• 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

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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Feb
25

IFAD: A call for solutions to address rural poverty

World leaders recently called for urgent and innovative investments to help rural communities in the world’s poorest countries adapt to climate change. Speaking in Rome, Italy at the opening of the annual Governing Council meeting attended by 177 Member States of the UN’s International Fund for Agricultural Development (IFAD), leaders specifically highlighted the vulnerability of […]

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Feb
21

Agreement to promote free movement of goods in Africa

A Memorandum of Understanding (MoU) was last week signed between the African Continental Free Trade Area (AfCFTA) Secretariat and the World Customs Organisation (WCO), aimed at operationalizing the tariff schedules and ensuring additional free and efficient movement of goods in Africa. The MoU was signed in Brussels, Belgium by Wamkele Mene, Secretary-General of the AfCFTA […]

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Feb
18

Sweden: Foreign policy statement for 2022

Sweden’s Minister for Foreign Affairs Ann Linde on Wednesday, February 16 presented the country’s 2022 Statement of Foreign Policy in the parliament, Riksdag. Below is the full text: Mr Speaker, Our security situation is serious. Russia’s increasingly confrontational rhetoric and military activities, both visible and covert, are unacceptable. The heightened Russian military presence at Ukraine’s […]

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Feb
15

Why Africa needs to develop its own financing structures

Africa’s vast oil and natural gas resources represent a critical solution to the continent’s energy crisis and its unprecedented degree of energy poverty. With a population of over 600 million living without access to reliable electricity, and as global pressures increase to transition to cleaner energy sources, fossil fuel financing restrictions hinder the development of […]

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Feb
13

UN Report: Tourism vital for economic recovery this year

The important role that tourism will play in the recovery of national economies and global trade has been highlighted in the 2022 edition of the World Economic Situation and Prospects (WESP) report by the United Nations. Drawing on data from the World Tourism Organization (UNWTO), WESP underlines the sector’s importance for the world economy and […]

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Feb
11

12 teams for Basketball Africa League this season

The Basketball Africa League (BAL) on Tuesday announced the top 12 club teams from 12 African countries that will compete in the 2022 BAL season, which will tip off Saturday, March 5 at the Dakar Arena in Dakar, Senegal, and will include stops in Cairo, Egypt and Kigali, Rwanda.  In the season opener, Senegal’s Dakar Université Club […]

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Feb
7

Sweden lifts ban on entry from EU/EEA countries

The Swedish Government decided on Monday to lift the entry ban to Sweden from the Nordic countries and other European Union (EU) and European Economic Area (EEA) countries. The decision, which comes into effect on Wednesday, February 9, was made at an extraordinary government meeting. As part of the continuing work to phase out the […]

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Feb
5

Africa Business Forum slated for Monday in Ethiopia

The Economic Commission for Africa (ECA) will host, along with its partners, the flagship initiative, the Africa Business Forum (ABF), on Monday, February 7 on the margins of African Union summit in Addis Ababa, Ethiopia. Bringing together heads of state with CEOs and other stakeholders, the focus of the Forum this year will be Transport – a sector […]

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