• 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

Aug
21

Liberian war crimes suspect trial to begin in November

The Federal Criminal Court in Switzerland on Friday announced that the trial of Liberian war crimes suspect Alieu Kosiah will now take place from November 16 to December 18 this year. The trial will be held in the city of Bellinzona, in the south of the country. The trial of Kosiah, a former commander of […]

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Aug
20

African Development Bank honored by small businesses

The Green Cluster of SMEs in the Ivory Coast has awarded the African Development Bank a prize for the best technical and financial partner committed to promoting the green economy and supporting small and medium-sized enterprises (SMEs) toward a low-carbon transition. The prize was awarded on 30 July at the Green Awards, an initiative launched in […]

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Aug
18

We can do better for Liberia

By Alexander Redd During many conversations with fellow compatriots concerning progress in our homeland, they usually paint a bleak picture. They see a country on path of steady decline – instead of gainful progress. They cite incompetent leadership across all functions of societal strata. Common among the list of impediments they often express toward national […]

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Aug
16

Uganda seeks online answers to COVID-19 economic crisis

From banking, to food delivery, and taxi bookings, Uganda is rapidly becoming accustomed to many of the online tools that are commonplace in developed economies, and which don’t rely on face-to-face interactions. The UN is supporting this shift, as a way to help developing economies recover from the global economic crisis brought about by the […]

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Aug
16

Liberia: Chocolate City tournament ends

A week of exciting football and kickball encounters ended on Sunday, August 9 in Chocolate City, a community just outside Monrovia, the capital of Liberia. The tourney was organized by a local group, Beacon All stars to honor Rep Thomas Fallah, who is a ruling party candidate in the December  elections. Liberia’s finance minister Samuel Tweh sponsored the event. Frankie […]

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Aug
14

Meeting the education needs of children in crisis

‘Stronger collective efforts and collaboration are key to meeting the urgent education needs of children and youth affected by crises’: this is the unifying message from leaders and youth advocates brought together by Education Cannot Wait (ECW) and Devex in a high-level, Global Discussion held online on 12 August,  on the occasion of International Youth Day. Over 2,550 […]

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Aug
12

Liberia’s vice president flown to hospital in Ghana

Liberia’s Vice President Jewel Howard-Taylor was on Tuesday flown out of the country to seek additional medical care at a specialist hospital in Accra, Ghana. According to a Press Release from the Office of the Vice President, VP Howard-Taylor was earlier admitted at the Aspen Medical Facility in the Liberian capital, Monrovia on Friday due […]

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Aug
10

Victor Williams named CEO of NBA Africa

The National Basketball Association (NBA) today named Victor Williams (pictured above) CEO of NBA Africa, effective Aug. 17, it was announced by NBA Commissioner Adam Silver. Williams, an accomplished investment banking executive with extensive experience growing businesses across the U.S. and Africa, will be based in the league’s Johannesburg (South Africa) office and report to […]

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Aug
7

300 million euros to African coronavirus response

The European Investment Bank (EIB), the lending arm of the European Union, and the African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, are directing EUR 300m of financing to support the resilience and recovery of African nations in response to the COVID-19 pandemic. The funds will ensure businesses across the continent have the […]

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Aug
7

Excitements in Liberian community tournament

Blocks 1307D and 1307A grabbed crucial wins Thursday to qualify for the next rounds of the Beacon All Star/ Thomas P. Fallah Tournament in Chocolate City, outside Monrovia, the Liberian capital. Sponsored by Liberia’s Finance Minister Samuel D. Tweh, the tournament is organized in honor of Rep.Thomas P. Fallah, the senatorial candidate of the ruling Coalition […]

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