• 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

Oct
14

Nordic, Irish entrepreneurs urge to invest in Africa

The African Development Bank Group’s chief economist Prof Kevin Chika Urama has urged entrepreneurs in Nordic countries and Ireland to make Africa their business and investment destination. Prof Urama, on an official visit to Denmark, Finland, Ireland, Norway and Sweden between 25-29 September, said Africa’s population boom – projected to make it the world’s most […]

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Oct
12

ECOWAS’ campaign for cross-border traders

The ECOWAS Commission, through its Directorates of Trade, Customs Union & Taxation, and Free Movement of Persons & Migration, along with the ECOWAS Gender Development Centre, on Monday, October 9 officially launched an awareness raising campaign on Small Scale Cross Border Trade (SSCBT) for traders, particularly women in the Ghanaian city of Tema. This launch […]

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Oct
10

Easing the negative impacts of migration

The African Development Bank (AfDB) and the International Organization for Migration (IOM) have produced a joint report examining the nexus between humanitarian, peace, development and migration. The report, titled Diaspora Engagement, Climate-Induced Migration and Skills Mobility: A focus on Africa, was discussed in a special session in Abidjan, Ivory Coast held on October 5, the […]

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Oct
6

AfDB, Ecowas Bank enhance regional food security

The African Development Bank (AfDB) Group and the ECOWAS Bank for Investment and Development (EBID) have signed an agreement for a dual currency line of credit comprising $50 million and €50 million to support local agricultural businesses in West Africa. Dr. George Agyekum Donkor, president and chairman of the board of directors of EBID, and […]

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Oct
4

Global Black Impact Summit on scientific pioneers

The Global Black Impact Summit (GBIS) – taking place on November 30-December 1, 2023 in Dubai, powered by the Black Impact Foundation and organized by Energy Capital & Power – serves to celebrate the achievements, contributions and potential of the Black community across a diverse range of industries. The scientific community, in particular, is home […]

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Oct
2

Ruto calls for partnership at US-Africa forum

On the margins of the United Nations General Assembly (UNGA), Invest Africa, a leading pan-African trade and investment platform, hosted a US-Africa Investment Forum at which Kenyan President William Ruto underscored the urgency of addressing climate change as well as Africa’s potential to lead the energy transition. This year, African leaders at UNGA united to […]

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Oct
1

Africa: Free trade area to create many opportunities

“It Is time for Africa to take her destiny in her own hands and to determine her own developmental agenda. However, doing so will not be easy. It will require commitment, courage, and deliberate action. Traders need to seek out new market opportunities rather than the conventional route of turning to markets abroad”. Rallying words […]

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Sep
28

Two African finalists aim for Earthshot Prize

The Earthshot Prize has announced the 15 Finalists for this year’s Prize at the second Earthshot Innovation Summit. The summit is an event held alongside the UN General Assembly, in partnership with Bloomberg Philanthropies, to celebrate and champion innovators focused on solving our most pressing global climate challenges. Out of over 1,100 nominations, the 15 […]

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Sep
25

Africa: Shaping a future of prosperity and innovation

Unstoppable Africa 2023 has concluded, leaving a profound mark on the African continent. The two-day Global Africa Business Initiative (GABI) event aims to boost Africa’s standing in the global economy and establish the continent as the foremost destination for business, trade, and investment. This transformative gathering on the sidelines of the UN General Assembly has not […]

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Sep
24

CDC-Europe has confidence in President Weah

The Coalition of Democracy Change in Europe (CDC-Europe) has expressed complete confidence in the leadership of Liberian President George Weah and endorsed a second term for him. This position was made when the group on September 16 inaugurated its leaders in Antwerp, Belgium after elections during a national convention in August in Paris, France. President […]

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