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Yemi Alade Urges More Vaccination in Africa

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Yemi Alade

By Adedapo Adesanya

Global Afropop star, Yemi Alade, has encouraged Africans to unite and get vaccinated against COVID-19 following her appointment as the Global Ambassador for It’s Up to Us, a pan African campaign driven by the Africa CDC and Mastercard Foundation.

It’s Up to Us comes at a critical time in Africa’s fight against COVID-19, continent continues to bear the brunt of global vaccine inequity, with cases and deaths rising quickly across the continent.

According to available statistics, less than 12 per cent of the continent has been fully vaccinated against the virus and the AVAT, African Union, and Africa CDC, with the support of partners like the Mastercard Foundation, have made significant strides in securing vaccines.

Ensuring vaccine adoption is the next step towards increasing vaccine coverage on the continent.

Given that nearly 60 per cent of Africans are under the age of 25, targeting young people is key to ensuring Africa reaches its goal of vaccinating 70 per cent of its population by the end of 2022.

Speaking on this, Yemi Aladi said, “I’m delighted to be a part of #ItsUptoUs, a movement that encourages Africans to take up the responsibility in making the world safe again.

“I’m happy to lend my voice to this important issue and moment,” she remarked.

For over a year, the Nigerian pop-star has been vocal about the safety of COVID-19 vaccines, the importance of vaccine equality, and the need to dispel myths around COVID-19 and vaccines—particularly in Africa.

Yemi’s involvement aims to remind Africans of the power they have to make a change in their communities, and in the lives of their friends and families, by getting vaccinated.

In addition to the video released today, Yemi Alade is releasing a campaign Unity Anthem on March 9, 2022, that will be accompanied by an #ItsUpToUs dance challenge choreographed by 21-year-old Zambian social media star and choreographer, Mooya Musunga.

Speaking on the effort, Dr John Nkenagsong, Director of the Africa CDC said, “COVID-19 vaccine acceptance is important to achieving herd immunity and safeguarding citizens in Africa and globally against the virus and its variants. That’s why Africa CDC and the Mastercard Foundation are joining efforts in ensuring access to vaccines for Africa.”

On her part, Ms Reeta Roy, President and CEO of the Mastercard Foundation explained – “Vaccines remain critical for saving lives and livelihoods. But, misinformation spreads fast, so we need to be smarter and more creative to spread the right information faster. People make the right choices to protect themselves and their families when they have the facts.”

Vaccines remain critical for providing protection against the virus, massively reducing the chances of serious illness, hospitalization and death. COVID-19 vaccines protect everyone—including public health workers—and enable economies to recover.

Since COVID-19 began, the Mastercard Foundation has been working to ensure communities across Africa access accurate information about how to protect themselves.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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London Stock Exchange Launches Blockchain Platform for Private Funds

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By Adedapo Adesanya

The London Stock Exchange Group (LSEG) has launched a blockchain-based infrastructure platform for private funds, making it the first major global stock exchange to use such a system.

The platform, called Digital Markets Infrastructure (DMI), supports the full lifecycle of digital assets, from issuance and tokenization to post-trade settlement.

According to a statement on Monday, it was developed with Microsoft and runs on Microsoft Azure.

The exchange said the system was designed to provide interoperability between distributed ledger technology and traditional financial systems as part of its goal to become the first global exchange group to support clients across the “full funding continuum.”

Private funds are the first asset class to go live on the DMI, with plans for additional asset classes.

As part of the initial offering, private funds on the DMI will be discoverable by Workspace’s users, enabling general partners to interact with professional investors on these platforms.

Capital management firm MembersCap and London-based Archax, a Financial Conduct Authority-regulated crypto exchange, were the first clients onboarded. MembersCap conducted the platform’s debut transaction with Archax acting as a nominee for the Cardano Foundation.

EJF Capital has also been onboarded as an early adopter and a selection of their funds will be available on the platform soon.

Speaking on this, Mr Darko Hajdukovic, Head of Digital Markets Infrastructure, LSEG, said: “There are many processes in private markets today that can be improved. At LSEG we are committed to significantly improving access to private markets, by streamlining workflows, enhancing distribution, and enabling liquidity.

“We intend to do this by continually working with all stakeholders to enhance efficiencies and connectivity for both digitally-native and traditional assets. The onboarding of our first clients and this first transaction are significant milestones, demonstrating the appetite for an end-to-end, interoperable, regulated financial markets DLT infrastructure. LSEG’s position as a convener of markets can bring significant scale to digital assets and effect real change.”

Adding his input, Mr Bill Borden, Corporate Vice President, Worldwide Financial Services, Microsoft, said: “Microsoft’s collaboration with LSEG on its Digital Markets Infrastructure (DMI) is a powerful example of the innovation driving our strategic partnership. Together, we’re reshaping the future of global finance to empower our customers to unlock new opportunities and drive meaningful change.”

