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African Development Bank Grants $100 Million Loan to Emerging Africa and Asia Infrastructure Fund
EAAIF aims to invest more than $850 million in infrastructure across Africa and Asia by 2027.
- Region
- Sub-Saharan Africa
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Africa Needs Jobs — the Agri-Food Industry Can Provide Them: How the Sector Can Boost its Impact on Employment Across the Continent
Sub-Saharan Africa’s working-age population is projected to increase by more than 20 million per year until 2050. Yet according to Loïc De Cannière at Incofin Investment Management, the region created "only" 9 million jobs per year on average during the first two decades of this century. He argues that if job growth can't keep pace with this growing demographic, unemployment will likely lead to more poverty, societal unrest and migratory pressures. The solution, he explains, is to support the industries with the biggest potential for job creation, starting with the agri-food sector.
- Categories
- Agriculture, Investing
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Viewpoint: Modernizing Ports Is a Major Untapped Opportunity for a Healthier Planet
"With progress on the water facing a fresh reckoning that calls for new collective efforts, now is the time to bolster efforts on the shore, where ports are largely an untapped resource in the fight against climate change."
- Categories
- Environment
- Region
- Global
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Press Release: IFAD Pledges to Transform the Lives of at Least 70 Million Small-Scale Food Producers, as Part of the World Bank’s AgriConnect Initiative
AgriConnect is a new World Bank Group initiative designed to create jobs in agribusiness, transform the livelihoods of millions of smallholder farmers globally and strengthen global food security.
- Categories
- Agriculture, Investing
- Region
- Global
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Press Release: Partnership Aims to Advance Clean Energy Innovation in Asia Pacific
Through this initiative, the University of Michigan and WDI will work collaboratively with ADB on a wide range of projects across the Asian region, including in clean energy and e-mobility, climate and health, water, food security, and biodiversity.
- Categories
- Energy, Technology, Transportation
- Region
- Asia Pacific
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AgDevCo Expands Its Portfolio in Zambia With a New Investment in the Poultry Sector
AgDevCo says its "investments leverage private capital into socially responsible farming and agri-processing businesses in Africa, with benefits for smallholder farmers and local communities."
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Africa Exports to The U.S. Under Pressure As AGOA Trade Benefits Expire
The African Growth and Opportunity Act (AGOA), which had granted duty-free access to thousands of goods from 32 sub-Saharan African countries for 25 years, expired at midnight on September 30 after U.S. lawmakers failed to agree on an extension.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Swedfund Invests $15 Million in Excelsior Capital Vietnam Fund II to Boost SME Growth
The fund said in a statement that Excelsior II provides growth capital to mid-sized companies and will contribute to job creation in sectors like retail, manufacturing, healthcare, education and tech.
- Categories
- Investing
- Region
- South Asia
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