• Education is the foundation of the future

    Friday, December 20, 2024

    On Thursday, December 19, Prince Y. Alpha, deputy director of special services and facility management at Liberia’s National Election Commission, delivered the keynote address at a program to honor teachers and administrators, organized by the Youth Initiative Education Actions for Sustainable Development-Liberia. The program was held in Paynesville, Liberia. Below is the full text of Alpha’s speech: It […]

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  • Liberia: Teachers, administrators honored

    Friday, December 20, 2024

    By Martin C. Benson Education is the foundation upon which the future is built, says an official of the National Elections Commission (NEC) of Liberia. Speaking Thursday at an awards program in Paynesville, Liberia, Prince Y. Alpha, NEC’s deputy director for special services and facility management, noted that education “is the beacon of hope that […]

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  • A partnership to simplify trade for African businesses

    Thursday, December 19, 2024

    African Export-Import Bank (Afreximbank) and Ecobank Group have embarked on a collaboration aimed at simplifying trade and compliance for businesses in Africa by integrating Ecobank’s Single Market Trade Hub and Afreximbank’s MANSA Digital Repository Platform. With the collaboration, African businesses will benefit from seamless shared services across the two platforms, with users of the Single […]

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  • €139m loan to boost youth employment in Côte d’Ivoire

    Wednesday, December 18, 2024

    The African Development Bank (AfDB) Group has approved loans totaling €139.68 million to support youth employment and entrepreneurship in Côte d’Ivoire, targeting key sectors with high job creation potential. The loan comprised of €126.32 million from the bank’s commercial development window and €13.36 million from its concessional lending arm, the African Development Fund, will help […]

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  • African Energy 2024: Surging investment, waves of change

    Tuesday, December 17, 2024

    By NJ Ayuk, Executive Chairman, African Energy Chamber I’ve said for years that African energy is a vital investment. Backers clearly agree — to the tune of USD47 billion. That’s how much capital expenditure (capex) 2024 saw in African oil and gas, showing a 23% increase from last year. Better yet, we expect growth to […]

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News

Jul
27

Liberia: President Weah’s Independence Day speech

Today, on this auspicious occasion of the 176th anniversary of our beloved Republic of Liberia, we gather here at the historic Centennial Memorial Pavilion to celebrate another significant milestone in our nation’s history. With hearts full of gratitude and reflection, we thank the Almighty God for guiding us through 176 years of independence as a […]

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Jul
26

Ruto: Africa must invest in its workforce

Africa must strategically invest in its workforce if it is to grow. Kenya President William Ruto said the continent is presented with gifted human capital that can drive its transformation. He noted that Africa must fix itself in a lane that will see the exploitation of the skilled, educated and productive manpower. This move, he […]

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Jul
23

Liberian economy grew 4.8% last year, says World Bank

Liberia’s economy expanded by 4.8% in 2022 despite global headwinds from the war in Ukraine, high global inflation and depressed demand in advanced economies, according to a World Bank update released on Tuesday. The expansion was driven by gold production and a relatively good agricultural harvest, notes the bank’s 4th annual Liberia Economic Update, “Getting Rice […]

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Jul
21

Nigeria to host big tech conference

Innovate Africa Foundation, in collaboration with the Silicon Valley Product Group (SVPG) and WorkNigeria, is set to host Africa’s largest tech product conference from the 18th to the 21st of September, 2023, at the Eko Convention Centre in Lagos, Nigeria. Tagged the Inspire Africa Conference, the four-day-long event is designed to provide the African product […]

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Jul
20

$16 million for youth-led Liberian businesses

In an exciting move to unleash the business potential of young Liberians, the Board of Directors of the African Development Fund (ADF) has given the green light for the creation of a Youth Entrepreneurship Investment Bank (YEIB) in the West African country. Approximately $16 million has been allocated to finance this strategic initiative, which targets […]

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Jul
17

Adesina outlines vision for African growth

African Development Bank (AfDB) Group President Dr Akinwumi Adesina on Sunday outlined the bank’s significant achievements and commitments to Africa. He underscored the bank’s determination to mobilize resources for driving economic transformation, climate resilience, and addressing the continent’s debt challenge, among other priorities. Addressing the 5th Mid-Year Coordination Meeting of the African Union (AU) in […]

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Jul
14

FIFA,UNHCR agree to give refugees more opportunities

Football’s global governing body FIFA and UNHCR, the UN Refugee Agency, Wednesday signed a Memorandum of Understanding (MoU) to work closely with those forcibly displaced from their homes and help to strengthen communities through enhanced access to football, education and other opportunities. The signing ceremony in Geneva, Switzerland, was conducted by FIFA President Gianni Infantino […]

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Jul
13

A decade of transforming African education

Ubongo, Africa’s leading children’s edutainment and media company, is excited to announce its 10-year anniversary, marking a decade of transforming education and empowering millions of children across the continent. With an impressive portfolio of educational programs including Akili and Me, Ubongo Kids, and the recent addition of the captivating new show Nuzo and Namia, Ubongo continues to set […]

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Jul
13

Diadora seeks help for the coming season

Liberian football club Diadora had a tough debut season in the 3rd division this year. Diadora, based in Chocolate City, suffered at the beginning of the Gardnersville football championship, losing almost all its matches. This dismal performance created an impression that the team would not survive its first season in the league. But the club […]

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Jul
9

How Liberia’s debt surged to US$2.03 billion

By S. Karweaye Liberia’s public debt has been on the rise. The country’s public debt stock – what the government owes in total – was about US$2.03 billion at the end of December 2022. Of the US$2.03 billion, domestic debt constituted about US$896.68 million (44.15%) while the external component of the total debt stock constituted […]

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