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. […]

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 […]

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 […]

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 […]

Sustainability professionals in Africa are set to benefit from advanced skills, cross-sectoral collaboration and insights into effective investment strategies after Impact Africa Consulting Limited (IACL) launched the Sustainability Practitioners Fellowship for 2024. The fellowship aims to establish a strong network of sustainability practitioners and foster global partnerships for sustained impact as IACL continues to enhance […]

As the 34th edition of the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 drew to a thrilling close on Sunday, Ecobank, the leading pan-African banking group, celebrates the remarkable achievements and spirit of unity witnessed throughout the tournament. Jeremy Awori, Chief Executive Officer, Ecobank Group, expressed his delight at the success of the […]

The African Development Bank (AfDB) Group has launched the Remote, Appraisal, Supervision, Monitoring, and Evaluation (RASME) initiative in Tunis to strengthen the supervision of development projects using cutting-edge processes. RASME, a collaborative effort between the AfDB, the World Bank’s Geo-Enabling for Monitoring and Supervision initiative, and KoBoToolbox , provides real-time digital data-gathering tools that enable […]

The Swedish Government has adopted Sweden’s first comprehensive national strategy against organised crime. The strategy serves as a direction for the work against organised crime, with the purpose to reduce vulnerabilities exploited by criminals. The national strategy presents priorities and identifies central actors. Organised crime poses a serious threat to the Swedish society. The deadly […]

The Corporate Council on Africa (CCA) is proud to announce that the 2024 U.S.-Africa Business Summit will take placeon May 6-9 in Dallas, Texas. Under the theme “U.S.-Africa Business: Partnering for Sustainable Success.” CCA’s signature event is the premier platform focused on U.S.-Africa trade, investment, and commercial engagement that annually brings together African heads of […]

A Finnish court of appeal on Wednesday issued its judgement and confirmed the acquittal of Gibril Massaquoi – former Revolutionary United Front (RUF) commander and spokesman – for war crimes, crimes against humanity, torture, and murder that he was accused of committing in Liberia during the country’s second civil war (1999-2003). According to the judgement, the Tampere […]