By S. Karweaye Liberia’s public debt has been on the rise. The country’s public debt stock – what the government owes in total – was about US$2.03 billion at the end of December 2022. Of the US$2.03 billion, domestic debt constituted about US$896.68 million (44.15%) while the external component of the total debt stock constituted […]
The Swedish Government has tasked the Swedish Migration Agency with setting up return centers to house rejected asylum seekers. In these centers, the agency will actively work to motivate the people there to return voluntarily, and will provide advice, guidance and practical support. “Increasing the number of returns is a very important priority for the […]
For the second year running, the Digital Entrepreneurship and Artificial Intelligence Trade Show (known as SENIA in French) took place in Cotonou on May 12 and 13. Attracting almost 1,000 participants, the event reflects Benin’s drive to become a major player in artificial intelligence (AI) in West Africa. The debates and meetings aim at sparking […]
The Deputy Speaker of Uganda’s Parliament Thomas Tayebwa has called for the creation of two permanent seats for Africa at the United Nations Security Council, in renewed calls for the body’s reforms. Speaking at the 63rd Organisation of African, Caribbean, and Pacific States (OACPS) – European Union Joint Parliamentary Assembly on Monday, 26 June in […]
The Africa’s Business Heroes (ABH) Prize Competition, a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy to recognize and uplift African entrepreneurs, has announced the top 50 finalists for its 2023 edition. With a remarkable 27,267 applications, ABH this year has seen the highest number of submissions since its inception in 2019, […]
On the sidelines of the Summit for a New Global Financing Pact in Paris, African leaders, investors and development partners, including the African Development Bank (AfDB) Group, have highlighted their steadfast support for the Alliance for Green Infrastructure in Africa as it advances toward a first close of $500 million for green infrastructure projects in […]
The United States Agency for International Development (USAID) has committed $3 million to the African Water Facility (AWF). The funding will support the preparation of water and sanitation investment projects in Africa, through the provision of grants and technical assistance to African countries and regional economic communities. The African Water Facility, an initiative of the […]
The Board of Directors of the African Development Bank Group has approved a $107.8 million loan to Tanzania to bolster governance and industrial competitiveness and reinforce social inclusion. The budget support loan will underwrite Tanzania’s Economic Competitiveness and Social Inclusion Program (ECSIP), an initiative to drive Tanzania’s sustainable recovery from the effects of the Covid-19 pandemic […]
For too many years, African hospitality leaders have worked incredibly hard to maintain operational standards when critical products are unavailable to be sourced on time due to a myriad of reasons, from changing trade restrictions, poor transport infrastructure, currency fluctuations, and supply chain breakages. This week leaders across the hospitality sector have descended into Nairobi […]
The 29th ordinary session of the Executive Committee of United Cities and Local Governments of Africa (UCLG Africa) took place on June 3rd 2023, at Ciala Resorts in Kisumu, Kenya. The proceedings were led by Mrs. Fatimetou Abdel Malick, President of the Region of Nouakchott (Mauritania) and President of UCLG Africa, in the presence of 12 […]