebound in Africa

Businesses in Africa suffer from the world’s highest costs of electricity. Rooftop and ground mounted Solar PV on the user’s site can slash industry’s energy costs, improve their competitiveness and create hundreds of thousands of jobs, but government regulations are holding investments back. Terje Osmundsen* The Coronavirus pandemic has left Africa’s economies bleeding. After 25 […]

Africa Opinions Opportunities

Crisis present Unique Opportunities for Unprecedented ActioTimes of Unprecedented 

By Graça Machel, Dr. Ngozi Okonjo-Iweala, Dr. Vera Songwe, Maria Ramos We have been presented the opportunity to reimagine and redesign our society into a vibrant and equitable one COVID 19 has unearthed massive inequalities within our societies and brought to glaring light the unique burdens which women carry the world over. Allocation of response […]

The Uganda Investment Authority (UIA) has predicted a significant decline in both foreign direct investment (FDI) and domestic direct investment (DDI), particularly in tourism, transport and construction sectors, due to the economic crisis induced by the COVID-19 pandemic and shutdown.
Industry Investment

Uganda Investment Authority predicts a decline in investments

The Uganda Investment Authority (UIA) has predicted a significant decline in both foreign direct investment (FDI) and domestic direct investment (DDI), particularly in tourism, transport and construction sectors, due to the economic crisis induced by the COVID-19 pandemic and shutdown. According to the  “UIA Policy Paper on Boosting Investments during and post-COVID-19 Period” that was […]

Opinions Opportunities

Envisioning a Blue Recovery

Erna Solberg is Prime Minister of Norway. Tommy Remengesau, Jr. is President of Palau. OSLO/NGERULMUD – From Jamaica to Palau and Norway to Indonesia, the impact of the COVID-19 crisis is global, and national recovery efforts must be globally focused to seize shared opportunities. Nowhere is this more evident than in the global domain that […]