Development - eriinfo

Africa

Afreximbank and Shelter Afrique Development Bank (ShafDB) Forge Strategic Partnership to Unlock US$1 billion in investments

eriinfo.com2 months ago05 mins

African Export-Import Bank (Afreximbank) and Shelter Afrique Development Bank (ShafDB) have signed a groundbreaking Joint Project Preparation Facility (JPPF) Framework Agreement. This strategic partnership aims to unlock a cumulative investment value of at least US$1 billion and is set to significantly transform housing and urban development across the continent and boost trade and investment. Signed…

Africa

Africa: Underfunded African Institutions Risk Derailing AU’s Development Vision

eriinfo.com2 months ago08 mins

Africa’s leading development financiers have sounded the alarm that weak and underfunded financial institutions are threatening the African Union’s most ambitious blueprint — Agenda 2063, the continent’s 50-year plan for industrialization, integration, and prosperity. Speaking on Monday at the Intra-African Trade Fair (IATF2025) in Algiers, a high-level panel of executives from Afreximbank, the African Development…

Africa: Remittances As Development Finance – Africa’s Overlooked Billions

eriinfo.com2 months ago011 mins

Other global south economies provide valuable lessons on successfully transforming remittance flows into broad-based growth. In just over a decade, remittance inflows to Africa have surged from approximately US$53 billion in 2010 to US$95 billion in 2024. During this time, their share of the continent’s GDP rose from 3.6% to 5.1%, making remittances one of…

Africa

Africa: ‘Improper Resource Use, Corruption Threaten Africa’s Development’

eriinfo.com3 months ago04 mins

Arusha — The Minister for Education, Science and Technology, Professor Adolf Mkenda has warned that poor resource management, corruption and the mismanagement of public projects could continue to undermine Africa’s fight against poverty and hinder development. Speaking over the weekend in Arusha at the National Accountability Forum (YAIF), organised by the Wajibu Institute, Prof Mkenda…

Africa

Africa: Tech Firms Launch Joint Venture for African AI Development

eriinfo.com3 months ago02 mins

In a move aimed at strengthening Africa’s digital infrastructure and sovereignty in artificial intelligence, four technology companies from Australia, Nigeria, the UAE and the Netherlands have signed a Memorandum of Understanding (MoU) to establish AfricAI, a multinational joint venture dedicated to building enterprise-grade AI solutions tailored to African markets. Nigeria has been selected as the…

Top ICT tenders: SABS calls for new standards platform development

eriinfo.com3 months ago018 mins

The SABS requires a solution that will use the latest technology to automate end-to-end business processes and procedures. The ICT industry is back in favour this week, with National Treasury’s eTenders Portal featuring a number of tech-focused advertisements, particularly from state-owned entities. The South African Bureau of Standards (SABS) takes the headline, however, with its…

Africa

Africa: Landlocked Nations ‘Invisible to Much of the World’ – UN Trade and Development Chief

eriinfo.com3 months ago08 mins

Trapped by geography and squeezed by global market forces, the world’s 32 landlocked developing countries remain among the poorest – and most overlooked. At a major UN conference underway this week in Awaza, Turkmenistan, calls are growing to tackle the high trade costs, investment gaps and growing digital divide that continue to hold these countries…

Africa: Leveraging the Power of Diaspora in the Future of African Development

eriinfo.com3 months ago07 mins

Washington, DC — Every four years, a new U.S. administration brings with it a reshuffling of global priorities. Africa is often included in that process but rarely centered. While high-level visits, peace deals, and trade agreements may signal renewed attention, sustained engagement is frequently undermined by shifts in leadership, budgets, and institutional agendas. Today, the…

Africa

African Nations Urged To Form ‘Strong Coalitions’ To Bridge Funding Gap for Development

eriinfo.com3 months ago04 mins

Monrovia — As global financial aid continues to decline, experts warn of the increasing risks posed to low-income countries and urge regional stakeholders to look inward to fund much-needed development. Speaking at the African Transformation online briefing on Tuesday, the Manager of Resources and Partnerships at the African Development Fund (ADF), Valerie Dabady, said the…

The cross-stack edge in accelerating mobile development

eriinfo.com3 months ago08 mins

Lloyd Hendricks, practice head of mobile services at DVT. When mobile developers work in silos, delays stack up fast. One team waits on another to fix a backend issue. Development teams get blocked because the backend hasn’t been integrated yet. The result? Endless context switching, delivery slowdowns and mounting frustration across the pipeline. Cross-stack development…