……acquires BNP Paribas in Guinea and Burkina Faso
Vista Bank Group (‘Vista’) has agreed with BNP Paribas to acquire BNP Paribas’ majority interest in the International Bank for industry in Guinea and the International Bank for Industry, Commerce and Agriculture in Burkina Faso.
The acquisition, whose completion is subject to regulatory...
…World Bank calls for policy reforms to maximise gains
A new report by the World Bank has revealed that the implementation of the Africa Continental Free Trade Area (AfCFTA) has the potential to lift about 100 million people from poverty if countries commit to the agreement and put in the...
“The American president was the quintessential repository of stately virtue, democracy, legitimacy, wealth, elegance, majesty and freedom! Like the women of Jerusalem who cast down their garments on the highways for Christ’s motorcade, American presidents before Trump enjoyed such audacity of praise that even the angels coveted!”
Since 1788 when...
As the threat of a COVID-19 pandemic emerged earlier this year, many felt a sense of apprehension about what would happen when it reached Africa. Concerns over the combination of overstretched and underfunded health systems and the existing load of infectious and non-infectious diseases often led to it being...
Many African countries have been praised for waging an effective campaign to combat the spread of coronavirus despite their reputation for having fragile state health systems.
The continent, which has a population of more than one billion, has had about 1.5 million cases, according to data compiled by the John...
Russia is consistently working on strengthening multifaceted relations with Africa despite the numerous challenges. After the first Russia-Africa summit held in Sochi, authorities have been moving to build on this new page in the history of Russia's relations, based on shared values and interests, with African countries. Within the...
The land is essential to our lives – we grow food on it and rely on it for economic growth and development. In sub-Saharan Africa, approximately 83% of people depend directly on the land for survival.
However, approximately two-thirds of the continent’s productive land is degraded – it has lost...
Ending the US-China trade war will be nothing compared to the experience of her mother being kidnapped, according to one of the frontrunners to lead the World Trade Organization.
Ngozi Okonjo-Iweala, 66, said the reforms she spearheaded as Nigerian finance minister led to her octogenarian mother Kamene Okonjo being abducted...
The Organization of African Unity, now African Union (AU), under Kwame Nkrumah’s leadership conceived an African Common Market programme. Nkrumah envisioned it to be an economic community of African countries pulling their production and trade to a common advantage.
That, to Nkrumah, was the epitome of true independence. The idea...