• Adesina talks Sustainable Development Goals

    Monday, April 29, 2024

    African Development Bank Group President Dr. Akinwumi A. Adesina has emphasized the critical need for significantly increased financing to meet the Sustainable Development Goals (SDGs). Speaking at the Islamic Development Bank’s 50th anniversary celebrations in Riyadh, he highlighted a growing annual financial shortfall of $4 trillion, a gap that threatens to derail efforts to achieve the […]

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  • 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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News

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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Nov
29

Sweden: Current measures to fight Covid-19

This article is about the work of Sweden’s Ministry of Health and Social Affairs in response to the COVID-19 virus. It discusses the current measures in health and social care and health and social care staff. Maximum of eight participants should be normative for all of society The coming weeks are crucial to stop the […]

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Nov
26

Norway increases support for Ethiopian refugees

“I am very concerned about the grave humanitarian consequences of the conflict in the Tigray region in Ethiopia. The civilian population has been severely affected, and thousands of people are being forced to flee every day,” says Norway’s Minister of Foreign Affairs Ine Eriksen Søreide. She adds, “Norway will provide approximately NOK 27 million (about […]

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Nov
23

Trial of Liberian war crimes suspect partially postponed

Switzerland’s Federal Criminal Court has announced that the trial of Liberian war crimes suspect Alieu Kosiah will be partially postponed until the beginning of next year – tentatively in February. The court has decided to only proceed with the preliminary questions and the hearing of the defendant from December 3 to December 11, 2020. The rest of the trial […]

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Nov
21

European Council meets on COVID-19 pandemic

Coordinated crisis responses and deployment of vaccines were two of the issues that Swedish Prime Minister Stefan Löfven discussed when he met other European Union (EU) leaders via a video conference of the European Council on Thursday afternoon. The heads of state and government also considered the negotiations on the EU’s long-term budget. The EU […]

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Nov
18

Online trading becoming more attractive in Africa

By Jay Mawji While the International Monetary Fund acknowledges the damaging recession effects of Covid-19 in Africa, the economic outlook for the continent remains optimistic as the introduction of technologies brings with it accessibility and exposure to economic and personal finance possibilities. The financial knowledge and capabilities in Africa are often misunderstood by many outside […]

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Nov
16

Index highlights decline in African governance

The 2020 Ibrahim Index of African Governance (IIAG), launched today by the Mo Ibrahim Foundation, highlights a decline in African governance performance for the first time since 2010. The 2019 African average score for Overall Governance falls by -0.2 points below that of 2018, registering the first year-on-year score deterioration since 2010. This recent decline […]

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Nov
13

Global commitment to strengthen gender equality

Under the theme “Development Banks as Actors for Change towards Gender Equality,” the African Development Bank’s Director for Gender, Women and Civil Society Vanessa Moungar joined high-level representatives from global financial institutions, the Green Climate Fund (GCF) and UN Women in signing a joint declaration on gender equality to strengthen their commitment at all levels.The declaration […]

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Nov
10

COVID-19: Sweden extends measures for businesses

The Swedish government has announced that several measures taken to support Swedish jobs and businesses through the COVID-19 crisis will be extended. These include short-term lay-offs, deferral of tax payments, reorientation support and turnover-based support to sole traders. The proposals are based on an agreement between the government parties, the Centre Party and the Liberal […]

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