President of the African Development Bank (AfDB) Group Dr. Akinwumi Adesina has appealed to leaders in Nigeria and across Africa to make poverty history as he outlined a compelling case for welfarist policies and people-centered development. “Given the high levels of poverty in Africa, and Nigeria, what is needed are welfarist policies that exponentially expand opportunities […]

In a bid to safeguard foreign exchange reserves in the region, the Bank of Central African States (BEAC) imposed stricter rules on currency transfers and payments in January 2022 – a move it has been unwilling to reverse despite opposition by energy stakeholders and leaders. Recent regulation significantly impacts dollar-dominated industries – such as the […]

The Global Black Impact Summit (GBIS) on Tuesday featured panel discussions on Media Representation, Marketing and Storytelling and Nurturing Future Leaders – Empowering Black Youth for Excellence. The sessions provided insight into the role media and education play in advancing inclusivity worldwide. During the media panel, speakers explored the impact representation has on perceptions of […]

By NJ Ayuk, Executive Chairman, African Energy Chamber On Monday morning, February 4, many of us woke to the news of the tragic passing of Namibian President Hage Geingob. The death of this great man and remarkable leader is a tremendous loss. The African Energy Chamber extends our deepest sympathies, both to President Geingob’s family […]

Diversity in innovation is not just a catchphrase – it’s a catalyst for progress. Embracing diverse perspectives propels industries forward by fostering creativity and pushing boundaries. According to global consulting firm McKinsey & Company, companies in the top quartile for both gender and ethnic diversity among their executive teams demonstrate, on average, a 9% higher […]

Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook (MEO) of the continent released on Friday. Overall, real gross domestic product (GDP) growth for the continent is expected to average 3.8% and 4.2% in 2024 and 2025, respectively. […]

Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has announced several strategic partnerships on the sidelines of the recently concluded 2024 Mining Indaba conference in Cape Town, South Africa to boost Africa’s mining sector, ushering the continent into a new era of growth and prosperity. Since 2014, AFC has invested over US$1billion […]

Foday B. L. Mansaray, Director General of the Petroleum Directorate of Sierra Leone (PDSL), will promote the country’s upstream opportunities and available blocks at the upcoming Invest in African Energy (IAE) forum in Paris, France on May 14-15. Though considered a frontier exploration market, Sierra Leone features a working petroleum system with four significant discoveries […]

The Basketball Africa League (BAL) today announced that five new teams and three new countries are among the 12 teams from 12 African countries that will compete in the 2024 BAL season, which will tip off on Saturday, March 9 at SunBet Arena in Pretoria, South Africa.  The 4th BAL season will feature a record […]

Sustainability professionals in Africa are set to benefit from advanced skills, cross-sectoral collaboration and insights into effective investment strategies after Impact Africa Consulting Limited (IACL) launched the Sustainability Practitioners Fellowship for 2024. The fellowship aims to establish a strong network of sustainability practitioners and foster global partnerships for sustained impact as IACL continues to enhance […]