• 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

Apr
15

Global satellitte company seeks W. African partners

  Garmin Southern Africa, a global leader in GPS satellitte techonology, says it is hosting a trade delegation in Accra, Ghana from the 12th to 16th May 2014. The purpose of the trade delegation is to engage with prospective businesses partners in West Africa who have strong distribution and/or reselling capabilities and a proven track record of […]

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Apr
15

Nobody Can Islamise Nigeria

  The Sultan of Sokoto, Alhaji Sa’ad Abubakar III, has said there are no plans to turn Nigeria into an Islamic nation. Abubakar, who is also the President-General, Jamatu Nasril Islam (JNI), made this known at the golden jubilee lecture of the JNI in Kaduna late Sunday. “Nobody can Islamise Nigeria, if Allah wanted he […]

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Apr
14

African innovators vie for prestigious prize

  The African Innovation Foundation (AIF) has announced the 10 finalists of the prestigious Innovation Prize for Africa (IPA) 2014. The ten African innovators have created practical solutions to some of the continent’s most intractable problems, from a domestic waste biogas system to a wafer matrix for paediatric antiretroviral (ARV) drug treatment. Chosen from almost 700 applications from […]

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Apr
14

Nigeria becomes Africa’s biggest economy

Nigeria has “rebased” its gross domestic product (GDP) data, which has pushed it above South Africa as the continent’s biggest economy. Nigerian GDP now includes previously uncounted industries like telecoms, information technology, music, online sales, airlines, and film production. GDP for 2013 totalled 80.3 trillion naira (£307.6bn: $509.9bn), the Nigerian statistics office said. That compares […]

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Apr
13

Lawyers display seized weapons in court

Liberian government lawyers last week presented a consignment of weapons in open court as evidence in their case against 18 Liberians on trial for cross-border attacks into neighboring Ivory Coast in 2011 and 2012. Of the 18 weapons presented in court, the lawyers said five belonged to the seven dead UN peacekeepers, killed as a result of those attacks […]

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Apr
12

Africans keep on scoring goals in Sweden

The second round of the Swedish premiership (the Allsvenskan) last weekend saw African players continue their scoring form. Midfielder Rene Makondele Muzola hit the consolation in the 83rd minute as his side, BK Hacken went down 2-1 to Elfborg in a pulsating affair. This was the Congolese first strike in the new season. Atvidaberg’s Ghananian striker Mohammed Abubakari […]

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Apr
11

The magic of Sweden’s personal ID number

  When I first moved to Sweden, I wondered how I’d ever survive the cold. But I knew little of the real struggle ahead – life in Sweden without a personnummer. Deepti Vashisht explains how a ten-digit number unlocks endless possibilities. Imagine my surprise when I got to Sweden, eager to take those ever-important first […]

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Apr
10

Water is essential for growth- President Sirleaf

  Liberian President Ellen Johnson Sirleaf says  water is an essential source for growth and development and called for sustained partnership to ensure access to clean water globally. She told a gathering of over six hundred participants at the 2014 Global Water Awards Ceremony in Paris, France that governments and investors need a dialogue that will […]

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Apr
9

Nigerian finance minister bags Rockefeller award

Nigeria’s Finance Minister and Coordinating Minister for the Economy Dr. Ngozi Okonjo-Iweala was on Tuesday in New York, USA honored with the prestigious David Rockefeller Bridging Leadership Award alongside Paul Polman, CEO of Unilever and Simao Jatene, governor of the State of Para, Brazil in New York. Okonjo-Iweala and the two others joined a list of high profile personalities such […]

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Apr
9

Central bank governor defends loan scheme

The executive governor of the Central Bank of Liberia (CBL) Dr. Joseph Mills Jones says he holds no apologies for helping Liberians through the CBL’s  loan scheme. The scheme, he said, is meant to buttress the fight of President Ellen Johnson Sirleaf‘s administration against poverty in the country. “What we are trying to do is to provide means whereby […]

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