• 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

Sep
23

ECOWAS must rethink its military decision on Niger

By Benedict Nyankun Wisseh Recently, in July, the military in Niger staged a successful coup that deposed President Mohamed Bazoum. In its prompt reaction to the coup, leaders of the Economic Community of West African States, the regional bloc also known by the acronym ECOWAS, met in Abuja, Nigeria. After few days of deliberations, they […]

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Sep
21

Cultural heritage as catalyst for economic growth

Cultural heritage stands as a testament to the rich tapestry of human history, offering a window into the stories, traditions, and identities that shape our societies. Beyond its intrinsic value, cultural heritage has emerged as a dynamic force propelling economic growth, fostering community pride, and nurturing identity. There is economic potential inherent in preserving and […]

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Sep
20

24 finalists for AWIEF Awards

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has announced 24 finalists for its 2023 AWIEF Awards. Launched in 2017, the prestigious annual AWIEF Awards is an initiative to recognize, honor and celebrate women entrepreneurs and business owners in Africa across various industry sectors for their achievements and contribution to the continent’s inclusive economic growth […]

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Sep
18

Liberian in French court for crimes against humanity

A former commander of the National Patriotic Front of Liberia (NPFL), only identified as Saturday T., was charged in France on Wednesday for his alleged involvement in crimes against humanity committed during the First Liberian Civil War (1989-1996). The NPFL, led by Charles Taylor during the First Liberian Civil War, was responsible for at least 63,800 […]

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Sep
18

Egypt’s Al Ahly represents Africa in FIBA Cup

2023 Basketball Africa League (BAL) champion Al Ahly of Egypt will participate in the 2023 FIBA Intercontinental Cup (ICC) at Singapore Indoor Stadium in Singapore from Sept. 21-24. Al Ahly will compete in Group A alongside Brazil’s Sesi Franca (BCLA champion) and NBA G League Ignite (NBA G League).   Group B consists of China’s Zhejiang Golden […]

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Sep
17

Liberia: Diaspora group to light up Bong Mines hospital

A contract worth more than $60, 000.00 to purchase and install a 24-kilowatt solar system for the Bong Mines Hospital was signed last month in Monrovia, the Liberian capital. The agreement to re-electrify the hospital, located in Bong County, central Liberia, was reached between the Association of Bong Miners (ABM) and Solar Technology Liberia. Henry J. Carr, […]

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Sep
15

Nigeria: Dambe warriors energize an ancient sport

The Africa Fighters League (AFL) is set to energize the ancient martial art of Dambe through the inception of Dambe Warriors League (DWL) in Nigeria, a groundbreaking collaboration intended to showcase the sport within the country and beyond. Following their purchase of a majority stake in Lost Child Media, a Dambe sports promotion company founded […]

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Sep
14

Korea, Africa pool resources for energy access

The 7th Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference opened in Korea’s second-largest city, Busan, on Wednesday with a strong call for additional resources to help African countries achieve universal access to energy and transform the continent into the breadbasket of the world. The conference is taking place at a time when Africa is facing a plethora […]

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Sep
13

Major African event slated for New York

The Global Africa Business Initiative (GABI), the leading platform for promoting business, trade, and investment across the continent, is pleased to announce the lineup for its flagship event ‘Unstoppable Africa’ on 21-22 September. The two-day event, to be co-convened by the African Union on the sidelines of the United Nations General Assembly in New York, […]

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Sep
6

$1 billion to Africa’s youths for climate finance

African Development Bank (AfDB) President Akinwumi Adesina has announced a new $1 billion fund to accelerate climate financing for Africa’s youth businesses. The additional financing will boost YouthAdapt, a joint initiative between the Bank and the Global Centre on Adaptation. It invites young entrepreneurs and micro, small, and medium enterprises in Africa to submit innovative […]

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