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Page : 289 - Results of 2881 to 2890 from 15952 Results

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18/09/2023
On a visit to the African Development Bank, Argentina’s Under-Secretary for Foreign Policy Claudio Rozencwaig has expressed keen interest in deepening the existing partnership and exploring opportunities that benefit Argentinean and African businesses, notably in agriculture and pharmaceuticals. The Under-Secretary who visited the Bank’s Abidjan headquarters on 12 September, held meetings...
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16/09/2023
The agreement signed with the EIB will provide SMEs in Côte d'Ivoire and Senegal with long-term loans in foreign currency to improve their agricultural productivity in a context of climate change. The Côte d'Ivoire and Senegal subsidiaries of the African mesofinance group Cofina obtained yesterday a credit line of €16 million for the former and €10 million for the latter from the...
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16/09/2023
In 2022, the BRVM stock market experienced a 24.2% increase in market capitalization. When combined with a 7.7% net dividend yield, this represents a total gain of 34.28% for investors. However, sustaining this performance may be challenging. Thirty four companies listed on the WAEMU regional stock market BRVM have already announced CFA585.2 billion in net dividends for FY2022. When compared to...
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15/09/2023
The African Development Bank and the Government of Korea on Wednesday signed two agreements for financial support to boost Africa’s development agenda. The value of the financing is $28.6 million. The funding complements $600 million in co-financing under the Korea-Africa Energy Investment Framework, agreed with the Korean government in 2021. The framework supports African countries...
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15/09/2023
AGL Mali carried out a large-scale logistics operation for the LAFIGUE mine in Côte d'Ivoire in August. The company coordinated an exceptional convoy of 61 trucks, transporting more than a dozen machines over a distance of more than 760 kilometers. The departure point for this significant expedition was SANANKOROBA, in Mali, where AGL Mali's teams took charge of the convoy for its journey to...
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15/09/2023
The 78th edition of the United Nations General Assembly in New York City will focus on progress towards the Sustainable Development Goals under the 2030 Agenda. As a founding member of the UN Global Compact in the Indian Ocean, AXIAN embeds these fundamental principles in its strategies, culture and day-to-day operations. The pan-African group is today publishing its third annual Impact Report to...
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14/09/2023
Although their volume exceeds that of official development aid and even foreign direct investment on the continent, the remittances from the African diaspora contribute very little to development and wealth creation, a report published last June by Ecofin Pro revealed. According to this report entitled "La gestion anarchique des envois de fonds des diasporas (the Chaotic Management of Diaspora...
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14/09/2023
The Ivoirian government has just adopted a decree establishing a National Coffee-Cocoa Traceability System. This system aligns with the Marketing flow management improvement program initiated by the Coffee-Cocoa Council (CCC). According to the authorities, the national coffee and cocoa traceability system includes a computerized system for recording commercial transactions and a system for...
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14/09/2023
The Board of Directors of the African Development Fund approved a grant of US$6.73 million to Mozambique in Abidjan on 13 September 2023 to support the implementation of the Institutional Support Project for Business Environment and Governance. The aim of the project is to increase resilience through institutional capacity building to support private-sector development and the management of...
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14/09/2023
On behalf of the African Development Bank Group, I extend our deepest sympathies to the communities impacted by Mediterranean storm Daniel in Libya. This storm has resulted in a significant loss of life and widespread devastation, most notably in the worst hit city of Derna. Libya is a nation already facing many challenges. Sadly, the escalating number of deaths, reportedly now close to 5,300,...
 

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