• Cote d’Ivoire joins Arab-Africa trade program

    Wednesday, May 15, 2024

    The Arab Africa Trade Bridges Program (AATB) General Secretariat has announced the Republic of Cote d’Ivoire ( Ivory Coast) as a new member of the program. This strategic addition marks a significant step towards enhancing trade, economic cooperation, and regional integration between Africa and the Arab world. The AATB program has been very active in […]

    Read More
  • Harnessing gas to boost economic development

    Sunday, May 12, 2024

    Many African countries are harnessing gas and other cleaner and greener energies to drive their industrialization journey. African countries including Ghana and Nigeria are investing in gas infrastructure and promoting its utilization, and by extension are addressing energy poverty and environmental challenges. The Minister of Energy for Ghana Dr. Matthew Opoku Prempeh, who recently confirmed […]

    Read More
  • AWIEF celebrates decade of women’s entrepreneurship

    Monday, May 6, 2024

    Celebrating a decade of impact, the Africa Women Innovation and Entrepreneurship Forum (AWIEF) announces the AWIEF2024 Conference and Awards. This milestone event is scheduled for the 28th and 29th of November at South Africa’s Cape Town International Convention Centre (CTICC), under the theme “Future for All: Collaborate for Growth. Solve Inequity. Act on Climate”. The AWIEF2024 conference will […]

    Read More
  • Liberia: Joseph Boakai, a president in need of help

    Sunday, May 5, 2024

    By Seltue Karweaye  Liberian President Joseph Nyumah Boakai has clocked 100 days in office. He took the oath of office on January 22. Commentators, analysts, political observers and politicians have busied themselves dissecting the president’s performance in office, particularly his major decisions and policy options. Many have also commented on the achievements recorded and the […]

    Read More
  • Adesina talks Sustainable Development Goals

    Monday, April 29, 2024

    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 […]

    Read More

News

Dec
18

ICC transfers Ugandan war criminal to Norway

Convicted Ugandan war criminal Dominic Ongwen was transferred to a prison facility in Norway on Monday to serve his 25-year prison sentence. Mr Ongwen is the fifth person transferred by the International Criminal Court (ICC) to a state that has indicated its willingness to accept sentenced persons. On November 9 the presidency of the ICC […]

Read More
Dec
14

Global tourism rebounds to pre-Covid levels

International tourism is on track to recover almost 90% of pre-pandemic levels by the end of this year. According to the latest data from the World Tourism Organization (UNWTO), an estimated 975 million tourists traveled internationally between January and September 2023, an increase of 38% on the same months of 2022. The newest UNWTO World […]

Read More
Dec
12

Highlights from IAE Forum in Paris

The first edition of Invest in African Energy (IAE) in Paris, organized last June, successfully catalyzed European interest in Africa’s burgeoning energy sector. The forum united thought leaders, government officials, key stakeholders and industry representatives from both continents and came on the heels of three European receptions that took place in London, Oslo and Frankfurt. […]

Read More
Dec
7

Africa could lose $25 billion per year

African Development Bank Group President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalizing value-added exports including steel, cement, iron, aluminium and fertilizers. Adesina said, “With Africa’s energy deficit and reliance mainly on fossil fuels, especially diesel, the implication is that Africa will […]

Read More
Dec
4

Weah wins international peace award

The International Association of World Peace Advocates (IAWPA) through the office of its International Director, African Affairs, His Eminence, Amb. Dr. John Metchie, yesterday, announced Liberian President, George Opong Weah, as the winner of this year’s International Peace Prize Medal Award 2023. The award is in total appreciation of the just-concluded presidential election in Liberia, […]

Read More
Dec
3

$175m pledged for ‘green infrastructure’ in Africa

In a powerful signal of support during COP28, African and global institutions together with governments of Germany, France and Japan and philanthropies have pledged over $175 million to the Alliance for Green Infrastructure in Africa (AGIA). The landmark initial pledge will help to rapidly scale up financing for transformative climate-aligned infrastructure projects across the continent. The […]

Read More
Dec
1

How can Africa finance the energy transition?

By NJ Ayuk, Executive Chairman, African Energy Chamber From an African perspective, one of the most important things to come out of COP15, the 2009 United Nations Climate Change Conference in Copenhagen, was the formal recognition of the fact that lower-income countries were not in a position to bear as much of the cost of […]

Read More
Nov
29

COP 28: Africa urges spotlight on climate finance

 The African Development Bank (AfDB) will mobilize financing for climate action at this year’s UN Climate Change Conference, COP28, and amplify Africa’s calls for robust commitments by wealthy countries to meet the continent’s urgent needs in addressing climate change. The bank group, led by its President, Dr Akinwumi Adesina, will launch and cement several climate […]

Read More
Nov
26

Africa’s Business Heroes Prize announces winners

The Africa’s Business Heroes (ABH) Prize Competition, a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy, has named the winners of this year’s competition. The announcement took place during an AR-enabled Grand Finale held in Kigali, Rwanda, which also captivated a global audience through a live broadcast. The top three Africa’s Business […]

Read More
Nov
23

African economies face gaps in macroeconomic modeling

African countries still face significant capacity gaps in macroeconomic modeling, despite the huge strides they have made in terms of forecasting, analysis, and effective policy management, a new African Development Bank Group study has found. The report, Benchmark Macroeconomic Models for Effective Policy Management in Africa, was launched in the Ethiopian capital Addis Ababa by the Bank […]

Read More