Tuesday, August 3We Break the News

United Bank For Africa

Hamburg’s German African Energy Forum to jumpstart Africa’s Economic Transformation

Hamburg’s German African Energy Forum to jumpstart Africa’s Economic Transformation

AFRICA, African Union, Climate, EAST AFRICA, EUROPEAN UNION, United Bank For Africa
JOHANNESBURG, South Africa The African energy sector continues to solidify partnerships with German investors and technology with the aim of leading energy businesses from Germany, Europe and across the African continent. From upstream to downstream, Africa’s energy sector must accelerate its transition to net-zero, continue to adopt new technologies and start to embrace digitization and decentralization over the next decade. he 14th German African Energy Forum in Hamburg hosted by Afrika Verein continues this dialogue and pushes for investment with a clear focus on highlighting the entire African energy mix, together with economic cooperation between Germany and Africa. As stated by Afrika-Verein, "the economic impacts of the COVID-19 pandemic, climate change and the ongoing dig...
World’s GDP, GDP YoY, GDP QoQ, Interest rates, inflation rates, jobless rates, Gov. Budgets, Debt/GDP, Current Account and Population.

World’s GDP, GDP YoY, GDP QoQ, Interest rates, inflation rates, jobless rates, Gov. Budgets, Debt/GDP, Current Account and Population.

Afaghanstan, AFRICA, Angola, Argentina, Australia, Banking World, Business, Cameroon, Central African Republic, China, Denmark, Djibouti, DUBAI, EAST AFRICA, Egypt, Equatorial Guinea, ETHIOPIA, EUROPEAN UNION, Florida, Ghana, Guinea, Housing Finance Bank, INTERNATIONAL, Israel, Italy, Ivory Coast, KENYA, Lesotho, LIBYA, London, Nigeria, Peru, Rwanda, Somalia, South Africa, South Sudan, Sudan, Sweden, TANZANIA, UAE, UGANDA, UK, United Bank For Africa, USA, West Africa, Zambia, ZIMBABWE
CountryGDPGDP YoYGDP QoQInterest rateInflation rateJobless rateGov. BudgetDebt/GDPCurrent AccountPopulationUnited States21428-2.50%4.00%0.25%1.40%6.70%-4.60%106.90%-2.30329.13China143436.50%2.60%3.85%0.20%5.20%-2.80%52.60%1.001400.05Euro Area13336-4.30%12.50%0.00%-0.30%8.30%-0.60%77.60%2.30341.90Japan5082-5.80%5.30%-0.10%-1.20%2.90%-3.80%236.60%3.60126.01Germany3846-3.90%0.10%0.00%1.00%4.60%-4.80%59.80%7.1083.20India2875-7.50%21.90%4.00%4.59%6.50%-4.59%69.62%-0.901312.24United Kingdom2827-8.60%16.00%0.10%0.60%5.00%-1.80%80.70%-3.8066.65France2716-5.00%-1.30%0.00%0.00%9.00%-3.00%98.10%-0.7066.98Italy2001-5.00%15.90%0.00%-0.20%8.90%-1.60%134.80%3.0060.36Brazil1840-3.90%7.70%2.00%4.52%14.10%-5.90%75.79%-2.70210.15Canada1736-5.20%8.90%0.25%0.70%8.80%-1.50%88.60%-2.1037.78Russia1700-3.40%1.50%...
Standard Chartered Bank calls upon the general public to disregard recruitment posts / communications that don’t originate directly from them

Standard Chartered Bank calls upon the general public to disregard recruitment posts / communications that don’t originate directly from them

