IFC invests $50 million in Lagos Free Zone Company
The International Finance Corporation (IFC) has announced an equity investment of up to $50 million in Lagos Free…
Africa
Oando to discuss expansion in Africa at energy forum in Paris
As one of Africa’s largest indigenous energy companies, Oando is experiencing significant growth, driven by its landmark acquisition…
China’s XTransfer, Ecobank to support Africa SME’s foreign trade
XTransfer, the world-leading and China’s B2B Cross-Border Trade Payment Platform, and Ecobank Group, the leading private pan-African financial…
Global services trade growth hits new highs
The World Trade Organization (WTO) says the third quarter of 2024 saw services exports rise by 16 percent…
Africa told to pursue just, inclusive circular economy model
Transitioning to a just and inclusive circular economy in Africa presents a unique opportunity to create jobs, stimulate…
Premier Invest to host African energy forum in Paris
Premier Invest – a global investment conglomerate – is set to host a Deal Room at the upcoming…
Geopolitics hinders Africa’s transition to clean energy
BY MEKONNEN TESHOME – Socio and geopolitical instability, challenges related to supply chain disruptions and unbalanced energy affordability…
U.S. population up 2.64 million with addition of one migrant every 23 seconds
The U.S. Census Bureau projects the U.S. population to reach 341,145,670 on New Year’s Day, an annual increase…
Africa advised to accelerate intra-continental trade
Africa – rich in critical minerals – is advised to accelerate intra-continental trade and harness its natural resources…
African youth tech venture entrepreneurs tour South Korea
Twenty promising youth entrepreneurs from African technology ventures and enterprise support organizations have embarked on a two-week study…
African Development Bank, TDB Group partner to finance trade in Africa
The African Development Bank Group and the Eastern and Southern African Trade and Development Bank (TDB Group) have…
Africa, Europe confederations join to enhance global marketing landscape
The European Marketing Confederation (EMC) and the African Marketing Confederation (AMC) are joining forces to enhance the global…
Africa advised to deepen domestic financial markets
Africa’s journey towards meeting the Sustainable Development Goals (SDGs) hinges on developing effective domestic financial markets that provide…
Africa’s green industrial future imitative launched at COP29
On COP29 Finance Day on Saturday, the SMI Africa Council (SMIAC) launched the African Green Industrial Cities Briefing—an…
USTDA advances Internet connectivity in southern, central Africa
The U.S. Trade and Development Agency announced that it has awarded a feasibility study grant to Namibia’s Javilian…
Group to unlock Africa’s critical minerals potential
Global leaders in the critical minerals industry have today launched the Critical Minerals Africa Group (CMAG) to foster…
Republic of Congo to accelerate oil, gas projects
The Republic of Congo (RoC) is preparing to launch a Gas Master Plan and new Gas Code, all…
COP29 must remedy the injustice of climate finance in Africa
Africa, which accounts for less than 4% of global greenhouse gas emissions, bears a disproportionate burden of climate…
WHO lists additional mpox diagnostic tests for emergency use
As part of ongoing efforts to enhance quality-assured testing options, the World Health Organization (WHO) has listed two…
Africa needs to invest in robust statistics
Africa should urgently invest in robust data and statistical systems to accelerate sustainable development, the Director of the…
Ethiopia’s digital economy to contribute 1.3 trillion Birr to GDP
Ethiopia’s digital economy could add over ETB 1.3 trillion to GDP by 2028, according to the GSMA’s new…
Ghana purchases its first drought insurance policy
The Government of Ghana has purchased its first-ever sovereign drought insurance policy, taking a significant step towards safeguarding…
ATIDI, multilateral investment guarantee to streamline investments in Africa
The African Trade & Investment Development Insurance (ATIDI), and the Multilateral Investment Guarantee Agency (MIGA) of the World…
WTO chief underscores trade role to address farming challenges
Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala underscored the crucial role of trade and the WTO…
Russia’s Rosatom accelerates African nuclear energy development
Russia’s state-owned nuclear corporation Rosatom has been accelerating nuclear energy development in Africa, says the company, which joined…
Cape Town set to host international luxury travel event
International Luxury Travel Market Africa (ILTMA) announces that its 2025 event, themed ‘Ignite Africa with Luxury Travel’, will…
Protea Hotels by Marriott expands footprint in Africa
Protea Hotels by Marriott, part of Marriott Bonvoy’s global portfolio of over 30 brands, today announced the opening…
Lessons to Africa from China
By Jane Muthumbi – I have grown up thinking the most about poverty, which afflicts much of the…
Merck Foundation provided 2080 scholarships for Africans
Merck Foundation in partnership with African First Ladies and ministries of health and medical societies have provided provided…
Africa Finance Corporation, Itana set to develop digital economic zone
Itana, Nigeria’s first licensed digital economic zone management company, and Africa Finance Corporation (AFC), have agreed to jointly…