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Afreximbank Launches ADTC to Promote African Large Scale Trade

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Afreximbank

By Adedapo Adesanya

African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC) to catalyse large-scale trade in raw materials, minerals and value-added products from across Africa.

Afreximbank, through the Fund for Export Development in Africa (FEDA), established ATDC in collaboration with Arise Integrated Industrial Platforms (Arise IIP), Equitane DMCC and the African Continental Free Trade Area (AfCFTA) Secretariat.

The President and Chairman of the Board of Directors of Afreximbank, Mr Benedict Oramah, officiated the operational launch of ATDC in an event held during the ongoing Intra-Africa Trade Fair 2025 (IATF2025) in Algiers, Algeria, alongisde the Algeria’s acting Prime Minister, Mr Sifi Ghrieb and other heads of government and ministers from African and Caribbean countries.

Also unveiled during the launch was ATDC’s flagship subsidiary, ATDC Minerals (ATMIN), dedicated to trading and financing minerals and hydrocarbons.

According to a statement, the new entity has already secured a $1 billion funding pledge from Afreximbank to invest in the aggregation of value-added goods, support logistics and distribution networks as well as financing its subsidiaries’ business operations.

ATDC has signed deals with several firms across the continent, spanning logistics, minerals, and agricultural produce, among others. The entity has signed a collaboration with Arise Integrated Industrial Platforms (ARISE IIP) to supply feedstock to its operating companies in various special economic zones; a co-investment partnership with BSMART Technology Limited to establish digitally integrated logistics hubs in key African ports trade repos with Export Trading Group (ETG), KK Kingdom Nigeria Limited, and Sunbeth Global Concepts Limited.

ATDC also agreed on terms for joint ventures with CBZ Holdings and Nigeria Commodity Exchange for setting up national ATDCs in Zimbabwe and Nigeria respectively.

At the same time, ATMIN announced landmark deals of about $3 billion which included oil lifting arrangements with Nigeria National Petroleum Company Limited (NNPC) and Roxzen Nigeria Limited.

Speaking on this, Mr Oramah said, “Through ATDC and ATMIN, we aim to close the loop and to take back control of how our commodities and minerals in global Africa are produced and traded across value chains by integrating them in local economies to benefit more people.”

On his part, the CEO of ATDC, Mr Abdul Aziz Ba said, “We look forward to cultivating a robust trading ecosystem across Africa that integrates with global markets for shared prosperity through impactful partnerships and effective logistics. Through this, we will transform Intra-African trade by driving the continent’s transition from export of raw materials and minerals to value added products and last mile distribution. ATDC is investing in expanding production and processing capacity, establishing connections across regional value chains and to markets, and delivering effective distribution channels”.

The CEO of ATMIN, Mr Ajay Oommen noted: “ATMIN is committed to supporting the monetisation of Africa’s abundant fossil fuel resources ahead of the global energy transition. We aim to foster stronger Intra-African trade, drive value addition, and streamline supply chains to ensure that a significant share of this value is retained within the continent.”

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APPO to Finalise Africa Energy Bank at Next Council of Ministers Meeting

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African Energy Bank Headquarters

By Adedapo Adesanya

The African Petroleum Producers Organization (APPO) has announced that the launch date for the Africa Energy Bank (AEB) would be finalised at the next Council of Ministers of APPO Members meeting.

This was disclosed by the Secretary General of the African petroleum producers group, Mr Omar Farouk Ibrahim, while delivering a keynote address at the Angola Oil and Gas 2025 Conference and Exhibition last week.

Spearheaded by APPO and a multilateral finance institution, the African Import-Export Bank (Afreximbank), the $5 billion Africa Energy Bank will support oil, gas and infrastructure projects across Africa.

The bank is set to be headquartered in Abuja, Nigeria, to address the continent’s investment gap in energy.

“APPO is fully conscious of the serious challenges facing the African oil and gas industry and is taking practical measures to address them. One measure was taken in Luanda three years ago.

“The APPO Ministerial Council approved the signing of an MoU between APPO and Afreximbank for the establishment of the Africa Energy Bank. The next Ministerial meeting of the APPO council will establish the official date for launch of the Africa Energy Bank,” stated Mr Ibrahim.

In August 2025, APPO announced plans to accelerate the launch of the bank, with the organization’s Executive Council resolving to submit the project for final approval in the final quarter of 2025.

With the launch date on the precipice of being finalized, the APPO scribe also invited investors to support the bank.

“I would like to take this opportunity to appeal to investors to partner with us on the Africa Energy Bank. The African oil and gas industry has come of age. Africa cannot continue to be dependent on external powers to finance its oil and gas. Africa must control the finances of its oil and gas industry. Africa must create the technology it needs as well as its own market for its oil and gas resources,” Mr Ibrahim stated.

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