• World’s top arms producers see revenues rise

    Monday, December 2, 2024

    Revenues from sales of arms and military services by the 100 largest companies in the industry reached $632 billion in 2023, a real-terms increase of 4.2 per cent compared with 2022, according to new data released today by the Stockholm International Peace Research Institute (SIPRI). Arms revenue increases were seen in all regions, with particularly […]

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  • Africa discusses growth, trade and investment

    Wednesday, November 27, 2024

    Over 250 Sub-Sovereign government leaders from across Africa met in Kisumu, Kenya, for the the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference. Taking place between the 25th and 27th of November, the event provided a platform for Sub-Sovereign leaders and businesses to discuss how their local governments can attract investments in the region in […]

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  • West African summit calls for regional collaboration

    Saturday, November 23, 2024

    The 2024 West Africa Deal Summit (WADS) concluded on Wednesday, with a call for more regional collaboration to mobilize catalytic capital to address West Africa’s unique socioeconomic challenges. The two-day event attended by over 400 investors, entrepreneurs, government representatives, and thought leaders, focused on building innovative financing mechanisms.  The summit themed “Actions to Deepen Catalytic […]

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  • Africa: True cost of fake electrical goods trade

    Wednesday, November 20, 2024

    Financial pressures in South Africa and across Africa have led to a surge in demand for cheaper products, creating a lucrative market for counterfeiters. This has even extended to electrical goods which have infiltrated between 40% to 80% of markets on the continent, posing a potentially lethal risk to millions of consumers. At best, they […]

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  • Facilitating Japanese investment in Africa

    Sunday, November 17, 2024

    With a mission to scale investment in Africa, a new collaboration between Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, and the Japan Institute for Overseas Investment (JOI), established by the initiative of the Japan Bank for International Cooperation (JBIC), is set to embark on a series of initiatives to facilitate capital flows. […]

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News

Apr
8

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 […]

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Apr
5

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, […]

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Apr
2

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 […]

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Apr
1

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 […]

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Mar
27

Empowering Africa’s small, medium-sized enterprises

Nearly 70% of small and medium-sized enterprises (SMEs) in Africa invested in technology in the past 12 months to help boost growth and resilience – an indication that SMEs are embracing the positive impact of technology. There are numerous opportunities that unlock the full potential of digitalisation for these businesses and the continent, which means […]

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Mar
23

Dada calls for African musicians to collaborate

In continuation of promoting and showcasing African artistes, providing them with platforms to reach a global audience beyond their home countries, the President/Executive Producer, All Africa Music Awards, AFRIMA, Mike Dada, would be sharing his thought at the BridgeAfric’s Southern Africa launch in Malawi on Saturday. BridgeAfric, led by the dynamic Victoria Nkong, is a […]

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Mar
19

TikTok, AU forge multi-year partnership

In an era where digital connectivity defines daily life, TikTok, the global pioneer in short-form mobile video, is thrilled to unveil a groundbreaking partnership with the African Union Commission’s Women, Gender, and Youth Directorate (WGYD), aimed at bolstering online safety awareness among the youth as well as parents, teachers and guardians in Africa. This innovative […]

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Mar
18

Sweden: Huge risks for victims of human trafficking

There are great risks of continued exploitation when society does not detect crime victims in prostitution and human trafficking. At the same time, there are several shortcomings in the support and protection for vulnerable people, shows a new report from the Swedish Gender Equality Agency. “Children and young people are at risk of being sexually […]

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Mar
15

Kirsten Neuschäfer: Making waves and setting records

Far from the glamour of a glittering awards ceremonies, which bring together the who’s who of global sport, Kirsten Neuschäfer finds solace in the vast expanse of the ocean, a place where the only spotlight comes from the sun. She’d far rather be all alone on her beloved boat, Minnehaha. But the South African sailor […]

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Mar
14

Exhibition to elevate African art and empower artists

Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has joined forces with Ecobank Nigeria and Soto Gallery to host the +234Art Fair, a 10-day international exhibition intended as a springboard to promote Africa’s art and its artists. The exhibition will display more than a thousand works of art from emerging and “un-galleried” […]

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