Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing costs as they adapt to a new era of low prices for oil and other key commodities, resulting in a fourth consecutive year of disappointing economic growth this year, says the World Bank Group’s latest Global Economic Prospects […]
African leaders gathered last Saturday morning at the Sandton Convention Centre in South Africa for the 33rd New Partnership for Africa’s Development (NEPAD) Heads of State and Government Orientation meeting. Welcoming the delegation to the Opening Session, South African President Jacob Zuma commended NEPAD for keeping the dreams and potential of the African continent alive. […]
The executive governor of the Central Bank of Liberia (CBL), Dr. Joseph Mills Jones is strongly kicking back against what he termed as baseless and noisy arguments against the bank’s scheme to financially empower ordinary Liberians. Governor Jones said the CBL’s financial inclusion program is based on finding ways and responses to the situation that exists in […]
Flag-waving Swedes and royals celebrated in the blazing summer sun on Saturday as reality show starlet Sofia Hellqvist became a real-life princess as she married Prince Carl Philip. A cheer erupted from the crowd outside the palace in Stockholm when Carl Philip kissed his bride, a former glamour model, before riding in a horse and […]
ASKY the pan African airline, announced on Thursday that it has reached the milestone of 2 million passengers transported on its flights since commencing operations in 2010. ASKY currently operates over 150 flights and covers 22 cities in 19 countries across West and Central Africa. The regional airline transports on average 10 000 passengers per week. […]
Years of delays and repeated failures to implement and improve sewage and drainage systems in Ghana’s capital, Accra, has led to increasingly damaging and deadly flooding during the country’s annual rainy season. “[Ghana] hasn’t make any serious arrangements in the event of a flood,” said Franklin Cudjoe, director of the Accra-based IMANI think tank. “It […]
A pastor of the Redeemed Christian Church of God (RCCG) says humans need the favor of God in their lives. Pastor K.E. Palmer of RCCG’s Restoration Assembly of Malmo, Sweden Sunday said there are five key benefits for those who enjoy divine favor. Serving as a guest preacher at the end of a two-day women’s seminar […]
A growing focus on promoting sound corporate governance and enforcing regulatory compliance from the Nigerian government, paired with growing foreign investor interest in the country, is driving interest in enterprise business applications in Nigeria. That’s according to Magnus Nmonwu, Regional Director for Sage West Africa, who says that Nigeria’s government and tax authorities are […]
Liberia’s Foreign Minister Augustine Kpehe Ngafuan says in the 2017 elections Liberians should elect a leader who is a goal-getter and nationalist, someone with a solid record of performance. Speaking recently in London, the UK at the induction ceremony of new leaders of the Union of Liberian Organizations in the United Kingdom (ULO – UK), Minister […]
Hilde Schwab, Co-Founder and Chairperson of the Schwab Foundation for Social Entrepreneurship, and Precious Moloi-Motsepe, Co-Founder and Deputy Chairman of the Motsepe Foundation, announced a three-year, 1 million Swiss franc partnership at a press conference on the opening day of the World Economic Forum on Africa recently. The objectives of the partnership are to advance […]