• 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

Apr
21

Yaya Toure speaks for Africa

Manchester City and Ivory Coast midfielder Yaya Toure thinks he is not regarded as one of the best players in the world because he is from Africa.  Toure, 30, has 22 goals this season, helping City to win the League Cup and challenge for the Premier League title. Samir Nasri recently said Toure would be […]

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Apr
20

Liberia: Ugandan woman gets 4-year prison sentence

A Ugandan woman convicted for trafficking drug into Liberia a year ago has been sentenced to four years in prison. But Criminal Court Judge Blamo Dixon said that Shirat Nalwadda will serve her sentence in Uganda after he affirmed the jurors’ unanimous guilty verdict. He also ordered that the convict be deported to Uganda through diplomatic channel where she […]

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Apr
20

Norway condemns South Sudan violence

    “Norway condemns the killing and injuring of civilians in South Sudan in recent days. These attacks are clear violations of the Cessation of Hostilities agreement, which both parties to the conflict have signed. Leaders on both sides of South Sudan’s conflict are responsible for bringing an end to the violence and unrest immediately,” […]

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Apr
20

One of Liberia’s finest sons returns home

When Ellen Johnson-Sirleaf first took power after a 2005 post-war elections, she called on Liberian professionals living abroad to return home and help with the building of the war torn nation. Many Diaspora Liberians responded to Sirleaf’s call immediately with some even sending in credentials but never got feedback. Despite the disappointment, scores of professional Liberians continue […]

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Apr
18

Sweden has EU’s lowest long-term unemployment rate

  Sweden has the lowest rate of long-term unemployment in the EU, according to website Europaportalen. Out of the total number of unemployed people in Sweden, just 17.7 percent have been out of work for longer than 12 months. The European average is 47.5 percent. Six out of Sweden’s eight regions, as defined by the EU, […]

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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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