• 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
13

Book review: Cultivating Liberia’s national pride

By Alexander L. Redd Have you ever wondered what it feels like to be genuinely proud of your country? Have you ever felt a deep sense of patriotism? Let me take you on a thrilling journey to the heart of Liberia, a country filled with struggles, victories, and a strong desire for freedom. Welcome to […]

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Nov
13

Popay recognized for its work on payroll solutions

Popay, a leading Pan-African payroll solution provider, has been recognized as a Global Aspirant in the Everest Peak Group Matrix Assessment Report 2023 for Multi-Country Payroll Solutions. The report assesses the capabilities and performance of payroll solution providers on a global scale and positions them as Leaders, Major Contenders, and Aspirants based on their performance.  […]

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Nov
8

Africa highlights food and nutrition security

African Leaders for Nutrition (ALN), a platform for high-level political engagement to advance nutrition in Africa, has joined two crucial forums for advancing policy dialogue on agriculture and nutrition in Africa. ALN representatives attended the commemoration of the 14th Africa Day for Food and Nutrition Security (ADFNS) and 19th Comprehensive Africa Agriculture Development Program (CAADP) Partnership Platform (PP). These platforms […]

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Nov
8

Nigeria joins Africa-Arab trade program

The general secretariat of The Arab-Africa Trade Bridges (AATB) Program, a multi-donor, Inter-regional program, announces the Federal Republic of Nigeria’s official membership in the AATB Program. This pivotal development marks a significant step towards advancing trade and to strengthen economic ties among Arab and African countries.  An essential element of the AATB Program is to […]

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Nov
4

Africa: Tourism could create 18 million jobs

At its global summit in Kigali this week, the World Travel & Tourism Council (WTTC), in collaboration with VFS Global, revealed that the African travel & tourism sector could add US$168b to the continent’s economy and create over 18 million new jobs. According to the report, ‘Unlocking Opportunities for Travel & Tourism Growth in Africa’, […]

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Nov
2

FIFA scribe to receive AWIEF Lifetime Leadership Award

FIFA’s first female and non-European Secretary General, Fatma Samoura, has been selected as the recipient of the inaugural AWIEF Lifetime Leadership Award. Samoura will be presented with the AWIEF Lifetime Leadership Award at the 9th edition of the annual AWIEF Conference and Awards slated for November 9 and 10 at the Kigali Convention Center in Kigali, […]

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Oct
31

ECOWAS sets new strategies for business success

The ECOWAS Commission, in partnership with the Nigeria Association of Small and Medium Enterprises (NASME), successfully organized the ECOWAS SME Partnership Conference and Exhibition. This extraordinary gathering, meticulously organized within the context of the implementation of the ECOWAS MSME Charter 2021-2030 and Private Sector Development Strategy, served as a pivotal platform for SME and SMI […]

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Oct
28

Raising funds for African railway

The African Development Bank has signed a Memorandum of Understanding (MoU), joining global partners to mobilize resources for the Lobito Corridor and the Zambia-Lobito rail line in southern and central Africa. Other signatories included the United States government, the European Commission, the Africa Finance Corporation (AFC), and the host governments of Zambia, Angola and the […]

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Oct
23

Tanzania: Small farmers get $2.5m grant

The Board of Directors of the African Development Bank Group approved a $2.5 million grant to prop some 10,000 small horticultural businesses in Tanzania. The funds, approved on October 19, will come from the Global Agriculture & Food Security Program to support mainly food system service providers in rural areas. The program aims to increase […]

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Oct
19

Advancing sustainable investment in Africa

The second day of African Energy Week (AEW) 2023 – organized by African Energy Chamber – featured a roundtable hosted by inter-governmental organization, the International Energy Forum (IEF). The roundtable featured a diverse lineup of industry leaders who examined how Africa can leverage its energy markets to achieve its UN Sustainable Development Goals and COP28 […]

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