African amusement industry to gain from DEAL 2022

African family entertainment centers, theme parks and waterparks operators will stand to gain from the upcoming DEAL 2022 as it will showcase some of the most innovative and creative entertainment concepts. The 28th edition of the show is scheduled to take place at the prestigious Dubai World Trade Center from March 28 to 30. Sharif […]

IFAD: A call for solutions to address rural poverty

World leaders recently called for urgent and innovative investments to help rural communities in the world’s poorest countries adapt to climate change. Speaking in Rome, Italy at the opening of the annual Governing Council meeting attended by 177 Member States of the UN’s International Fund for Agricultural Development (IFAD), leaders specifically highlighted the vulnerability of […]

Agreement to promote free movement of goods in Africa

A Memorandum of Understanding (MoU) was last week signed between the African Continental Free Trade Area (AfCFTA) Secretariat and the World Customs Organisation (WCO), aimed at operationalizing the tariff schedules and ensuring additional free and efficient movement of goods in Africa. The MoU was signed in Brussels, Belgium by Wamkele Mene, Secretary-General of the AfCFTA […]

Sweden: Foreign policy statement for 2022

Sweden’s Minister for Foreign Affairs Ann Linde on Wednesday, February 16 presented the country’s 2022 Statement of Foreign Policy in the parliament, Riksdag. Below is the full text: Mr Speaker, Our security situation is serious. Russia’s increasingly confrontational rhetoric and military activities, both visible and covert, are unacceptable. The heightened Russian military presence at Ukraine’s […]

Why Africa needs to develop its own financing structures

Africa’s vast oil and natural gas resources represent a critical solution to the continent’s energy crisis and its unprecedented degree of energy poverty. With a population of over 600 million living without access to reliable electricity, and as global pressures increase to transition to cleaner energy sources, fossil fuel financing restrictions hinder the development of […]

UN Report: Tourism vital for economic recovery this year

The important role that tourism will play in the recovery of national economies and global trade has been highlighted in the 2022 edition of the World Economic Situation and Prospects (WESP) report by the United Nations. Drawing on data from the World Tourism Organization (UNWTO), WESP underlines the sector’s importance for the world economy and […]

12 teams for Basketball Africa League this season

The Basketball Africa League (BAL) on Tuesday announced the top 12 club teams from 12 African countries that will compete in the 2022 BAL season, which will tip off Saturday, March 5 at the Dakar Arena in Dakar, Senegal, and will include stops in Cairo, Egypt and Kigali, Rwanda.  In the season opener, Senegal’s Dakar Université Club […]

Sweden lifts ban on entry from EU/EEA countries

The Swedish Government decided on Monday to lift the entry ban to Sweden from the Nordic countries and other European Union (EU) and European Economic Area (EEA) countries. The decision, which comes into effect on Wednesday, February 9, was made at an extraordinary government meeting. As part of the continuing work to phase out the […]

Africa Business Forum slated for Monday in Ethiopia

The Economic Commission for Africa (ECA) will host, along with its partners, the flagship initiative, the Africa Business Forum (ABF), on Monday, February 7 on the margins of African Union summit in Addis Ababa, Ethiopia. Bringing together heads of state with CEOs and other stakeholders, the focus of the Forum this year will be Transport – a sector […]

Tourism increased in 2021

Global tourism experienced a four percent upturn in 2021, compared to 2020 (415 million versus 400 million). However, international tourist arrivals (overnight visitors) were still 72% below the pre-pandemic year of 2019, according to preliminary estimates by the World Tourism Organization (UNWTO). This follows on from 2020, the worst year on record for tourism, when […]