African Loans

New funding to address acute food insecurity and the Desert Locust crisis

WASHINGTON, June 8, 2021– South Sudan will benefit from two new projects totaling $ 116 million that aim to build the capacity of farmers, improve agricultural production and restore livelihoods and food security. South Sudan faces increasing levels of food insecurity despite increased production, with exceptionally high food prices limiting …

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Climate change is a threat to transport systems in Africa: what to do

Worst disruption to Tanzania’s multimodal transport networks could lead to losses of up to $ 1.4 million per day Transport infrastructure, such as roads and rail systems, is one of the sectors most threatened by climate change. Extreme weather events, such as flooding, sea level rise and storm surges, repeatedly …

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Bank worker involved in Rand 1.5million loan scam

A former employee of Capitec Bank is one of three people implicated in a loan scam to Graaf Reinet, to the tune of R 1.5 million. One of them, Heinrich Presensie, 36, was sentenced by the commercial crime court in Gqeberha on Wednesday, June 9, 2021, after pleading guilty to …

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What Africa Check found in the White Spiritual Boy Trust rabbit hole

By researcher Naledi Mashishi Africa Check does not hesitate to verify the absurd. We have investigated allegations that dead sirens were found in the swimming pool of a South African president. And did a Prophet really dare a lion to fight in Kruger National Park? But I didn’t expect my …

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Having trouble getting a home loan?

It was recently reported that 80.7 percent of ooba home loan applicants secured financing in the first quarter of 2021. Fifteen percent of applicants were turned down due to lack of affordability and lack of bad credit rating. Of those rejected homeowners, 44% were turned down by their own bank. …

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Climate change and the future of development finance in Africa

For three days last week, from June 1 to 3, 2021, the African Development Bank (ADB) and the Association of African Development Finance Institutions (AADFI) hosted a webinar aimed at enlightening stakeholders on the challenges and opportunities facing development finance in Africa. Some of the issues discussed include foreign direct …

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Poor countries urge G-7 members to share more Covid-19 vaccines

Public health officials and leaders in developing countries should pressure the Group of Seven countries to pledge large Covid-19 vaccine donations and billions in funding during a summit later this week, saying the developing world needs more help to emerge from the worst of the pandemic. High vaccination rates are …

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The Natan Fund helps new entrepreneurs achieve their dreams

“We have helped hundreds of new small businesses to open in Israel since the start of the coronavirus pandemic,” said Dorit Simonovich Lahav Tsur, manager of the Natan Fund. “Instead of giving fish to the poor, we give them fishing rods so that they can support themselves. “ The Natan …

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EXCLUSIVE In boost for Africa, Senegal aims to take COVID snapshots next year

Senegal could start producing COVID-19 vaccines next year as part of a deal with Belgian biotech group Univercells to boost drug-manufacturing ambitions in Africa, a source involved in the process told Reuters. project funding. As rich countries begin to reopen after securing vaccine supplies early, African countries are still struggling …

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African All Stars Transfer News & Rumors: Chelsea open for Ziyech sale

Goal brings you all the latest news, rumors and offers related to African stars around the world Chelsea open for sale from Ziyech Premier League side Chelsea are set to sell Hakim Ziyech this summer, according to Calciomercato. The Morocco international has struggled to win with the Champions League winners …

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