• 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
13

Online platform to mentor African women launched

Tanzania Women of Achievement (TWA) on Thursday launched Twaa Mentorship, an online portal and mobile app designed to provide mentorship and learning on the go for girls and women in Africa. Twaa Mentorship is the result of TWA’s continued work in transformation programs for women and girls that started in 2009 with the mission to improve lives, […]

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Aug
11

Obasi scores twice in return to Swedish football league

  Nigerian striker Chinedu Obasi celebrated his return to Sweden by scoring twice and providing an assist as 2nd-placed AIK whipped Sirius 4-1 in an 18th round match of the country’s top football championship.   Obasi, who re-joined AIK during the summer after a stint in China, raised the curtains with a 7th minute penalty and added his second […]

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Aug
10

Danish companies establish African infrastructure fund

A.P. Moller Holding, a Danish company, has together with PKA, PensionDanmark and Lægernes Pension launched a new infrastructure fund with a focus on Africa. The fund has received commitments of $550 million from anchor investors. The new fund will focus on investments in infrastructure in Africa to support sustainable economic growth in the region while delivering […]

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Aug
8

Some questions for Liberian presidential candidates

Dear presidential candidates: The Liberian people are looking for a fighting president.   The fighting president is the one who is willing to fight to give all Liberians equal fighting chance for better livelihoods. He or she is the one who is willing to summon a new dawn to mark a renewed beginning for Liberia by ending the “semi-godly presidency” and the “oligarchy governance structure” in the country. […]

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Aug
7

Congolese warlord to face trial

Ntabo Ntaberi Sheka, leader of the armed group Nduma Defense of Congo (NDC), was transferred on Friday August 4th to Kinshasa, the capital of the Democratic Republic of Congo, and was handed over by MONUSCO to the Congolese judicial authorities. Sheka has been under MONUSCO supervision in Goma since his surrender on 26 July.  He is […]

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Aug
5

Saying goodbye to a Liberian football legend

In recent years, the Liberian football community has lost some of its most prominent individuals to death. Those who have travelled that road gently are Mass Sarr, Garretson Sackor, John “Monkey” Brown, George Sackor, Gladstone Ofori, David Momo, Philip “Cocha” Davis, etc. They have now been joined by Mr. Philip Robinson. Mr. Robinson’s family, with […]

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Aug
3

Gambia: challenges facing Africa’s youngest democracy

On December 1st, Gambia held a presidential election in what seemed as another victory for the then incumbent, Yahya Jammeh. Just as the fall of communism caught political analysts off-guard, the victory of the coalition over Jammeh was also another miracle that no one saw coming – not because the coalition lacked the support base, […]

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Aug
1

UN human rights official visits Liberia

UN Assistant Secretary-General for Human Rights Andrew Gilmour will visit Liberia from 1 to 3 August, seeking to mobilize support for the establishment of a UN Human Rights Office in the country following the forthcoming closure of the UN Mission in Liberia in March 2018. During his visit, Gilmour will meet with government and civil society […]

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Jul
31

Kenyan food supply platform raises $10.3m in funding

  Twiga Foods, the Kenyan business-to-business food supply platform announced today that it has successfully raised  a Series A funding round including $6.3m in equity and $4m in debt instruments. The round was led by Wamda Capital and includes Omidyar Network, DOB Equity, Uqalo, 1776, Blue Haven Initiative, Alpha Mundi, and AHL Venture Partners.   […]

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Jul
29

Africa faces weakening of policies, institutions

The quality of policies and institutions weakened in Sub-Saharan Africa in 2016 amid challenging economic conditions, according to the latest review by the World Bank. This weaker trend was observed in 40% of the region’s IDA countries, notably commodity exporters and fragile states. The review is the annual World Bank Country Policy and Institutional Assessment […]

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