• Fighting money laundering in West Africa

    Sunday, April 21, 2024

    The African Development Bank and the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) on Thursday officially launched a three-year support project to combat money laundering and terrorism financing in their member countries. The project, titled “Capacity Development for Anti-Money Laundering and Countering the Financing of Terrorism in GIABA Member States in Transition,” will […]

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  • Basketball Africa League continues in Egypt

    Thursday, April 18, 2024

    The Basketball Africa League (BAL) today announced the 52 players from 11 countries across Africa, Europe and the U.S. who will compete in the 2024 Basketball Africa League’s (BAL) Nile Conference group phase, which will take place from Friday, April 19 – Saturday, April 27 at the Hassan Mostafa Indoor Sports Complex in Cairo, Egypt*. […]

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  • 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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News

Feb
21

Exploring diversity in innovation

Diversity in innovation is not just a catchphrase – it’s a catalyst for progress. Embracing diverse perspectives propels industries forward by fostering creativity and pushing boundaries. According to global consulting firm McKinsey & Company, companies in the top quartile for both gender and ethnic diversity among their executive teams demonstrate, on average, a 9% higher […]

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Feb
18

Africa dominates list of fastest-growing economies

Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook (MEO) of the continent released on Friday. Overall, real gross domestic product (GDP) growth for the continent is expected to average 3.8% and 4.2% in 2024 and 2025, respectively. […]

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Feb
18

Strategic partnerships to boost Africa’s mining sector

Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has announced several strategic partnerships on the sidelines of the recently concluded 2024 Mining Indaba conference in Cape Town, South Africa to boost Africa’s mining sector, ushering the continent into a new era of growth and prosperity. Since 2014, AFC has invested over US$1billion […]

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Feb
17

Sierra Leone to promote oil potentials at energy forum

Foday B. L. Mansaray, Director General of the Petroleum Directorate of Sierra Leone (PDSL), will promote the country’s upstream opportunities and available blocks at the upcoming Invest in African Energy (IAE) forum in Paris, France on May 14-15. Though considered a frontier exploration market, Sierra Leone features a working petroleum system with four significant discoveries […]

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Feb
15

Five new teams to compete in Basketball Africa League

The Basketball Africa League (BAL) today announced that five new teams and three new countries are among the 12 teams from 12 African countries that will compete in the 2024 BAL season, which will tip off on Saturday, March 9 at SunBet Arena in Pretoria, South Africa.  The 4th BAL season will feature a record […]

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Feb
14

Africa: Fellowship for Sustainability practitioners

Sustainability professionals in Africa are set to benefit from advanced skills, cross-sectoral collaboration and insights into effective investment strategies after Impact Africa Consulting Limited (IACL) launched the Sustainability Practitioners Fellowship for 2024. The fellowship aims to establish a strong network of sustainability practitioners and foster global partnerships for sustained impact as IACL continues to enhance […]

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Feb
14

Ecobank celebrates success of Africa Cup of Nations

As the 34th edition of the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 drew to a thrilling close on Sunday, Ecobank, the leading pan-African banking group, celebrates the remarkable achievements and spirit of unity witnessed throughout the tournament. Jeremy Awori, Chief Executive Officer, Ecobank Group, expressed his delight at the success of the […]

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Feb
9

Tunisia launches refined tool to monitor projects

The African Development Bank (AfDB) Group has launched the Remote, Appraisal, Supervision, Monitoring, and Evaluation (RASME) initiative in Tunis to strengthen the supervision of development projects using cutting-edge processes. RASME, a collaborative effort between the AfDB, the World Bank’s Geo-Enabling for Monitoring and Supervision initiative, and KoBoToolbox , provides real-time digital data-gathering tools that enable […]

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Feb
8

Sweden adopts strategy against organised crime

The Swedish Government has adopted Sweden’s first comprehensive national strategy against organised crime. The strategy serves as a direction for the work against organised crime, with the purpose to reduce vulnerabilities exploited by criminals. The national strategy presents priorities and identifies central actors. Organised crime poses a serious threat to the Swedish society. The deadly […]

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Feb
6

US, Africa Business Summit slated for May in Texas

The Corporate Council on Africa (CCA) is proud to announce that the 2024 U.S.-Africa Business Summit will take placeon May 6-9 in Dallas, Texas. Under the theme “U.S.-Africa Business: Partnering for Sustainable Success.” CCA’s signature event is the premier platform focused on U.S.-Africa trade, investment, and commercial engagement that annually brings together African heads of […]

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