The Africa Minerals Strategy Group (AMSG), has reiterated its commitment to setting new standards in the mining industry.
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“It is intended that this concessional finance window will be used to support climate finance transactions, in addition to other financing opportunities,” said Oramah, who was represented at the event by Afreximbank’s Director of Project and Asset-Based Finance, Helen Brume.
The African Development Bank’s (AfDB) African Development Institute (ADI), has inaugurated a programme, the African Debt Managers’ Initiative Network (ADMIN), to provide home-grown solutions to Africa’s debt challenges.
The AfDB said the Public Finance Management Academy for Africa (PFMA), organised the maiden edition of the PFMA Spotlight on Public Debt Management in Transition States.
The Board of Governors of the African Development Bank (AfDB) Group, has approved a capital increase of 117 billion dollars to further support Nigeria and other countries on the continent.
African Leaders have advocated for a reform of financial architecture that integrates climate change and public finance to liberate Africa.
Stakeholders have urged Heads of State and Government in Africa to scale up the provision of free school meals inspite of economic challenges.
One of the key areas where AI is poised to make a substantial impact is healthcare. With AI-powered diagnostics, predictive analytics, and telemedicine solutions, healthcare delivery in Africa is likely to become more accessible, efficient, and cost-effective. For instance, AI algorithms can analyze medical imaging data to detect diseases earlier than existing methods, leading to better treatment outcomes and reduced healthcare disparities.
World Food Programme (WFP) has warned that droughts and floods in southern Africa stemming from El Niño have left millions of people food insecure.
Ministers of Health, Finance and Trade, experts and development partners in Africa have adopted an approach that would advance healthcare access and industrialisation, and ensure economic and health security on the continent.