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Egypt Showcases $30 Bln New Administrative Capital

(AFRICAN EXAMINER) – Egyptian authorities on Tuesday led top journalists from sub-Saharan Africa on a guided tour of the country’s new administrative capital, which has gulped 30 billion dollars so far. African Examiner reports that the ambitious project started seven years ago and it appears to be on course to be the best capital in […]

Zimbabwean Central Bank Lifts Suspension On Bank Lending

(AFRICAN EXAMINER) – The Reserve Bank of Zimbabwe (RBZ) on Tuesday, lifted the suspension on lending. The suspension lifting was announced by President Emmerson Mnangagwa at the beginning of May but said companies being investigated for alleged financial misdemeanors would still not be allowed to borrow. Mnangagwa on May 7, announced a raft of measures […]

Ghanaian Finance Minister Ken Ofori-Atta Lauds AfDB’s Emergency Food Plan For Africa

(AFRICAN EXAMINER) – Ghanaian Finance Minister Ken Ofori-Atta has applauded Africa Emergency Food Production Plan proposed by the African Development Bank (AfDB) to mitigate the current food crisis in the continent. With the disruption of food supplies arising from the Russia-Ukraine war, Africa faces a shortage of at least 30 million metric tons of food, […]

Mali Says It Is Leaving Sahel Military Alliance

(AFRICAN EXAMINER) – Mali on Sunday said it was leaving a five-country military alliance in the Sahel region of Africa. The alliance known as the Group of five (G5) Sahel also includes Chad, Mauritania, Niger, and Burkina Faso. The G5 Joint Force was created in 2017 to shore up efforts to establish order on the […]

Ex-President Of Somalia Re-Elected As Head Of State

(AFRICAN EXAMINER) – Former Somali president Hassan Sheikh Mohamud was on Sunday re-elected as head of state of the East African country. The 66-year-old politician prevailed against 35 candidates in the election for the country’s highest office, including the incumbent president Mohamed Abdullahi Farmajo, who had replaced Mohamud in power in February 2017. Parliamentary and […]

Green Growth Gaining Traction In Africa – New Report

(AFRICAN EXAMINER) – Efforts geared towards advancing green growth in Africa is gathering momentum across Africa, according to a new report launched on Wednesday. The Africa Green Growth Readiness Assessment Report which is co-authored by the African Development Bank (AfDB) and the Global Green Growth Institute, was unveiled at the on-going 15th session of the […]

Africa Leaders, Stakeholders Rally Support For Land Restoration At COP15

(AFRICAN EXAMINER) – African heads of state and stakeholders have unanimously expressed their support for land restoration at the on-going fifteenth Conference of the Parties (COP15) of the UN Convention to Combat Desertification, holding in Abidjan. The conference builds on the Great Green Wall programme and intends to offer a concrete response to the interconnected […]

AfDB Strengthens Fight Against Food Insecurity In Burkina Faso

(AFRICAN EXAMINER) – African Development Bank (AfDB) through one of its flagship initiatives is currently helping women and children in Burkina Faso to overcome food insecurity. Despite its tremendous agricultural potential, Burkina Faso has long grappled with the thorny problem of food and nutrition security. Regrettably, in a country, where 82 percent of the population […]

AfDB To Support Abidjan Legacy Programme With $500m

(AFRICAN EXAMINER) – African Development Bank (AfDB) has promised to support the implementation of the Abidjan Legacy Programme, a project that will restore forest and degraded lands in Côte d’Ivoire, with $500 million. President of AfDB, Dr. Akinwumi Adesina made the pledge when he met with the Ivorian President, Alassane Ouattara. The Bank chief was […]

DR Congo: UN Chief Calls For Probe Into Attacks On Mining Site

(AFRICAN EXAMINER) – UN Secretary-General António Guterres on Monday, urged authorities in the Democratic Republic of the Congo (DRC) to investigate deadly armed group attacks in Djugu Territory, Ituri Province, on Sunday. At least 38 civilians, including women and children, were killed in the attacks carried out by the Coopérative pour le développement du Congo […]

