How can Africa finance the energy transition?

By NJ Ayuk, Executive Chairman, African Energy Chamber From an African perspective, one of the most important things to come out of COP15, the 2009 United Nations Climate Change Conference in Copenhagen, was the formal recognition of the fact that lower-income countries were not in a position to bear as much of the cost of […]

COP 28: Africa urges spotlight on climate finance

 The African Development Bank (AfDB) will mobilize financing for climate action at this year’s UN Climate Change Conference, COP28, and amplify Africa’s calls for robust commitments by wealthy countries to meet the continent’s urgent needs in addressing climate change. The bank group, led by its President, Dr Akinwumi Adesina, will launch and cement several climate […]

Africa’s Business Heroes Prize announces winners

The Africa’s Business Heroes (ABH) Prize Competition, a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy, has named the winners of this year’s competition. The announcement took place during an AR-enabled Grand Finale held in Kigali, Rwanda, which also captivated a global audience through a live broadcast. The top three Africa’s Business […]

African economies face gaps in macroeconomic modeling

African countries still face significant capacity gaps in macroeconomic modeling, despite the huge strides they have made in terms of forecasting, analysis, and effective policy management, a new African Development Bank Group study has found. The report, Benchmark Macroeconomic Models for Effective Policy Management in Africa, was launched in the Ethiopian capital Addis Ababa by the Bank […]

Sweden scales up support to civilians in Sudan

Through the Swedish International Development Cooperation Agency (Sida), Sweden is providing an additional SEK 149 million to the civilian population in Sudan. This support will help meet growing humanitarian needs resulting from the armed conflict that broke out in April this year. Parts of the support will also go towards food security and protection of […]

A delicate balance of Liberian political ballet

By Alexander Redd, Th.D The recent presidential runoff race between the incumbent President George M. Weah and formidable contender Joseph N. Boakai has indelibly influenced the nation’s political fabric and psyche. The presidential race was full of strategic tactics, betrayals and a touch of dishonesty, creating uncertainty around the country’s future. However, the peaceful environment […]

Africa: Political will needed to industrialize

African countries need to show stronger political will to advance industrialization, including the adoption of new policies to promote improved productivity and harness the potential of a growing youth population, delegates attending the 2023 African Economic Conference heard. The three-day conference opened in the Ethiopian capital, Addis Ababa, on Wednesday under the theme “Imperatives for […]

Sweden re-introduces internal border control

Sweden has re-introduced border control at its internal borders from November 12 to May 11 next year. The decision is based on the Swedish Government’s assessment that there is a serious threat to public order and internal security. Sweden is facing a deteriorating security situation with several simultaneous threats to internal security. In August 2023, […]

BAL, Afreximbank team up on capacity building

Basketball Africa League (BAL) and African Export-Import Bank (Afreximbank) yesterday celebrated their collaboration during a ceremonial signing event in conjunction with the third Intra-African Trade Fair (IATF) in Cairo, Egypt. BAL and African Export-Import Bank (Afreximbank) will work together on the implementation of capacity building initiatives as well as investment promotion activities for the advancement of sports and related […]

Book review: Cultivating Liberia’s national pride

By Alexander L. Redd Have you ever wondered what it feels like to be genuinely proud of your country? Have you ever felt a deep sense of patriotism? Let me take you on a thrilling journey to the heart of Liberia, a country filled with struggles, victories, and a strong desire for freedom. Welcome to […]