Connect with us

Business

Tanzanian President meets African Development Bank to advance post-Dakar 2 Africa Food Summit agricultural transformation

Published

on

Africa Food Summit

President Hassan thanked the Bank for organizing the Dakar 2 summit, calling the institution a “dependable partner” for assisting Tanzania with its development goals in agriculture and other sectors

DODOMA, Tanzania, July 11, 2023/APO Group/ — 

Tanzania’s President Samia Suluhu Hassan held talks with an African Development Bank (www.AfDB.org) delegation led by vice president Beth Dunford to boost the East African country’s agricultural production and food security.

The meetings, held on 27 June, covered various development issues, including the Bank’s recognition of Tanzania’s progress in developing its agriculture sector following January’s Dakar 2 Africa Food Summit (https://apo-opa.info/44jEwmK).

President Hassan was one of many Heads of State and Government who chaired or commissioned Presidential boardrooms during the summit to discuss country food and agriculture delivery compacts centered on African solutions to boost the continent’s food systems.

Since the Summit, Tanzania has tripled its budget for agriculture and was the first country to set up a Presidential Delivery Council to oversee the implementation of its Compact. The Council will approve and advise on establishing an enabling environment to deliver on work plans across commodity value chains. 

President Hassan thanked the Bank for organizing the Dakar 2 summit, calling the institution a “dependable partner” for assisting Tanzania with its development goals in agriculture and other sectors.

Tanzania’s Food and Agriculture Delivery Compact, like other Dakar 2 country compacts, is rooted in agriculture and cuts across many sectors

Tanzania’s Food and Agriculture Delivery Compact, like other Dakar 2 country compacts, is rooted in agriculture and cuts across many sectors. These include improving national, regional and international trade; affirming the “bankability” of women who work or own most of Africa’s small and medium agriculture enterprises who face barriers to financing; and, creating decent jobs for youth across Africa’s agricultural value chain.

President Hassan and the Bank agreed to increase collaboration with other development partners to ensure a holistic and integrated approach to the full realization of the Tanzania Food and Agriculture Delivery Compact.

Dunford, vice president for Agriculture, Human and Social Development, commended President Hassan’s “dynamic leadership” and commitment to Tanzania’s agricultural transformation. She said her advancing outcomes of the Dakar 2 Africa Food Summit are delivering impactful results for the people of Tanzania.

Tanzania’s Ministers of Agriculture, Finance, and Livestock and Fisheries participated in the discussions, which also touched on the Bank’s financing of a national initiative to attract more youth into agribusiness. Known as ‘Tanzania’s Building A Better Tomorrow: Youth Initiative for Agribusiness (https://apo-opa.info/3O7KeT3),’ it focuses on empowering youth in the agriculture sector, providing them with skills, including technologies for sustainable and improved livelihoods.

“The Bank will provide young people with climate-smart technology packages for improved production of wheat, horticulture and for oilseed. We will also provide them with access to finance and markets,” said the Bank’s Director for Agriculture and Agro-Industry, Martin Fregene.

The Bank plans to develop a Special Agro-Industrial Processing Zone in Tanzania’s southern highlands next year. Special Agro-Industrial Processing Zones, a Bank flagship initiative, creates economic zones in rural areas to provide one-stop agricultural infrastructure – by concentrating commercial farm production systems, utilities, transport, processing and other services. The zones also build capacity to scale up marketable food products for local and global markets.

Click here (https://apo-opa.info/43l2Bbz) to learn more about Tanzania’s Food and Agriculture Delivery Compact.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Events

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

Published

on

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.

Continue Reading

Business

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

Published

on

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.

 

Continue Reading

Business

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

Published

on

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).

Continue Reading

Trending

Exit mobile version