• World’s top arms producers see revenues rise

    Monday, December 2, 2024

    Revenues from sales of arms and military services by the 100 largest companies in the industry reached $632 billion in 2023, a real-terms increase of 4.2 per cent compared with 2022, according to new data released today by the Stockholm International Peace Research Institute (SIPRI). Arms revenue increases were seen in all regions, with particularly […]

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  • Africa discusses growth, trade and investment

    Wednesday, November 27, 2024

    Over 250 Sub-Sovereign government leaders from across Africa met in Kisumu, Kenya, for the the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference. Taking place between the 25th and 27th of November, the event provided a platform for Sub-Sovereign leaders and businesses to discuss how their local governments can attract investments in the region in […]

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  • West African summit calls for regional collaboration

    Saturday, November 23, 2024

    The 2024 West Africa Deal Summit (WADS) concluded on Wednesday, with a call for more regional collaboration to mobilize catalytic capital to address West Africa’s unique socioeconomic challenges. The two-day event attended by over 400 investors, entrepreneurs, government representatives, and thought leaders, focused on building innovative financing mechanisms.  The summit themed “Actions to Deepen Catalytic […]

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  • Africa: True cost of fake electrical goods trade

    Wednesday, November 20, 2024

    Financial pressures in South Africa and across Africa have led to a surge in demand for cheaper products, creating a lucrative market for counterfeiters. This has even extended to electrical goods which have infiltrated between 40% to 80% of markets on the continent, posing a potentially lethal risk to millions of consumers. At best, they […]

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  • Facilitating Japanese investment in Africa

    Sunday, November 17, 2024

    With a mission to scale investment in Africa, a new collaboration between Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, and the Japan Institute for Overseas Investment (JOI), established by the initiative of the Japan Bank for International Cooperation (JBIC), is set to embark on a series of initiatives to facilitate capital flows. […]

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News

Nov
23

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 […]

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Nov
21

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 […]

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Nov
19

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 […]

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Nov
17

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 […]

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Nov
15

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, […]

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Nov
15

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 […]

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Nov
13

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 […]

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Nov
13

Popay recognized for its work on payroll solutions

Popay, a leading Pan-African payroll solution provider, has been recognized as a Global Aspirant in the Everest Peak Group Matrix Assessment Report 2023 for Multi-Country Payroll Solutions. The report assesses the capabilities and performance of payroll solution providers on a global scale and positions them as Leaders, Major Contenders, and Aspirants based on their performance.  […]

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Nov
8

Africa highlights food and nutrition security

African Leaders for Nutrition (ALN), a platform for high-level political engagement to advance nutrition in Africa, has joined two crucial forums for advancing policy dialogue on agriculture and nutrition in Africa. ALN representatives attended the commemoration of the 14th Africa Day for Food and Nutrition Security (ADFNS) and 19th Comprehensive Africa Agriculture Development Program (CAADP) Partnership Platform (PP). These platforms […]

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Nov
8

Nigeria joins Africa-Arab trade program

The general secretariat of The Arab-Africa Trade Bridges (AATB) Program, a multi-donor, Inter-regional program, announces the Federal Republic of Nigeria’s official membership in the AATB Program. This pivotal development marks a significant step towards advancing trade and to strengthen economic ties among Arab and African countries.  An essential element of the AATB Program is to […]

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