Latest Africa news and analysis from across Africa.
AFRICA
Afreximbank has announced its ambitious goal to double its financing for intra-African trade to $40 billion by 2026. This initiative is part of the bank’s broader strategy to enhance economic integration across the continent by increasing support for trade activities among African nations. The plan was unveiled by Afreximbank’s President, Prof. Benedict Oramah, during the […]
AFRICA
The World Health Organization (WHO) has officially declared mpox a public health emergency of international concern, following the rapid spread of a more virulent strain of the virus across several African countries. This new strain has led to an alarming increase in cases, prompting global health authorities to issue urgent calls for international cooperation. Mpox, […]
AFRICA
The African Development Bank (AfDB) has committed to enhancing its investments in clean cooking initiatives across Africa. This strategic move aims to tackle the health and environmental challenges posed by traditional cooking methods. By promoting clean cooking technologies, the AfDB seeks to reduce indoor air pollution and deforestation, thereby improving the quality of life for […]
AFRICA
In a dramatic turn of events at the Paris 2024 Olympics, Faith Kipyegon of Kenya was initially disqualified from the women’s 5000m final, only to be reinstated to her silver medal position after an immediate appeal by Athletics Kenya. The race, held on Monday, August 5, was filled with tension and controversy as Kipyegon was […]
AFRICA
In a thrilling finale at the Stade de France, Joshua Cheptegei of Uganda set a new Olympic record in the men’s 10,000m, claiming gold with a remarkable time of 26:43.14 at the Paris 2024 Olympics. Cheptegei’s record-breaking performance solidified his status as one of the world’s premier long-distance runners. The race saw a competitive lead […]
AFRICA
The African Union (AU) recently concluded its 6th Mid-Year Coordination Meeting (MYCM) on July 22, 2024. Heads of State and Government, representing the Bureau of the Assembly of the AU and Chairpersons of the Eight Regional Economic Communities (RECs), along with Regional Mechanisms (RMs), adopted a Declaration that underscores the need to promote cooperation aimed […]
AFRICA
Monrovia, Liberia – July 21, 2024 Bloom Bank Africa Liberia Limited (Bloom Bank) organized a two-day financial literacy training program to empower local businesses. The event took place at Bloom Training Center located at Bloom Bank Africa Head Office, Sinkor, Monrovia, from July 19th to 20th, 2024. The training, themed “Managing Finance for You and Your Business,” attracted MSMEs from various business […]
AFRICA
Bahamas, June 14, 2024 Africa’s youth must take an active role in shaping the continent’s future, urged Mr. Gabriel Edgal, Chairman and Group CEO of Oakwood Green Africa. Speaking during the 31st Afreximbank Annual Meetings 2024 (AAM2024) in the Bahamas, Mr. Edgal highlighted the critical need for young Africans to be involved in decision-making processes […]
AFRICA
The 2024 African Trade Report, published by the African Export-Import Bank (Afreximbank), delves into the climate implications of the African Continental Free Trade Area (AfCFTA). The report underscores the significant threats climate change poses to African economies, highlighting that abrupt decarbonisation could erode African GDP by 1% and merchandise exports by 14.6%. The AfCFTA, by […]
AFRICA
During the ongoing Afreximbank Annual Meetings 2024 (AAM2024) and the AfriCaribbean Trade and Investment Forum (ACTIF2024) in the Bahamas, H.E. Mr. Wamkele Mene, Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat, emphasized the critical importance of harmonizing standards to boost industrial development and investment across Africa. Speaking at the session titled ‘Making […]