Cabo Verde: Governo concede Tolerância de Ponto no dia 4 de julho

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O Conselho de Ministros concedeu tolerância de ponto a todos os funcionários e agentes do Estado, dos Institutos Públicos e das Autarquias Locais, para o dia 4 de julho de 2025 (sexta-feira), véspera do 50.º Aniversário da Independência Nacional.

A decisão consta da Resolução n.º 53/2025, de 01 de julho, aprovada em Conselho de Ministros, e visa permitir uma maior participação dos trabalhadores nas celebrações oficiais e atividades organizadas por todo o país.

O Executivo justifica a medida com o simbolismo da data, que este ano coincide com um sábado, sublinhando a importância histórica, política e cultural da proclamação da independência, ocorrida a 5 de julho de 1975.

Não estão abrangidos pela presente tolerância de ponto os serviços essenciais, nomeadamente as Forças Armadas, Polícia Nacional, Polícia Judiciária, Estabelecimentos de Saúde, Agentes Prisionais, Guardas e Vigilantes, bem como os serviços em funcionamento contínuo, cuja presença seja indispensável.

A Resolução entra em vigor no dia seguinte ao da sua publicação.

Distribuído pelo Grupo APO para Governo de Cabo Verde.

SARS publishes revenue collection performance data

Source: South Africa News Agency

SARS publishes revenue collection performance data

The National Treasury and the South African Revenue Service (SARS) have published data on the cash collected from debt owed to SARS as indicated in the May 2025 Budget Overview.

The data will be published monthly going forward and builds on the annual reporting of these indicators in the SARS annual reports.
“The initial indicators to be published include that of the SARS debt book (receivables due to SARS) and that of the SARS credit book (payables due to taxpayers), as well as the cash collected from debt owed to SARS. Historical data by month will be provided according to key tax types.

“SARS will receive an additional allocation of R7.5 billion over the Medium-Term Expenditure Framework and part of this allocation will be used to increase debt collections by an additional R20 billion to R50 billion per year,” National Treasury said on Monday.

The published data includes the expected monthly profile of cash collected from debt to raise an additional R35 billion, as mentioned in the Budget Speech by the Minister of Finance on 21 May 2025.

“The publishing of this data will provide the public with greater insight into the revenue collection performance of SARS and will support improved fiscal planning and management,” National Treasury said. –SAnews.gov.za

 

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Une première bourse destinée aux étudiants arabes de L’université Tsinghua en Chine

  • Le programme de bourses Hazem Ben-Gacem destiné aux étudiants arabes financera chaque année, pendant cinq ans, jusqu’à 15 étudiants suivant un cursus de premier ou deuxième cycle à l’université Tsinghua en Chine.
  • Le programme de bourses est ouvert aux étudiants des pays de la Ligue arabe.
  • Cette bourse renforce les liens entre les États arabes et la Chine, en permettant aux étudiants d’accéder à l’une des universités les plus prestigieuses de Chine.

D’éminents ambassadeurs, dignitaires et responsables universitaires se sont réunis le jeudi 26 juin dernier, à l’université Tsinghua en Chine (www.Tsinghua.edu.cn) pour marquer le lancement officiel du programme de bourses Hazem Ben-Gacem destiné aux étudiants arabes, une initiative historique visant à faire bénéficier à des étudiants des pays de la Ligue arabe d’un enseignement mondialement reconnu, tout en cultivant l’excellence académique et la collaboration interculturelle.  

Cette année, le programme de bourses financera six étudiants originaires de pays membres de la Ligue arabe, qui suivent des cours de deuxième cycle dans cette université historique. Il s’agit de la première bourse d’études destinée spécifiquement aux étudiants des pays arabes à l’université Tsinghua. Elle a notamment pour objectif de renforcer les relations sino-arabes.

L’une des meilleures universités chinoises, l’université Tsinghua est réputée pour son excellence dans les domaines de la technologie et de l’ingénierie, souvent comparée au MIT. Fondée en 1911, elle compte 20 facultés et 90 programmes de premier cycle, ce qui lui permet de couvrir un large éventail de disciplines. Les diplômés de Tsinghua contribuent de manière significative au développement économique, culturel, scientifique et technologique de la Chine et au-delà. L’actuel président chinois, Xi Jingping, est lui-même issu de cette université.