EIB Invested Over €10b in Africa Last Year – Nakoulima –

(AFRICAN EXAMINER) – The Investment Officer in charge of Global Partners of the European Investment Bank (EIB), Moussa Nakoulima said the Bank successfully invested over €10 billion in Africa in the 2021 fiscal year. Nakoulima disclosed this while speaking in Abidjan at the capacity-building workshop on addressing land degradation and ecosystem restoration. The EIB which […]

Ethiopia Seizes $1.25m Worth Of Contraband Gold

(AFRICAN EXAMINER) – Local officials on Monday said Ethiopian security forces have seized 64 million Ethiopian Birr (1.25 million U.S. dollars) worth of contraband gold. In a press statement, Ethiopia Federal Police said the contraband gold haul was seized on Saturday through the joint efforts with the federal customs authority and the Oromia region militia […]

South Africa’s Kruger National Park To Undergo $23m Makeover

(AFRICAN EXAMINER) – South Africa SANParks authority announced on Monday that Kruger National Park, one of the best-known safari parks in the world, would undergo thorough renovations. According to SANParks, despite high losses due to COVID restrictions, roads, observation platforms, lodging and restaurants are expected to be refurbished over the next three years at a […]

Dozens Dead After Suspected Militia Raid In Eastern Congo

(AFRICAN EXAMINER) – Three civil society leaders on Monday confirmed the death of dozens of people killed by armed men. They said many people were also missing after the armed men raided a mining encampment near the town of Mongwalu in the Democratic Republic of Congo’s eastern Ituri province on Sunday. Army spokesperson Jules Ngongo […]

AfDB Supports Economic Diversification To Accelerate Structural Transformation In Botswana

(AFRICAN EXAMINER) – African Development Bank (AfDB) is currently supporting Botswana’s ambition to diversify its economy and accelerate its structural transformation towards sustainable and inclusive growth. This development is the main objective of the African Development Bank Group’s Country Strategy Paper 2022-2026 (CSP 2022-2026) for the Southern African country. Approved in March 2022 by the […]

AfDB To Support Africa’s Pavilion At COP15 In Côte d’Ivoire

(AFRICAN EXAMINER) – Ahead of the 15th session of the Conference of the Parties (COP15) of the United Nations Convention to Combat Desertification (UNCCD) holding from 9 to 20 May in Abidjan, Côte d’Ivoire, the African Development Bank (AfDB) has announced that it will support the Africa Pavilion during the event. The Pavilion will provide […]

Buhari Departs For Cote d’Ivoire To Attend COP-15 Conference

(AFRICAN EXAMINER) – President Muhammadu Buhari will on Sunday leave for Abidjan, Cote d’Ivoire, to attend the 15th session of the Conference of the Parties (COP15) of the United Nations Convention to Combat Desertification (UNCCD). The president’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu, confirmed this in a statement on Sunday in […]

UNDP Says COVID-19 May Plunge 100 Million Africans Into Deeper Energy Crisis

(AFRICAN EXAMINER) – The United Nations Development Programme (UNDP) has estimated that about 100 million Africans who were able to afford sustainable energy before the COVID-19 outbreak, will return to unsustainable resources. This was disclosed at a special UNDP Africa briefing on the consequences of the crisis in Ukraine for African economies on Friday in […]

UN Body Supports Northern Ethiopia With Additional $2m Grant

(AFRICAN EXAMINER) – Education Cannot Wait (ECW) the United Nations global fund for education in emergencies and protracted crises has announced the approval of additional $2 million grant for the Northern region of Ethiopia. The new grant brings the ECW ongoing Investments in Ethiopia to over $30 Million. It also builds on the impact of […]

WHO Confirms Death Of 3rd Ebola Patient In DR Congo

(AFRICAN EXAMINER) – World Health Organisation (WHO) on Friday, confirmed the death of third Ebola patient in northwest Democratic Republic of Congo (DRC), the latest fatality in an outbreak first reported in April. The first case was reported on April 23 and a total of three deaths have been confirmed so far. A 48-year-old man […]

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