AFRICA, Banking World, EAST AFRICA, EUROPEAN UNION, Housing Finance Bank, HUMAN INTEREST STORIES, INTERNATIONAL, Standard Chartered Bank, UGANDA, United Bank For Africa
Kampala – 19 January 2021: Our attention has been drawn to another group of unscrupulous persons hiring for the post of “Data Entry” job openings at Standard Chartered Bank and requiring candidates to pay monies for Covid 19 tests which are apparently sent to the recruiting persons. While we intermittently advertise several employment and development opportunities within Standard Chartered as and when they fall vacant, the alleged placements are not one of them. We pride ourselves on being an equal opportunity employer with a robust recruitment and resourcing policy and approach. This is to therefore inform the general public that such employment communications that circulate on social media or through other forums or platforms, not owned or originating from Standard Chartered Bank’...
Equatorial Guinea Makes Advances on 100-Day Mining and Petroleum Milestones

Equatorial Guinea Makes Advances on 100-Day Mining and Petroleum Milestones

AFRICA, Equatorial Guinea, INTERNATIONAL, TECHNOLOGY, UGANDA, United Bank For Africa, WORLD
The two ongoing main projects in the country’s overarching plan to create a natural gas driven downstream mega hub at Punta Europa seem to be on track MALABO, Equatorial Guinea, December 23, 2020 The Ministry of Mines and Hydrocarbons shows progress in gas development and mining exploration. Published by Africa Oil & Power (https://AfricaOilandPower.com/) for the MMH. Drilling plans, natural gas downstream investments, cross-border negotiations and a complete revamp of the mining sector are a few of the initiatives Minister of Mines and Hydrocarbons H.E. Gabriel Mbaga Obiang Lima’s team have implemented in recent months. Tasked with helping the Central African oil producer to overcome the challenges of the COVID-19 pandemic and the 2020 slump in oil prices, th...
African Development Bank, partners, host online workshop on enhancing water security in the Greater Horn of Africa

African Development Bank, partners, host online workshop on enhancing water security in the Greater Horn of Africa

AFRICA, Banking World, Housing Finance Bank, INTERNATIONAL, Ivory Coast, Standard Chartered Bank, UGANDA, United Bank For Africa, World Bank
The virtual discussion, held on 15 December, was hosted by the Bank’s Water Development and Sanitation Department and the African Water Facility ABIDJAN, Ivory Coast, December 21, 2020 The African Development Bank (www.AfDB.org) and the Intergovernmental Authority on Development (IGAD) (https://bit.ly/3nDsT4E), a regional organization of Horn of Africa countries, held a webinar to discuss the pressures affecting water security in the Greater Horn of Africa and how the Bank can support regional member countries to better respond to growing water stress. The virtual discussion, held on 15 December, was hosted by the Bank’s Water Development and Sanitation Department and the African Water Facility. The event was underpinned by several studies indicating that pressures o...
African Development Bank appoints Director and Special Advisor For Multilateral Development Banks, International Financial Institutions and Non-Regional Shareholders Relations in the Office of the President

African Development Bank appoints Director and Special Advisor For Multilateral Development Banks, International Financial Institutions and Non-Regional Shareholders Relations in the Office of the President

AFRICA, Angola, Banking World, EAST AFRICA, Housing Finance Bank, INTERNATIONAL, UGANDA, Uganda Banker's association, United Bank For Africa, WORLD, World Bank
Gauthier, a Belgian citizen, is a seasoned professional in international negotiations and relations with various stakeholders ABIDJAN, Ivory Coast, December 16, 2020 The African Development Bank Group (www.AfDB.org) is pleased to announce the appointment of Mr. Gauthier Boulard as Director and Special Advisor in the Office of the President, effective 1 January 2021. In his new role, Gauthier will support President of the African Development Bank Group Akinwumi Adesina, to strengthen partnerships and engagements with multilateral development banks, international institutions and global initiatives to coordinate international financing for development. He will also support the President in outreach efforts to strengthen relations and engagements with non-regional m...
The African Development Bank Appoints Mr. Simon Mizrahi, Acting Director, Communication and External Relations (PCER)

The African Development Bank Appoints Mr. Simon Mizrahi, Acting Director, Communication and External Relations (PCER)

