Category: Africa

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African Social Security Association Partners Africa Finance Corporation (AFC) to Unlock $1.17tn in National Savings for Infrastructure

Source: APO – Report:

Launched under the Global Africa Business Initiative (GABI) during the UN General Assembly, the ‘Africa Saving for Growth’ programme brings together social security institutions from 15 countries, Morocco’s CDG Group, and the Africa Finance Corporation (AFC) (www.AfricaFC.org) to build a policy reform roadmap, expand Africa’s capital-pools dataset, and increase allocation to infrastructure and private sector-led projects in Africa.

Africa Finance Corporation (AFC) and Africa Social Security Association (ASSA) today launched a collaborative continent-wide initiative to mobilise African institutional savings into long-term infrastructure, building on AFC’s 2025 analysis identifying at least $1.17 trillion in institutional assets across Africa.

The ‘Africa Saving for Growth’ programme was introduced today under the auspices of the Global Africa Business Initiative (GABI), part of the UN Global Compact. It prioritises specific deliverables that international investors and policymakers can act on:

  • Open capital-pools database: Maintain and regularly update the most comprehensive, market-accessible dataset on African institutional savings, including pension funds, insurance, social security institutions, public development banks and sovereign wealth funds.
  • Policy reform roadmap: Practical recommendations—prudential guidelines, risk-sharing mechanisms, and intermediation vehicles—that enable pension and social-security funds to invest in infrastructure while preserving asset-liability matching.
  • Savings mobilisation playbook: Country-level strategies to increase formal participation and reduce the drag from large informal economies.
  • Allocation diversification models: Pathways to shift portfolios away from short-term, low-yield instruments that concentrate public-sector exposure and crowd out private enterprise.
  • High impact projects that can catalyse social and economic development in African countries by connecting people, countries, boost productivity and improve quality of life of the people in Africa and ensure Pension Funds sustainability.

The research and advocacy initiative is delivered with leading long-term savings institutions, including the Africa Social Security Association (ASSA)—bringing together national social security funds from 15 countries with more than $54 billion in pension assets—and CDG Group (Morocco), one of the continent’s most influential stewards of long-duration capital.

“Africa-led investment is the most effective way to quickly achieve the scale of transformation we need while catalysing international support for the continent’s infrastructure”, said Samaila Zubairu, President & CEO of AFC. “This initiative is about Africans coming together to put our own capital to work for Africa’s growth. By joining forces, our pension funds and financial institutions can unlock new opportunities, drive development, and demonstrate the power of collective action to build the continent’s future – without compromising fiduciary duties.”

AFC’s 2025 findings show that pension and social-security portfolios across many markets are under-leveraged for development, concentrated in short-tenor instruments that limit returns and private-sector financing. The Africa Saving for Growth programme will surface replicable lessons from successful national models and chart a pragmatic route to risk-managed, long-duration allocations.

“This alliance is a pivotal step for Africa’s long-term savings community—bringing together pension, social security, and other institutional investors,” said Meshach Bandawe, Secretary General of the Africa Social Security Association (ASSA). “This initiative reflects the ambition of the African Union’s Agenda 2063: building a prosperous and inclusive Africa, underpinned by vibrant domestic and regional financial markets, connected by modern infrastructure and powered by shared growth.”

“African pension funds and institutional investors face the challenge of harnessing domestic savings and transforming them into a true driver of economic and social development, particularly through infrastructure financing. We work closely with sister organizations across Africa to align efforts, share expertise, and unlock the full potential of long-term capital in the service of responsible development,” said Khalid Safir, Director General, Caisse de Dépôt et de Gestion (CDG).

– on behalf of Africa Finance Corporation (AFC).

Media Enquiries:
Yewande Thorpe
Communications
Africa Finance Corporation
Mobile +234 1 279 9654
Email: yewande.thorpe@africafc.org

About AFC:
Africa Finance Corporation (AFC) was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC’s approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth.

