• Liberia: Peaceful condition guarantees investment

    Monday, March 10, 2025

    By Martin C. Benson A Liberian businessman has admitted that the peaceful atmosphere prevailing in Liberia has led to a serene business climate thus encouraging investors, including himself, to invest in the West African nation.           Cecil Brown, with business holdings in Africa and Asia, made the assertion in an interview with journalists recently in […]

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  • Pan-African payment system launched

    Thursday, March 6, 2025

    The Pan-African Payment and Settlement System (PAPSS), launched by African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has recorded a significant milestone in its journey towards enhancing financial integration and economic prosperity across Africa with the official launch of the platform by […]

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  • 50 Liberians get training in insurance brokerage

    Thursday, March 6, 2025

    By Martin C. Benson About 50 Liberians, mainly youths from various communities across Montserrado County, have benefited from a nine-day comprehensive training in insurance brokerage.  The training was provided by Confident Brokers Insurance Incorporated, a new Liberian-owned insurance brokering company.  The participants, who were drilled through the core and relevant aspects of insurance brokerage, are […]

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  • A study to enhance women’s cross-border trade

    Wednesday, February 26, 2025

    A Mano River Union (MRU) delegation recently concluded a successful study tour of the ‘Busia One Stop Border Post’ (OSBP) between Kenya and Uganda, gaining valuable insights into efficient cross-border trade systems that benefit women traders. The tour brought together women traders and border officials from Liberia and Sierra Leone, alongside representatives from the African […]

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  • African Union deploys new youth volunteers

    Sunday, February 23, 2025

    The African Union has deployed and onboarded the 12th cohort of Youth Volunteers. The 45 Young Professionals from 23 countries across the five regions of the continent, will serve as volunteers in various African Union Commission Departments and in government offices and ministries of African Member states for a period of 12 months. Implemented by the […]

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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 […]

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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 […]

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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. […]

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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 […]

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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, […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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