• 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
13

Ambassador Allen praises French help to Liberia

Liberia’s ambassador to France Dr. C. William Allen has presented his letters of Credence to French President Francois Hollande. The présentation ceremony took place on Tuesday, July 8,  at the Elysee Palace, the seat of the French Presidency. Ambassador Allen said Liberia remains grateful to the people of France for their many support to Liberia during the period of […]

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Jul
8

New deadline to register for EFLA elections

The deadline for the registration of candidates for elections of the new leadership of the European Federation of Liberian Associations (EFLA) has been extended to Saturday to allow for the registration of more candidates. The first deadline was June 30. The elections will be held in Finland on July 25. According to the chairman of […]

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Jul
7

Illiteracy puts Liberia at risk, says Ngafuan

Liberia’s Foreign Minister Augustine Kpehe Ngafuan has warned that if Liberia does not put an end to illiteracy, it will be illiteracy that will put an end to the country. Foreign Minister Ngafuan, who cautioned the nation about the risk of illiteracy, spoke over the weekend when he delivered the commencement convocation speech during the 15th graduation […]

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Jul
6

Ngoma Africa Band to rock German Festival

The popular Ngoma Africa band will be among many acts expected to thrill fans at the 5th International African Festival in Tübingen, Germany. The extravanganza will take place from July 17-20. Ngoma Africa, based in Germany, founded 1993 by bandleader Ebrahim Makunja also known as Kamanda Ras Makunja, is home to a number of talented musicians, including soloist Christian Bakotessa aka […]

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Jul
6

Swedes spend millions on beauty

  Business is booming for the Swedish beauty industry. The revenue from the country’s beauty salons has increased by half a billion kronor since 2008, new statistics show. Swedes spend an increasing amount of money on beauty treatments, such as skin care, hair care, manicures and pedicures. “There’s been an incredible develepment in this industry compared to […]

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Jul
5

Liberia to ratify Kampala convention

Liberia’s Vice President Joseph N. Boakai has reiterated the Liberian Government’s commitment to tackle the situation of Internally Displaced Persons (IDPs) through the ratification of the Kampala Convention. The Kampala Convention is the instrument adopted by the African Union to protect and assist internally displaced persons in Africa. The convention, which was signed by African […]

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Jul
2

World Bank support grows

World Bank Group support to developing countries rose sharply to $61 billion in fiscal year 2014 as the organization prepared for transition to a new operating model, up from $52.6 billion in FY13. “This tremendous ramp-up in demand for our services comes at a time when the Bank has been undergoing the most fundamental change […]

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Jul
1

Climate Change: The race to adapt

In 2015 global policymakers aim to take decisions which may affect the futures of people like Momina. The outcome of the December 2015 UN Framework Convention on Climate Change (UNFCCC) meeting in Paris, new development goals, and the successor to the Hyogo framework on natural hazards will be key. The climate deal will only be […]

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Jun
29

African tourism is backbone for the future

Despite South Africa’s economy facing headwinds, the hospitality sector is poised for further growth in the next five years in the wake of a number of inbound travellers into the African continent, according to a report issued by PwC recently (http://www.pwc.com). Nikki Forster, PwC Leader of Hospitality and Gaming, says: “Although South Africa’s economy has […]

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Jun
26

Dr. Jones: Liberians should think big

The executive governor of the Central Bank of Liberia Dr. Joseph Mills Jones has urged his fellow compatriots to change old habits by working hard and thinking big for growth of the country. “Liberians should roll up their sleeves and work hard by getting to the farms, building factories that will produce. Engage in small business. This will  […]

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