• OPEC participates in African energy forum

    Thursday, April 18, 2024

    The director of research of the Organization of Petroleum Exporting Countries (OPEC) Ayed S. Al-Qahtani will deliver a keynote address at the upcoming Invest in African Energy (IAE) 2024 forum in Paris, France affirming the importance of African oil supplies in global affairs.   Home to six OPEC member countries, the African continent is playing a […]

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  • Bahamas hosts AfriCaribbean trade forum

    Friday, April 12, 2024

    Bahamas and African Export-Import Bank (Afreximbank) today signed the Agreement for The Bahamas to host the 31st Afreximbank Annual Meetings (AAM) and the third edition of the AfriCaribbean Trade and Investment Forum (ACTIF). The AAM will be held in Nassau, The Bahamas, from June 12-14. Professor Benedict Oramah, President and Chairman of the Board of Directors, […]

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  • Africa: Major expansion of projects and investment

    Monday, April 8, 2024

    Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, has announced its most impactful year to date, with unprecedented expansion of projects and investments spanning energy, transportation, mining, food, textiles and climate resilience. Underpinning robust growth in earnings and total assets, AFC successfully navigating the global geopolitical, inflationary and debt distress challenges of 2023 to […]

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  • Rugby’s pathway to Africa’s future

    Friday, April 5, 2024

    By President of Rugby Africa, Herbert Mensah Saturday April 6 marks International Day of Sport for Development and Peace. As we reflect on this day, it is crucial to explore the potential impact of sport in Africa. The African Development Bank projects that Africa is set to grow to 2.4 billion people by 2050. Therefore, […]

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  • GABI plans flagship event in New York

    Tuesday, April 2, 2024

    Building on the resounding success of its flagship event, Unstoppable Africa in 2022 and 2023, the Global Africa Business Initiative (GABI) plans to convene leaders from business, government and the United Nations in 2024. Unstoppable Africa will return to Cipriani’s in New York on September 25 and 26 on the sidelines of the 79th session of the UN […]

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News

Mar
24

Ecobank in big win at Global Finance Awards

Ecobank, the leading Pan-African Banking Group, has won five prestigious awards at the Global Finance Treasury & Cash Management Awards 2022, including Africa’s Best Bank for Cash Management and Africa’s Best Provider of Short-Term Investments/Money Market Funds. In addition, Ecobank Cameroon, Ecobank Côte d’Ivoire and Ecobank Kenya were all named Best Treasury & Cash Management […]

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Mar
21

Kuwaiti company to provide services at Liberian airport

The Liberia Airport Authority has awarded an exclusive ten-year ground handling management contract to Kuwait-based National Aviation Services (NAS), the fastest growing aviation services provider in the emerging markets. Under the terms of the cooperation, NAS will provide comprehensive ground handling services at the Roberts International Airport (ROB) airport in Liberia. This includes passenger handling, […]

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Mar
17

Africa: New payment service launched in 19 countries

United Bank for Africa (UBA) and leading Pan-African payments company Cellulant have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA operates. These countries include  Nigeria, Ghana, Kenya, Côte d’Ivoire, Zambia, Tanzania, Uganda, Republic of Benin, Burkina Faso, Cameroon, Chad, Congo, the Democratic Republic […]

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Mar
14

Global arms trade falls slightly

International transfers of major arms saw a slight drop between 2012–16 and 2017–21 (–4.6 per cent). Nevertheless, exports by the United States and France increased substantially, as did imports to states in Europe (+19 per cent), East Asia (+20 per cent) and Oceania (+59 per cent). Transfers to the Middle East remained high, while those to […]

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Mar
12

Africa: 2022 oil, gas market trends, vision and focus

A lack of adequate investment in exploration, production and transmission infrastructure continues to disrupt energy markets growth across Africa, highlighting the need for leading and emerging African hydrocarbon producers to establish capital attractive regimes that can help increase the participation of investors and international majors for industry expansion. In an exclusive interview with the African […]

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Mar
10

UN reports on benefits of digital revolution in Africa

The digital revolution currently underway in Sub-Saharan Africa offers enormous potential for economic growth and agricultural productivity. Coastal countries benefit from fast internet, thanks to undersea cables, and 4G mobile networks are expanding rapidly across the continent. Kenya’s capital, Nairobi, is referred to as the “Silicon Savannah” of Africa because of its buzzing digital economy. […]

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Mar
6

Liberian Vice President talks tourism in Belize

Liberia’s vice president has called for economic cooperation between Liberia and Belize in the tourism Industry. Chief Dr. Jewel Howard-Taylor made the call when she paid a courtesy visit on the Prime Minister of Belize John Briceno on Friday She commended the leadership of Belize for maximizing its potential in the tourism sector. She also […]

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Mar
5

Team-Energy Africa Initiative launched

The African Energy Chamber (AEC), in partnership with the United Nations (UN) Economic Commission for Africa (ECA) and the Secretariat of Sustainable Energy for All (SEforALL), held the soft launch on Thursday for the Team-Energy Africa initiative, aimed at mobilizing private sector financing for accelerated clean energy deployment across Africa. During the launch – which […]

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Mar
2

Ukraine: Liberia moves to ensure its citizens’ safety

Liberia is engaging in frantic diplomatic efforts to ensure the safety and well-being of its citizens in Ukraine, including about 200 students. The Liberian government, through the Ministry of Foreign Affairs, has requested Ukraine’s neighbors, Poland and Hungary, to grant safe passage and humanitarian assistance to Liberians who reach their respective borders fleeing the Ukraine-Russia […]

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Feb
27

African amusement industry to gain from DEAL 2022

African family entertainment centers, theme parks and waterparks operators will stand to gain from the upcoming DEAL 2022 as it will showcase some of the most innovative and creative entertainment concepts. The 28th edition of the show is scheduled to take place at the prestigious Dubai World Trade Center from March 28 to 30. Sharif […]

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