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Zimbabwe's CBZ Holdings unveils new board of directors
Zimbabwe's largest financial institution, CBZ Holdings, has announced the appointment of a new Board of Directors to oversee the bank's transformation strategy.African Energy Chamber calls for end to oil prices war among OPEC
OPEC and OPEC+ are set to meet in Vienna on Thursday, April 9th, to try to reach a deal on ending the current oil prices war.AfDB announces new appointments
The African Development Bank Group has appointed Nourredine Lafhel as Acting Chief Risk Officer and Mrs. Nafissatou N’diaye Diouf Acting Director for Communications and External Relations.Total keeps pace of divestments with asset sales in Brunei, Sierra Leone and Liberia
In line with its strategy of actively managing its asset portfolio and its objective to divest 5 B$ on years 2019-2020, Total is pursuing the divestments of several non-core assets in both Exploration-Production in Brunei, Sierra Leone and Liberia.Global Petroleum to license pre-existing 3D seismic data offshore Namibia
Global Petroleum announces that it has come to an agreement to licence pre-existing 3D seismic data in its offshore Namibia Block, 2011A (PEL0094).[South Africa] Standard Bank Insurance clients to receive 25% cashback
The Standard Bank Insurance is implementing a 25% cash back relief on its car insurance premiums.IMF approves $109.4 million disbursement to address COVID-19 pandemic in Rwanda
The the International Monetary Fund (IMF) approved the disbursement of $109.4 million to be drawn under the Rapid Credit Facility (RCF) to meet Rwanda’s urgent balance of payment needs stemming from the outbreak of COVID-19 pandemic.AfDB approves Gender Equality Trust Fund, Risk-Sharing Mechanism to improve women’s economic empowerment in Africa
The African Development Bank (AfDB) approved a new Gender Equality Trust Fund (GETF) aimed at pushing forward gender equality and women’s empowerment across the continent.African Development Bank first social bond lists on London Stock Exchange
The African Development Bank’s “Fight Covid-19” social bond, the largest social bond to date to be issued in the capital markets, listed on London Stock Exchange and is now available through its Sustainable Bond Market.DRC to receive $47 million from World Bank to fight the Coronavirus pandemic
The World Bank Group approved $47 million in financing from the International Development Association (IDA) to fund the emergency response to the COVID-19 epidemic in the Democratic Republic of Congo (DRC).[Corona Stats] 6 April: Positive news from almost all severely affected countries
Encouraging news regarding the corona crisis is coming from almost all of the hard-hit countries. In Italy, at the height of the crisis, 15 days ago, 6557 new corona infections were registered, which was 4316 yesterdayWorld Bank approves $20 million for Senegal to fight COVID-19
The World Bank approved a $20 million credit from the International Development Association (IDA) to support Senegal in its response to the threat of the global COVID-19 pandemic.Sierra Leone to receive $7.5 million from World Bank for COVID-19 response
The World Bank approved a $7.5 million International Development Association (IDA) grant to help Sierra Leone respond to the threat posed by the coronavirus outbreak.[Nigeria] HUMBL and One Kiosk team up on Africa home delivery network
HUMBL® and One Kiosk® will be teaming up to pilot the HUMBL Mobile Pay, HUMBL Point-of-Sale (POS) and HUMBL Hubs® delivery network.Countries launch investment policies to counter COVID-19
UNCTAD's latest Investment Policy Monitor (IPM) shows that investment policy responses to the coronavirus pandemic vary from country to country.[Column] Shabir Ahmed: Mining sector to fast track automation amid Covid-19
Mining companies have been affected by COVID-19 outbreaks, and global restrictions to encourage social distancing have meant that mining projects have either slowed or been put on hold until further notice.Renewvia launches Renewvia Energy Africa, seeks to raise $350 million
US firm Renewvia launched Renewvia Energy Africa Holding and seeks to raise $350 million in five years.GIPC donates to Ghana health workers in Coronavirus fight
The Ghana Investment Promotion Centre (GIPC) in support of the country’s fight against the deadly COVID-19 Pandemic, has donated over 3,000 Personal Protective Equipment (PPEs) to the Healthcare sector.DFID selects McKinsey to help deliver 'Invest Africa' programme
The Department for International Development (DFID) has selected McKinsey& Company to help deliver its 'Invest Africa' programme.[Mauritius] AkzoNobel completes acquisition of Mauvilac
AkzoNobel has completed the acquisition of 100 per cent of the shares of Mauvilac Industries Limited, a paints and coatings company in Mauritius.PGS completes acquisition on Kwanza Shelf offshore Angola
Marine geophysical company PGS announced the completion of acquisition on its MC3D Kwanza Shelf survey offshore Angola.SAA to operate charter flights for governments, repatriate foreign nationals from South Africa
Following the national lockdown in South Africa, representatives of several governments have engaged with the joint BRPs of SAA to consider having the national carrier provide safe passage of their citizens to their home countries.EXIM approves $91.5 million in U.S. export financing for renewable energy rural electrification project in Senegal
The EXIM approved approximately $91.5 million in loan guarantee financing that supports U.S. exports of design engineering and construction services to the Republic of Senegal.The investment case for energy transition in Africa
Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy.Vital Capital launches emergency debt facility targeting African companies
Vital Capital, a pioneering impact investor focused on companies in sub-Saharan Africa, has announced a new debt facility providing loans to promising businesses to help them get through the coronavirus pandemic.
