The ECOWAS Bank for Investment and Development (EBID) has granted a line of credit of €10 million to Vista Bank Guinea to support the financing and promotion of SMEs and SMIs in the Republic of Guinea. The facility agreement was signed by Dr. George Agyekum DONKOR, President and Chairman of...
Thousands of protestors marched on the streets of Venezuelans at the Diego Ibarra Square in the capital Caracas, over the continued detention of President Nicolás Maduro’s frontman Alex Saab in Cape Verde. The protestors demanded the release of Alex Saab who is under house arrest in Cape Verde. Clad in T-Shirts...
Africa's economy should return to growth in aggregate across the continent in 2021 after a coronavirus recession, the African Development Bank said on Friday - while warning that poverty and public debt will continue to rise. The -2.1 percent contraction of the pan-African economy in 2020 was the first recession...
Coronavirus is threatening to undo recent gains made toward gender equality as millions of women and girls are predicted to have unwanted pregnancies and fall into poverty, world leaders said last week Thursday. A “wake-up call” is needed to protect women’s and children’s rights amid the pandemic, said the president...
Inflation in Sudan rose to 55.6 percent in March year-on-year from 54.34 percent in February, the state statistics agency said on Thursday, amid rising food prices that have kindled unrest and a hard currency shortage that has crimped imports. Prices have risen since the pound plummeted to record lows on...
COVID-19 infections in Africa today surpassed 500,000, and there is concern as a growing number of countries are experiencing a sharp rise in cases. So far, in less than five months, the virus has claimed 11,959 lives, overtaking the 11,308 lives lost in the world’s worst Ebola outbreak in West Africa...
South African utility Eskom said on Thursday rolling power cuts are unlikely despite coal supply possibly falling below a 20-day requirement at its Hendrina power station. On Thursday investigative news outfit AmaBhungane reported Eskom may be forced into nationwide electricity cuts after a coal mine linked to the Gupta family...
“Who said it was raining?” This question, simple on the surface, touches on the very core of our global dialogue. It raises issues of perspective, communication, and understanding intrinsic to the concept of civilization. Evoking the timeless journalistic axiom, “When someone tells you it is raining, and another tells you...
Ghanaian-born African Human Development Expert Dr. Ishmael Nii Amanor Dodoo has said that anyone who has the desire to play any leadership role in the transformation of Africa must first transform themselves. “Growing up in Africa and working across the continent throughout my career, I have come to the conclusion...
King Mohammed VI of Morocco and President of the Spanish Government, Mr. Pedro Sánchez, have solidified their relationship following a phone conversation to set the pace for implementation of partnership agreements on all issues of common interest. The ministers and other officials of both countries have therefore been tasked to...