• 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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  • Ruto urges Kenyan private sector to sponsor Safari Rally

    Monday, April 1, 2024

    Kenyan President William Ruto has called on Kenya’s private sector to play a greater role in hosting the World Rally Championship (WRC) Safari Rally. Saying the global event presents huge untapped opportunities for business people, President Ruto asked them to participate and take advantage of the benefits the rally provides. President Ruto pointed out that […]

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News

Aug
4

Unclear tax systems create accountability vacuum

By Johan Sävström States tax their citizens in order to raise revenue, which is then used to finance public services such as health, education, security and infrastructure. Thus, tax revenue and public spending provide a means of redistributing income and investing in the population. In effect, the system constitutes an unwritten agreement between a state […]

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Aug
1

Digital payment to increase cross-border African trade

Pan-African payments company Cellulant has partnered with Link Commerce, a turn-key B2B eCommerce platform, to avail relevant digital payment options to consumers in Africa; making it possible to purchase goods directly from global retailers online. The number of online shoppers in Africa has surged annually by 18% since 2014, according to a report by UNCTAD. […]

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Jul
29

Over 200 graduate from Ecobank, AU program

Leading pan-African banking group, Ecobank Group and the African Union Development Agency New Partnership for Africa’s Development (AUDA-NEPAD) recently held a virtual graduation ceremony for more than 200 participants of the inaugural Ecobank’s MSME Training for Financing Program. The graduates came from the eight countries in the pilot phase of the MSME Academy: Chad, Côte […]

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Jul
27

Maira: Independence Day is a time to celebrate freedom

The General Manager of the Liberian Agricultural Company (LAC) has congratulated and extended best wishes to citizens of Liberia on the celebration of the country’s 174th Independence Day on July 26. Vijay Maira said independence was achieved because of the sacrifices made by the forefathers. The LAC boss said that this is an occasion to […]

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Jul
26

Sweden: health measures in response to COVID-19

A number of restrictions were lifted in Sweden on 15 July. This is in line with step 3 of the Swedish Government’s plan for modifying and successively lifting the advice and restrictions introduced in response to the COVID-19 pandemic. Despite modifications to the restrictions, it remains important to follow the public guidelines, maintain a safe […]

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Jul
21

Liberia’s independence day to be celebrated in Europe

Liberians living in Europe have lined up a number of activities to celebrate the 174th independence anniversary of their country. The West African nation declared independence on July 26, 1847. The European Federation of Liberian Associations (EFLA), the umbrella entity of Liberian organizations on the continent, will hold programs on Friday and Saturday, July 30 and 31 in Antwerp, Belgium.  The […]

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Jul
19

Africa, India to work closely together after pandemic

The Covid-19 pandemic has provided the impetus for a stronger partnership between India and Africa with potential benefits to both as they build back sustainably after the crisis, experts attending the 16th CII-Exim Bank Digital Conclave on India-Africa Project Partnership affirmed. Speaking at the virtual event’s opening, Subrahmanyam Jaishankar, India External Affairs Minister said the […]

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Jul
16

Trust deficit: The case of Senator Darius Dillion

By Seltue Karweaye Trust is the glue that binds people together. Public trust entails demonstrating transparency, accountability, and competence. However, in Liberia, society’s confidence in transparency, accountability, fairness has plummeted. In short, there is a growing trust deficit between public officials in Liberia and many of the citizens.  We cannot trust public officials to always say […]

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Jul
13

US-Africa Energy Forum holds virtual session

In a bid to drive U.S. investment in the African energy sector, the U.S.-Africa Energy Forum (USAEF) 2021 kicked off on Monday with a virtual session – organized by Energy Capital & Power – featuring petroleum ministers from Republic of the Congo and Equatorial Guinea along with leading energy and finance industry leaders. Under the […]

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Jul
11

Chances for private sector in Africa’s climate agenda

A recently published African Development Bank scoping study on implementing NDCs in Africa recommends that development financial institutions and other investors focus on high-impact, high-growth potential start-ups that can drive climate-related innovation. The study, NDC implementation in Africa through green investments by private sector – A Scoping Study, was produced in partnership with the Fund for African […]

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