• 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
2

Neufville: Liberian students must empower themselves

  Liberian students have been called upon to empower themselves with the tools to give them wisdom and guidance because they are future leaders.   This call was made on Friday March 22 by Venetta Chesson Neufville, finance officer of GIZ Liberia, a German development agency operating in Liberia, when she served as guest speaker […]

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Apr
2

Africa Industrialization Fund gets European investment

The European Investment Bank (EIB) has signed a commitment of $15 million with the SPE Africa Industrialization I Fund (AIF I), a generalist private equity fund targeting primarily growth capital investments in small medium-sized enterprises (SMEs) and mid-market companies mainly in North Africa, with a focus on Egypt, Morocco and Tunisia. The fund’s first closing reached $80 million. […]

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Mar
31

Why Liberian DED holders should not be deported

By James kokulo Fasuekoi in Minneapolis, Minnesota I am a former Associated Press war-photographer and news correspondent and was stationed in Liberia, West Africa for over a decade and from where I also covered war and political upheavals in neighboring Sierra Leone, Guinea and the Ivory Coast during the 90s. Before the outbreak of war in […]

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Mar
29

Norway increases funding for cyclone relief effort

The UN has asked for a substantial increase in funding for the humanitarian response to Cyclone Idai. “The needs are huge. Norway is therefore increasing its support for humanitarian efforts in the wake of the cyclone to a total of NOK 47 million ($5.4m),” says Minister o Foreign Affairs Ine Eriksen Soreide. The damage caused […]

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Mar
29

German-African Energy Forum held in Hamburg

The African Energy Chamber (AEC) has congratulated the German Government and the African-German Business Association on the success of the 13th German-African Energy Forum that took place in Hamburg on March 27 and 28, under the theme “Realizing & Financing Africa’s Energy Revolution”. With a strong focus on the financing of energy projects on the […]

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Mar
28

Liberian war crimes suspect to face trial in Switzerland

After nearly five years of criminal investigation, the Office of the Attorney General of Switzerland (OAG) is presenting for the first time an international criminal law related indictment to the Federal Criminal Court (FCC). The suspect, Alieu Kosiah, is being accused of violations of the laws of war as a member of a military faction […]

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Mar
27

African free trade: Regional integration remains low

The African Continental Free Trade Area (AfCFTA) marks a momentous milestone for Africa but preliminary findings of the upcoming 2019 African Regional Integration Index, released at the on-going Conference of Ministers in Morocco on Saturday, indicate that regional integration in Africa remains low. The Index, known as ARII, was set up to monitor and evaluate […]

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Mar
26

Kelgbeh: Liberia will benefit from Pres. Weah’s UAE trip

Benefits from Liberian President George Weah’s recent trip to the United Arab Emirates (UAE) will be felt in very crucial areas, presidential press secretary I. Solo Kelgbeh has noted. President Weah was in the Mideast country as guest of the Special Olympics hosted there and then held talks with the Crown Prince Mohammed bin Zayed Al Nahyan and investors. Kelgbeh […]

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Mar
25

Football: Africans in Swedish premiership this season

About 60 African players (or players of African descent) will this season play in Sweden’s top football championship, the Allsvenskan, which begins on March 30. Eritrean striker Henok Goitom, who captained AIK to the title last season, will continue in that role.   His teammates include defender Heradi Rashidi of DR Congo, Ghanaian midfielder Enock Adu, […]

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Mar
23

Biracial appearance – the bullying

  “I wish I could have chosen my parents, maybe they will be your parents- if that makes you happy now.”  Words coming out of Martin (12 years old), in a heated and furious argument with his classmate – Fredrik who had just coded the N-word by calling him “sunshine”, Fokumlah Nchungong writes   They were […]

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