« Depuis plus de mille ans, la région arabe et la Chine sont liées par des échanges dynamiques de biens, de connaissances et un dialogue culturel. En donnant à de brillants étudiants arabes la possibilité d’étudier à Tsinghua, fleuron de l’excellence académique en Chine, nous aspirons à développer des leaders qui perpétueront cet esprit de curiosité et de collaboration séculaire, faisant ainsi des relations arabo-chinoises un modèle de coopération dans un monde de plus en plus fragmenté. Le programme de bourses offre une excellente opportunité aux étudiants de premier cycle et de deuxième cycle de poursuivre leurs études dans une université de renommée mondiale », a précisé Hazem Ben-Gacem, fondateur et directeur général de BlueFive Capital.

« Le programme de bourses Hazem Ben-Gacem destiné aux étudiants arabes représente une étape importante dans l’engagement de Tsinghua de former des talents internationaux. En accueillant ces étudiants d’exception issus du monde arabe, nous enrichissons notre campus sur le plan intellectuel et culturel, et nous offrons également à ces étudiants une opportunité unique de tirer parti de l’environnement académique rigoureux de Tsinghua. Nous sommes profondément reconnaissants à M. Ben-Gacem pour cette collaboration visionnaire à l’origine de cette initiative, qui renforcera les liens entre nos peuples et favorisera nos progrès communs », a indiqué le Professeur Yang Bin, vice-chancelier du Conseil de l’université Tsinghua.

Le programme de bourses Hazem Ben-Gacem destiné aux étudiants arabes débutera cette année universitaire (2025-2026).

Distribué par APO Group pour Tsinghua University Education Foundation (TUEF).

Contact média :
Leila Ben Hassen 
leila@bluejaycommunication.com

A propos de Hazem Ben-Gacem :
Hazem Ben-Gacem est le fondateur et directeur général de BlueFive Capital. Jusqu’en septembre 2024, il était co-directeur général d’Investcorp, la plus grande société de capital-investissement non souveraine du Moyen-Orient, où il présidait la plupart des comités d’investissement en capital-investissement et en infrastructures et pilotait toutes les activités d’Investcorp au Moyen-Orient, en Asie du Sud-Est, au Japon et en Chine.

Auparavant, il a dirigé les activités européennes de capital-investissement ainsi que les activités mondiales d’investissement technologique d’Investcorp. Au cours de ses 30 années de carrière, il a directement supervisé plus de 40 opérations de capital-investissement dans la plupart des régions du monde. Hazem Ben-Gacem a débuté sa carrière à New York au sein de l’équipe en charge des fusions-acquisitions chez Credit Suisse First Boston.

Hazem Ben-Gacem a déjà financé différents programmes de bourses d’études à l’université Harvard, à la Harvard Medical School, à la Harvard Kennedy School et à l’université d’Oxford.

Il siège au conseil d’administration de la Harvard Kennedy School of Government et du St Anthony’s College de l’université d’Oxford, ainsi qu’au conseil du doyen de la Harvard Medical School. En 2017, il a fondé le bureau de Harvard en Tunisie, première présence officielle de Harvard dans le monde arabe.

Pour en savoir plus, consultez www.BlueFiveCapital.com

A propos de la Tsinghua University Education Foundation (TUEF) :
Fondée en 1994, il s’agit de la première fondation universitaire créée en Chine après la réforme et l’ouverture du pays. L’objectif de la TUEF est de favoriser le développement de l’éducation en Chine, d’améliorer la qualité de l’enseignement et de la recherche universitaire, de promouvoir la culture et la vision de l’université Tsinghua, et de solliciter le soutien philanthropique d’organisations et de particuliers nationaux et internationaux.

La TUEF mobilise activement des ressources sociales, optimise en permanence la gestion des projets et promeut sans relâche la préservation et la valorisation de la valeur afin que l’université Tsinghua puisse atteindre son objectif de devenir l’une des meilleures universités au monde. La TUEF tire pleinement parti des atouts scientifiques et technologiques de l’université Tsinghua, soutient des services d’intérêt public et favorise le progrès social et le bien-être humain à travers le développement de l’éducation.

