More than US$500m to address the COVID-19 pandemic  IFC, a member of the World Bank Group, committed US$5.6billion to private sector development in the Middle East and sub-Saharan Africa in fiscal year 2020, supporting businesses across the two regions to launch, grow, provide jobs and fight impacts of the...
The father of a schoolgirl kidnapped by Boko Haram in Nigeria has described the pain of losing his daughter again. His daughter was among several others taken to the capital, Abuja, to meet President Muhammadu Buhari after their release from a month in captivity. The father told the BBC that he...
Introduction to the last piece—well, for now. I understand the reservations a person may have about the Diaspora. Any reservation a person may have about this whole ‘Diaspora for nation and continent building’ thing is very well understood. For a people who have spent centuries in bondage and having been...
Zambia’s annual inflation rate quickened to 7.4 percent in April from 7.1 percent a month earlier, official data showed on Thursday. On a month-on-month basis, the rate slowed to 0.6 percent in April compared with 1.3 percent in March, data from the Central Statistical Office showed. “The increase in the annual...
Industrie du Maroc Magazine is organizing the 5th Edition of the Matinées de l'industrie event, under the central theme of « The water industry: Urgent and future challenges ». This edition will be held on January 24 at the Grand Mogador in Casablanca. The issue of water resource management has...
The African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and African Continental Free Trade Area (AfCFTA) secretariat, today hosted an official business roadshow in Dubai, the UAE, ahead of the Intra-African Trade Fair (IATF 2023) to be held from 9th to 15th November 2023 in Cairo,...
South Africa will proceed with plans to expand nuclear power generation but coal will remain the main energy source, Energy Minister David Mahlobo said on Thursday. South Africa’s nuclear plans are shrouded in controversy, with local activists and the media raising concerns about transparency and costs as well as safety...
African currencies net losers in oil spike Russia’s war in Ukraine has sent oil skyrocketing to more than $130 a barrel—its highest price since the global financial crisis. Elevated oil prices alongside limits on Russian oil exports are likely to benefit African crude producers including Algeria, Angola, Nigeria, Libya and...
Misheck Mutize IMF managing director Kristalina Georgieva and World Bank group president David Malpass have offered debt relief to developing countries. A debt service relief package has been approved by some of the world’s biggest lenders for more than 25 African countries. The arrangement includes the World Bank, the International...
The hue and cry about domestic workers having a regulation to govern their activities in Ghana and abroad is no longer an illusion but a reality.  Domestic work is one of the world’s oldest occupations. It basically refers to domestic chores performed in a home or domestic setting. The...

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