AFRICA, Banking World, EAST AFRICA, Housing Finance Bank, Ivory Coast, TECHNOLOGY, UGANDA, Uganda Banker's association, United Bank For Africa, West Africa, WORLD, World Bank
Simon is a British national who joined the Bank on the 10th of May 2009, as Head of Results Management Division ABIDJAN, Ivory Coast, December 17, 2020/ -- The African Development Bank (https://www.AfDB.org/) is pleased to announce the appointment of Mr. Simon MIZRAHI as Acting Director, Communication and External Relations Department (PCER), effective 16 December 2020. The African Development Bank Appoints Mr. Simon Mizrahi, Acting Director, Communication and External Relations (PCER) Simon is a British national who joined the Bank on the 10th of May 2009, as Head of Results Management Division. Before joining the African Development Bank, he worked for the Organisation for Economic Cooperation and Development (OECD), based in France, as Senior Policy Adviser, A...
The African Development Bank Appoints Ms. Aissa Touré, Country Manager, Rwanda

The African Development Bank Appoints Ms. Aissa Touré, Country Manager, Rwanda

AFRICA, Banking World, EAST AFRICA, INTERNATIONAL, TECHNOLOGY, UGANDA, Uganda Banker's association, United Bank For Africa, WORLD, World Bank
  The African Development Bank is pleased to announce the appointment of Ms. Aissa Touré as Country Manager for Rwanda ABIDJAN, Ivory Coast, December 17, 2020/ -- An economist and development expert, Aissa Touré, the Country Manager designated for Rwanda, a Senegalese national, brings to the Bank over 25 years of experience, working in three continents and 12 countries for 5 international organizations. The African Development Bank Appoints Ms. Aissa Touré, Country Manager, Rwanda Aissa’s work experience covers rural development, particularly agriculture, rural economics and climate adaptation and mitigation, among others. She brings a solid set of skills in strategic management, institutional representation and partnership management at country, regional and global l...
Africa must risk capital for its youth, Adesina urges

Africa must risk capital for its youth, Adesina urges

AFRICA, Banking World, INTERNATIONAL, TECHNOLOGY, Uganda Banker's association, United Bank For Africa, West Africa, WORLD
Adesina engaged in discussion which covered three areas: the current state of affairs with respect to COVID-19 and climate change, stimulus policies and recovery, and the role of the private sector in terms of recovery ABIDJAN, Ivory Coast, December 17, 2020 Africa must leverage investment to unleash the potential and ingenuity of its youth, its most important asset, African development Bank (www.AfDB.org) President Akinwumi Adesina said at a Conference of Montreal fireside chat event. The three-day virtual event was organized by the international economic forum of the Americas, under the theme, a sustainable recovery for people and planet. During the fireside chat, Adesina engaged in discussion with Inger Andersen, Under-Secretary-General of the United Nations...
Tony Elumelu joins President of the Republic of Estonia at the ‘EU Africa the Post Crisis Journey’

Tony Elumelu joins President of the Republic of Estonia at the ‘EU Africa the Post Crisis Journey’

AFRICA, Banking World, Business, EAST AFRICA, Estonia, INTERNATIONAL, POLITICS, UGANDA, United Bank For Africa, West Africa
– December 10, 2020 Founder of the Tony Elumelu Foundation, Tony Elumelu, recently joined the President of the Republic of Estonia, Kersti Kaijulaid, during an opening discussion at the online cross-continental hackathon, themed‘’EU Africa the Post Crisis Journey’. The conference sought to find innovative solutions to socio-economic problems that have been further escalated by the outburst of the COVID-19 pandemic and was organised by Estonia and the African Union, with the support of Finland, Ireland, Luxembourg, Poland and the European Investment Bank.  During the conference, Tony Elumelu spoke on the importance of bridging the digital divide made prominent by the COVID-19 pandemic. “The challenge in most developing countries is the issue of infrastructure: the digital ...
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