Pour plus d’informations, rendez-vous sur www.Tsinghua.edu.cn

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First Arab scholarship launched to support students at Tsinghua University in China

  • The Hazem Ben-Gacem Arab Scholars Program will support up to 15 students every year for five years through Undergraduate and Postgraduate Programmes at Tsinghua University in China.
  • The Scholar’s Program is available to students from Arab League countries.
  • The scholarship strengthens ties between the Arab States and China, giving students access to one of the most prestigious universities in China.

Distinguished ambassadors, dignitaries, and academic leaders gathered on Thursday, 26th June, at Tsinghua University in China (www.Tsinghua.edu.cn) to mark the official launch of the Hazem Ben-Gacem Arab Scholars Program, a landmark initiative to empower students from Arab League countries through world-class education while fostering academic excellence and cross-cultural collaboration.  

This year, the Scholars Program will support six students from Arab League nations who are pursuing postgraduate courses at the historic university. This program is understood to be the first scholarship established at Tsinghua University specifically for students from Arab nations and aims to strengthen Sino-Arab relations.

Tsinghua University is a top-ranked Chinese university with a strong reputation in technology and engineering, often compared to MIT. Established in 1911, Tsinghua University has 20 colleges and 90 undergraduate programs, enabling it to offer a wide array of academic disciplines. Tsinghua alumni have made significant contributions to the economic, cultural, and technological development of China and also represent many of the nation’s political elite.

Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital, said: For more than a thousand years, the Arab region and China have been bound by a vibrant exchange of goods, knowledge, and cultural dialogue. By enabling exceptional Arab students to study at Tsinghua, China’s pinnacle of academic excellence, we aim to develop leaders who will carry forward this agelong spirit of curiosity and collaboration, ensuring that the Arab-China relationship evolves as a beacon of cooperation in an increasingly fragmented world.”

Professor Yang Bin, Vice Chancellor of Tsinghua University Council, expressed the university’s sincere gratitude for Mr. Hazem Ben-Gacem’s generous donation. He noted that in recent years, Tsinghua has implemented a series of strategic initiatives to enhance its global impact, with particular emphasis on deepening engagement and cooperation with Arab League member states, which has significantly advanced cultural exchanges between both sides. The newly established Hazem Ben-Gacem Arab Scholars Program, funded by Mr. Hazem Ben-Gacem’s donation, will support six incoming full-time master’s students from Arab League countries. Professor Yang emphasized that this initiative will not only motivate recipients to pursue academic excellence but also serve as an important milestone in strengthening the friendship between Tsinghua and the Arab world. It vividly embodies the shared values of openness, inclusiveness, mutual respect, and the pursuit of common progress across cultures and borders.

The Hazem Ben-Gacem Arab Scholars Program will begin this academic year (2025-2026).

Distributed by APO Group on behalf of Tsinghua University Education Foundation (TUEF).

Media contact:
Leila Ben Hassen
leila@Bluejaycommunication.com

Hashtags:
#Education #Scholarship #ArabScholarsProgram #Philantropy #TUEF

About Hazem Ben-Gacem:
Hazem Ben-Gacem is the Founder and Chief Executive of BlueFive Capital. Until September 2024, he was co-Chief Executive Officer at Investcorp, the Middle East’s largest non-sovereign private equity firm, chairing most of its private equity and infrastructure investment committees and overseeing all Investcorp’s activities in the Middle East, South East Asia, Japan, and China. Prior to that, Hazem led Investcorp’s European private equity and its global technology investment businesses. During his 30-year tenure, Hazem directly led over 40 private equity investments across most world regions. Hazem began his career in New York as a member of the M&A team at Credit Suisse First Boston.

Hazem has previously been a donor for different scholarship programs with Harvard University, Harvard Medical School, Harvard Kennedy School, and Oxford University.

Hazem serves on the Executive Boards of the Harvard Kennedy School of Government and St Anthony’s College at Oxford University, and the Dean’s Council of the Harvard Medical School. In 2017, he founded the Harvard Office in Tunisia, the first formal presence for Harvard in the Arab world.

For more information, please visit www.BlueFiveCapital.com

About Tsinghua University Education Foundation (TUEF):
Founded in 1994, it is the first university education foundation established in China following the reform and opening up of China. The objective of TUEF is to foster the development of education in China, improve educational quality and academic research, advocate the culture and vision of Tsinghua University, and strive for philanthropic support from domestic and international organizations and individuals.