Eighteen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 45 member countries and has invested over US$15 billion in 36 African countries since its inception.

www.AfricaFC.org

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La Société islamique d’assurance des investissements et des crédits à l’exportation (SIACE) s’associe à Takaful Libya pour renforcer l’assurance-crédit à l’exportation conforme à la Charia en Libye

Source: Africa Press Organisation – French

La Société islamique d’assurance des investissements et des crédits à l’exportation (SIACE) (http://ICIEC.IsDB.org), assureur multilatéral conforme à la Charia et membre du Groupe de la Banque islamique de développement (BID), a annoncé la signature d’un accord de réassurance facultative avec Takaful Libya lors de la Journée du Groupe de la BID en Libye, prévue le 23 septembre 2025. Cet accord renforce la capacité de Takaful Libya à souscrire des risques de crédit à l’exportation conformes à la Charia, soutenant ainsi la croissance des exportateurs libyens et contribuant à la reprise économique du pays.

En vertu de cet accord, la SIACE fournira une réassurance facultative à certaines transactions d’exportation assurées par Takaful Libya. Cela permettra à Takaful Libya d’étendre sa couverture aux entreprises exportatrices et aux banques impliquées dans le commerce international, renforçant ainsi leur résilience face aux risques de non-paiement et facilitant leur accès à de nouveaux marchés.

« Cet accord reflète le mandat de la SIACE visant à réduire les risques commerciaux dans nos États membres en donnant plus de pouvoir aux partenaires locaux », a déclaré le Dr Khalid Khalafalla, directeur général de la SIACE. « En apportant à Takaful Libya une capacité de réassurance et un savoir-faire en matière de crédit à l’exportation, nous aiderons les exportateurs libyens à sécuriser leurs créances, à renforcer leur compétitivité sur les marchés internationaux et à contribuer à la relance des échanges commerciaux nationaux, en phase avec le développement du commerce extérieur libyen. », a-t-il ajouté.

« Il ne fait aucun doute que les services fournis par la SIACE sont d’une importance capitale pour le développement économique des pays membres. L’une des missions principales de la Société est de renforcer et d’encourager les exportations en proposant une couverture d’assurance essentielle qui permet aux entreprises de se développer au-delà des frontières. Pour la Libye, cet accord représente plus qu’un simple arrangement financier : il s’agit d’une nouvelle opportunité, d’une plateforme pour stimuler et promouvoir nos exportations, et d’un tremplin vers une croissance économique plus forte. Nous sommes convaincus que ce partenariat constituera un pilier solide pour soutenir le développement de la Libye, et nous nous réjouissons de voir d’autres initiatives de ce type à l’avenir, des initiatives qui non seulement protègent notre économie, mais la stimulent activement. Nous sommes convaincus que ce partenariat sera un pilier essentiel du développement de la Libye et nous espérons voir émerger d’autres initiatives de ce type, qui non seulement protègent notre économie, mais la font progresser », a déclaré M. Bashir Ali Khallat, directeur général de Takaful Insurance Company.

Ce partenariat ouvre également la voie à une collaboration technique dans des domaines clés tels que la souscription, l’évaluation des risques de crédit, le renforcement des capacités et la gestion des sinistres. Le soutien de la SIACE permettra à Takaful Libya de renforcer ses offres aux entreprises et aux institutions financières tout en renforçant les exigences prudentielles. La signature de cet accord lors de la Journée du Groupe de la BID souligne l’engagement du Groupe à établir des partenariats qui dynamisent le commerce et créent des opportunités au sein des États membres. La SIACE et Takaful Libya commenceront immédiatement à mettre en œuvre l’accord, en mettant l’accent sur les secteurs d’exportation à fort impact alignés sur les priorités nationales de la Libye.

Distribué par APO Group pour Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

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À propos de la SIACE :
Membre de la Banque islamique de développement (BID), notée « AAA », la SIACE a démarré ses activités en 1994 afin de renforcer les relations économiques entre les États membres de l’OCI et de promouvoir le commerce ainsi que les investissements intra-OCI en fournissant des outils d’atténuation des risques et des solutions financières. La Société est le seul assureur multilatéral islamique au monde. Elle a joué un rôle de premier plan en proposant une gamme complète de solutions aux entreprises et parties prenantes de ses 50 États membres. Pour la 17ᵉ année consécutive, la SIACE a conservé sa note de solidité financière « Aa3 » attribuée par Moody’s, la classant parmi les leaders du secteur de l’assurance-crédit et des risques politiques (CPRI). Par ailleurs, S&P a confirmé la note de crédit et de solidité financière à long terme « AA- » de la SIACE pour la deuxième année consécutive, avec des perspectives stables. La résilience de la SIACE repose sur une souscription solide, un réseau mondial de réassurance et des politiques rigoureuses de gestion des risques. Au total, la SIACE a assuré plus de 121 milliards de dollars de transactions commerciales et d’investissements. Ses activités couvrent plusieurs secteurs : l’énergie, l’industrie manufacturière, les infrastructures, la santé et l’agriculture.

