On August 3, Bloomberg announced the 2022 class of Bloomberg New Economy Catalysts, a distinctive global group of breakthrough innovators, visionaries, scientists, policy-makers and entrepreneurs who are inventing possibilities for a more inclusive and prosperous world.
Launched in 2021, the community is both a celebration of and launch-pad for ideas,...
The Fund for Export Development in Africa (FEDA) has announced a US$85million investment into ARISE Integrated Industrial Platforms (ARISE IIP), the pan-African infrastructure developer and operator.
This deal demonstrates the confidence of FEDA in ARISE IIP’s development strategy.
The investment agreement was concluded on 16 November 2022 in London, between Marlène Ngoyi,...
On January 30, the African Development Bank (AfDB) announced the approval of a dual-currency trade Finance Line of Credit for the ECOWAS Bank for Investment and Development (EBID). The three-and-a-half-year facility, which comprises of US$50million and €50million, and additional co-financing of US$30million from the People’s Bank of China (PBOC),...
Telecommunications giant MTN and the Dangote Group have emerged as the most admired African brands, Brand Africa’s annual survey has revealed.
The 13th list of most admired brands in Africa is based on rankings conducted by Geopoll, Kantar and Brand Leadership across 32 African countries that account for more than...
From 27-28 July 2023, the second Russia-Africa Summit took place in Russia’s St Petersburg. Initially, the summit was scheduled in Addis Ababa in October 2022. However, the summit got postponed, most likely due to complications emerging from Russia’s war against Ukraine. Despite the presence of 49 out of 54...
Ghana was the first country to gain independence in Sub-Saharan Africa on 6th March 1957. Ghana's path to freedom was fuelled by growing nationalistic sentiment, spearheaded by figures like Kwame Nkrumah, decades of resistance, and calls for self-government, coupled with gradual increases in autonomy through constitutional development. These ultimately...
By Elliot WILLIAMS & Toma IMIRHE
Last week African Reinsurance Corporation, more commonly known simply as African Re, organized a three day workshop on Agriculture and Climate Insurance at the plush Labadi Beach Hotel in Accra, which hosted insurance professionals from 14 different countries on the continent.
Apart from participants from...
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...
Participants at a webinar to present the African Development Bank’s African Economic Outlook Supplement to Asian audiences on Monday have endorsed the report as critical for post-COVID-19 Africa.
The supplement revises the growth projections and outlook for Africa for 2020 and 2021 and highlights the impact of COVID–19 on Africa’s...
The African Export-Import Bank (Afreximbank), pan-African multilateral EXIM bank, and the African Energy Investment Corporation (AEICorp), an affiliated entity of the African Petroleum Producers’ Organization (APPO) that was established to support the development of Africa’s hydrocarbon and energy sectors have signed Framework Agreement Cairo.
The Agreement was signed by Professor...