• Africa: Debt managers initiative launched

    Saturday, June 15, 2024

    The African Development Bank’s African Development Institute on Thursday launched the African Debt Managers Initiative Network (ADMIN), a new program to provide home-grown solutions to Africa’s debt challenges. The inauguration and first peer learning event took place in Addis Ababa under the theme: Developing and Deepening Domestic Debt Markets in Africa. African Development Bank Director Coulibaly […]

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  • African broadcasters meet in Botswana

    Monday, June 10, 2024

    The African Union of Broadcasting (AUB) will hold its 15th General Assembly from September 3 to 5 in Gaborone, capital of the Republic of Botswana, under the theme: “The future of African media facing the challenges of new technologies and changes climate”. This high-level meeting will bring together chief executives of the media and broadcasting industry, […]

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  • Ecobank launches fintech challenge

    Saturday, June 8, 2024

    Ecobank, the pan-African financial services Group, has officially opened call for applications to the 7th edition of its Fintech Challenge. This annual competition invites early-stage and mature fintech startups to partner with Ecobank, offering a grand prize of US$50,000 and a chance to scale their solutions across Ecobank’s extensive network spanning 35 African countries. Despite […]

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  • Africa: Expanding access to education

    Tuesday, June 4, 2024

    Coursera, a leading online learning platform, has partnered with the African Leadership University (ALU), the institution dedicated to shaping Africa’s future leaders with ethics, entrepreneurship, and solutions for the continent’s challenges, to enable learners from across Africa to access world-class education and equip them with the necessary skills to thrive in a digital economy. Education […]

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  • Digital transformation: a top priority for banks

    Saturday, June 1, 2024

    The African Banking Digital Transformation Report, a collaboration between pan-African publication African Banker and Backbase, creators of The Engagement Banking Platform, is a cornerstone in Africa’s financial news landscape, offering in-depth insight into the digital revolution being undertaken by the banking sector across the continent. A growing African population – forecast to be 2.49 billion by 2050 […]

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News

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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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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