• Reshaping Africa’s economic narrative

    Wednesday, February 5, 2025

    The Global Africa Business Initiative (GABI) issued its Unstoppable Africa 2024 Executive Summary today, shedding light on transformative strategies and solutions to reshape Africa’s financial narrative and accelerate economic growth. The report highlights GABI’s call for the development of an inclusive financing model to address Africa’s unique challenges, focusing on concessional financing, attracting private sector […]

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  • African leaders to advance clean cooking solutions

    Sunday, February 2, 2025

    African countries have taken bold commitments to implement clean cooking energy solutions to offset the devastating effects of open fire cooking which kills roughly 600,000 women and children annually across the continent. In energy compacts signed during the Mission 300 Africa Energy Summit, held in Tanzania 27-28 January, 12 African countries signaled their intent to  […]

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  • African Mining Week 2025 to Showcase Projects

    Monday, January 27, 2025

    African Mining Week (AMW) 2025, taking place in Cape Town, South Africa, from October 1-3, will center on the theme, From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth.  The event will highlight initiatives aimed at enhancing Africa’s mineral value chains and promoting local processing to drive economic growth. Research indicates that Africa could generate up to […]

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  • Former Liberian rebel guilty of US immigration fraud

    Monday, January 20, 2025

    Laye Sekou Camara, alleged high-ranking member of the LURD (Liberians United for Reconciliation and Democracy), who was due to stand trial for immigration fraud in Philadelphia beginning on Tuesday, January 21 pleaded guilty on Thursday, January 16 to all four counts of immigration fraud.  Camara is due to be sentenced on May 19 and remains […]

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  • Africa: Renewable energy platform for clean access

    Saturday, January 18, 2025

    PowerGen Renewable Energy (PowerGen) has partnered with leading international investors to establish a scalable, distributed renewable energy platform targeting the deployment of 120 MW of renewable power, including battery energy storage solutions across Africa. The platform is a collaboration between PowerGen and the Private Infrastructure Development Group (PIDG), the Danish Investment Fund for Developing Countries […]

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News

Mar
11

Basketball Africa League begins 4th season

The 2024 Basketball Africa League (BAL) season tipped off this weekend with a sold-out crowd on Saturday at the SunBet Arena in Pretoria, South Africa. In the Kalahari Conference group phase opener, first time participant Morocco’s FUS Rabat beat Angola’s Petro de Luanda 82-73 two-time BAL finalist, with four FUS players scoring in double figures. In […]

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Mar
10

To tackle poverty, Africa needs welfarist policies

President of the African Development Bank (AfDB) Group Dr. Akinwumi Adesina has appealed to leaders in Nigeria and across Africa to make poverty history as he outlined a compelling case for welfarist policies and people-centered development. “Given the high levels of poverty in Africa, and Nigeria, what is needed are welfarist policies that exponentially expand opportunities […]

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Mar
5

Reassuring investor confidence in CEMAC region

In a bid to safeguard foreign exchange reserves in the region, the Bank of Central African States (BEAC) imposed stricter rules on currency transfers and payments in January 2022 – a move it has been unwilling to reverse despite opposition by energy stakeholders and leaders. Recent regulation significantly impacts dollar-dominated industries – such as the […]

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Feb
27

Summit examines impact of media and storytelling

The Global Black Impact Summit (GBIS) on Tuesday featured panel discussions on Media Representation, Marketing and Storytelling and Nurturing Future Leaders – Empowering Black Youth for Excellence. The sessions provided insight into the role media and education play in advancing inclusivity worldwide. During the media panel, speakers explored the impact representation has on perceptions of […]

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Feb
23

The legacy of President Hage Geingob, a true African giant

By NJ Ayuk, Executive Chairman, African Energy Chamber On Monday morning, February 4, many of us woke to the news of the tragic passing of Namibian President Hage Geingob. The death of this great man and remarkable leader is a tremendous loss. The African Energy Chamber extends our deepest sympathies, both to President Geingob’s family […]

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Feb
21

Exploring diversity in innovation

Diversity in innovation is not just a catchphrase – it’s a catalyst for progress. Embracing diverse perspectives propels industries forward by fostering creativity and pushing boundaries. According to global consulting firm McKinsey & Company, companies in the top quartile for both gender and ethnic diversity among their executive teams demonstrate, on average, a 9% higher […]

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Feb
18

Africa dominates list of fastest-growing economies

Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook (MEO) of the continent released on Friday. Overall, real gross domestic product (GDP) growth for the continent is expected to average 3.8% and 4.2% in 2024 and 2025, respectively. […]

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Feb
18

Strategic partnerships to boost Africa’s mining sector

Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has announced several strategic partnerships on the sidelines of the recently concluded 2024 Mining Indaba conference in Cape Town, South Africa to boost Africa’s mining sector, ushering the continent into a new era of growth and prosperity. Since 2014, AFC has invested over US$1billion […]

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Feb
17

Sierra Leone to promote oil potentials at energy forum

Foday B. L. Mansaray, Director General of the Petroleum Directorate of Sierra Leone (PDSL), will promote the country’s upstream opportunities and available blocks at the upcoming Invest in African Energy (IAE) forum in Paris, France on May 14-15. Though considered a frontier exploration market, Sierra Leone features a working petroleum system with four significant discoveries […]

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Feb
15

Five new teams to compete in Basketball Africa League

The Basketball Africa League (BAL) today announced that five new teams and three new countries are among the 12 teams from 12 African countries that will compete in the 2024 BAL season, which will tip off on Saturday, March 9 at SunBet Arena in Pretoria, South Africa.  The 4th BAL season will feature a record […]

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