The African Development Bank (AfDB) has advised that it is time to process cocoa and produce chocolate in Africa, and to end the continent being at the bottom of global value chains.
AfDB said there is huge opportunity for Africa, the largest producer of cocoa in the world, to rake...
Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are gateways for 80% of merchandise trade by volume and 70% by value. Investment in ports and their related transport infrastructure to advance trade...
Urban rail on the continent is vital in providing a very efficient alternative to transporting large volumes of passengers and freight at high frequencies and reasonable cost. Rallying with this notion, Ghana has embarked on intense rehabilitation and development of its national rail network.
This according to government, is to...
The novel coronavirus could kill between 83,000 and 190,000 people in Africa in the first year and infect between 29 million and 44 million in the first year if it is not contained, the World Health Organization (WHO) said last week Thursday.
The projections are contained in a new WHO...
The Secretary-General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has urged the 37 countries which have ratified the African Continental Free Trade Area Agreement to resort to the dispute settlement body that has been set up to address any challenge they might face.
He has also asked...
It is a known fact that Africa’s industrialisation is a long journey. There is a huge execution gap between the design thinking behind the entire ecosystem and implementation of same. It’s a very challenging continent with many hurdles. The Pan African Industrial Policy constructs across the regional blocs have...
Businesses in the Upper West regional capital have been urged to add value to their products so as to enable them take advantage of burgeoning opportunities in the Africa Continental Free Trade Area (AfCFTA).
Implementing the AfCFTA is expected to deepen trade between countries on the continent and help sustain government’s industrialisation agenda...
The office of Dr Jose-Manuel Pinto Monteiro, the lead lawyer for Venezuelan businessman, Alex Saab in Cape Verde says he is disappointed about the extent of interference the government, particularly the office of the prime minister, Ulisses Correia is having in their work.
They expressed the sentiments after news of...
The past year has been challenging for Africa. After a hopeful 2021 - during which the continent-wide GDP increased by nearly 7% and every region experienced real growth, the economy slowed in 2022 amid rising inflation, monetary tightening and geopolitical tensions. But it was also a year when African...
