Africa Finance Corporation Launches US$2bn Facility to Support Economic Recovery & Resilience in Africa

Africa Finance Corporation Launches USbn Facility to Support Economic Recovery & Resilience in Africa

ABUJA, Nigeria–(BUSINESS WIRE/AETOSWire)– In response to economic challenges created by the global pandemic and the Russia-Ukraine conflict, Africa Finance Corporation (AFC) is launching a US$2billion facility to support recovery and resilience in Africa. AFC has committed to funding up to 50% of the new African Economic Resilience Facility and mobilising the remainder through the Corporation’s network of international partners and investors. The facility will be announced at the AFC Live Infrastructure Solutions Summit today. The facility will be disbursed through loans from AFC to selected commercial banks, regional development banks and central…

Africa Finance Corporation: Three steps for Africa to combat climate change

Africa Finance Corporation Launches USbn Facility to Support Economic Recovery & Resilience in Africa

LAGOS, Nigeria–(BUSINESS WIRE/AETOSWire)– With hopes for countering global warming pinned on progress at the upcoming COP27 UN Climate Change Conference in Egypt, a new report from the Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, sets out the continent’s stance by balancing the need for emissions reduction with critical development imperatives. The report, Roadmap to Africa’s COP: A Pragmatic Path to Net Zero, is set within a context where Africa has borne the brunt of the most devastating impacts of climate change, while contributing little to global emissions. This low…

Quick and Easy Cooling With the LG Retrofit Air Solution

Quick and Easy Cooling With the LG Retrofit Air Solution

Dubai, United Arab Emirates (AETOSWire): With the UAE summer approaching and temperatures rising, the intense heat will require a big enough airflow and strong enough air conditioner to keep homes nice and cool. Many old air conditioners provide poor cooling with high maintenance costs and a history of breakdowns. In addition, the high energy cost, and the time it takes for the air conditioning to cool a space can make the summer unenjoyable and uneventful for anyone. Therefore, understanding the importance of a suitable air conditioner which ensures a homeowner’s…

RD&X Network Launches ReBid – World’s 1st Unified Marketing & Advertising AI Automation Platform for Marketers & Agencies

RD&X Network Launches ReBid – World’s 1st Unified Marketing & Advertising AI Automation Platform for Marketers & Agencies

DUBAI, United Arab Emirates–(BUSINESS WIRE/AETOSWire)– ReBid is the world’s 1st Unified Marketing and Advertising AI Automation platform which is ready for the cookieless world and uses proprietary AI based algorithms that leverages MadTech (MarTech + AdTech) to simplify digital marketing. ReBid has unified workflows, data harmonization and real-time automated reporting. This translates into an immediate saving of 40% on resources and leads to incremental Returns on Ad spends (ROAS) by over 30%.   ReBid’s multiple partner integrations across ads, marketing, data management and more provide an unprecedented reach of 98% of global…

Sheikh Saud bin Mohammed Al Qasimi appointed CEO of Real Estate Sector at Sharjah Asset Management

Sheikh Saud bin Mohammed Al Qasimi appointed CEO of Real Estate Sector at Sharjah Asset Management

Sharjah, United Arab Emirates: Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, has announced the appointment of Sheikh Saud bin Mohammed Al Qasimi as CEO of the real estate sector in the company that overlooks vital assets such as Souq Al Jubail, Souq Al Haraj and Al Saja’a Industrial Oasis. This comes within the company’s strategy to develop this important sector and retain high investment and asset management levels.   His Excellency Waleed Al Sayegh, CEO of Sharjah Asset Management Company, said that under the directives of…