• 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

Nov
5

Sweden reintroduces border controls

The Swedish government has decided to reintroduce controls at Sweden’s internal borders. Border controls will be imposed between November 12 until May 11 next year. Border controls will contribute to national security and help detect threats from potential perpetrators and prevent terrorist attacks. The government assesses that other measures are insufficient against the background of, among other […]

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Nov
4

Foreign investment vital to Africa’s economic growth

By NJ Ayuk Despite the COVID-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments. Look at Uganda’s oil and gas industry. Following multiple petroleum discoveries in Uganda’s Albertine Graben, foreign investments there have reached nearly $20 billion. The resulting projects include a refinery being built […]

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Nov
1

A Liberian school that really needs help

Gbanquelleh Town is a settlement in Bong County in central Liberia. It has a huge problem. And is begging for help. With more than 400 residents, Gbanquelleh has a school, if it can really be called that, with 78 students and just one teacher. The school also serves pupils from five neighboring towns in the […]

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Nov
1

Banding together is only way Africa will beat COVID-19

By Dr. John Nkengasong and African Union Commissioner Amira Elfadil Mohammed Elfadil) Everyone knows by now that due to a combination of leadership, environment, social ecology, demographics and as yet unknown biological and other factors, Africa has been spared the worst of the havoc that COVID-19 has wreaked on other parts of the globe and […]

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Oct
28

Egyptian entrepreneur wins Africa’s Anzisha Prize

With a pool of talented finalists from more than 15 African countries, the 2020 Anzisha Prize – the premier award for Africa’s youngest entrepreneurs – goes to Alaa Moatamed, a  young female entrepreneur whose venture provides business owners with an affordable and convenient delivery service for customers. EdTech entrepreneur Matina Razafimahefa, 22, from Madagascar emerged as […]

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Oct
26

Ghana gets $785 million in foreign investment

Ghana has recorded total investments of US$869.47 million, with total foreign direct investment (FDI) value amounting to US$785.62 million between January to June 2020 as FDI inflow showed rare strength in the final moments of the second quarter of the year, undeterred by the Covid-19 pandemic. The total FDI of US$785.62 million represents investment recorded […]

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Oct
24

Project to develop surf tourism in Liberia

One of the main attractions of Liberia is its coastal tourism product. In recent years, several initiatives have been undertaken to develop and diversify Liberia’s tourism product, based on the country’s natural and cultural heritage. In particular, surf tourism has been identified as a niche market that has a high growth potential in the country, […]

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Oct
22

COVID-19: Sweden extends temporary entry ban

To mitigate the effects of the spread of COVID-19, a temporary ban on entry to the EU via Sweden is in force. The Swedish Government today decided to extend the entry ban until 22 December 2020. The COVID-19 virus is a matter of international concern that requires cross-border cooperation and coordinated measures. Today’s decision is […]

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Oct
20

More investment needed to end rural hunger, poverty

Ten African Heads of State have issued a strong call to other world leaders to increase their funding to the International Fund for Agricultural Development (IFAD) or risk jeopardizing Sustainable Development Goal targets for eradicating poverty and hunger, particularly in Africa. “We share IFAD’s vision of vibrant rural communities where people live free from poverty […]

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Oct
18

Women group ends anti-rape campaign in central Liberia

Women Empowerment Forum Liberia ended its anti-rape awareness campaign recently with a program in the central part of the West African country. Under the theme, Knowing The Danger of Rape, the program was held in Gbanquelleh Town located in the Sanoyea district of Bong County and was attended by people from the town and other […]

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