Adesina talks Sustainable Development Goals
African Development Bank Group President Dr. Akinwumi A. Adesina has emphasized the critical need for significantly increased financing to meet the Sustainable Development Goals (SDGs). Speaking at the Islamic Development Bank’s 50th anniversary celebrations in Riyadh, he highlighted a growing annual financial shortfall of $4 trillion, a gap that threatens to derail efforts to achieve the […]
Fighting money laundering in West Africa
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 […]
Basketball Africa League continues in Egypt
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*. […]
OPEC participates in African energy forum
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 […]
Bahamas hosts AfriCaribbean trade forum
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, […]
Africa: Major expansion of projects and investment
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 […]
Rugby’s pathway to Africa’s future
By President of Rugby Africa, Herbert Mensah Saturday April 6 marks International Day of Sport for Development and Peace. As we reflect on this day, it is crucial to explore the potential impact of sport in Africa. The African Development Bank projects that Africa is set to grow to 2.4 billion people by 2050. Therefore, […]
GABI plans flagship event in New York
Building on the resounding success of its flagship event, Unstoppable Africa in 2022 and 2023, the Global Africa Business Initiative (GABI) plans to convene leaders from business, government and the United Nations in 2024. Unstoppable Africa will return to Cipriani’s in New York on September 25 and 26 on the sidelines of the 79th session of the UN […]
Ruto urges Kenyan private sector to sponsor Safari Rally
Kenyan President William Ruto has called on Kenya’s private sector to play a greater role in hosting the World Rally Championship (WRC) Safari Rally. Saying the global event presents huge untapped opportunities for business people, President Ruto asked them to participate and take advantage of the benefits the rally provides. President Ruto pointed out that […]