• 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

Mar
14

Bright future for Africa’s agrifood sector

The 3rd African Agribusiness Leaders Dialogue (AALD3), held online and in person in Accra, has highlighted the barrier-breaking role of young African ‘agripreneurs’ in the agrifood sector. Hosted by the Food and Agriculture Organization of the United Nations (FAO) Regional Office for Africa, AALD3 gathered perspectives from the private sector ahead of FAO’s 33rd Session of the Regional […]

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Mar
11

Basketball Africa League begins 4th season

The 2024 Basketball Africa League (BAL) season tipped off this weekend with a sold-out crowd on Saturday at the SunBet Arena in Pretoria, South Africa. In the Kalahari Conference group phase opener, first time participant Morocco’s FUS Rabat beat Angola’s Petro de Luanda 82-73 two-time BAL finalist, with four FUS players scoring in double figures. In […]

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Mar
10

To tackle poverty, Africa needs welfarist policies

President of the African Development Bank (AfDB) Group Dr. Akinwumi Adesina has appealed to leaders in Nigeria and across Africa to make poverty history as he outlined a compelling case for welfarist policies and people-centered development. “Given the high levels of poverty in Africa, and Nigeria, what is needed are welfarist policies that exponentially expand opportunities […]

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Mar
5

Reassuring investor confidence in CEMAC region

In a bid to safeguard foreign exchange reserves in the region, the Bank of Central African States (BEAC) imposed stricter rules on currency transfers and payments in January 2022 – a move it has been unwilling to reverse despite opposition by energy stakeholders and leaders. Recent regulation significantly impacts dollar-dominated industries – such as the […]

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Feb
27

Summit examines impact of media and storytelling

The Global Black Impact Summit (GBIS) on Tuesday featured panel discussions on Media Representation, Marketing and Storytelling and Nurturing Future Leaders – Empowering Black Youth for Excellence. The sessions provided insight into the role media and education play in advancing inclusivity worldwide. During the media panel, speakers explored the impact representation has on perceptions of […]

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Feb
23

The legacy of President Hage Geingob, a true African giant

By NJ Ayuk, Executive Chairman, African Energy Chamber On Monday morning, February 4, many of us woke to the news of the tragic passing of Namibian President Hage Geingob. The death of this great man and remarkable leader is a tremendous loss. The African Energy Chamber extends our deepest sympathies, both to President Geingob’s family […]

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Feb
21

Exploring diversity in innovation

Diversity in innovation is not just a catchphrase – it’s a catalyst for progress. Embracing diverse perspectives propels industries forward by fostering creativity and pushing boundaries. According to global consulting firm McKinsey & Company, companies in the top quartile for both gender and ethnic diversity among their executive teams demonstrate, on average, a 9% higher […]

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Feb
18

Africa dominates list of fastest-growing economies

Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook (MEO) of the continent released on Friday. Overall, real gross domestic product (GDP) growth for the continent is expected to average 3.8% and 4.2% in 2024 and 2025, respectively. […]

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Feb
18

Strategic partnerships to boost Africa’s mining sector

Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has announced several strategic partnerships on the sidelines of the recently concluded 2024 Mining Indaba conference in Cape Town, South Africa to boost Africa’s mining sector, ushering the continent into a new era of growth and prosperity. Since 2014, AFC has invested over US$1billion […]

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Feb
17

Sierra Leone to promote oil potentials at energy forum

Foday B. L. Mansaray, Director General of the Petroleum Directorate of Sierra Leone (PDSL), will promote the country’s upstream opportunities and available blocks at the upcoming Invest in African Energy (IAE) forum in Paris, France on May 14-15. Though considered a frontier exploration market, Sierra Leone features a working petroleum system with four significant discoveries […]

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