• 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

Jul
1

Swedish economy doing good, says finance minister

The Swedish economy is on the way up and, according to the forecast, growth will gradually strengthen in the coming years. However, the situation is uncertain, not least because of developments in Greece, says Sweden’s Minister for Finance Magdalena Andersson, presenting the Ministry of Finance’s latest economic forecast at a weeklong political retreat on Tuesday.                         “Looking around […]

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Jun
30

Nigerian telecom company invests $300m in region

MainOne, a leading telecommunications and data services company in West Africa, today celebrated five years of leadership in transforming the region’s Internet landscape. Speaking at a press conference organized to intimate the media on the company’s five year milestone, the Chief Executive Officer, Ms. Funke Opeke, discussed the evolution of the company, initially started as […]

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Jun
30

Dutch business delegation to visit Ebola-hit countries

A Dutch business delegation is expected to visit Liberia, Sierra Leone and Guinea from July 6-9 with possible trade and investment opportunities. The Dutch business delegation will be led by Lilianne Ploumen, Minister for Foreign Trade and Development Cooperation. Ms. Ploumen will travel to Monrovia on July 6, and hold discussions with Liberian President Ellen Johnson Sirleaf, […]

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Jun
29

World Bank loan for Liberia’s electricity

The World Bank Board of Executive Directors on June 24 approved a new US$60 million International Development Association (IDA) credit for the Government of Liberia to help continue to expand affordable electricity services to businesses and households in order to spur economic growth, create jobs, and reduce poverty. The additional financing will support the ongoing Liberia […]

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Jun
28

Ecobank names new group CEO

Ecobank Transnational Incorporated, parent company of the Ecobank Group, the leading pan-African bank with operations in 36 countries across the continent, is pleased to announce the appointment of Ade Ayeyemi as its new Group Chief Executive Officer (GCEO). His appointment is effective from 1 September 2015. Mr Ayeyemi, 52, will replace Albert Essien, who retires […]

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Jun
27

High foreign direct investment in Africa

Although the number of foreign direct investments (FDI) fell by 8.4% in 2014, capital investment into Africa surged to US$128b, a year-on-year increase of 136%, according to the recently released EY 2015 Africa Attractiveness Survey and the average investment increased to US$174.5m per project, up from US$67.8m in 2013. Charles Brewer, Managing Director of DHL […]

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Jun
26

New Arrivals Ministries celebrate 3rd anniversary in Sweden

New Arrivals Holiness Ministries, a church located in Gothenburg, Sweden will observe its third anniversary this weekend. According to information provided by the church, the event which is themed Power, Fire and Light Convention will be held from Friday to Sunday.  Pastor Kehinde Bamiji Isaac, General Overseer of the Covenant Keeping God Evangelical Ministries, will serve as guest […]

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Jun
25

No serious side-effects in Liberia ebola vaccine trials

The 1,500 participants of the recent clinical trials of two vaccines to prevent the Ebola virus have since their inoculation reported no serious side effects, an official has disclosed. Dr. Mark Kieh, who is Site Physician of the Partnership for Research on Ebola Vaccines in Liberia (PREVAIL) at the Redemption Hospital in Monrovia, noted that the […]

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Jun
25

Chinese goods popular in South Africa

“Chinese commodities are of high quality, and we like them very much. My boss asked us to buy the entire exhibition booth of Great Star Industrial and put it in the exhibition hall of our company, so as to recommend the Chinese brand to South African customers.” Jesson from ACDC of South Africa told our […]

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Jun
24

Liberian bush meat trade on again despite ban

‘Liberia doesn’t have Ebola any more so we should be allowed to eat bush meat again.’ ‘We’ve been eating it without any problem for generations.’ These are common refrains in Liberian markets, where the trade in bush meat, a known source of the Ebola virus, has picked up once again. As Liberia approaches its two-month […]

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