• 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

Nov
2

FIFA scribe to receive AWIEF Lifetime Leadership Award

FIFA’s first female and non-European Secretary General, Fatma Samoura, has been selected as the recipient of the inaugural AWIEF Lifetime Leadership Award. Samoura will be presented with the AWIEF Lifetime Leadership Award at the 9th edition of the annual AWIEF Conference and Awards slated for November 9 and 10 at the Kigali Convention Center in Kigali, […]

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Oct
31

ECOWAS sets new strategies for business success

The ECOWAS Commission, in partnership with the Nigeria Association of Small and Medium Enterprises (NASME), successfully organized the ECOWAS SME Partnership Conference and Exhibition. This extraordinary gathering, meticulously organized within the context of the implementation of the ECOWAS MSME Charter 2021-2030 and Private Sector Development Strategy, served as a pivotal platform for SME and SMI […]

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Oct
28

Raising funds for African railway

The African Development Bank has signed a Memorandum of Understanding (MoU), joining global partners to mobilize resources for the Lobito Corridor and the Zambia-Lobito rail line in southern and central Africa. Other signatories included the United States government, the European Commission, the Africa Finance Corporation (AFC), and the host governments of Zambia, Angola and the […]

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Oct
23

Tanzania: Small farmers get $2.5m grant

The Board of Directors of the African Development Bank Group approved a $2.5 million grant to prop some 10,000 small horticultural businesses in Tanzania. The funds, approved on October 19, will come from the Global Agriculture & Food Security Program to support mainly food system service providers in rural areas. The program aims to increase […]

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Oct
19

Advancing sustainable investment in Africa

The second day of African Energy Week (AEW) 2023 – organized by African Energy Chamber – featured a roundtable hosted by inter-governmental organization, the International Energy Forum (IEF). The roundtable featured a diverse lineup of industry leaders who examined how Africa can leverage its energy markets to achieve its UN Sustainable Development Goals and COP28 […]

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Oct
14

Nordic, Irish entrepreneurs urge to invest in Africa

The African Development Bank Group’s chief economist Prof Kevin Chika Urama has urged entrepreneurs in Nordic countries and Ireland to make Africa their business and investment destination. Prof Urama, on an official visit to Denmark, Finland, Ireland, Norway and Sweden between 25-29 September, said Africa’s population boom – projected to make it the world’s most […]

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Oct
12

ECOWAS’ campaign for cross-border traders

The ECOWAS Commission, through its Directorates of Trade, Customs Union & Taxation, and Free Movement of Persons & Migration, along with the ECOWAS Gender Development Centre, on Monday, October 9 officially launched an awareness raising campaign on Small Scale Cross Border Trade (SSCBT) for traders, particularly women in the Ghanaian city of Tema. This launch […]

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Oct
10

Easing the negative impacts of migration

The African Development Bank (AfDB) and the International Organization for Migration (IOM) have produced a joint report examining the nexus between humanitarian, peace, development and migration. The report, titled Diaspora Engagement, Climate-Induced Migration and Skills Mobility: A focus on Africa, was discussed in a special session in Abidjan, Ivory Coast held on October 5, the […]

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Oct
6

AfDB, Ecowas Bank enhance regional food security

The African Development Bank (AfDB) Group and the ECOWAS Bank for Investment and Development (EBID) have signed an agreement for a dual currency line of credit comprising $50 million and €50 million to support local agricultural businesses in West Africa. Dr. George Agyekum Donkor, president and chairman of the board of directors of EBID, and […]

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Oct
4

Global Black Impact Summit on scientific pioneers

The Global Black Impact Summit (GBIS) – taking place on November 30-December 1, 2023 in Dubai, powered by the Black Impact Foundation and organized by Energy Capital & Power – serves to celebrate the achievements, contributions and potential of the Black community across a diverse range of industries. The scientific community, in particular, is home […]

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