TUEF actively raises social resources, constantly optimizes project management, and steadily promotes the preservation and appreciation of value in efforts to help Tsinghua University move towards the goal of becoming a globally leading university. TUEF fully leverages the advantages of scientific and technological talents in Tsinghua University, supports public welfare services, and boosts social progress and human welfare through the development of education.

For more information, please visit www.Tsinghua.edu.cn

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Select Committee on Social Services Commends Provincial Departments for Progress on Implementation of Health Patient Registration System (HPRS)


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The Select Committee on Social Services received briefings last week from the Eastern Cape, Free State and Western Cape provincial departments of health on their implementation of the Health Patient Registration System (HPRS) and action plans to address the findings of the Auditor-General for the 2023/24 financial year.

The Eastern Cape reported 98% progress in its implementation rate of the HPRS across its healthcare facilities in spite of the challenges the province faces particularly in rural areas where there is poor technological connectivity. The Eastern Cape MEC for Health who led the provincial health delegation, Ms Ntandokazi Capa said: “While we have made substantial progress, the reality is that our rural facilities struggle with connectivity, which affects service delivery.”

The committee expressed concern over the impact of connectivity issues on data integrity, with members asking, the strategies that are in place to ensure that the collected data is accurate, especially when facilities are unable to connect to the system.

The Free State provincial department of health reported a successful registration of 3.8 million patients on the provincial HPRS. The delegation highlighted areas in which there are challenges regarding the implementation of the HPRS. The areas included immovable asset register and financial governance.

The Western Cape provincial health department told the committee about their IT capabilities and integration of the HPRS with existing systems. The province has been sending daily updates from its Patient Master Index to the national system since June 2020.

The Acting Head of the Western Cape Provincial Department of Health, Dr Saadiq Karim told the committee that their IT infrastructure is among the most advanced in the country, allowing them to leverage data effectively for patient care. He highlighted the critical role of interoperability with national systems to ensure a seamless flow of information.

The Chairperson of the committee, Ms Desery Fienies, said the engagement with the provinces highlighted encouraging achievements and challenges faced by the provinces. She called for more improvements in the work that the provincial departments of health reported. She said: “The implementation of HPRS is a significant step forward, but we must address the existing challenges to realise its full potential.”

Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

Hlabisa extends deadline for submissions of Review of Local Government White Paper inputs

Source: South Africa News Agency

The Minister of Cooperative Governance and Traditional Affairs (CoGTA), Velenkosini Hlabisa, has announced an extension for submissions on the discussion document concerning the Review of the 1998 White Paper on Local Government (WPLG). 

The new deadline for submissions is now set for 31 July 2025, an extension from the original deadline of 30 June 2025.

“This decision follows heightened interest from stakeholders across the country and numerous requests for additional time to prepare and submit inputs. 

“The ministry recognises the importance of inclusive participation in shaping a responsive and effective system of local governance and thus welcomes the active engagement from all sectors of society,” CoGTA said in a statement. 

The department said the extension provides an opportunity for broader consultation and deeper reflection. 

“We encourage all interested individuals and organisations to take full advantage of the additional time to submit their views. 

“Your contributions are essential to strengthening the future of local government in South Africa.” 

In April, Hlabisa officially published a discussion document on the Review of the 1998 White Paper on Local Government. 

READ | Hlabisa to lead discussions with business on review of White Paper on Local Government

According to the department, the review aims to inspire fresh thinking, facilitate honest reflection, and promote decisive action toward establishing a local government system that effectively serves the people of South Africa.

Adopted in 1998, the White Paper served as a foundational blueprint for building democratic local governance in South Africa.

However, the department believes there is growing recognition that the current model is no longer adequate to meet the evolving developmental and service delivery needs of communities.

In addition, according to the department, persistent governance, financial, structural, and administrative challenges have undermined the ability of municipalities to deliver effectively on their mandates.

Submissions may be sent via email to: WPLG26@cogta.gov.za; RichardP@cogta.gov.za or MaphutiL@cogta.gov.za. 

