• Africa’s Business Heroes Prize announces winners

    Sunday, November 26, 2023

    The Africa’s Business Heroes (ABH) Prize Competition, a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy, has named the winners of this year’s competition. The announcement took place during an AR-enabled Grand Finale held in Kigali, Rwanda, which also captivated a global audience through a live broadcast. The top three Africa’s Business […]

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  • African economies face gaps in macroeconomic modeling

    Thursday, November 23, 2023

    African countries still face significant capacity gaps in macroeconomic modeling, despite the huge strides they have made in terms of forecasting, analysis, and effective policy management, a new African Development Bank Group study has found. The report, Benchmark Macroeconomic Models for Effective Policy Management in Africa, was launched in the Ethiopian capital Addis Ababa by the Bank […]

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  • Sweden scales up support to civilians in Sudan

    Tuesday, November 21, 2023

    Through the Swedish International Development Cooperation Agency (Sida), Sweden is providing an additional SEK 149 million to the civilian population in Sudan. This support will help meet growing humanitarian needs resulting from the armed conflict that broke out in April this year. Parts of the support will also go towards food security and protection of […]

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  • A delicate balance of Liberian political ballet

    Sunday, November 19, 2023

    By Alexander Redd, Th.D The recent presidential runoff race between the incumbent President George M. Weah and formidable contender Joseph N. Boakai has indelibly influenced the nation’s political fabric and psyche. The presidential race was full of strategic tactics, betrayals and a touch of dishonesty, creating uncertainty around the country’s future. However, the peaceful environment […]

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  • Africa: Political will needed to industrialize

    Friday, November 17, 2023

    African countries need to show stronger political will to advance industrialization, including the adoption of new policies to promote improved productivity and harness the potential of a growing youth population, delegates attending the 2023 African Economic Conference heard. The three-day conference opened in the Ethiopian capital, Addis Ababa, on Wednesday under the theme “Imperatives for […]

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News

Oct
12

Yaya Toure becomes Nissan global ambassador

Car producer Nissan is proud to announce Yaya Touré, three-time African Footballer of the Year and UEFA Champions League winner, as its newest global ambassador. The Manchester City and Ivory Coast midfielder has agreed to a deal which will see him work alongside Nissan’s global UEFA Champions League and Orange Africa Cup of Nations 2015 partnerships. […]

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Oct
8

Maternal, infant deaths set to rise

Maternal and infant deaths in Liberia and Sierra Leone are set to rise above their current alarming rates as fear of Ebola keeps pregnant women away from hospitals and makes already-scarce health workers reluctant to deliver babies. “At the beginning of the outbreak, health service staff were the ones getting Ebola – many of them […]

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Oct
8

Sweden gives more funds to Ebola fight

Sweden on Tuesday allocated an additional SEK 105 million (about $14.6m) in humanitarian support to efforts aimed at stopping the Ebola epidemic in West Africa. Following a decision by the Swedish International Development Cooperation Agency (Sida), the funds will primarily be given to UN bodies (UNICEF, WHO and WFP) in their joint efforts to fight the epidemic. […]

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Oct
7

Liberia’s Justice Minister resigns

Liberian Justice Minister Cllr. Christiana Tah said she felt a big relief, dumping a big weight off her shoulders Monday as she announced her long-anticipated exit from the government of President Ellen-Johnson-Sirleaf.  The exit came as a blow to the Liberian government currently in the middle of a major health epidemic which has so far […]

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Oct
6

JSE launches new range of African currency futures

South Africa’s Johannesburg Stock Exchange (JSE) today launched the first currency futures which track the exchange rate between the South African Rand and select African currencies. The JSE listed three new currency futures contracts which track the exchange rate between the  South African Rand and the Zambian Kwacha, Kenyan Shilling and Nigerian Naira. Currency futures allow investors […]

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Oct
6

Ambassador Allen presents credentials to UNESCO

Liberia’s Ambassador to France Dr. C. William Allen has presented his credentials to the director general of UNESCO accrediting him as Liberia’s ambassador and permanent delegate to that body. Director General Irina Bokova welcomed Dr. Allen to UNESCO and expressed her concern about the dire Ebola situation Liberia is confronting.  Mrs Bokova committed herself to the […]

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Oct
2

Löfven elected Sweden’s new prime minister

Stefan Löfven, the leader of the Social Democrats, was elected Sweden’s prime minister this afternoon in the Swedish Parliament, with support of his coalition partner, the Green Party. The four parties of the Alliance: the conservative Moderates, the Christian Democrats, the Liberals and the Center party, who had formed the previous center-right government, abstained from […]

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Oct
2

Hard times for UK asylum seekers

Last month, a quiet announcement from UK Home Secretary Theresa May dashed the hopes of thousands of asylum seekers in the UK. A court ruling in April had criticized the very low level of support it gives to those seeking asylum and had given her four months to show how she had calculated that it […]

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Sep
30

Intra-Africa trade key to boosting African economies

While international trade agreements such as AGOA (African Growth and Opportunity Act) and the recently announced Economic Partnership Agreement between European Union and Southern Africa are positive for the continent and should be encouraged, more emphasis needs to be placed on trade partnerships between African countries to drive seamless intra-Africa trade. This is according to […]

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Sep
30

Liberian police officers quarantine ends

About 90 Liberian police officers along with their families have been released from a quarantine put on them after an outbreak of Ebola in the barracks in which they reside in the capital, Monrovia. Among those quarantine for one month in the Police Barracks were high ranking police officers. The wife of one of their officers have earlier […]

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