Pour plus d’informations, veuillez visiter : http://ICIEC.IsDB.org     

À propos de Takaful Insurance Company :
Takaful Insurance Company a été créée en 2007 avec un capital initial de dix millions de dinars libyens. En 2023, ce capital a été porté à quinze millions de dinars libyens, grâce aux contributions d’hommes d’affaires et d’investisseurs. En 2012, la société a été entièrement transformée selon le modèle d’assurance Takaful, devenant ainsi la première compagnie d’assurance Takaful en Libye. Elle opère en strict respect des principes de la charia islamique, offrant tous types de couvertures d’assurance conformes à ces principes. La société dispose d’un département dédié au contrôle de la conformité à la charia.

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Ministro do Mar faz abertura de novos cursos na Escola do Mar e destaca papel estratégico do capital humano

Source: Africa Press Organisation – Portuguese –

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O Ministro do Mar, Eng.º Jorge Santos, presidiu na tarde de ontem (22), segunda-feira, no Mindelo, à abertura de quatro novos cursos promovidos pela Escola do Mar (EMar), destacando a importância do capital humano para o desenvolvimento sustentável da Economia Azul e de todas as áreas conexas.

O ato decorreu no auditório do TechPark, na presença de cerca de uma centena de formandos oriundos de São Vicente, Santo Antão, São Nicolau e Santiago, além de dirigentes do setor marítimo e formadores da EMar.

Na sua intervenção, o Ministro realçou que o capital humano é a base para o progresso das atividades relacionadas com a Economia Azul, setor que, segundo frisou, abrange áreas tão diversas como as pescas, a investigação científica, a oceanografia, a proteção dos ecossistemas marinhos e a marinha mercante – esta última considerada estratégica para o país.

Jorge Santos apelou aos formandos para que aproveitem ao máximo a oportunidade de capacitação oferecida pela EMar, uma instituição reconhecida pela sua qualidade e certificada segundo as normas ISO, o que lhe confere reconhecimento internacional. “Vão sair daqui profissionais”, afirmou o Ministro, sublinhando que, nos últimos três anos, a Escola do Mar já formou mais de 3.200 pessoas em todo o país.

Os cursos agora iniciados incluem dois de Motorista, um de Marinheiro da Marinha Mercante e um de Assistente Eletrotécnico Naval. Entre os cem formandos, seis são mulheres, sendo que duas estão inscritas no curso de Marinheiro, três no de Motorista e uma no de Assistente Eletrotécnico Naval. O Ministro louvou a participação feminina, incentivando a uma crescente presença das mulheres nas profissões marítimas.

Distribuído pelo Grupo APO para Governo de Cabo Verde.

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Diploma in International Trade Launched for Trade Promotion Officials in East Africa

Source: APO – Report:

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Approximately 20 participants drawn from various East African Community (EAC) countries are set to take part in the inaugural cohort of the Diploma in International Trade for Trade Promotion Organisations (TPOs) in the region.

The International Trade Centre (ITC), in collaboration with the Chartered Institute of Export and International Trade (CIOE&IT) recently launched the Diploma in International Trade for TPOs with the EAC with support from the European Union (EU) through the EU-EAC Market Access Upgrade Programme (MARKUP II).

This flagship programme, running under MARKUP II from 2023 to 2027, is designed to strengthen the capacity of TPOs across the EAC to better serve micro, small and medium-sized enterprises (MSMEs) and unlock new opportunities for sustainable intra-African and EU-Africa trade.

