Indian Register of Shipping (IRS), a leading international classification society, is proud to announce the successful delivery of the Double Hull Oil Tanker ‘MT ELGON’ on 16th August 2024. The vessel,…
Africa
Corporate partners join Transaid to see life-saving work in Zambia A group of 12 Transaid corporate partners have returned from a self-funded visit to Zambia, where they had the unique…
Stena Line has entered an agreement to acquire 49 percent of the shares in Morocco based ferry company Africa Morocco Link (AML). AML is headquartered in Tangier operating a ferry…
Unleashing Africa’s investment potential By Udaibir Das Africa stands on the precipice of a financial renaissance, poised to redefine its influence in the global investment sphere. The continent’s quest for…
Africa’s bold bargain with global finance By Udaibir Das As the world grapples with crises – ranging from climate upheaval to geopolitical tensions – Africa stands at a crossroads of…
Europe needs comprehensive industrial policy to withstand populist forces By Geoffrey Yu Despite all the economic and geopolitical uncertainties facing the world, it is often bread-and-butter issues such as jobs…
Bank of England’s digital pound faces up to lack of trust in public institutions By Lewis McLellan The public’s trust in institutions plumbs new lows each year. Conspiracy theories that…
Global Maritime Trends 2050 is a new report that analyses different future scenarios for shipping. The report authored by Economist Impact, and commissioned by Lloyd’s Register and Lloyd’s Register Foundation,…
BII, Shell Foundation, and SunCulture pilot innovative carbon financing to accelerate access to solar irrigation systems for Kenyan farmers
● British International Investment and Shell Foundation approve $2.6m carbon credit pilot investment to scale supply of solar irrigation in Kenya. ● Investment will allow SunCulture to provide a 25-40 per cent…
Maritime: Much awaited game changer for the African business community simplifies lengthy procedures, bolsters the economy, and encourages regional integration
CAIRO, Egypt, November 13, 2023/ — Overview Trade in Africa has become a popular talking point; with infrastructural, innovation and technical challenges dogging the process, impacting economic growth, thwarting intra-country business,…
African maritime cadets all set for full virtual conference experience from Sailors’ Society
Future seafarers from across Africa are the latest maritime cadets preparing to take part in Sailors’ Society’s 2023 global wellness and mental health events designed exclusively for Gen Z mariners. With those…
Unlocking Africa’s population potential By Akinwumi Adesina Fertility rates worldwide are approaching replacement levels and are projected to decrease after 2050. But the headlines on Africa read differently and the…
Xi Jinping’s historical view of economics hampering China’s growth By Meghnad Desai While the rest of the world experiences the sting of stagflation, the Chinese economy seems to witness a…
The BDI (The Baltic Dry Index) ended down eight points since yesterday and now reads 1,129; on a weekly basis same was down seven points since last week’s 1,136… The…
Maritime – Ghana: African Development Bank approves $23.04 million for modern Floating Dock Facility
The Board also authorized the syndication, on a “best efforts basis”, of additional financing of up to $11 million ABIDJAN, Ivory Coast, June 21, 2023/ — The Board of Directors…
Africa’s abundance of solar, wind and thermal energy across the continent can place Africa at the core of the global decarbonization of maritime transport, the IMO conference on Low-Carbon Shipping…
Africa Global Logistics Chief Executive Officer (CEO) to Deliver Keynote Address on Local Content, Logistics at Invest in African Energy Paris Forum
As CEO of Africa Global Logistics, formerly Bolloré, Eric Melet will deliver a keynote address on topics such as investing in logistics, local content and sustainable oil and gas JOHANNESBURG,…
By Dr Juliette Tuakli In order for “Health for All” to become a reality, access to safe, timely, and affordable surgery and ongoing surgical education must become a priority in…
London, 30 January 2023 – British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has announced the appointment of Chris Chijiutomi as MD, Head of Africa. Moving…
China performs economic U-turn to boost growth By Herbert Poenisch After President Xi Jinping resecured his power at the 20th congress of the Communist Party of China, the country has…
Public sector bond market outlook 2023 Thursday 26 January, Launch This launch event presents the key findings of the first annual global sovereign, supranational and agency issuer survey from OMFIF’s…
21 November, Nairobi, Kenya – Affordable satellite communication technology is elevating access to in-demand skills and the latest learning resources for young girls in the Kajiado Central Constituency in Kenya. Less…
Financial markets will keep betting against the euro, African sovereigns should prepare for green bond opportunities, and more
Financial markets will keep betting against the euro By Lorenzo Codogno What’s wrong with the euro? Again and again, we end up discussing its instability and the relentless attempts by…
People power is a vital factor in expediting port calls efficiently in Africa, according to Inchcape Shipping Services’ Area General Manager Adrian Richter. “Our greatest asset is our people with…
British International Investment to invest up to $200 million in African hydropower alongside Norfund and Scatec
The UK’s DFI is entering into the Norwegian DFI’s Joint Venture with Scatec, a leading renewable energy solutions provider, to invest in hydropower projects across Africa in huge boost to continent’s…