• 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

Jun
11

Nigerian tax authorities adopt tougher line

  A growing focus on promoting sound corporate governance and enforcing regulatory compliance from the Nigerian government, paired with growing foreign investor interest in the country, is driving interest in enterprise business applications in Nigeria. That’s according to Magnus Nmonwu, Regional Director for Sage West Africa, who says that Nigeria’s government and tax authorities are […]

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Jun
9

Ngafuan: Elect nationalist, goal-getter in 2017

Liberia’s Foreign Minister Augustine Kpehe Ngafuan says in the 2017 elections Liberians should elect a leader who is a goal-getter and nationalist, someone with a solid record of performance. Speaking recently in London, the UK at the induction ceremony of new leaders of the Union of Liberian Organizations in the United Kingdom (ULO – UK), Minister […]

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Jun
8

Partnership to promote African entrepreneurship

Hilde Schwab, Co-Founder and Chairperson of the Schwab Foundation for Social Entrepreneurship, and Precious Moloi-Motsepe, Co-Founder and Deputy Chairman of the Motsepe Foundation, announced a three-year, 1 million Swiss franc partnership at a press conference on the opening day of the World Economic Forum on Africa recently. The objectives of the partnership are to advance […]

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Jun
8

Liberian Legends host football tourney in US

After spending their youthful days flying the colors of the Liberian national football team, a number of former football stars now called the Liberian Legends still have their nation at heart and are hosting a tournament this Saturday in Columbia, Maryland to raise funds to support the game in the West African country. Eight teams from four American […]

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Jun
7

Boost investment in Africa’s energy

African governments, investors, and international financial institutions must significantly scale up investment in energy to unlock Africa’s potential as a global low-carbon superpower. That is the main message of a new report from Kofi Annan’s Africa Progress Panel, Power, People, Planet: Seizing Africa’s Energy and Climate Opportunities. The report, issued recently, calls for a ten-fold increase […]

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Jun
6

World leader in sexual liberation and … rape

  Reportage rate could be as low as 10 percent while the annual number could be as high as 5,000.Denmark is often singled out for praise when it comes to achievements of gender equality and sexual liberation. Championed as a liberal paradise, issues of rape and sexual violence rarely reach the forefront of political debate. […]

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Jun
4

Consulate creates problems for Liberians

If you are a Liberian residing in the United States, and in need of Liberian travel documents to fly out of the country at a short notice, the Liberian consulate at 866 United Nations Plaza, New York City, isn’t the place to go. That’s because, operation at the consulate is marred by red-tape bureaucratic procedures […]

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Jun
3

African infrastructure network launched

Top global and African Chief Executive Officers Tuesday launched a Continental Business Network (CBN) to fast-track high-level private sector investment into Africa’s regional infrastructure. The launch of the CBN on the side-lines of the World Economic Forum on Africa in Cape Town, South Africa, is the mandated follow-up and implementation of recommendations emanating from the Dakar […]

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Jun
2

Liberian government submits $604m budget

Liberia’s Finance and Development Planning Ministry on Tuesday presented the 2015/2016 Draft National Budget in the tune of US$604 million to the Speaker of the House of Representatives, J. Alex Tyler. Presenting the budget, Deputy Finance Minister for Fiscal Affairs Dr. James Kollie, expressed the hope that the legislators will peruse it, make their input and subsequently pass […]

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Jun
1

South Sudan food crisis deepens

Through 17 months of conflict, tens of thousands of people have been killed in South Sudan and two million more displaced. Schools, health centres and markets have been looted and destroyed. It took a $1.8 billion humanitarian response last year for the country to avoid a famine. And it’s about to get even worse. At […]

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