• Africa: True cost of fake electrical goods trade

    Wednesday, November 20, 2024

    Financial pressures in South Africa and across Africa have led to a surge in demand for cheaper products, creating a lucrative market for counterfeiters. This has even extended to electrical goods which have infiltrated between 40% to 80% of markets on the continent, posing a potentially lethal risk to millions of consumers. At best, they […]

    Read More
  • Facilitating Japanese investment in Africa

    Sunday, November 17, 2024

    With a mission to scale investment in Africa, a new collaboration between Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, and the Japan Institute for Overseas Investment (JOI), established by the initiative of the Japan Bank for International Cooperation (JBIC), is set to embark on a series of initiatives to facilitate capital flows. […]

    Read More
  • Collaboration can reduce Africa’s supply chain issues

    Monday, November 11, 2024

    Most of Africa’s trade is carried out via sea routes. Geopolitical conflicts, however, including the war in Ukraine and attacks on commercial shipping vessels in the red sea, have caused detours and delays, impacting on maritime trade to and from Africa. This new wave of disruption follows the unprecedented global logistics crunch caused by the […]

    Read More
  • Global oil demand to hit 120.1m barrels per day

    Friday, November 8, 2024

    Global oil demand is projected to reach 120.1 million barrels per day (BPD) by 2050, while energy demand will rise 24% during the same period, says the Organization of Petroleum Exporting Countries (OPEC) Secretary General Haitham Al Ghais. Delivering a keynote address at the African Energy Week: Invest in African Energies 2024 conference, Al Ghais […]

    Read More
  • African Energy Week opens in Cape Town

    Wednesday, November 6, 2024

    The African Energy Week (AEW): Invest in African Energies 2024 conference officially opened in Cape Town, South Africa with calls from the industry to ‘drill baby drill.’ Citing the need to enhance climate justice through the development of domestic energy resources, industry leaders from across the continent underscored the need to sign deals, foster partnerships […]

    Read More

News

Jul
23

Bong Miners gather in Philadelphia

The Association of Bong Miners (ABM) in the Diaspora will hold its annual convention early next month in the US city of Philadelphia. The convention will be chaired by Lydia Fallah-Lloyd. Bong Mines is a former mining settlement in central Liberia. ABM is made of former residents of the community now living in the diaspora. According to […]

Read More
Jul
19

TECNO, UNICEF support digital learning for children

TECNO, a leading innovative technology brand, has announced a partnership with the United Nations Children’s Fund (UNICEF) in Nigeria to support the implementation of the Nigeria Learning Passport, a digital learning platform. In today’s world, too many children remain out of school, and many more are not learning. In Nigeria, the challenges in the field […]

Read More
Jul
15

Sextortion plagues teens, demands urgent action

Just hours before his untimely death, the life of 16-year-old Murray Dowey from Scotland seemed ordinary—a night of family bonding over television and plans for an upcoming holiday with friends. Little did his parents know that the following morning would shatter their world, as Murray became another casualty of the sextortion epidemic sweeping across the […]

Read More
Jul
7

Businessman nabbed for Sierra Leonean war crimes

A Spanish businessman living in Brazil, was on July 2 arrested in Málaga, Spain for his alleged participation in the illegal trade of so-called blood diamonds and for his alleged complicity in crimes committed during the civil war that ravaged Sierra Leone between 1991 and 2002. The Audiencia Nacional, the Spanish High Court that has jurisdiction over international crimes, sought the arrest […]

Read More
Jul
1

Liberia’s legislative projects: The plunder continues?

By Seltue Karweaye The people of Liberia have been severely impacted by lawmakers’ excessive greed. The country’s legislative budget has swelled from US$9.4 million in 2006 to an alarming US$67.9 million in 2023. Shockingly, the approved 2024 budget is not accessible to the public, leaving us in the dark about the allocations to the national […]

Read More
Jun
23

Liberia: Nutrition project to be scaled up

The Board of Directors of the African Development Fund has approved an additional $10 million from the Global Agriculture and Food Security Program (GAFSP) to implement activities and scale up the impact of the Smallholder Agriculture Development for Food and Nutrition Security project in Liberia. The project aims to improve food and nutrition security and […]

Read More
Jun
20

US$2 billion to manufacture pharmaceutical products

African Export-Import Bank (Afreximbank) and the Africa Centers for Diseases Control and Prevention (Africa CDC) have renewed their partnership with a new cooperation agreement announced today on the sidelines of the Global Forum for Vaccine Sovereignty and Innovation in Paris, France. Through this collaboration, Afreximbank has committed a US$ 2 billion facility to the “Africa Health […]

Read More
Jun
15

Africa: Debt managers initiative launched

The African Development Bank’s African Development Institute on Thursday launched the African Debt Managers Initiative Network (ADMIN), a new program to provide home-grown solutions to Africa’s debt challenges. The inauguration and first peer learning event took place in Addis Ababa under the theme: Developing and Deepening Domestic Debt Markets in Africa. African Development Bank Director Coulibaly […]

Read More
Jun
10

African broadcasters meet in Botswana

The African Union of Broadcasting (AUB) will hold its 15th General Assembly from September 3 to 5 in Gaborone, capital of the Republic of Botswana, under the theme: “The future of African media facing the challenges of new technologies and changes climate”. This high-level meeting will bring together chief executives of the media and broadcasting industry, […]

Read More
Jun
8

Ecobank launches fintech challenge

Ecobank, the pan-African financial services Group, has officially opened call for applications to the 7th edition of its Fintech Challenge. This annual competition invites early-stage and mature fintech startups to partner with Ecobank, offering a grand prize of US$50,000 and a chance to scale their solutions across Ecobank’s extensive network spanning 35 African countries. Despite […]

Read More