• 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

Apr
30

Green energy central to sustainable development

For many African governments facing numerous challenges, green energy solutions may not be at the top of their priority list. However, without a focus on clean energy the UN’s Sustainable Development Goals will be difficult to achieve in African countries, according to Sweden-based Nordic Africa Institute guest researcher Opeyemi Esther Akinyemi.   Many sub-Saharan African countries […]

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Apr
29

Global military spending grows to $1.8 trillion

Total global military spending rose for the second consecutive year in 2018, to the highest level since 1988—the first year for which consistent global data is available. World spending is now 76 per cent higher than the post-cold war low in 1998. World military spending in 2018 represented 2.1 per cent of global gross domestic product […]

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Apr
28

Football tourney to raise funds for cyclone victims

The ‘Africa Challenge Cup’ football tournament will be a major networking event for all participants of the Africa Energy Forum (AEF) taking place on 10th June at the Os Belenenses, Estádio do Restelo in Lisbon, Portugal, to raise funds for victims of Cyclone Idai, one of the worst storms on record to ever hit the African continent […]

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Apr
26

Nominees sought for African women business awards

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has announced the hosting of the 3rd edition of the AWIEF Awards. The annual AWIEF Awards is Africa’s most prestigious awards event designed to highlight and celebrate the achievements of women entrepreneurs and business leaders who contribute to the transformation and development of Africa’s economy, creating jobs and […]

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Apr
26

Liberia: President Weah’s tough choices

By Seltue R. Karweaye (s.karweaye1668@student.tsu.edu) Liberia is a nation of over 4.7 million people with one of the lowest electricity access rates in the world (at approximately 12%, USAID). Ethnic, religious and political issues have skyrocketed to an all-time high. Infant and maternal mortality are among the highest in the world. Education and health systems […]

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Apr
23

Tough Easter weekend for African strikers in Sweden

Liberian-born striker Peter Wilson was the only African to hit the net in the 4th round of the Swedish football championship, the Allsvenskan, during the Easter weekend. Wilson provided the consolation when his club Sundsvall lost to Kalmar 2-1.  Two other Africans were involved in the making of goals. Eritrean forward and AIK captain Henok […]

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Apr
22

African First Ladies, Merck discuss women empowerment

Merck Foundation, the philanthropic arm of Merck KGaA Germany, staged the Merck Foundation First Ladies Initiative (MFFLI) Summit in Bujumbura, Burundi from March 30 to April 1.  The event was attended by 15 African First Ladies to discuss the strategy to break the stigma of infertility and empower women and girls in education. Prof. Dr. Frank Stangenberg Haverkamp, Chairman of […]

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Apr
18

Liberia, Niron sign Guinean iron ore export deal

  Liberia and UK-based Niron Metals have signed a Memorandum of Understanding regarding the passage through Liberia of iron ore from the Zogota iron ore deposit in the Republic of Guinea.    The MOU relates to the use of existing rail and port infrastructure in Liberia. The signing of the MOU follows the joint vision […]

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Apr
18

US to invest $1 billion in African women

  David Bohigian, Acting President and CEO of the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, and Advisor to the President Ivanka Trump announced on Tuesday the launch of OPIC’s 2X Africa initiative to support investment in women in Africa.   The announcement was made during a U.S. Government delegation to the country.   […]

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Apr
16

Football: More African goals in Sweden

African players were on the score-sheet in seven of the eight matches of Sweden’s top football league, Allsvenskan, played over the weekend. Nigerian forward Samuel Nnamani grabbed an 80th minute equalizer as Eskilstuna held Orebro to a 1-1 draw while his compatriot, right back Godswill Ekpolo struck from close range as Hacken walloped Falkenberg 3-0. […]

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