News & Events
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Samoa Father’s Day
Father’s Day is a global celebration dedicated to honouring the essential role that fathers and father figures play within the family and society. While it is observed on different dates worldwide, its significance lies in recognising fathers’ love, sacrifices, and contributions to family life and the broader community.
Samoa is distinctive in making Father’s Day a public holiday since 2005, underscoring the Pacific nation’s profound respect for family values and parental honour. Over time, this celebration has evolved beyond a simple acknowledgement to become a significant cultural event. It not only honours traditional paternal roles as providers but also recognises the modern father’s active participation in child-rearing and domestic responsibilities. This shift reflects broader societal changes in the understanding of fatherhood, where emotional support and involvement in daily family life are increasingly valued alongside economic provision.
AFC reports US$50B GDP impact and 7M jobs created through scalable infrastructure model
Africa Finance Corporation (AFC) has released its annual Development Impact Report, showcasing significant achievements across 36 African countries. The report reveals that AFC-backed projects have contributed over US$50 billion to GDP and created 7 million jobs through 166 projects.
A standout achievement is the establishment of Infinity Power, Africa’s largest renewable energy platform, which currently delivers 1.4 GW of clean electricity and plans to reach 3 GW by 2030. The platform demonstrates AFC’s commitment to leading Africa’s energy transition.
Notable projects include the Lobito Rail Corridor linking Angola, DRC, and Zambia, which has reduced export timelines from 45 to 7 days, and the Kamoa-Kakula copper mine, contributing 6% to DRC’s GDP. The organisation’s success in blending strategic development with commercial viability offers a blueprint for accelerating Africa’s infrastructure development.
Read the original article here: https://africafinancecorporation.africa-newsroom.com/press/africa-finance-corporation-reports-us50-billion-gdp-impact-and-7-million-jobs-created-through-scalable-infrastructure-model?lang=en
Singapore’s SixSense raises $8.5M to bring AI intelligence to chip manufacturing
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Webinar Recording | The Rise of Commonwealth Entrepreneurs: Trials and Triumphs of the Bangladesh Startup Ecosystem
Over the past six years, venture investment in Bangladesh has nearly tripled, reaching over $742 million in May 2022. The Bangladesh startup ecosystem, according to the Global Startup Ecosystem Index 2023, has risen by four ranks to become the 89th biggest startup ecosystem internationally; the capital city of Dhaka, rose a staggering 115 spots to claim 211th place.
Empowering Tomorrow: MSMEs and Sustainable Development in The Gambia
The Commonwealth Chamber of Commerce wishes to invite you to an all-new webinar on the trends and developments taking shape in the business ecosystem of The Gambia, centring on the critical role of MSMEs (Micro, small and medium sized enterprises) for the sustainable economic development of the nation and the role of the Commonwealth in fulfilling this objective.
Webinar Recording | Education and Your Financial Future: A Webinar on Strategic Planning for Commonwealth Higher Education
Financial planning for education enables individuals to take control of their financial future and invest in their personal and professional growth.