Total global military expenditure rose to $1981 billion last year, an increase of 2.6 per cent in real terms from 2019, according to new data published today by the Stockholm International Peace Research Institute (SIPRI). The five biggest spenders in 2020, which together accounted for 62 per cent of global military expenditure, were the United States, China, […]

Sounding a note of optimism at the European Union-Africa Green Investment Forum on Friday, African Development Bank (AfDB) President Dr. Akinwumi A. Adesina reminded global audiences of the continent’s vast opportunities for green growth. “Africa is a huge market offering incredible opportunities. The recovery pathway offers enormous opportunities. Recovery must be green and build climate […]

African Export-Import Bank (Afreximbank), in collaboration with the United Nations Economic Commission for Africa (ECA), the African Development Bank (AfDB) and Making Finance Work for Africa Partnership (MFW4A) released on 15 April the African Trade Finance Survey Report which provides a better understanding of the trade finance landscape across Africa and how it has evolved […]

African leaders last Monday assembled at a global meeting to discuss the status of local pharmaceutical manufacturing on the continent, underscored the need to increase local production of vaccines and therapeutics to achieve greater public-health security. “The production of vaccines and access to vaccines is an absolute priority,” Cyril Ramaphosa, President of South Africa, said […]

“Food production is becoming increasingly difficult, and more people are going hungry. We must focus more strongly on adaptation to climate change. The Government’s new strategy on climate change, hunger and vulnerability will play a part in this,” says Norway’s Minister of International Development Dag-Inge Ulstein. 2020 was one of the three warmest years ever […]

Resilience in the Swedish economy is strong and the recovery will gather strength in the second half of 2021. As activity increases, the labor market will also gain strength. Despite this, the situation remains serious, especially for those whose position in the labor market is weak. This is clear from the county’s finance ministry’s most […]

Liberian forward Amadaiya Rennie has joined Swedish second division side IFK Eskilstuna in a short term deal. Rennie, who signed a contract that runs until July 15, joins from the Egyptian club Haras El Hoodod, according to the website of the club. In 2009, the player moved to Sweden as a 19-year-old to feature for […]

In a historic and united show of solidarity for a continent that contributes only 5% to global emissions, more than 30 heads of state and global leaders committed to prioritize actions that help African countries adapt to the impacts of climate change and “build forward better.” Africa now faces the dual onslaught of climate change […]

The management of the Liberian Agricultural (LAC) on March 27 presented a brand new front-hand loader to its road maintenance department. Welcoming quests during the presentation program, LAC’s Human Resource and Administration Manager Harry M. Attoh said the management will “continue to improve and bring to the LAC management the quality that they deserve as […]

The “Africa’s Business Heroes” (ABH) prize competition, the Jack Ma Foundation’s flagship philanthropic program spotlighting and celebrating Africa’s entrepreneurial talent, opened applications for its third annual edition. Entrepreneurs from all 54 African countries, across every sector, age group, and gender will now be able to submit their applications, in either French and English, for a […]