• 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 […]

    Read More
  • 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*. […]

    Read More
  • 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 […]

    Read More
  • 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, […]

    Read More
  • 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 […]

    Read More

News

Dec
20

Liberia can’t just run and print off scads of cash

By Seltue Karweaye In a communication dated December 15, 2019, Liberian President Weah stressed the increasing liquidity needs of the economy, informing the Senate that the current liquidity projection of the CBL, compared with a very low Liberian dollars vault cash position of both the CBL and commercial banks, makes it imperative to infuse additional […]

Read More
Dec
20

Book review: Mystic poet in search of meanings

Reviewed by Nvasekie N. Konneh Poets are inspired and motivated by events, people and places or sometimes by imaginary ideas or thoughts. Some of these could be heroes of political struggle, religions, history, natural phenomenon or the aesthetic values of things around us. The sky, ocean, deep forest, gardens and the list may go on endlessly, […]

Read More
Dec
18

Top 100 arms producers made $420 billion in 2018

Sales of arms and military services by the sector’s largest 100 companies (excluding those in China) totaled $420 billion in 2018, marking an increase of 4.6 per cent compared with the previous year. This is according to new data released today by the Stockholm International Peace Research Institute (SIPRI) in the SIPRI Top 100 ranking. […]

Read More
Dec
17

2023 presidential election will bring change to Liberia

By: Mengistu Eddie Wolokolie Liberians home and abroad, I want to take this time to ask you to join me in 2023, as I seek the highest office in the land. I am as of today, making my intention known that I will run for the president of the Republic of Liberia. I am asking […]

Read More
Dec
17

More funds to education emergencies in Mali, Niger

Education Cannot Wait (ECW) announced on Friday a new US$3.7 million tranche of funding to support education in emergencies responses in the Sahelian nations of Mali and Niger. The new funding will expand support from ECW’s initial US$6 million First Emergency Response grant announced this July. In addressing the deteriorating humanitarian situation in the region, the expanded […]

Read More
Dec
16

Commonwealth, UN to work more closely together

Commonwealth Secretary-General Patricia Scotland and United Nations Deputy Secretary-General Amina Mohammed have formally committed their organisations to work more closely together. The two leaders signed a Memorandum of Understanding Friday at the Commonwealth’s headquarters in Marlborough House, London. The document outlines how the two organisations will work together on pressing global issues such as governance and peace, […]

Read More
Dec
14

Referendum: Liberians should vote against proposition 1

Article 28 is a DESUETUDE— forgotten, worn-out, and an unenforced law; while its proposed amendment, Proposition#1, presents the case of a ‘legal right to do wrong.’ I’m here today with the intent to neither speak for nor against Proposition #1 but rather to help explain not only its limitations but also its attempt to reawaken […]

Read More
Dec
13

Norway wants all countries to benefit from digital tech

Norway will work, in all its development efforts, to ensure that developing countries can benefit from the opportunities offered by innovation and new technology. By making use of digital tools and pursuing targeted policies, it will be possible to reach more of the weakest and most vulnerable groups in society. Minister of Foreign Affairs Ine […]

Read More
Dec
11

IMF approves $213 million for Liberia

The Executive Board of the International Monetary Fund (IMF) on Wednesday approved a four-year arrangement under the Extended Credit Facility (ECF) for Liberia in an amount equivalent to SDR 155 million (60 percent of quota or about US$ 213.6 million) to help the country restore macroeconomic stability, provide a foundation for sustainable growth, and addressing […]

Read More
Dec
11

Climate change: Sweden pushes for clear rules

On 2–13 December, the countries of the world are gathering for the UN Climate Change Conference COP 25 in Madrid under the Presidency of Chile. There the countries will negotiate and decide on future work under the Paris Agreement. In Paris in 2015, the countries of the world agreed on a new global and legally […]

Read More