At its global summit in Kigali this week, the World Travel & Tourism Council (WTTC), in collaboration with VFS Global, revealed that the African travel & tourism sector could add US$168b to the continent’s economy and create over 18 million new jobs. According to the report, ‘Unlocking Opportunities for Travel & Tourism Growth in Africa’, […]

FIFA’s first female and non-European Secretary General, Fatma Samoura, has been selected as the recipient of the inaugural AWIEF Lifetime Leadership Award. Samoura will be presented with the AWIEF Lifetime Leadership Award at the 9th edition of the annual AWIEF Conference and Awards slated for November 9 and 10 at the Kigali Convention Center in Kigali, […]

The ECOWAS Commission, in partnership with the Nigeria Association of Small and Medium Enterprises (NASME), successfully organized the ECOWAS SME Partnership Conference and Exhibition. This extraordinary gathering, meticulously organized within the context of the implementation of the ECOWAS MSME Charter 2021-2030 and Private Sector Development Strategy, served as a pivotal platform for SME and SMI […]

The African Development Bank has signed a Memorandum of Understanding (MoU), joining global partners to mobilize resources for the Lobito Corridor and the Zambia-Lobito rail line in southern and central Africa. Other signatories included the United States government, the European Commission, the Africa Finance Corporation (AFC), and the host governments of Zambia, Angola and the […]

The Board of Directors of the African Development Bank Group approved a $2.5 million grant to prop some 10,000 small horticultural businesses in Tanzania. The funds, approved on October 19, will come from the Global Agriculture & Food Security Program to support mainly food system service providers in rural areas. The program aims to increase […]

The second day of African Energy Week (AEW) 2023 – organized by African Energy Chamber – featured a roundtable hosted by inter-governmental organization, the International Energy Forum (IEF). The roundtable featured a diverse lineup of industry leaders who examined how Africa can leverage its energy markets to achieve its UN Sustainable Development Goals and COP28 […]

The African Development Bank Group’s chief economist Prof Kevin Chika Urama has urged entrepreneurs in Nordic countries and Ireland to make Africa their business and investment destination. Prof Urama, on an official visit to Denmark, Finland, Ireland, Norway and Sweden between 25-29 September, said Africa’s population boom – projected to make it the world’s most […]

The ECOWAS Commission, through its Directorates of Trade, Customs Union & Taxation, and Free Movement of Persons & Migration, along with the ECOWAS Gender Development Centre, on Monday, October 9 officially launched an awareness raising campaign on Small Scale Cross Border Trade (SSCBT) for traders, particularly women in the Ghanaian city of Tema. This launch […]

The African Development Bank (AfDB) and the International Organization for Migration (IOM) have produced a joint report examining the nexus between humanitarian, peace, development and migration. The report, titled Diaspora Engagement, Climate-Induced Migration and Skills Mobility: A focus on Africa, was discussed in a special session in Abidjan, Ivory Coast held on October 5, the […]

The African Development Bank (AfDB) Group and the ECOWAS Bank for Investment and Development (EBID) have signed an agreement for a dual currency line of credit comprising $50 million and €50 million to support local agricultural businesses in West Africa. Dr. George Agyekum Donkor, president and chairman of the board of directors of EBID, and […]