Ghana supports AfDB’s quest for more resources to accelerate continent’s transformation

GHANA – Ghana’s President Nana Akufo-Addo has backed calls for more resources for the African Development Bank Group to accelerate its transformative role across the continent. President Akufo-Addo has expressed strong support for a significant replenishment of the African Development Fund, the African Development Bank Group’s concessional financing arm. He noted that the work of the Fund has become even…

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Wärtsilä introduces decarbonization services business model to support net-zero CO2 emissions

AFRICA – The technology group Wärtsilä, has launched its decarbonization services strategy aimed at identifying solutions needed to decarbonize power systems and reducing CO2 emissions for clients in the mining and industrial sectors. The service utilizes Wärtsilä’s sophisticated power system modeling and optimization tools alongside in-house expertise to reduce power system emissions. It also ensures power availability with the lowest…

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Afreximbank appoints new Chief Executive Officer and Chief Investment Officer for FEDA

EGYPT – African Export-Import Bank (Afreximbank) has announced the appointment of Ms. Marlene Ngoyi as the Chief Executive Officer of the Fund for Export-Development in Africa (FEDA) and Mr. Emmanuel Assiak as Chief Investment Officer. Ms. Ngoyi, who hails from the Democratic Republic of Congo (DRC), has over 17 years of experience. In her new role, Ms. Ngoyi will continue…

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