News & Events

Heineken agrees to buy South Africa’s Distell Group Holdings for $2.5 billion and a majority stake in Namibia Breweries Ltd to form a southern Africa drinks group worth $4.6 billion. The expansion is expected to restore profit margins and boost earnings. This acquisition would be the first for Dolf van den Brink, who took charge at Heineken in June 2020.

Read the original article here: https://bit.ly/3DDFFbn

Rwanda’s President Paul Kagame invites Indian Prime Minister Narendra Modi to participate in the next Commonwealth Heads of Government Meeting (CHOGM) summit during a call by Minister of State for External Affairs V. Muraleedharan in Kigali. The two sides also discussed their local, international and multilateral issues and agreed to work with each other.

Read the original article here: https://goachronicle.com/rwanda-president-kagame-invites-pm-modi-to-chogm-summit-in-kigali/

A new study published in Nature Sustainability shows a cost-benefit analysis of combating desertification in the Sahel region where the average return for every dollar invested is $1.2, despite harsh climatic conditions. About $20 billion has been pledged globally to scaling up Africa’s Great Green Wall programme. This includes $14.3 billion at a One Planet summit for biodiversity held in Paris and 1 billion from Amazon founder, Jeff Bezos, at the COP26 climate conference.

Read the original article here: https://reliefweb.int/report/world/africa-s-great-green-wall-gives-viable-return-investments-fao-led-study-finds