• Africa could lose $25 billion per year

    Thursday, December 7, 2023

    African Development Bank Group President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalizing value-added exports including steel, cement, iron, aluminium and fertilizers. Adesina said, “With Africa’s energy deficit and reliance mainly on fossil fuels, especially diesel, the implication is that Africa will […]

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  • Weah wins international peace award

    Monday, December 4, 2023

    The International Association of World Peace Advocates (IAWPA) through the office of its International Director, African Affairs, His Eminence, Amb. Dr. John Metchie, yesterday, announced Liberian President, George Opong Weah, as the winner of this year’s International Peace Prize Medal Award 2023. The award is in total appreciation of the just-concluded presidential election in Liberia, […]

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  • $175m pledged for ‘green infrastructure’ in Africa

    Sunday, December 3, 2023

    In a powerful signal of support during COP28, African and global institutions together with governments of Germany, France and Japan and philanthropies have pledged over $175 million to the Alliance for Green Infrastructure in Africa (AGIA). The landmark initial pledge will help to rapidly scale up financing for transformative climate-aligned infrastructure projects across the continent. The […]

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  • How can Africa finance the energy transition?

    Friday, December 1, 2023

    By NJ Ayuk, Executive Chairman, African Energy Chamber From an African perspective, one of the most important things to come out of COP15, the 2009 United Nations Climate Change Conference in Copenhagen, was the formal recognition of the fact that lower-income countries were not in a position to bear as much of the cost of […]

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  • COP 28: Africa urges spotlight on climate finance

    Wednesday, November 29, 2023

     The African Development Bank (AfDB) will mobilize financing for climate action at this year’s UN Climate Change Conference, COP28, and amplify Africa’s calls for robust commitments by wealthy countries to meet the continent’s urgent needs in addressing climate change. The bank group, led by its President, Dr Akinwumi Adesina, will launch and cement several climate […]

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News

Aug
10

Taylor reveals issues facing African lawyers

Liberia’s Vice President Chief Dr. Jewel Howard-Taylor recently addressed this year’s Annual Conference of the African Bar Association (AFBA) in Lilongwe, Malawi emphasizing that the issue of transparency and accountable governance in Africa is more about the total disrespect and disregard of the social contract. She said the social contract which propels governments, organizations, and institutions into […]

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Aug
7

Maximizing accounting platform investment

“It’s not the bottom line, but how the bottom line is calculated, that really counts.” This statement from McKinsey perhaps best sums up the invaluable contribution that a reliable accounting platform can deliver to the business. The company also underscores the value of the right accounting system and approach – it’s the key to really […]

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Aug
2

US: Bong Miners raise funds for medical center in Liberia

The Association of Bong Miners (ABM) Diaspora tops the list of Liberian diaspora organizations giving back to their communities back home in post-war Liberia, especially during this time of need Giving back to Bong Mines is a top priority of the association as evidenced by the numerous assistance it has made since the rebuilding process […]

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Jul
30

Africa Free Trade Area gets $11M support

The African Development Bank Group and the Secretariat of the African Continental Free Trade Area (AfCFTA) have signed a Protocol of Agreement for an $11.24 million support package to enhance the Secretariat’s effective implementation. The signing took place on July 25 on the margins of the ninth meeting of the AfCFTA Council of Ministers responsible […]

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Jul
25

Africa, US hold business summit

The President of the African Development Bank Group Dr. Akinwumi Adesina has given strong assurance to U.S. investors that Africa is a secure, competitive and profitable market for investment. Adesina was speaking on Wednesday at the U.S.-Africa Business Summit in Marrakech, Morocco where he told American investors to see Africa as a logical investment destination […]

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Jul
20

African countries top list of most female business owners

The 2021 Mastercard Index of Women Entrepreneurs (MIWE) has, for the third consecutive year, ranked Botswana (38.5%), Uganda (38.4%) and Ghana (37.2%) as the countries with the most women business owners globally. The Index’s benchmark indicator is calculated as a percentage of total business owners. This is the fifth edition of the MIWE, which puts […]

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Jul
17

Liberia, Ireland to promote trade and democracy

Liberia and Ireland have rekindled their commitment to deepen bilateral cooperation, emphasizing trade and investment as well as driving democratic governance and human rights. Speaking in Dublin, at Aras an Uachtarai ( the official residence and workplace of the Irish president) where she presented her Letter of Credence to Irish President Michael Higgins at a colorful ceremony, […]

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Jul
13

Cape Town becomes global digital nomad destination

Already renowned as a global tourism and investment destination, Cape Town is also becoming one of the best cities in the world for digital nomads. In July 2021 the South African city placed 16th on a list of 71 countries identified by global housing rental platform Nestpick as a mecca for globe-trotting remote workers, besting New […]

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Jul
9

Digital transformation on Africa’s business agenda

Connectivity is an essential part of doing business in the twenty-first century. It touches every aspect of life – and yet, in 2022, approximately only 40% of the African population has access to the internet (Statista). If business in Africa is to compete with the rest of the world, it must urgently address this gap […]

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Jul
5

Youth to play important role in global tourism

The first Global Youth Tourism Summit concluded on July3 in Sorrento, Italy with the launch of the Sorrento Call to Action, a bold and ground-breaking vision for young people to be active participants in tourism’s restart and growth as a pillar of sustainable and inclusive development. The Sorrento Call to Action was adopted on the […]

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