Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has received an AAA domestic credit rating with a stable outlook from China Chengxin International Credit Rating Co. (CCXI). The milestone rating enables AFC to deepen its engagement in China’s vast domestic debt capital markets. It positions the Corporation to tap a new pool of […]
Eritreans in Switzerland held a seminar on January 4 in Geneva, aimed at enhancing organizational capacity and participation in national affairs. The seminar was attended by over 1,500 nationals from across Switzerland. Habtom Zeray, chargé d’affaires at the Eritrean Embassy and Eritrea’s permanent representative to the UN and other international organizations, provided an extensive briefing […]
The Critical Minerals Africa Group (CMAG), an organisation dedicated to advancing responsible sourcing and sustainable development of Africa’s critical mineral resources, has entered a strategic partnership with APO Group, the award-winning pan-African communications consultancy and press release distribution service. This collaboration aims to raise the global prominence of Africa’s critical minerals sector. The partnership will […]
The London-based New African magazine today released its highly anticipated annual listing of the 100 Most Influential Africans of 2024. The list celebrates the achievements and contributions of Africans from various fields and sectors who have made a positive impact on the continent and the world over the past year. One of New African‘s readers likened the Most […]
On Thursday, December 19, Prince Y. Alpha, deputy director of technical services and facility management at Liberia’s National Election Commission, delivered the keynote address at a program to honor teachers and administrators, organized by the Youth Initiative Education Actions for Sustainable Development-Liberia. The program was held in Paynesville, Liberia. Below is the full text of Alpha’s speech: It […]
By Martin C. Benson Education is the foundation upon which the future is built, says an official of the National Elections Commission (NEC) of Liberia. Speaking Thursday at an awards program in Paynesville, Liberia, Prince Y. Alpha, NEC’s deputy director for technical services and facility management, noted that education “is the beacon of hope that […]
African Export-Import Bank (Afreximbank) and Ecobank Group have embarked on a collaboration aimed at simplifying trade and compliance for businesses in Africa by integrating Ecobank’s Single Market Trade Hub and Afreximbank’s MANSA Digital Repository Platform. With the collaboration, African businesses will benefit from seamless shared services across the two platforms, with users of the Single […]
The African Development Bank (AfDB) Group has approved loans totaling €139.68 million to support youth employment and entrepreneurship in Côte d’Ivoire, targeting key sectors with high job creation potential. The loan comprised of €126.32 million from the bank’s commercial development window and €13.36 million from its concessional lending arm, the African Development Fund, will help […]
By NJ Ayuk, Executive Chairman, African Energy Chamber I’ve said for years that African energy is a vital investment. Backers clearly agree — to the tune of USD47 billion. That’s how much capital expenditure (capex) 2024 saw in African oil and gas, showing a 23% increase from last year. Better yet, we expect growth to […]
The Africa Investment Forum 2024 Markets Days has recorded a total of $29.2 billion in new investor interests after three days of boardroom discussions in Rabat, Morocco. The Chair of the Africa Investment Forum, President of the African Development Bank, Dr Akinwumi A Adesina, described this latest total as “truly outstanding” and added that this […]