• 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
8

Africa’s growth to reach 5.2 percent this year

Economic growth in Sub-Saharan Africa (SSA) continues to rise from 4.7 percent in 2013 to a forecasted 5.2 percent in 2014. This performance is boosted by rising investment in natural resources and infrastructure, and strong household spending, according to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects. […]

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Apr
7

Liberia files protest against Gambia

Liberia filed a protest against Gambia on Sunday after losing 1-0 at home in the first leg of the Confederation of African Football (CAF) U-20 Championship. Liberia Football Association secretary general  Alphonso Armah said the complaint was against five of the Gambian players who Liberia insists are not eligible to play in the competition because […]

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Apr
5

Nordic, African foreign ministers discuss growth

Denmark’s Minister for Foreign Affairs, Martin Lidegaard on Tuesday hosted a Nordic African foreign ministers meeting in Brussels, Belgium together with Carlos Lopes, Executive Secretary of the UN Economic Commission for Africa, to discuss green and inclusive growth in Africa. The meeting focused on new growth opportunities in Africa, including a growing middle class, fast […]

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Apr
5

IMF, CAR agree on financial assistance

An International Monetary Fund (IMF) mission, headed by Mr. Ekué Kpodar, visited Douala, Cameroon, from March 24 to April 2, 2014 to finalize discussions with the Central African Republic (C.A.R.) authorities on an emergency program that could be supported by the IMF’s Rapid Credit Facility (RCF). The mission held discussions with the C.A.R. Minister of […]

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Apr
4

Liberia’s newest music sensation

  Comfort X, born Comfort Makwana Dassin in Harbel, Liberia, placed herself as an immediate contender in the music entertainment industry with her strong, ‘femme’-liberating oriented lyrics. Comfort X’s first released single,  “Mon Cheri CoCo”, proved that this “Liberia’s newest diva” had the intentions to dominate the music scene. “Sex Potion” her first E.P. Album, […]

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Apr
2

African goals in Sweden

Africans struck three times on the opening day of Sweden’s top football championship, the Allsvenkan last weekend. Senegalese striker Malick Mane scored his first ever goal in the Allsvenskan as his new club IFK Goteborg collected a 2-0 win over rivals AIK. Mane banged in the second goal in the 86th minute after coming on as […]

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Apr
2

Uganda president leads anti-gay rally

Ugandan President Yoweri Museveni has led a rally celebrating his country’s new anti-gay laws, saying homosexuality creates grave health problems and that gays have always been regarded as abnormal by Africans. Museveni made the comments on Monday at a “thanksgiving service” organised in the capital Kampala by a coalition of Ugandan religious leaders and government […]

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Mar
31

State lawyer predicts war

  Cllr. Theophilous Gould, one of the state lawyers, has predicted war if a trial jury in Monrovia, the Liberian capital, acquits 18 Liberians charged with carrying out subversive activities in neighboring Ivory Coast. “If you fail to convict the defendants because you feel they are Liberian then Cote d’Ivoire will revenge against Liberia by bringing war”, he […]

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Mar
31

Gee Man to release “Cherry Coco” album

A Liberian recording artist, George Garsua Sikpa, also known as the “Gee Mann” will on Saturday, May 31, 2014  launch his latest CD album “Cherry Coco” in Northeast Philadelphia in Pennsylvania, USA. According to Gee Mann, some of  Liberia’s finest musicians will  perform at  the  program. The artists include Zaye Tete, Friday, the cell phone […]

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Mar
30

UNMIL drawdown to cost Liberia $50m

Liberia’s Finance Minister Amara Konneh last week revealed that it would cost the government of Liberia US$50 million to fill in all necessary gaps when UNMIL drawdown is completed. “While our service sector has been another driving force of economic growth, it is expected  to take a hit as the United Nations Mission in Liberia(UNMIL)draws down […]

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