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Korean International Cooperation Agency (KOICA) and Global Green Growth Institute (GGGI) sign a partnership agreement

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KOICA

KOICA is going to promote sustainable development through strengthening the capacity to manage societal, political, economic, and environmental risks

OUAGADOUGOU, Burkina Faso, March 14, 2023/APO Group/ — 

The Korean International Cooperation Agency (KOICA) and the Global Green Growth Institute (GGGI) (www.GGGI.org) signed a financing agreement on 9th March 2023 in Ouagadougou, to jointly strengthen the resilience and sustainable development of the Kaya-Dori axis in the Centre-Nord region of Burkina Faso.

According to the Korean government’s the Humanitarian-Development-Peace Nexus Implementation Strategy to contribute to international efforts to address the root causes of fragility, KOICA is going to promote sustainable development through strengthening the capacity to manage societal, political, economic, and environmental risks.

The project will last for three years with a budget of 3 million US dollars, or about 2 billion XOF. It will be implemented by GGGI in collaboration with the Government of Burkina Faso, the Technical Alliance for Development Assistance (ATAD) and Action for the Promotion of Local Initiatives (APIL).

It will offer solutions for sustainable livelihoods of 750 direct beneficiary households, and reach more than 18,750 indirect beneficiaries, 60% of whom are women

The project will address issues relating to environmental preservation, access to water, food security, the promotion of women, income-generating activities, sustainable agriculture, and natural resource management. It will complement existing initiatives that support the government in managing the internal displacement crisis resulting from terrorism in the Sahel. However, it goes beyond humanitarian support to build community resilience and sustainable development focused on local green growth strategies.

For the Minister of Environment, Water and Sanitation (MEEA), this project will contribute to its objectives to increase the recovery and sustainable management of degraded agricultural land, greening of local development plans, promotion of solar pumping systems for agricultural production, access to environmentally friendly cooking systems, and the creation of nutritious community gardens.

GGGI will capitalize the project results to design a replicable intervention model for promoting green growth in situations of conflict and fragility.

According to the Governor of the Center-North Region, Colonel Major Zoewendmanego Blaise Ouédraogo: “This project will bring relief to the population of the region by providing considerable support to internally displaced persons (IDPs). It will offer solutions for sustainable livelihoods of 750 direct beneficiary households, and reach more than 18,750 indirect beneficiaries, 60% of whom are women.”

The Country Director of the KOICA office in Côte d’Ivoire covering several African countries, Mr. Dong-wan Woo, stressed the importance for KOICA to strengthen and boost cooperation between Korea and Burkina Faso. He said: “Strengthening resilience and consolidating peace on the Kaya-Dori axis through this project demonstrates that Korea is a friendly country concerned about the future of Burkina Faso’s population.”

Over the past five years, GGGI and KOICA have delivered several joint projects around the world. They include the promotion of renewable energy in Fiji, Vanuatu, Solomon Islands and Papua New Guinea; wastewater and solid waste treatment in the Lao People’s Democratic Republic; the management of the Aral Sea ecological crisis faced by the Republic of Karakalpakstan; the promotion of climate-smart agriculture in Nepal, the Strengthening of Solid Waste and Faecal Sludge Management Capacity for the Greater Kampala Metropolitan Area in Uganda and a project in Ethiopia called climate resilient forest and landscape restoration.

Distributed by APO Group on behalf of GGGI Burkina Faso Country office.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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