• AfCFTA: Regional workshops for key stakeholders

    Wednesday, December 4, 2024

    The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, in collaboration with the United Nations Economic Commission for Africa, the Enhanced Integrated Framework (EIF) and governments of Benin, Burkina Faso, Guinea, Mauritania, Niger, Senegal, Togo, organized a series of workshops in the selected countries to promote and assess […]

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  • World’s top arms producers see revenues rise

    Monday, December 2, 2024

    Revenues from sales of arms and military services by the 100 largest companies in the industry reached $632 billion in 2023, a real-terms increase of 4.2 per cent compared with 2022, according to new data released today by the Stockholm International Peace Research Institute (SIPRI). Arms revenue increases were seen in all regions, with particularly […]

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  • Africa discusses growth, trade and investment

    Wednesday, November 27, 2024

    Over 250 Sub-Sovereign government leaders from across Africa met in Kisumu, Kenya, for the the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference. Taking place between the 25th and 27th of November, the event provided a platform for Sub-Sovereign leaders and businesses to discuss how their local governments can attract investments in the region in […]

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  • West African summit calls for regional collaboration

    Saturday, November 23, 2024

    The 2024 West Africa Deal Summit (WADS) concluded on Wednesday, with a call for more regional collaboration to mobilize catalytic capital to address West Africa’s unique socioeconomic challenges. The two-day event attended by over 400 investors, entrepreneurs, government representatives, and thought leaders, focused on building innovative financing mechanisms.  The summit themed “Actions to Deepen Catalytic […]

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  • Africa: True cost of fake electrical goods trade

    Wednesday, November 20, 2024

    Financial pressures in South Africa and across Africa have led to a surge in demand for cheaper products, creating a lucrative market for counterfeiters. This has even extended to electrical goods which have infiltrated between 40% to 80% of markets on the continent, posing a potentially lethal risk to millions of consumers. At best, they […]

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News

Sep
9

London-based charity gives to Liberia’s Ebola effort

The international charity, HIS Church, based in Lincolnshire, the United Kingdom has dispatched three- 40 foot containers to Liberia containing food and non-food items to assist indigent communities throughout the country in the wake of the untold sufferings caused by the Ebola virus outbreak. The items, estimated at $1.4m, are in response to a special […]

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Sep
8

Swedish park withdraws ‘racist’ curtains

The Astrid Lindgren’s World theme park in Sweden has withdrawn curtains it was selling in its gift shop after visitors complained the merchandise depicted scenes of slavery and racism. The curtains (pictured above) featured a seated Pippi Longstocking, Lindgren’s celebrated children’s book character, dressed in a grass skirt and wearing a crown. Standing along side her […]

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Sep
7

Friends of Urey launch Ebola fund drive in US

In a bid to help contain the spread of the Ebola virus, which is raging havoc on the West African country of Liberia, a political action group, Friends of Benoni Urey (FOBU) in the United States, is launching a fund drive to help raise money to assist the Liberian people in the fight against the […]

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Sep
3

Investors, developers to gather in South Africa

As Africa’s demand for power generation continues to outstrip supply, the question of how to finance the future of Africa’s power sector looms large. Prospective investors must fully understand the latest developments in Africa’s finance sector in order to launch successful projects and build long term relationships with local government. Private equity investments into Africa […]

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Sep
1

Kenya Red Cross: Send troops to end clan clashes

Frustrated by a resurgence of intercommunal conflict, Kenya’s top humanitarian official has called on President Uhuru Kenyatta to make good on a threat to deploy the army in perennially restive areas in the country’s northeast. “The head of state is fully aware of this situation,” Abbas Gullet, secretary-general of the Kenya Red Cross Society (KRCS), […]

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Sep
1

President Sirleaf calls for anti-Ebola ambassadors

  Liberian President Ellen Johnson Sirleaf has called on community leaders in Montserrado County to serve as anti-Ebola ambassadors as a way of eradicating the virus. Most of the cases of Ebola in Liberia have been found in Montserrado, the country’s biggest county where the capital Monrovia is situated. President Sirleaf said as community leaders, […]

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Aug
31

Finance statistics program for 5 African countries

The International Monetary Fund (IMF) and the East African Community (EAC) last week launched a collaborative program to improve the compilation and dissemination of Government Finance Statistics (GFS) for Burundi, Kenya, Rwanda, Tanzania, and Uganda. The inaugural workshop was held in Arusha, Tanzania, from August 25-29, 2014. The workshop provided an opportunity for statisticians and economists […]

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Aug
28

Liberians in UK send supplies to fight Ebola

The UK- Liberia Ebola Taskforce established by the Union of Liberian Organizations in the United Kingdom (ULO-UK)  has airlifted the first of two consignments of assorted protective medical supplies to Liberia to assist the Government in the fight to eradicate the deadly Ebola virus from the country. The supply is expected to arrive in Liberia […]

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Aug
27

Liberia Ebola shooting leaves one dead

Titus Kessedy, a young man who was allegedly shot by Liberian soldiers last Wednesday (August 20) was taken back to hospital with severe stomach pains after  Sheaky Kamara, 15, another victim of the shooting, was confirmed dead at another local hospital. Kessedy, 23, was discharged from the Redemption Hospital (where Kamara was anounced dead) last Friday but was later admitted at the […]

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Aug
26

Afriwise launches consulting model

Two well-known lawyers on the African scene, Steven De Backer and Olivier Binyingo, recently launched Afriwise consult to offer clients a more holistic consulting approach and access to genuine on-the-ground expertise in Sub Saharan Africa, with procedures for quality assurance and a strong underlying ethical culture. Having worked together for a number of years, both as […]

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