The African Development Bank Group and the Secretariat of the African Continental Free Trade Area (AfCFTA) have signed a Protocol of Agreement for an $11.24 million support package to enhance the Secretariat’s effective implementation. The signing took place on July 25 on the margins of the ninth meeting of the AfCFTA Council of Ministers responsible […]

The President of the African Development Bank Group Dr. Akinwumi Adesina has given strong assurance to U.S. investors that Africa is a secure, competitive and profitable market for investment. Adesina was speaking on Wednesday at the U.S.-Africa Business Summit in Marrakech, Morocco where he told American investors to see Africa as a logical investment destination […]

The 2021 Mastercard Index of Women Entrepreneurs (MIWE) has, for the third consecutive year, ranked Botswana (38.5%), Uganda (38.4%) and Ghana (37.2%) as the countries with the most women business owners globally. The Index’s benchmark indicator is calculated as a percentage of total business owners. This is the fifth edition of the MIWE, which puts […]

Liberia and Ireland have rekindled their commitment to deepen bilateral cooperation, emphasizing trade and investment as well as driving democratic governance and human rights. Speaking in Dublin, at Aras an Uachtarai ( the official residence and workplace of the Irish president) where she presented her Letter of Credence to Irish President Michael Higgins at a colorful ceremony, […]

Already renowned as a global tourism and investment destination, Cape Town is also becoming one of the best cities in the world for digital nomads. In July 2021 the South African city placed 16th on a list of 71 countries identified by global housing rental platform Nestpick as a mecca for globe-trotting remote workers, besting New […]

Connectivity is an essential part of doing business in the twenty-first century. It touches every aspect of life – and yet, in 2022, approximately only 40% of the African population has access to the internet (Statista). If business in Africa is to compete with the rest of the world, it must urgently address this gap […]

The first Global Youth Tourism Summit concluded on July3 in Sorrento, Italy with the launch of the Sorrento Call to Action, a bold and ground-breaking vision for young people to be active participants in tourism’s restart and growth as a pillar of sustainable and inclusive development. The Sorrento Call to Action was adopted on the […]

mPharma, a pan-African healthcare technology company, has launched a new customer-centric product, Facility Insights, on its proprietary data management and pharmacy transformation tool, Bloom. This product empowers pharmacy owners with tailored data-driven pharmacy insights to solve operational problems and make more informed pharmacy management decisions. Facility Insights is now launched in more than 300 pharmacies across Ghana, Nigeria, […]

As part of the United Nations Multi-Partner Migration Trust Fund (MPTF), the International Trade Centre (ITC) inaugurated in May the very first Trade Information and Border Assistance Office in Guéckédou, Guinea at the border with Sierra Leone and Liberia. The office responds to the concerns of the border community on border formalities: a support direly needed due […]

Russia’s invasion of Ukraine has driven up energy and food prices globally and in Sweden. High inflation and rising interest rates are expected to slow growth in the coming years, says Minister for Finance Mikael Damberg. High inflation and rising interest rates impact household purchasing power and thus private consumption will slow substantially both this […]