• 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

Jun
1

Africa: A global leader in digital transformation

Africa’s rising status as a global leader in digital transformation was firmly cemented during day one of the inaugural GITEX Africa 2023 as tech leaders from across the continent and the world gathered to collaborate and pledge their commitments to accelerating cross-continent investment opportunities.   GITEX Africa, which runs until Friday in Marrakech, Morocco, welcomed thousands […]

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May
27

Adesina: Use resources on Africa’s young people

Delegates attending the 2023 African Development Bank Group’s  Annual Meetings in Sharm El Sheikh, Egypt, celebrated Africa Day on Thursday amid hopes for better prospects for the continent and its youth. The commemoration, which marks the 60th anniversary of the establishment of the African Union, allowed for retrospection by member countries on how the continent can […]

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May
22

De Vries wins BCA book award

The Business Council of Africa (BCA) recently concluded its highly anticipated inaugural ceremony of the BCA African Business Book of the Year Awards, honoring exceptional contributions to business literature in Africa. The event which took place on May 19 brought together authors, industry leaders, Africa watchers and literary enthusiasts to celebrate the winners of this […]

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May
18

African basketball league enters playoffs

The 2023 Basketball Africa League (BAL) Playoffs will tip off on Saturday, May 20 at BK Arena in Kigali, Rwanda and will culminate with the third BAL Finals on Saturday, May 27.  The top eight teams from the league’s Sahara and Nile Conference group phases in Dakar, Senegal and Cairo, Egypt, respectively, will compete in […]

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May
14

African women must play a larger role in peace building

Women’s proven role in conflict resolution makes the unique position of First Ladies even more important as agents for resolving conflicts in Africa. “Men make wars, women make peace. Women must therefore be included in peace making, peace building, conflict resolution, and reconstruction efforts,” African Development Bank (AfDB) president told guests at the inauguration of […]

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May
10

Zimbabwe hosts Transform Africa Summit

The 6th edition of the Transform Africa Summit held in Victoria Falls, Zimbabwe has come to an end. Notable among the things that transpired during the summit is new memberships in the Smart Africa Alliance, namely The Kingdom of Eswatini which became the 37th member state of the alliance which celebrated its 10th anniversary this year. The Republics […]

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May
4

Rajoelina wins 2023 Babacar Ndiaye Super Prize

The Africa Road Builders Selection Committee has named Madagascar’s President Andry Rajoelina, the winner of the prestigious Babacar Ndiaye Trophy, for his commitment to infrastructure development in the island state. He succeeds Tanzanian President Samia Suluhu, who won the award in 2022. According to a press release by the committee, members chose President Rajoelina at […]

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Apr
30

African, Asian development banks exchange views

In the last week of March, the African Development Bank (AfDB) hosted a team from the Asian Development Bank (ADB) to exchange views on operational policies. The visiting team met with various AfDB teams, including the policy and strategy department, business transformation and business process re-engineering, corporate performance and accountability, management operations and programming and budget department. […]

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Apr
25

Africa: Natural capital must finance development

Africa must use all its comparative advantages to mobilize the resources it needs to finance its sustainable development ambitions. Since 2010, official development assistance has declined, falling to its lowest level of $34 billion in 2022, according to Organisation for Economic Co-operation and Development (OECD) estimates. Access to international capital markets remains constrained and costly […]

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Apr
24

Basketball Africa League continues in Egypt

Basketball Africa League (BAL) today announced the rosters of the six teams that will compete in the league’s Nile Conference group phase from April 26 – May 6 at Hassan Mostafa Indoor Sports Complex in Cairo, Egypt.    The six teams are Al Ahly (Egypt), Cape Town Tigers (South Africa), City Oilers (Uganda), Club Atlético […]

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