• Africa could lose $25 billion per year

    Thursday, December 7, 2023

    African Development Bank Group President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalizing value-added exports including steel, cement, iron, aluminium and fertilizers. Adesina said, “With Africa’s energy deficit and reliance mainly on fossil fuels, especially diesel, the implication is that Africa will […]

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  • Weah wins international peace award

    Monday, December 4, 2023

    The International Association of World Peace Advocates (IAWPA) through the office of its International Director, African Affairs, His Eminence, Amb. Dr. John Metchie, yesterday, announced Liberian President, George Opong Weah, as the winner of this year’s International Peace Prize Medal Award 2023. The award is in total appreciation of the just-concluded presidential election in Liberia, […]

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  • $175m pledged for ‘green infrastructure’ in Africa

    Sunday, December 3, 2023

    In a powerful signal of support during COP28, African and global institutions together with governments of Germany, France and Japan and philanthropies have pledged over $175 million to the Alliance for Green Infrastructure in Africa (AGIA). The landmark initial pledge will help to rapidly scale up financing for transformative climate-aligned infrastructure projects across the continent. The […]

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  • How can Africa finance the energy transition?

    Friday, December 1, 2023

    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 […]

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  • COP 28: Africa urges spotlight on climate finance

    Wednesday, November 29, 2023

     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 […]

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News

Feb
4

How Liberia lost $23.5m on illegal debt cancellation

By S. Karweaye Liberia has abundant natural resources. For many years the country was among the largest producers of iron ore in Africa, and in 2020, Liberia exported $322m in iron ore, spurred by growth in demand for metals in Europe and Asia making Liberia the 19th largest exporter of Iron Ore in the world. […]

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Jan
31

Global: Children call for universal education

Through an innovative, children-led campaign delivered by the UN’s global fund for education in emergencies, Education Cannot Wait (ECW), crisis-impacted girls and boys worldwide are sharing “Postcards from the Edge” to call on world leaders and public and private sector donors to make good on promises to ensure education for all by 2030 as outlined […]

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Jan
27

Bank pledges $10b to end hunger in Africa

The African Development Bank Group will commit $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world. Bank Group President, Dr Akinwumi Adesina, announced Wednesday at the Dakar 2 Africa Food Summit in Diamniadio, east of the Senegalese capital […]

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Jan
24

Portugal to host major Afrobeats festival

After a year of highs and countless mind-blowing moments, the World’s biggest Afrobeats festival returns to Portugal’s Portimão’ sun-kissed coast this summer. Taking place between 28-30th June, Afro Nation Portugal announces the first wave of names.  Among an ever-impressive array of artists, are found the first three headline acts, including global giant Burna Boy, US hip hop royalty 50 […]

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Jan
20

Africa’s economic growth to outpace global forecast

Africa is set to outperform the rest of the world in economic growth over the next two years, with real gross domestic product (GDP) averaging around 4% in 2023 and 2024. This is higher than projected global averages of 2.7% and 3.2%, the African Development Bank Group said in Africa’s Macroeconomic Performance and Outlook report […]

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Jan
19

Are there Liberian war criminals in Sweden?

In recent years, war crimes charges have been brought in Europe against former fighters of warring factions that took part in the civil war in Liberia. There have been trials and convictions in Switzerland and France.  Liberian war crimes court advocates and their foreign partners are committed to bringing war criminals to justice. Now there are reports […]

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Jan
18

African food summit in Senegal

African heads of state and government together with development partners will gather in Senegal to strategically map plans to unlock Africa’s food-producing potential and position the continent to become a breadbasket to the world. President Macky Sall of Senegal, and Chairperson of the African Union, will host the three-day Dakar II Food summit from 25 […]

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Jan
16

Canada-based philanthropist helps Liberian women group

By: Draper C. Tolborh Sr. Luke 6:38 says, “Give and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you.” Canada-based Philanthropist krish Roopnarine lives by this Biblical principle. Roopnarine, a […]

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Jan
14

Global food crisis: Millions of young lives at risk

Five UN agencies on Thursday called for urgent action to protect millions of malnourished children in the 15 countries hardest hit by the unprecedented food and nutrition crisis. More than 30 million under-fives are suffering from wasting, or acute malnutrition, brought on by conflict, climate shocks, ongoing impacts of the COVID-19 pandemic, and the rising costs of […]

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Jan
14

The case of Liberia’s western cluster iron ore deposits

By S. Karweaye Liberia is among the top iron ore-producing countries in Africa and has a potentially long future in the mining sector due to the under-exploration and current development of mining projects of global significance. Although the iron ore mining sector is a key component of national development, with 47 percent of total export […]

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