• 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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  • 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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News

Dec
22

Funds to educate children affected by DR Congo crisis

Responding to the intensifying humanitarian crisis in the Democratic Republic of Congo, Education Cannot Wait (ECW) Friday announced US$22.2 million in catalytic investment grants to accelerate the nation’s education in emergency response. The initial program will run for three years, with the goal of leveraging an additional US$45.3 million in co-financing from national and global […]

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Dec
19

Africa: $25 million to boost energy production

The African Development Bank’s Board of Directors on Monday approved $15 million from the Sustainable Energy Fund for Africa (SEFA) and $10 million from the Clean Technology Fund (CTF) to advance African Renewable Energy Fund (AREF) II’s projects to boost low-carbon energy generation in sub-Saharan Africa. SEFA’s contribution will comprise a package of $10 million […]

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Dec
16

Swedish economy makes stronger recovery

The Swedish economy is showing a stronger recovery than expected during the autumn. The labour market situation has also developed more positively compared with previous assessments. The employment rate is expected to be somewhat higher this year and next year compared with the assessment in the Budget Bill for 2021, while unemployment is expected to […]

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Dec
13

Liberia praised for peaceful conduct of elections

Liberia has been praised for holding peaceful elections on December 8. Made in a recent release, the commendation came from the United Nations in Liberia, the Economic Community of West African States (ECOWAS), embassies of member states of the African Union, the European Union (EU) Delegation and embassies of the EU member states (France, Germany, […]

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Dec
12

Eight winners of the AWIEF Awards

The 6th edition of the Africa Women Innovation and Entrepreneurship Forum (AWIEF) conference and awards held on December 2 and 3 hosted more than 60 African and global thought leaders across business and politics who shared insight and thought leadership. The virtual conference theme this year was, Reimagining business and rebuilding better. The two-day event aimed to explore […]

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Dec
10

Covid-19: Sweden extends business emergency package

The Swedish Government today proposed extending the government credit guarantee program ‘Företagsakuten’ into 2021 so as to cover lending after 31 December. The program is intended to facilitate lending to small and medium-sized companies affected by the pandemic. The Företagsakuten program was launched in spring 2020 as part of the government’s measures to support the […]

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Dec
8

African artists, youth unite in pledge for peace

A pledge to end all forms of violence and set in motion a grassroots civil society campaign to promote peace was launched today by a coalition of community activists, artists, victims of war, academics, business leaders and African youth. Emmanuel Jal, a spokesperson for the coalition and a prominent peace campaigner, said: “We are losing […]

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Dec
7

Liberia: Vote for candidates who put country first

The Emancipation Movement of Liberia (EMOL) has urged eligible Liberian voters to vote for legacy-driven candidates who put country first and have the interests of the Liberian people at heart. Liberians are slated to vote in special senatorial elections and a referendum on Tuesday. In a press release issued by its executive director Jarwinken Wiah […]

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Dec
2

Artificial Intelligence center to open in Africa

Artificial Intelligence (AI) company, Webb Fontaine has announced crucial investments into Africa with plans to open an Artificial Intelligence Research and Development (R&D) Center on the continent. The move aims to answer to an important demand by Governments globally, to implement AI-powered solution for Trade. The R&D Center was announced by Webb Fontaine founder and […]

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Nov
30

FIFA Secretary General talks at World Football Summit

FIFA’s Secretary General Fatma Samoura took part in the closing session of the World Football Summit Live today in a wide ranging discussion that covered disruption, wokeness and the impact of the FIFA Covid-19 Relief Plan on global football. In an interview led by South African broadcaster Carol Tshabalala, Fatma Samoura spoke about the effect the Covid-19 […]

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