The course will provide cutting-edge knowledge and tools to enhance export competitiveness, boost employment, and ultimately improve livelihoods across the region.

Miyoba Lubemba, Senior Programme Officer at the International Trade Centre underlined the importance of this milestone: “Trade is one of the most powerful drivers of inclusive growth and opportunity. By investing in the skills of trade promotion professionals across the East African Community, we are directly strengthening the backbone of MSMEs who fuel our economies. This diploma is more than a learning journey — it is a catalyst for transformation, jobs, and a more connected, competitive Africa.”

The Diploma in International Trade represents a bold step towards building stronger institutions that can guide businesses to compete effectively in regional and global markets. By equipping TPOs with the right expertise, the programme contributes directly to the EAC’s economic growth agenda and supports the vision of deeper regional integration and sustainable trade partnerships.

The launch marks not only an educational milestone, but also a strategic investment in the future of trade one where African businesses thrive, markets expand, and prosperity is shared more widely across the region.

About the SME Trade Academy 

The SME Trade Academy is the online learning platform of the International Trade Centre. It offers over 100 online courses on trade and trade-related topics. Currently, the e-learning platform has recorded over 600,000 individual enrolments in its courses and issued over 90,000 certificates of completion. 

The courses are designed for entrepreneurs, business-support organizations, government agencies, students, and trade professionals looking to expand their knowledge.

– on behalf of International Trade Centre.

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President El-Sisi Receives President of Republic of Rwanda

Source: APO – Report:

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Today, President Abdel Fattah El-Sisi receives at Al-Ittihadiya Palace the President of the Republic of Rwanda, Paul Kagame, who is paying an official visit to the Arab Republic of Egypt.

The visit comes within the framework of the two countries’ efforts to strengthen bilateral relations and open new prospects for cooperation in various fields of mutual interest.

– on behalf of Presidency of the Arab Republic of Egypt.

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President El-Sisi Receives Rwandan President Paul Kagame

Source: APO – Report:

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Today, President Abdel Fattah El-Sisi received at Ittihadiya Palace the President of the Republic of Rwanda, Paul Kagame.

The Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, stated that an official reception ceremony was held upon the arrival of the Rwandan President, where the national anthems of Egypt and Rwanda were played. This was followed by a closed meeting between the two presidents that later expanded to include delegations from both countries.

President El-Sisi began the meeting by welcoming President Kagame, and praised the strong historical relations between Egypt and Rwanda. The President emphasized the importance of continuing to strengthen bilateral cooperation in various fields, particularly in the economic, trade, and medical sectors, and focusing on maximizing joint investment opportunities, particularly in medicine, medical supplies, food products, and construction.

President El-Sisi expressed Egypt’s keenness to continue supporting Rwanda in achieving its developmental aspirations and Egypt’s readiness to advance cooperation in capacity building, which will contribute to the success of Rwanda’s Vision 2050.

President Kagame valued the existing cooperation between the two countries and the mutual benefit it brings to both peoples. He affirmed Rwanda’s keenness to expand this fruitful cooperation with Egypt.

The meeting touched on a number of regional and international issues. The two presidents discussed the latest developments in the Great Lakes region. President El-Sisi renewed Egypt’s stance of supporting security and stability in the region and confronting the challenges that hinder development and prosperity. Both sides also discussed developments in the Horn of Africa and ways to promote peace and security in the region. Both presidents exchanged views on how to boost integration among the Nile Basin countries and agreed to continue consultation and coordination to face common challenges and achieve sustainable development for all basin countries. This is while emphasizing respect for international law in the management of transboundary rivers.

In this regard, President El-Sisi stressed that the issue of water is an existential matter for Egypt, particularly in light of the severe water scarcity it faces. The President reaffirmed that Egypt will not accept any infringement on its water rights and that cooperation in the Nile Basin region requires prioritizing a spirit of cooperation and understanding to achieve common interest.

Talks reviewed cooperation within the African Union. The two presidents agreed to continue coordination and the exchange views on issues of mutual interest.

President Kagame praised President El-Sisi’s efforts in leading the post-conflict reconstruction and development file. President El-Sisi expressed his appreciation for the Rwandan President’s contributions to advancing the institutional reform agenda within the Union.

