AfDB’s first symposium on Climate Change calls for increased focus on resilience building

The African Development Bank hosted earlier this week a symposium to mark the bank’s Climate Change and Green Growth Day. The symposium, the first of its kind, was held under the theme: “Moving from emergency relief to building resilience.” It came in the wake of two devastating tropical cyclones, Idai and Kenneth, which ripped through […]

Maroc telecom acquires Chad’s largest telecoms operator

Maroc Telecom continues its regional expansion plan with the acquisition of Millicom’s subsidiary Tigo Chad, the leading telecoms operator in the Sub-Saharan country. The transaction will only be complete after receiving the green light of regulatory bodies in Chad. The Morocco-based group has subsidiaries in Benin, Burkina Faso, Côte d’Ivoire, Gabon, Mali, Mauritania, Niger, Togo […]

AfDB launches $1bn fund to boost access to climate finance for Africa’s youth

Almost $1 billion will be disbursed by the African Development Bank (AfDB) to young entrepreneurs to help tackle climate change on the continent, AfDB President Akinwumi Adesina announced, noting that failing to invest in the youth will hurt Africa. In an effort to combat climate change, the AfDB and the Global Centre on Adaptation (GCA) […]