Submissions may also be delivered by post to:

The Minister of Cooperative Governance and Traditional Affairs
Attention: Mr Thabiso Richard Plank (Project Manager: WPLG26 Policy Review), Private Bag X802, Pretoria, 0001

Or delivered by hand to: 

The Minister of Cooperative Governance and Traditional Affairs
Attention: Mr Thabiso Richard Plank (Project Manager: WPLG26 Policy Review)
87 Hamilton Street, Arcadia, Pretoria, 0001

For further information, please visit the official COGTA website:
https://www.cogta.gov.za/index.php/wplg-page/. – SAnews.gov.za

Petrol prices set to increase from Wednesday

Source: South Africa News Agency

The Department of Mineral and Petroleum Resources (DMPR) has announced that all grades of petrol, diesel, and illuminating paraffin are expected to increase from Wednesday, 2 July 2025, when the latest monthly price adjustments take effect.

The retail price for Liquefied Petroleum Gas (LPG) is expected to decrease across the country, except in the Western Cape.

The new fuel price adjustments are as follows: 

  • Petrol 93 (ULP & LRP): 55c increase.
  • Petrol 95 (ULP &LRP): 52c increase.
  • Diesel (0.05% sulphur): 82c increase.
  • Diesel (0.005% sulphur): 84c increase.
  • Illuminating Paraffin (wholesale): 67c increase.
  • Single Maximum National Retail Price for illuminating paraffin: 89c increase.
  • Maximum Retail Price of LPG: 57c decrease countrywide, excluding Western Cape where it’ll increase by R1.90 per kg.

The department attributed the increases to a number of factors, including the recent increase in Brent Crude oil prices.

“The average Brent Crude oil price increased from 63.95 US Dollars (USD) to 69.36 USD during the period under review. The main contributing factor is the recent geopolitical tension in the Middle East, between Israel and Iran, which raised fears of potential crude oil supply disruptions.

“The average international petroleum product prices followed the increasing trend of crude oil prices. This led to higher contributions to the Basic Fuel Prices of petrol, diesel and illuminating paraffin by 68.45 cents per litre (c/l), 100.48 c/l and 83.20 c/l respectively. The prices of Propane and Butane decreased slightly during the period under review,” the DMPR said.

Furthermore, a Supply Cost Recovery on Maximum Refinery Gate Price (MRGP) for LPGas that is imported through the Port of Saldanha Bay in the Western Cape province, has been approved.

“The Minister has approved a 14% increase in Supply Cost Recovery on the MRGP of LPGas that is imported through the Port of Saldanha Bay (Western Cape) as an interim measure, for a period of 24 months. 

“Accordingly, the interim MRGP in Western Cape will be R15.22 per metric ton (845.018 c/l), excluding VAT, for the period from the 2nd of July 2025 to the 5th of August 2025. Therefore, the Maximum Retail Price (MRP) of LPGas in Western Cape will be R36.08 effective from the 2nd of July 2025,” the department said. – SAnews.gov.za

South African National Taxi Council (SANTACO) Announced as Association Partner for Smarter Mobility Africa Summit 2025

The South African National Taxi Council (SANTACO) has been announced as an official Association Partner for the Smarter Mobility Africa (SMA) summit 2025, taking place from 30 September to 3 October 2025 at the Sandton Convention Centre in Johannesburg.

This strategic partnership positions SANTACO at the forefront of continental discussions on smarter mobility solutions, with a particular focus on advancing public transport and accelerating the transition to new energy vehicles (NEVs) across South Africa and the broader African continent.

As the largest mover of people in South Africa, the taxi industry plays a pivotal role in the country’s transport ecosystem. SANTACO’s participation in SMA 2025 underscores the organisation’s commitment to mobility leadership, industry transformation, and innovative transport solutions that serve millions of South Africans daily.

Leading the Conversation on Smarter Mobility

SANTACO President Motlhabane Abnar Tsebe will deliver a keynote address on 1 October 2025, representing the voice of the public transport sector and outlining the organisation’s vision for a cleaner, more efficient mobility future. President Tsebe will also participate in key roundtable discussions alongside government officials, NEV experts, and global mobility innovators.

Secretary General Daki Qumbu will join President Tsebe as part of SANTACO’s VIP delegation, engaging with stakeholders to build trust and cooperation between government, operators, and the private sector.

Driving Policy and Innovation

The partnership enables SANTACO to actively influence NEV policy frameworks and funding mechanisms, ensuring that the taxi industry’s unique needs and challenges are considered in South Africa’s transition to sustainable transport. This collaborative approach is essential for creating inclusive mobility solutions that work for all South Africans.

