Madagascar receives USD 2.13 million from African Risk Capacity Insurance Company Limited Policy for Drought Response

The payout will be implemented to assist the lives and livelihoods of 600,000 vulnerable population affected by the drought

The Government of Madagascar today received a symbolic cheque in the amount of USD 2,13 million from the African Risk Capacity Insurance Company Limited (ARC Ltd) to cover anticipated losses to livelihoods of its vulnerable population from the crop failure in the just concluded farming season. The ARC payout is…

African Union and Germany strengthen areas of Development Cooperation

The Government of the Federal Republic of Germany has pledged another EUR 55 Million in support of African Union (AU) programmes and joint strategic initiatives, concluding its bilateral negotiations with the African Union (AU) Commission. The focus of this year’s commitment is largely on agricultural development through enhancement of agricultural…

H.E. Deputy Chairperson meets China Delegation on Cyber Space

H. E. Mr. Erastus Mwencha, Deputy Chairperson, African Union Commission says the Commission will explore ways of collaboration to develop Cyber Strategies with a vision for a safe and trustworthy cyberspace, not only for the Commission, but as a model the rest of Africa can replicate. Speaking while he received…

Africa urged to show a unified sense of purpose by financing Agenda 2063 and the SDGs

H.E Mr. Erastus Mwencha, Deputy Chairperson of the African Union Commission is challenging African member States to demonstrate commitment in developing financing mechanisms towards the implementation of Agenda 2063 and the United Nations Agenda 2030; the Sustainable development Goals. Speaking during the “9th Joint Annual Meetings of the African Union…

Commissioner Maruping Addresses joint AUC/ACBF Press Briefing on the Impact of Drought, Floods and Declining Commodity Prices in Africa

H.E Dr. Anthony Mothae Maruping Commissioner for Economic Affairs of the African Union Commission (AUC) , together with Professor Emmanuel Nnadozie, Executive Secretary of the African Capacity Building Foundation (ACBF) and Mr. Mohamed Beavogui, UN Assistant Secretary General and Director of the African Risk Capacity , addressed the press on 3rd…

Nigeria Validates the African Union Report on Banking Services in Nigeria

The one-day workshop for the validation of the report on banking services and Continental Free Trade Area (CFTA) Consultation ended today in Abuja, Nigeria. The objective was to bring together various stakeholders in the Banking Services Sector to review the findings of the draft report and contribute to its finalization.…