Integrity in Development Projects: The African Development Bank debars Burmeister & Wain for fraudulent and corrupt practices
Pursuant to a settlement agreement, the African Development Bank Group on 8 June 2020, announces the debarment of Burmeister & Wain Scandinavian Contractor, for a period of 21 months, for engaging in sanctionable practices in a power generation project financed by the Bank in Mauritius.
Protéger la planète pour construire un meilleur monde post-Covid-19
Le monde entier célèbre aujourd’hui 5 juin, la Journée mondiale de l’environnement comme c’est le cas depuis 1974. Cette année encore, la Côte d’ivoire organise la quinzaine de l’environnement pour marquer l’événement.
Placée sous le thème de la biodiversité, la Journée mondiale de l’environnement 2020 met l’accent sur la nécessité de restaurer la nature pour inverser la tendance en matière de perte de biodiversité et maintenir des écosystèmes sains et productifs, essentiels au développement durable et au bien-être humain.
African Development Bank approves new five-year strategy for Nigeria
The Board of Directors of the African Development Bank has approved Nigeria’s Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the 2013-2019 edition, and incorporates emerging developmental realities and opportunities shaping Nigeria’s political and economic landscape, including in the post-COVID-19 period.
The approval was made on 27 May 2020.
Lawyering in Crisis: African countries among innovation leaders in the fight against COVID-19 pandemic
African innovators have shown creativity and ingenuity in finding solutions to fight the COVID-19 pandemic, but face legal barriers to safeguarding their intellectual property.
There have been 192 innovations directed at COVID-19 from Nigeria alone, as well as more than 90 from South Africa, it was revealed during a webinar hosted by Harvard Law School’s Center on the Legal Profession, and digital platform Africa.com.
African equity capital markets activity see downward turn, but increase in domestic investors - Making Finance Work for Africa partnership and PricewaterhouseCoopers (PwC) Nigeria
Data presented from the PricewaterhouseCoopers (PwC) Nigeria 2019 African Capital Market Watch, which reviewed the performance of Africa’s capital markets between 2010 and the first quarter of 2020, shows that African equity capital markets activity have seen a downward trajectory over the past three years as major economies on the continent are faced with fiscal challenges due to growing debt levels and slow economic growth.