Speaking about the industry’s transformation potential, President Tsebe emphasised the importance of changing perceptions through action. “If we formalise, professionalise, and invest in our people,” he says, “then this industry can finally be seen for what it already is: the backbone of South Africa’s mobility system.”

“We are proud to welcome SANTACO as our Association Partner for SMA 2025,” said Olivia Modisakeng, Event Manager. “Their leadership in transforming public transport is essential to building an inclusive and sustainable mobility future for Africa.”

About the Partnership

SANTACO’s involvement in SMA 2025 demonstrates the organisation’s progressive stance on cleaner mobility and infrastructure development. The partnership creates opportunities for meaningful dialogue between industry leaders, policymakers, and technology innovators, fostering the collaborative relationships necessary to drive meaningful change in Africa’s transport sector.

The Smarter Mobility Africa summit 2025 brings together key stakeholders from across the continent to address the most pressing challenges and opportunities in mobility, with SANTACO’s participation ensuring that the voice of South Africa’s public transport sector remains central to these critical conversations.

Distributed by APO Group on behalf of Vuka Group.

Additional information:
Full article on SANTACO: https://apo-opa.co/4kdpje1
Official event page: https://apo-opa.co/44qTyrX

For more information about SANTACO’s participation in SMA 2025, please contact:
General Media Enquiries
mobilitymarketing@wearevuka.com

About SANTACO:
The South African National Taxi Council (SANTACO) is the leading representative body for the taxi industry in South Africa, serving millions of passengers daily and playing a crucial role in the country’s public transport system.

About Smarter Mobility Africa Summit 2025:
The Smarter Mobility Africa summit is the continent’s premier gathering for advancing public transport and transitioning to new energy vehicles (NEVs), bringing together government officials, industry leaders, and technology innovators to shape the future of African mobility.

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Empowering Women, Enhancing Lives: The Digital Shift in Liberia’s Agriculture


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“In the past, we used to keep our money in metal boxes. Now, with support from UN Women, the Central Bank of Liberia, and the Orange Foundation, we manage our money through Orange Money. This has made it easier for us to save, access credit, and grow our businesses,” shares Musu Nana, a Buy from Women Champion from Gbartala, Bong County.

In 2022, UN Women Liberia, in partnership with the Orange Foundation, launched the ‘Digital Inclusion for Women’s Economic Empowerment (D4WEE)’ project. The initiative partnered with the Central Bank of Liberia (CBL) and the National Disaster Management Agency (NDMA) to empower rural women farmers in Bong and Nimba Counties by linking them to the formal financial system and improving access to disaster risk reduction resources.

Since its launch, significant progress has been made. Through collaboration with CBL, 15 women-led Village Savings and Loan Associations (VSLAs) have been integrated into the formal financial system, benefiting 400 rural women farmers who now have mobile phones and formal bank accounts at the Liberian Bank for Development and Investment (LBDI). Plans are in progress to connect these accounts to their Orange Money mobile wallets, providing these women with the financial services they need to grow their businesses and improve their livelihoods.

The project also introduced a social protection scheme, enabling VSLA members to save, borrow, and invest using digital platforms, which has promoted financial security among rural women. As a result, women now have greater control over their finances and can make informed decisions for their economic well-being.

“We are pleased with this new way of handling our Village Savings and Loan Association group. Going digital with our savings and loans has made things simpler and safer for us. Now, we can keep an eye on our money and loans using our phones. It’s made everything clearer and smoother for us,” says Diana Davis, Community-based Facilitator at Liberia Rural Women Network Empowerment Incorporated.

In early August 2024, UN Women Liberia, in partnership with CBL and Orange Foundation Liberia, conducted a four-day Training of Trainers (TOT) workshop in Monrovia for 22 women-led farming cooperatives and agribusiness owners from Bong, Nimba, and Lofa Counties.

The training aimed to strengthen women’s capacities by providing digital literacy skills and access to employment opportunities. Participants were introduced to the Buy from Women platform and Orange Money services, helping them connect with broader markets and access financial resources.

“By enabling these women to become community-based facilitators, we’re enhancing their income-generating activities through both traditional and digital innovations,” explained Ms. Aisha Kolubah, National Program Officer for Women Economic Empowerment at UN Women Liberia.

