• 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

Jul
14

FIFA,UNHCR agree to give refugees more opportunities

Football’s global governing body FIFA and UNHCR, the UN Refugee Agency, Wednesday signed a Memorandum of Understanding (MoU) to work closely with those forcibly displaced from their homes and help to strengthen communities through enhanced access to football, education and other opportunities. The signing ceremony in Geneva, Switzerland, was conducted by FIFA President Gianni Infantino […]

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Jul
13

A decade of transforming African education

Ubongo, Africa’s leading children’s edutainment and media company, is excited to announce its 10-year anniversary, marking a decade of transforming education and empowering millions of children across the continent. With an impressive portfolio of educational programs including Akili and Me, Ubongo Kids, and the recent addition of the captivating new show Nuzo and Namia, Ubongo continues to set […]

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Jul
13

Diadora seeks help for the coming season

Liberian football club Diadora had a tough debut season in the 3rd division this year. Diadora, based in Chocolate City, suffered at the beginning of the Gardnersville football championship, losing almost all its matches. This dismal performance created an impression that the team would not survive its first season in the league. But the club […]

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Jul
9

How Liberia’s debt surged to US$2.03 billion

By S. Karweaye Liberia’s public debt has been on the rise. The country’s public debt stock – what the government owes in total – was about US$2.03 billion at the end of December 2022. Of the US$2.03 billion, domestic debt constituted about US$896.68 million (44.15%) while the external component of the total debt stock constituted […]

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Jul
6

Swedish Migration Agency to set up ‘return centers’

The Swedish Government has tasked the Swedish Migration Agency with setting up return centers to house rejected asylum seekers. In these centers, the agency will actively work to motivate the people there to return voluntarily, and will provide advice, guidance and practical support. “Increasing the number of returns is a very important priority for the […]

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Jul
4

Benin paves way for Artificial Intelligence

For the second year running, the Digital Entrepreneurship and Artificial Intelligence Trade Show (known as SENIA in French) took place in Cotonou on May 12 and 13. Attracting almost 1,000 participants, the event reflects Benin’s drive to become a major player in artificial intelligence (AI) in West Africa. The debates and meetings aim at sparking […]

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Jun
28

Africa deserves permanent seats on UN Security Council

The Deputy Speaker of Uganda’s Parliament Thomas Tayebwa has called for the creation of two permanent seats for Africa at the United Nations Security Council, in renewed calls for the body’s reforms. Speaking at the 63rd Organisation of African, Caribbean, and Pacific States (OACPS) – European Union Joint Parliamentary Assembly on Monday, 26 June in […]

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Jun
27

Africa: Top 50 candidates of Business Heroes Prize

The Africa’s Business Heroes (ABH) Prize Competition, a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy to recognize and uplift African entrepreneurs, has announced the top 50 finalists for its 2023 edition. With a remarkable 27,267 applications, ABH this year has seen the highest number of submissions since its inception in 2019, […]

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Jun
23

Support for Green Infrastructure in Africa

On the sidelines of the Summit for a New Global Financing Pact in Paris, African leaders, investors and development partners, including the African Development Bank (AfDB) Group, have highlighted their steadfast support for the Alliance for Green Infrastructure in Africa as it advances toward a first close of $500 million for green infrastructure projects in […]

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Jun
19

USAID supports African water, sanitation project

The United States Agency for International Development (USAID) has committed $3 million to the African Water Facility (AWF). The funding will support the preparation of water and sanitation investment projects in Africa, through the provision of grants and technical assistance to African countries and regional economic communities. The African Water Facility, an initiative of the […]

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