APO Press Releases
7 mins ago
Download logoThe EIB (https://www.EIB.org) is the first international financial institution to launch a just resilience approach to be applied from 2024 onwards; EIB is expanding its support for a just transition globally including through Just Energy Transition Partnerships and Team Europe initiatives in 9 pilot countries; the new approaches aim to support those most impacted by climate…
7 mins ago
Marriott International, Inc. (www.Marriott.com) today announced it has signed an agreement with Palm Hills Developments to open The Ritz-Carlton Cairo, Palm Hills, signaling a commitment to strengthening its portfolio of properties across the company’s luxury brands in Egypt. “We are thrilled to work with Palm Hills Developments to bring a new level of exceptional luxury…
7 mins ago
Investors from across industry, finance and government are convening to showcase Tanzania’s potential. Potential that is epitomised by a country now ranked third in sub-Saharan Africa for future investment, that is expected to see 6% GDP growth by 2025, and that has seen hundreds of millions, if not billions, of dollars of investment, targeted towards…
7 mins ago
Italy has made a new commitment of €5 million to Africa's sustainable energy future through the Sustainable Energy Fund for Africa (SEFA) (https://apo-opa.co/46J7nRR) Special Fund. The Italian Deputy Minister of Environment and Energy Security, Vannia Gava, announced the new contribution on Monday during a side event at the 2023 United Nations Climate Change Conference, COP28 (https://apo-opa.co/4a9nonc), in…
7 mins ago
“Writing never stops. This is the starting point. Take the lessons that you have learnt here and demonstrate to the world that not only can we produce our own data, but that we are capable of analysing it,” Afrobarometer surveys director Boniface Dulani told up-and-coming researchers at the closing ceremony of the Afrobarometer (https://www.Afrobarometer.org/) Pretoria summer…
7 mins ago
Ecobank (www.Ecobank.com), the leading pan-African Banking Group, is proud to announce that Ecobank Zimbabwe has won the ‘Global Award for Financial Inclusion’ in The Banker’s Awards 2023. In addition, Ecobank Benin, Ecobank Guinea, Ecobank Liberia, Ecobank Mali and Ecobank Togo were all named ‘Bank of the Year 2023’ in their respective countries. Jeremy Awori, Chief…
7 mins ago
Meeting in Abidjan on 5 December 2023, the Board of Directors of the African Development Bank Group (www.AfDB.org/en) approved a grant of $33.25 million to Mozambique to implement the Songo-Matambo electricity transport line project. The grant is from the Transition Support Facility, a financial instrument of the Bank specifically for states undergoing transition. The project…
7 mins ago
The Arab Coordination Group (ACG), a strategic alliance comprising regional and international development institutions, announced today at COP28) an allocation of US$10 billion until 2030. This funding is meant to drive a comprehensive and affordable transition to renewable energy in developing countries. The commitment is an integral part of a strategic plan encompassing seven key…
7 mins ago
Returning to Paris next May for its second edition, Invest in African Energy (IAE) 2024 (https://apo-opa.co/484aYL8) is an exclusive forum designed to foster collaboration between European investors and African energy markets. Organized by Energy Capital & Power (ECP) (https://EnergyCapitalPower.com/) with the support of the African Energy Chamber (AEC), the forum offers delegates two days of engagement with…
7 mins ago
Abu Dhabi Fund for Development (ADFD) hosted the meeting at the level of directors of operations of the member institutions of the Arab Coordination Group of national and regional development institutions, which coincided with the commencement of the United Nations Climate Change Conference, COP28, in the UAE. The objective of the meeting was to explore…
6 hours ago
Siemens Healthineers (www.Siemens-Healthineers.com), one of the world’s leading medical technology companies, announced the appointment of Vivek Kanade as the new Head for the company’s business/operations in the Middle East and Africa (MEA). The appointment, effective 4 December 2023, follows the company’s decision to unite its operations across the Middle East and the African continent with…
6 hours ago
By Quentyn Taylor, Director of Information Security, Canon Europe (www.Canon-CNA.com) It’s no longer enough to just print and sell a product. In the modern print landscape, businesses in Africa need to think about creative solutions to meet customers’ needs, while maintaining cyber hygiene with a 360 -degree approach. With Africa’s print industry projected to reach…
6 hours ago
EcoFlow (www.EcoFlow.com), a leading provider of sustainable energy and lifestyle solutions, is amping up lights for the festive season with a chance of saving up to R37,999 throughout December. As families gear up for the holidays, EcoFlow invites you to power your celebrations with these gift ideas below, highly recommended for those who love outdoor…
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57 mins ago
Russia's nuclear agency Rosatom on Tuesday unveiled a new type of reactor for the future Chukotka icebreaker, as part of Moscow's ambitions to develop a northern maritime route linking Asia and Europe. Moscow hopes the development of a northern sea route, made possible by global warming and the consequent melting of glaciers, will enable it…
57 mins ago
The National Bureau of Statistics, (NBS) has underscored the need for collaboration on data collection, analysis and effective dissemination to empower decision-makers at all levels of government. The Statistician-General of the Federation and Chief Executive Officer, NBS, Prince Adeyemi Adeniran, stated this in Ibadan on Tuesday at the opening of the 2nd Bi-Annual Meeting of…
1 hour ago
Former teammate of Victor Osimhen at Napoli, Lorenzo Insigne, has warned the Nigerian striker to think carefully before leaving the Serie A champions.
1 hour ago
Gov. Godwin Obaseki of Edo, on Tuesday, presented a budget of N325.3billion for 2024 to the state House of Assembly for approval. Presenting the budget christened ”Budget of Home Run and Finishing Strong”, Obaseki said it was made up of N178 billion capital expenditure and N146 billion recurrent expenditure. He said that the budget was…
1 hour ago
The mothers of two Israelis held hostage by Hamas since October 7 called Tuesday for international help to free them, with one saying 60 days in captivity was "too much". Heavy metal drummer Yotam Haim, 28, had been due to play at a festival in Tel Aviv on the day he was kidnapped from his…
1 hour ago
Julius Aghahowa, a former Super Eagles striker, says the team possesses the necessary talent and capacity to succeed at the upcoming Africa Cup of Nations (AFCON) tournament. Aghahowa said this in an interview with the News Agency of Nigeria (NAN) on Tuesday while reacting to the below-par performances of the Super Eagles and preparations for…
1 hour ago
Qatar's ruler hit out at "shameful" international inaction over the Israel-Hamas war in Gaza as he opened a Gulf Cooperation Council meeting in Doha on Tuesday. "It is shameful for the international community to allow this heinous crime to continue for nearly two months, during which the systematic and deliberate killing of innocent civilians continues,…
1 hour ago
Thousands of Italians paid their last respects Tuesday to Giulia Cecchettin, a university student killed by her ex-boyfriend in a case that has triggered nationwide grief and rage at violence against women. The funeral of the 22-year-old at a basilica in Padua, near Venice, attracted fellow students, public officials and ordinary Italians in a show…
1 hour ago
Zamfara Command of the Federal Road Safety Corps (FRSC) has deployed regular and special marshals across the major roads to ensure hitch-free Christmas festivities in the state. The special patrol also involved stationing of ambulances and other patrol vehicles at the flash points for rescue and emergency circumstances during the period. The Sector Commander Mr.…
2 hours ago
For nearly three decades, the chaotic, overcrowded Owino secondhand market in Uganda's capital has been the cornerstone of Hadija Nakimuli's life, helping the widowed shopkeeper build a house and raise 12 children. But a potential government ban on the sale of used clothing threatens to sever this crucial lifeline for Nakimuli and tens of thousands…