• $2 million donation to battle coronavirus in Africa

    Wednesday, April 1, 2020

    The Board of Directors of the African Development Bank (AfDB) on Tuesday approved  $2 million in emergency assistance for the World Health Organization (WHO) to reinforce its capacity to help African countries contain the COVID-19 pandemic and mitigate its impacts. The grant, which is in response to an international appeal by the WHO, will be […]

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  • Sierra Leone reports first case of coronavirus

    Tuesday, March 31, 2020

    The Ministry of Health and Sanitation of the Republic of Sierra Leone has reported the country’s first case of COVID-19 or coronavirus. Samples tested at the Military 34 Hospital, and two other accredited laboratories to detect the virus, in the capital Freetown turned out positive on the evening of 30 March 2020. The patient, a […]

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  • Swedish package for jobs and transition

    Tuesday, March 31, 2020

    The Swedish Government, the Centre Party and the Liberal Party are now presenting further measures to alleviate the impact of the coronavirus outbreak on jobs and the economy in Sweden. The ongoing virus outbreak is having a major impact on the Swedish economy and many people have become, or risk becoming, unemployed. To alleviate the […]

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  • EFLA wants Liberians to heed advice of health workers

    Monday, March 30, 2020

    The European Federation of Liberian Associations (EFLA) has called on Liberians at home and abroad, specifically Liberians in Europe, to heed the advice of health practitioners so as to prevent the Coronavirus from wreaking havoc in Liberia and other parts of the world. In a March 30 release, signed by Secretary General Francis Monnoh Mensah […]

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  • Bank launches $3 billion coronavirus fight in Africa

    Friday, March 27, 2020

    The African Development Bank (AfDB) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 (coronavirus) pandemic will have on livelihoods and Africa’s economies.   The Fight Covid-19 Social bond, with a three-year maturity, garnered interest from central banks and official institutions, bank treasuries, and […]

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News

Jan
15

Nigeria’s entrepreneurs key to Africa’s prosperity

United States’ Consul General Claire Pierangelo on Tuesday reiterated the importance of Nigeria’s entrepreneurs to the continued growth of economies in the West African sub-region and the prosperity of the continent. Speaking at a one-day capacity-building seminar for the first cohort of US-sponsored Tony Elumelu Foundation alumni, Ms. Pierangelo noted that population trends in Africa’s […]

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Jan
14

Liberian war crimes suspect re-arrested in France

A Liberian war crimes suspect was arrested again in France on Friday for violating the conditions placed on him after he was released from pre-trial detention. Kunti K., also a naturalized Dutch citizen, was arrested first in September 2018 and placed under pre-trial detention but was released one year later in September last year due […]

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Jan
12

Margaret Award: African businesswomen can apply

The Digital Women’s Day (DWD) launches the call for applications for the Margaret Award, dedicated to business acceleration for women who change the world. Women entrepreneurs or intrapreneurs from Europe and Africa can apply up to February the 2nd. Created in 2013 by DWD and supported by Margaret Hamilton, the Margaret Award highlights big ideas and innovations from […]

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Jan
9

Liberia to put oil blocks on sale

The Liberia Petroleum Regulatory Authority has announced the launch of its next offshore licensing round, expected to commence in April 2020. Nine blocks will be on offer in the Harper basin, one of the last unexplored and undrilled regions offshore West Africa. Geophysical company TGS holds a range of multi-client data across this acreage to […]

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Jan
9

Boon for small and medium-sized African businesses

Africa’s leading Guarantee Institution, African Guarantee Fund (AGF) has received an additional USD 33M financing from German lender KfW Development Bank , in a move that will catapult AGF’s efforts to enable African small and medium-sized enterprises (SMEs) continue to play their critical role in driving Africa’s economy. This new financing comes at a time […]

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Jan
7

EFLA outlines goals for 2020

The president of the European Federation of Liberian Associations (EFLA) has noted that the organization has lined up a set of goals that it hopes to meet in 2020. Mayango C. Arku, in a communication, named the goals as strengthening EFLA financially through dues payments from individual Liberians in the European Diaspora and member associations/ […]

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Jan
6

Essay contest for African college students

The African Organization for Standardization (ARSO), in partnership with AMC Group Africa, is hosting its Continental Essay Competition 2019/2020.  College students are invited to submit an essay to this contest. The competition’s theme is the “The role of standardization in resolving and addressing the socio-economic issues for the refugees, returnees and internally displaced persons and creating durable solutions […]

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Jan
3

Dangote got $4.3 billion richer last year

Aliko Dangote, Africa’s richest man, became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar. The 62-year-old Nigerian businessman and Africa’s most prominent industrialist ended the decade with a net worth of almost $15 billion, making him the 96th wealthiest man in the […]

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Jan
2

The Liberian Swedish Association in 2019

2019 was a successful year for the Liberian Swedish Association (LSA) says its president David Ford. Below, Mr. Ford reflects on the year in a conversation with Nordic Africa News. What were the goals of the administration in your first year? Upon taking over the leadership of the Liberian Swedish Association (LSA) on December 1, […]

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Jan
1

2019: The big year of tech investment in Africa

2019 was the year that dealmaking on the continent got serious. Very serious. In November alone, indeed one specific seven day period in November, investors announced over $400m for various fintechs on the continent, without a doubt the wildest week the sector has ever seen. And no, it wasn’t a flurry of announcements for modest rounds, but […]

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