Pfizer and BioNTech Announce Collaboration with Biovac to Manufacture and Distribute COVID-19 Vaccine Doses within Africa

Biovac will perform manufacturing and distribution activities within Pfizer’s and BioNTech’s global COVID-19 vaccine supply chain and manufacturing network, which will now span three continents and include more than 20 manufacturing facilities. To facilitate Biovac’s involvement in the process, technical transfer, on-site development and equipment installation activities will begin immediately. Pfizer and BioNTech expect that Biovac’s Cape Town facility will be incorporated into the vaccine supply chain by the end of 2021. Biovac will obtain drug substance from facilities in […]

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The Sustainable Energy Fund for Africa reports record number of transactions in 2020, secures $90 million in new funding

The Sustainable Energy Fund for Africa (SEFA) approved seven high-impact projects worth $54 million in 2020, its best year in spite of challenging Covid-19 conditions, according to its recently released 2020 Annual Report. SEFA, managed by the African Development Bank, focuses on green baseload, green mini-grid, and energy efficiency investments. The Fund, founded in 2011, transformed into a Special Fund on 31 October 2019. The report, titled Building Foundations for Success, also details the Fund’s success in attracting increased donor […]

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Africa’s potential in the blue economy highlighted in the World Water Congress

Thirty-eight countries in the African continent are bordered by the ocean or the sea, but for 70% of them, their maritime exclusive economic zones are largely under-exploited. The maritime zones under African jurisdiction cover some 13 Million km2 and some 6.5 km2 of continental shelf. In a video(link is external) broadcast on 1 June last during the Digital World Water Congress organized by the International Water Association (IWA), the President of the African Development Bank, Dr Akinwumi A. Adesina, extolled the […]

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Africa Oil Week is known for gathering vast numbers of African and international energy ministers

African Union Commission, AfCFTA and former heads of state from Nigeria and Malawi amongst first government leaders confirmed for Africa Oil Week 2021 Hyve Group Plc, organisers of Africa Oil Week (www.Africa-OilWeek.com) have released the first line-up of Ministers who will be attending the 2021 event due to take place in Dubai 8-11 November. The initial line-up consists of two former African Presidents, Commissioner for the African Union Commission, Secretary General for AfCFTA and Ministers from Ethiopia, Kenya, Sierra Leone, […]

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EU – Talent Partnerships

TALENT PARTNERSHIPS – EU Commission launches new initiative to address EU skills shortages and improve migration cooperation with partner countries Today, the Commission is launching Talent Partnerships, a key initiative under the New Pact on Migration and Asylum that will help to address skills shortages in the European Union and to strengthen mutually-beneficial partnerships on migration with third countries. Matching the skills of workers from countries outside the EU with the labour market needs inside the EU, Talent Partnerships should […]

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Invest Africa and DLA Piper partner to support ESG best practice in African renewable energy projects

The project will assemble experts from the worlds of impact investment, development finance and law The global law firm, DLA Piper, has partnered with Invest Africa (www.InvestAfrica.com), the leading trade and investment platform for African markets, to support the development of ESG best practice in African renewable energy projects. Clear Environmental, Social and Governance (ESG) targets and measurements have become an increasingly important part of fundraising as investors seek to align their portfolios with sustainable growth. For a continent boasting […]

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Orange leads solar panel deployment across Africa and the Middle East

To avoid using generators that run on fuel (fossil energy that emits CO2), Orange is putting in place several initiatives such as solar panels Orange (www.Orange.com) is accelerating its solar projects in Africa and the Middle East to reduce its carbon footprint to zero by 2040. Across the entire region, many sites are not connected to the electricity grid and when they are, the quality of the grid often requires alternative backup solutions. To avoid using generators that run on […]

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IMF / Sub−Saharan Africa Regional Economic Outlook

The sub-Saharan Africa region’s economic outlook will grow by 3.4 percent in 2021, up from 3.1 percent projected in October, and supported by improved exports and commodity prices, along with a recovery in both private consumption and investment. The IMF announced today (Thursday, April 15th) in a press briefing in Washington, DC. _____________________________________________________________________________________________________ “The region’s economy contracted by 1.9 percent in 2020, while this is somewhat less severe, about one percentage points less than we projected in October, you know, […]

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