Regarding the Palestinian issue, the two presidents discussed the developments following the two-state solution conference in New York and the increasing number of countries that have recognized the State of Palestine.

President El-Sisi updated the Rwandan president on Egypt’s endeavors to stop the Israeli war on the Gaza Strip and to intensify the delivery of humanitarian aid.

President El-Sisi also reiterated Egypt’s categorical rejection of any attempts to displace the Palestinian people from their land. The President confirmed that the establishment of an independent Palestinian state along the June 4, 1967 borders with East Jerusalem as its capital is the only path to achieve lasting peace and stability in the region.

After the talks, the two presidents witnessed the signing of a number of memoranda of understanding in the fields of water resources management, exchange of land allocation for logistical, economic, and trade purposes, housing, and the promotion and protection of investment. The two presidents also held a joint press conference to review the outcome of their talks.

– on behalf of Presidency of the Arab Republic of Egypt.

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Kenya, World Health Organization (WHO) Partner on Strengthening Medicines Regulation Ahead of Critical Global Assessment

Source: APO – Report:

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The Principal Secretary for Public Health and Professional Standards, Ms. Mary Muthoni, today hosted a delegation from the World Health Organization (WHO) led by The Acting WHO Representative in Kenya, Dr. Adiele Onyeze. 

Discussions focused on Kenya’s progress in strengthening its national medicines regulatory system and preparations for the upcoming WHO onsite evidence verification mission. This mission will allow WHO experts to assess, the measures taken by Pharmacy and Poisons Board (PPB) to enhance inspections, pharmacovigilance, digital systems, and inter-agency collaboration which are key steps towards achieving international recognition.

This mission marks a critical step towards Kenya attaining Maturity Level 3 which is a global standard that recognizes a regulator as stable, well-functioning and capable of ensuring medicines are consistently safe, effective and of good quality.

The PS outlined ongoing measures to equip PPB with technical resources, capacity building, and inter-agency support to enhance its effectiveness as the national regulator.

The meeting was also attended by, PPB board chair, Dr. John Munyu, CEO, Dr. Fred Siyoi and other senior ministry officials.

– on behalf of Ministry of Health, Kenya.

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Berberati : La United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA) forme les agents pénitentiaires aux règles Nelson Mandela

Source: Africa Press Organisation – French


Organisée à Berberati, dans la préfecture de la Sangha-Mbaere, grâce au soutien technique et financier de la MINUSCA, la formation a permis aux bénéficiaires de suivre six mois d’enseignement sur les règles Nelson Mandela.

Lors de la cérémonie marquant la fin de la formation, une vingtaine d’agents et de surveillants pénitentiaires ont reçu leur certificat.

L’un des récipiendaires, Sanze, a exprimé sa gratitude envers la MINUSCA après avoir reçu son diplôme : « Les moments que nous avons passés à la maison en instance d’intégration, je crois que nous avons perdu certaines connaissances. Mais grâce à la formation de six mois sur les règles Nelson Mandela, en ce qui concerne l’outil technique d’intervention rapide, je crois que nous sommes aujourd’hui bien outillés et mieux préparés à accomplir nos missions dans les maisons d’arrêt ».

Présent à la cérémonie, le procureur de la République près le tribunal de grande instance de Berberati s’est dit satisfait de cette activité, qu’il juge essentielle pour l’humanisation des prisons et la promotion des droits des détenus : « Nous osons croire que la formation reçue marque une rupture avec les pratiques anciennes, contraires aux règles éthiques et déontologiques de la profession. À partir des jours à venir, la maison d’arrêt et de correction de Berberati sera très humanisée ».

Landry Femtchou, en poste au bureau de la MINUSCA à Berberati, a réaffirmé l’engagement de la Mission à soutenir la professionnalisation du personnel pénitentiaire de la région. « En tant que partenaire, nous avons à cœur d’accompagner les efforts de professionnalisation du personnel pénitentiaire, car nous croyons fermement que la sécurité, la justice et le respect des droits humains ne sont pas des idéaux abstraits, mais des engagements concrets qui se construisent sur le terrain, jour après jour », a-t-il déclaré.

Distribué par APO Group pour United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA).

