The Africa Center and African Export-Import Bank (Afreximbank) have announced the upcoming launch of the Afreximbank Africa Diaspora Center (AADC), a groundbreaking initiative that will help bridge the gap between Africans on the continent and the African Diaspora, and the African continent. AADC will serve as an institutional gateway that connects Africans and people of […]
By NJ Ayuk, Executive Chairman African Energy Chamber Organizations ranging from the World Bank to the European Investment Bank (EIB) have dropped support for African fossil fuel production in hopes of encouraging a transition from oil, gas and coal to sustainable energy sources like wind and solar power. Now there are legitimate concerns that investor […]
Informal traders account for a significant share of commerce among West African countries. Better data collection, digital tools and on-the-ground support can help their businesses thrive. That’s the goal of the latest collaboration between the International Trade Centre (ITC) and the West African Association for Cross-Border Trade (WACTAF). Working together making it easier to trade […]
A majority of Africans want their governments to invest more in preparations for future health emergencies, even if doing so will diminish the resources available for other health services, Afrobarometer surveys show. Africans see health as the second-most important problem requiring government intervention, and only half of them think their governments are ready to deal […]
African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said. Mr. ElMaayergi was addressing participants and guests in Abuja.Nigeria at the African Caucus Meeting of the World Bank Group and the International […]
Since 2009, private businesses have been complicit in forced evictions of Maasai Indigenous communities from their ancestral lands in Loliondo by Tanzanian authorities, Amnesty International said today in a new report. The new report, ‘Business as usual in bloodied land? The role of businesses in forced evictions in Loliondo, Tanzania’, details how Otterlo Business Corporation (OBC), a trophy […]
South Africa’s Rand Merchant Bank (RMB) has released the highly anticipated 2024 edition of its Where to Invest in Africa report, a comprehensive analysis of the top investment destinations on the continent. The report, which has been developed in collaboration with the Gordon Institute of Business Science (GIBS), leverages a robust methodology that has been updated […]
UN Tourism has united its member states to focus on promoting “Brand Africa” and exploring new opportunities for growth and diversification across the region. Held within the framework of the Regional Commission for Africa, “Promoting Africa to Unlock Tourism Investments and the Sector’s Growth Potential”, brought together public and private sector leaders to identify new opportunities […]
A father of three can sleep comfortably on his back for the first time in 15 years after having a massive tumor – weighing 11lb (5kg) – removed by surgical charity Mercy Ships. Malagasy builder and rice farmer Fidisoa was 38 when what appeared to be a tiny pimple on his back started to grow, […]
By Seltue Karweaye Liberia has an estimated population of over 5 million, which provides a rich source of skilled and unskilled labor, making it an attractive prospect for global trade. Furthermore, the country is abundant in mineral resources and possesses some of the largest mineral reserves in sub-Saharan Africa. Despite its abundant resources such as […]