• Liberia gets $3.9m to upgrade payments system

    Tuesday, March 21, 2023

    The board of directors of the African Development Fund, the concessional financing window of the African Development Bank (AfDB), has approved a $3.9 million grant to finance the upgrade of Liberia’s payments infrastructure and systems project. The approval of the grant from the Fund was made on March 17. The project’s primary objective is to […]

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  • Africa: Rugby is big business, let’s stop pretending it isn’t!

    Saturday, March 18, 2023

    By Herbert Mensah African Rugby needs to respect itself and behave in a “world-class” fashion before it can be respected by the rest of the world. African sports have been forgotten by the world. More so, it seems that African sports have been forgotten by Africans. In the world of rugby, in particular, there are […]

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  • West African experts discuss regional single currency

    Friday, March 17, 2023

    The Technical Committee on the Economic Community of West African States (ECOWAS) Single Currency Program met on Thursday in Guinea Bissau to define the concept of “Majority of Member States” within the framework of the Macroeconomic Convergence and Stability Pact among ECOWAS member states. The experts also discussed amendments to the legal texts relating to […]

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  • Sweden, Egypt discuss trade relations

    Tuesday, March 14, 2023

    Sweden’s Minister for International Development Cooperation and Foreign Trade Johan Forssell on Tuesday received Egyptian Minister of Trade and Industry Ahmed Samir Saleh in Stockholm. During the visit, the ministers participated in a Swedish-Egyptian business forum together with business representatives. The ministers discussed matters such as how Swedish companies’ innovation capacity can contribute to the […]

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  • Liberia: Clar Weah’s budget undeserved

    Sunday, March 12, 2023

    By Benedict Nyankun Wisseh Madam Clar Weah, with all due respect Madam first lady, I love you and that is why I stood as the “BESTMAN” in your wedding, but there is something that does not add up. How is it possible that the budget of the first lady office exceeds the allotment in the […]

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News

Mar
12

Africa: 2022 oil, gas market trends, vision and focus

A lack of adequate investment in exploration, production and transmission infrastructure continues to disrupt energy markets growth across Africa, highlighting the need for leading and emerging African hydrocarbon producers to establish capital attractive regimes that can help increase the participation of investors and international majors for industry expansion. In an exclusive interview with the African […]

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Mar
10

UN reports on benefits of digital revolution in Africa

The digital revolution currently underway in Sub-Saharan Africa offers enormous potential for economic growth and agricultural productivity. Coastal countries benefit from fast internet, thanks to undersea cables, and 4G mobile networks are expanding rapidly across the continent. Kenya’s capital, Nairobi, is referred to as the “Silicon Savannah” of Africa because of its buzzing digital economy. […]

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Mar
6

Liberian Vice President talks tourism in Belize

Liberia’s vice president has called for economic cooperation between Liberia and Belize in the tourism Industry. Chief Dr. Jewel Howard-Taylor made the call when she paid a courtesy visit on the Prime Minister of Belize John Briceno on Friday She commended the leadership of Belize for maximizing its potential in the tourism sector. She also […]

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Mar
5

Team-Energy Africa Initiative launched

The African Energy Chamber (AEC), in partnership with the United Nations (UN) Economic Commission for Africa (ECA) and the Secretariat of Sustainable Energy for All (SEforALL), held the soft launch on Thursday for the Team-Energy Africa initiative, aimed at mobilizing private sector financing for accelerated clean energy deployment across Africa. During the launch – which […]

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Mar
2

Ukraine: Liberia moves to ensure its citizens’ safety

Liberia is engaging in frantic diplomatic efforts to ensure the safety and well-being of its citizens in Ukraine, including about 200 students. The Liberian government, through the Ministry of Foreign Affairs, has requested Ukraine’s neighbors, Poland and Hungary, to grant safe passage and humanitarian assistance to Liberians who reach their respective borders fleeing the Ukraine-Russia […]

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Feb
27

African amusement industry to gain from DEAL 2022

African family entertainment centers, theme parks and waterparks operators will stand to gain from the upcoming DEAL 2022 as it will showcase some of the most innovative and creative entertainment concepts. The 28th edition of the show is scheduled to take place at the prestigious Dubai World Trade Center from March 28 to 30. Sharif […]

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Feb
25

IFAD: A call for solutions to address rural poverty

World leaders recently called for urgent and innovative investments to help rural communities in the world’s poorest countries adapt to climate change. Speaking in Rome, Italy at the opening of the annual Governing Council meeting attended by 177 Member States of the UN’s International Fund for Agricultural Development (IFAD), leaders specifically highlighted the vulnerability of […]

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Feb
21

Agreement to promote free movement of goods in Africa

A Memorandum of Understanding (MoU) was last week signed between the African Continental Free Trade Area (AfCFTA) Secretariat and the World Customs Organisation (WCO), aimed at operationalizing the tariff schedules and ensuring additional free and efficient movement of goods in Africa. The MoU was signed in Brussels, Belgium by Wamkele Mene, Secretary-General of the AfCFTA […]

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Feb
18

Sweden: Foreign policy statement for 2022

Sweden’s Minister for Foreign Affairs Ann Linde on Wednesday, February 16 presented the country’s 2022 Statement of Foreign Policy in the parliament, Riksdag. Below is the full text: Mr Speaker, Our security situation is serious. Russia’s increasingly confrontational rhetoric and military activities, both visible and covert, are unacceptable. The heightened Russian military presence at Ukraine’s […]

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Feb
15

Why Africa needs to develop its own financing structures

Africa’s vast oil and natural gas resources represent a critical solution to the continent’s energy crisis and its unprecedented degree of energy poverty. With a population of over 600 million living without access to reliable electricity, and as global pressures increase to transition to cleaner energy sources, fossil fuel financing restrictions hinder the development of […]

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