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Apresentação Pública das Propostas de Lei sobre o Estatuto dos Eleitos Municipais e a Tutela Administrativa das Autarquias Locais

Source: Africa Press Organisation – Portuguese –

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Enquadrado no reforço da estratégia da descentralização, da modernização administrativa a nível do município, e do empoderamento do poder local, bem como da prestação de contas e da accountability, o Ministério da Coesão Territorial, em parceria com a Associação Nacional dos Municípios Cabo-verdianos, realizou nesta segunda-feira, 22 de setembro de 2025, a Apresentação Pública das Propostas de Lei sobre o Estatuto dos Eleitos Municipais e a Tutela Administrativa das Autarquias Locais.

De acordo com a Ministra de Estado e da Coesão Territorial, Janine Lélis o que se quer é que haja um estatuto que prestigie e dignifica os eleitos municipais, assim como que haja um quadro legal em caso houver problemas e falhas naquilo que é a execução no cumprimento da legalidade o Governo possa também atuar.

Janine Lélis, reforça ainda que são instrumentos fundamentais para o reforço da democracia local, mas também para o ordenamento jurídico cabo-verdiano no sentido de uma maior democraticidade e abrangência.

O Regime dos Eleitos municipais como defende a Ministra da Coesão Territorial, “traz inovações no sentido de especificar qual deve ser a incidência dos eleitos municipais em pedir a dispensa do serviço, assim como fica clarificado a questão do subsídio de reintegração que deve ser pago . no final do mandato.

Há ainda clarificação em direito a férias, renuncia de mandatos e suspensão, da questão do acesso a lugares públicos condicionados, bem como, onde se aplica o regime de incompatibilidade.

Já no domínio da tutela administrativa, Janine Lélis esclarece que é o poder que a Constituição dá ao Governo para fazer o controle da legalidade da ação municipal, que deve ser feito através de mecanismos previstos na Lei, que são as inspeções, inquéritos, averiguações e as sanções.

Por sua vez o Presidente da ANMCV, Fábio Vieira avançou que vê com bons olhos as duas iniciativas legislativas, que vão contribuir para dignificar a função dos eleitos locais a nível de Cabo Verde, com especial enfoque para a função de Presidente de Câmara, bem como fazer emergir um quadro jurídico legal que garante as melhores condições para o relacionamento entre o Governo e os Municípios.

Distribuído pelo Grupo APO para Governo de Cabo Verde.

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Cabo Verde e Marrocos reforçam cooperação no setor dos transportes e da logística

Source: Africa Press Organisation – Portuguese –

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O Ministro do Turismo e Transportes, José Luís Sá Nogueira, realizou esta segunda-feira, 22 de setembro, em Rabat, uma reunião de trabalho com o Ministro dos Transportes e da Logística do Reino de Marrocos, Abdessamad Kayouh.

O encontro enquadrou-se no reforço das excelentes relações de amizade e cooperação que unem Cabo Verde e Marrocos, sublinhando a dimensão africana e a vontade comum de aprofundar e alargar a parceria estratégica entre os dois países, particularmente nos domínios do transporte e da logística.

Durante a reunião, foi destacada a importância da conectividade aérea na promoção da economia, do turismo e do investimento. Cabo Verde saudou a dinâmica positiva registada nas ligações aéreas entre os dois países, com a Royal Air Maroc a operar voos diretos entre Casablanca e Praia (5 vezes por semana) e, mais recentemente, entre Casablanca e Sal (2 vezes por semana). Estas rotas fortalecem o turismo, o comércio e o transporte de carga, criando novas oportunidades de negócios e facilitando a mobilidade entre os dois Estados.

As delegações analisaram igualmente novas perspectivas de cooperação, nomeadamente no setor da logística, reconhecido como essencial para dinamizar os fluxos comerciais e atrair investimento para Cabo Verde.

No final da reunião, Cabo Verde e Marrocos manifestaram a intenção de intensificar o intercâmbio de experiências e boas práticas, reforçando ainda a cooperação na área da formação de pilotos e controladores aéreos cabo-verdianos, que poderão beneficiar de programas especializados em Marrocos.

Distribuído pelo Grupo APO para Governo de Cabo Verde.