The workshop covered digital marketing strategies, effective use of social media, and financial management using digital tools. Participants learned how to create engaging content, leverage platforms like Facebook and WhatsApp for business promotion, and streamline financial transactions through mobile banking.

Ms. Alana Pradhan, UN Women Liberia’s Knowledge Management Specialist, served as a facilitator, providing insights on leveraging social media for business growth. “Regular and strategic use of social media not only allows you to engage with a broader audience but also empowers you to position your products and services competitively in the market,” Ms. Pradhan emphasized.

The participants responded enthusiastically to the training, recognizing the potential for expanding their businesses and improving their livelihoods. The Liberia Rural Women Network for Employment expressed their excitement on social media:

“We are excited to learn how digital marketing can transform our businesses. This training has opened new avenues for growth and development. We now see the potential to reach larger markets and strengthen our financial independence through digital tools.”

The success of the TOT workshop and the broader initiative underscores the importance of digital and financial literacy in empowering rural women and fostering economic development. By equipping women with the necessary skills and tools, UN Women Liberia, alongside its partners, is paving the way for sustainable growth and gender equality in the agricultural sector.

Caption: UN Women and partners conducted TOT workshop at the Central Bank in Monrovia for 22 women-led farming agribusiness owners.

“This training has not only taught us how to use digital tools but has also connected us to bigger markets and financial services we never had access to before,” reflects Musu Nana. “We are now more confident and equipped to grow our businesses and support our families.”

As these empowered women return to their communities, they carry with them the knowledge and skills to train others, creating a ripple effect of empowerment and economic advancement across Liberia’s rural regions. The continued collaboration between UN Women, CBL, and Orange Foundation hopes to further expand these opportunities, ensuring that more women can harness the power of digital technology to transform their lives and communities.

Distributed by APO Group on behalf of UN Women – Africa.

Afreximbank completes upsizing of reserve-based lending facility for Oando to $375 million


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African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully completed upsizing its reserve-based lending facility in favour of Oando Oil Limited to US$375 million. The company’s pay down of the original US$525-million facility, secured in 2019, to US$100 million in 2024 created significant headroom for refinancing and enhancing Oando’s financial flexibility.

The upsizing, led by Afreximbank, with support from Mercuria Asia Resources PTE Limited (Mercuria), which marks a key milestone in Oando’s strategic capital management, will support Oando’s ambition to achieve production of 100,000 barrels of oil per day and 1.5 billion cubic feet of gas per day by the end of 2029, effectively boosting Nigeria’s oil output and reinforcing the country’s position in the global energy market. The upsizing is further expected to drive local economic growth by creating jobs, improving infrastructure, and fostering technological advancements in the oil and gas sector.

Commenting on the development, Wale Tinubu, Group Chief Executive, Oando PLC and Executive Chairman, Oando Energy Resources said:

“We are pleased to have completed the upsizing of our RBL facility, a strategic milestone that reinforces our commitment as Operator of the Oando-NEPL JV to maximizing the value of our expanded asset portfolio. Our Joint Venture holds extensive reserves with the potential to generate over $11 billion in net cash flows to Oando over the assets’ life. This working capital facility is a critical enabler towards efficiently extracting and monetizing these resources. We appreciate the continued partnership of Afreximbank and Mercuria, whose unwavering support underscores their alignment with our long-term focus on maximizing production, optimizing asset performance, and delivering sustainable value to all stakeholders”.

In his own comments, Mr. Haytham Elmaayergi, Executive Vice President, Global Trade Bank, Afreximbank, described the transaction as a critical step in advancing Afreximbank’s strategy for promoting local content in Africa’s oil and gas sector.

“Afreximbank remains a longstanding financial partner to Oando PLC and its affiliates and has consistently supported the company’s growth and expansion initiatives. We are delighted that Mercuria, one of the world’s largest independent energy and commodities groups and one of our partners, has brought its global expertise and financial backing to the transaction, further strengthening Oando’s ability to execute its production growth strategy.”

Distributed by APO Group on behalf of Afreximbank.

Media Contact:
Vincent Musumba
Communications and Events Manager (Media Relations)
Email: press@afreximbank.com

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About Afreximbank:
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt

For more information, visit: www.Afreximbank.com