• Fighting money laundering in West Africa

    Sunday, April 21, 2024

    The African Development Bank and the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) on Thursday officially launched a three-year support project to combat money laundering and terrorism financing in their member countries. The project, titled “Capacity Development for Anti-Money Laundering and Countering the Financing of Terrorism in GIABA Member States in Transition,” will […]

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  • Basketball Africa League continues in Egypt

    Thursday, April 18, 2024

    The Basketball Africa League (BAL) today announced the 52 players from 11 countries across Africa, Europe and the U.S. who will compete in the 2024 Basketball Africa League’s (BAL) Nile Conference group phase, which will take place from Friday, April 19 – Saturday, April 27 at the Hassan Mostafa Indoor Sports Complex in Cairo, Egypt*. […]

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  • OPEC participates in African energy forum

    Thursday, April 18, 2024

    The director of research of the Organization of Petroleum Exporting Countries (OPEC) Ayed S. Al-Qahtani will deliver a keynote address at the upcoming Invest in African Energy (IAE) 2024 forum in Paris, France affirming the importance of African oil supplies in global affairs.   Home to six OPEC member countries, the African continent is playing a […]

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  • Bahamas hosts AfriCaribbean trade forum

    Friday, April 12, 2024

    Bahamas and African Export-Import Bank (Afreximbank) today signed the Agreement for The Bahamas to host the 31st Afreximbank Annual Meetings (AAM) and the third edition of the AfriCaribbean Trade and Investment Forum (ACTIF). The AAM will be held in Nassau, The Bahamas, from June 12-14. Professor Benedict Oramah, President and Chairman of the Board of Directors, […]

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  • Africa: Major expansion of projects and investment

    Monday, April 8, 2024

    Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, has announced its most impactful year to date, with unprecedented expansion of projects and investments spanning energy, transportation, mining, food, textiles and climate resilience. Underpinning robust growth in earnings and total assets, AFC successfully navigating the global geopolitical, inflationary and debt distress challenges of 2023 to […]

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News

Aug
10

Africa: Focus on global tourism challenges

The Conference on Rethinking Africa: Rethinking Tourism for Africa: Addressing global challenges; Promoting investment and partnerships brought expert African perspectives to global challenges, highlighting the need of investments towards a greener tourism sector and access to finance within the sector and the need to further strengthen public-private collaboration at every level. Tourism Ministers set out visions Reflecting […]

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Aug
5

New measures to strengthen Sweden’s security

Due to the serious security situation, there is greater need for control over who is attempting to enter Sweden and for what purposes. The Swedish Government has therefore decided to expand the mandate of the Police to intensify internal border control. This was announced at a press conference Tuesday by Prime Minister Ulf Kristersson and […]

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Aug
2

EFLA: Inaugural speech of new president

I will firstly like for us to observe a few moments of Silence, in memory of our fallen founding members Mr. Emmanuel Lincoln , former Vice President and Mr. Germaine Verdier, former Secretary General of EFLA. I will like to give God the glory for giving me the opportunity to see this day and giving […]

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Jul
31

Swedish Foreign Minister’s message to OIC

Member States of the Organization of Islamic Cooperation (OIC) are holding a foreign ministers meeting this afternoon to discuss, among other things, the recent demonstrations in Sweden and Denmark. I do not wish to speculate about the outcome of this meeting. In recent days, I have initiated talks with many foreign ministers of the OIC’s […]

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Jul
27

Liberia: President Weah’s Independence Day speech

Today, on this auspicious occasion of the 176th anniversary of our beloved Republic of Liberia, we gather here at the historic Centennial Memorial Pavilion to celebrate another significant milestone in our nation’s history. With hearts full of gratitude and reflection, we thank the Almighty God for guiding us through 176 years of independence as a […]

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Jul
26

Ruto: Africa must invest in its workforce

Africa must strategically invest in its workforce if it is to grow. Kenya President William Ruto said the continent is presented with gifted human capital that can drive its transformation. He noted that Africa must fix itself in a lane that will see the exploitation of the skilled, educated and productive manpower. This move, he […]

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Jul
23

Liberian economy grew 4.8% last year, says World Bank

Liberia’s economy expanded by 4.8% in 2022 despite global headwinds from the war in Ukraine, high global inflation and depressed demand in advanced economies, according to a World Bank update released on Tuesday. The expansion was driven by gold production and a relatively good agricultural harvest, notes the bank’s 4th annual Liberia Economic Update, “Getting Rice […]

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Jul
21

Nigeria to host big tech conference

Innovate Africa Foundation, in collaboration with the Silicon Valley Product Group (SVPG) and WorkNigeria, is set to host Africa’s largest tech product conference from the 18th to the 21st of September, 2023, at the Eko Convention Centre in Lagos, Nigeria. Tagged the Inspire Africa Conference, the four-day-long event is designed to provide the African product […]

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Jul
20

$16 million for youth-led Liberian businesses

In an exciting move to unleash the business potential of young Liberians, the Board of Directors of the African Development Fund (ADF) has given the green light for the creation of a Youth Entrepreneurship Investment Bank (YEIB) in the West African country. Approximately $16 million has been allocated to finance this strategic initiative, which targets […]

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Jul
17

Adesina outlines vision for African growth

African Development Bank (AfDB) Group President Dr Akinwumi Adesina on Sunday outlined the bank’s significant achievements and commitments to Africa. He underscored the bank’s determination to mobilize resources for driving economic transformation, climate resilience, and addressing the continent’s debt challenge, among other priorities. Addressing the 5th Mid-Year Coordination Meeting of the African Union (AU) in […]

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