• Reshaping Africa’s economic narrative

    Wednesday, February 5, 2025

    The Global Africa Business Initiative (GABI) issued its Unstoppable Africa 2024 Executive Summary today, shedding light on transformative strategies and solutions to reshape Africa’s financial narrative and accelerate economic growth. The report highlights GABI’s call for the development of an inclusive financing model to address Africa’s unique challenges, focusing on concessional financing, attracting private sector […]

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  • African leaders to advance clean cooking solutions

    Sunday, February 2, 2025

    African countries have taken bold commitments to implement clean cooking energy solutions to offset the devastating effects of open fire cooking which kills roughly 600,000 women and children annually across the continent. In energy compacts signed during the Mission 300 Africa Energy Summit, held in Tanzania 27-28 January, 12 African countries signaled their intent to  […]

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  • African Mining Week 2025 to Showcase Projects

    Monday, January 27, 2025

    African Mining Week (AMW) 2025, taking place in Cape Town, South Africa, from October 1-3, will center on the theme, From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth.  The event will highlight initiatives aimed at enhancing Africa’s mineral value chains and promoting local processing to drive economic growth. Research indicates that Africa could generate up to […]

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  • Former Liberian rebel guilty of US immigration fraud

    Monday, January 20, 2025

    Laye Sekou Camara, alleged high-ranking member of the LURD (Liberians United for Reconciliation and Democracy), who was due to stand trial for immigration fraud in Philadelphia beginning on Tuesday, January 21 pleaded guilty on Thursday, January 16 to all four counts of immigration fraud.  Camara is due to be sentenced on May 19 and remains […]

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  • Africa: Renewable energy platform for clean access

    Saturday, January 18, 2025

    PowerGen Renewable Energy (PowerGen) has partnered with leading international investors to establish a scalable, distributed renewable energy platform targeting the deployment of 120 MW of renewable power, including battery energy storage solutions across Africa. The platform is a collaboration between PowerGen and the Private Infrastructure Development Group (PIDG), the Danish Investment Fund for Developing Countries […]

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News

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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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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