News

  African Export-Import Bank (Afreximbank) (www.Afreximbank.com/), Africa’s leading Multilateral Financial Institution, made history today when it broke ground on its first-ever state-of-the-art Afreximbank African Trade Centre (AATC) in the Caribbean, marking a pivotal moment for trade relations between Africa and the CARICOM region. The US$180 million Barbados AATC, the first to be established outside Africa, is an authentic icon of trade embodying the ambition, resilience, and influence of leading commercial […]

By: Envaalde Matheus President Netumbo Nandi-Ndaitwa has urged members of Cabinet to act with clarity, integrity, and honesty, and to serve the Namibian people without fail. Nandi-Ndaitwah made this call on Tuesday in Windhoek during the official opening of the work of the 8th Administration and first Cabinet meeting at the State House. “I also urge you to carry out your responsibilities with boldness, transparency, and within the framework of […]

  The United Arab Emirates has strongly condemned the terrorist attack that targeted a mosque in a village located in southwestern Niger, resulting in dozens of deaths and injuries of innocent people. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that the UAE expresses its strong condemnation of these criminal acts and its permanent rejection of all forms of violence and terrorism aimed at undermining security and stability […]

  A new chapter of regional collaboration is taking shape in West Africa as the African Development Bank (www.AfDB.org) and the Council of the Entente explore closer ties to accelerate integration and sustainable development across five member states.  Nnenna Nwabufo, the Bank’s Vice-President for Regional Development, Integration, and Business Delivery, met with a delegation from the Council led by Deputy Executive Secretary Ali Idi at the Bank’s headquarters in Abidjan.   […]

  The African Development Bank Group (www.AfDB.org) plans to invest $331 million in key strategic sectors in Lesotho as part of its proposed Country Strategy Paper for 2025-2030 to boost economic growth and industrial competitiveness.  During an official visit to Lesotho — the first by an African Development Bank President — Dr. Akinwumi Adesina met with His Majesty King Letsie III to discuss strengthening development partnerships and expanding the Bank’s […]

  The African Development Bank (www.AfDB.org) and Ethiopian Airlines Group have signed a Letter of Intent for the development of the East African nation’s planned Abusera International Airport Project. The $7.8 billion project aims to address increasing passenger and cargo demands, reinforce Ethiopia’s position as a leading aviation hub, and stimulate regional economic growth.   Chief Executive Officer of Ethiopian Airlines Group Mesfin Tasew Bekele signed the Letter of Intent with […]

By: Envaalde Matheus Some experts say President Netumbo Nandi-Ndaitwah’s newly appointed Cabinet is inclusive, prioritizing technocrats and competent individuals over traditional political appointments. Experts commend her for assembling a team that reflects a balance of age, tribal diversity, racial representation, and regional inclusion. They said the President has shifted away from appointing leaders based solely on their struggle credentials. Former diplomat Pius Dunaiski has suggested that experienced ministers who were […]

  This year’s African Energy Week (AEW): Invest in African Energies conference will debut the first-ever National Oil Company (NOC) and International Oil Company (IOC) Forum, a dynamic platform that brings key public and private sector stakeholders into direct conversation to drive investment, secure new deals, foster local capacity building and advance exploration. A key focus of the forum will be enhancing collaboration in the exploration, development and production of […]

  Pan-African legal firm CLG – formerly Centurion Law Group – led a workshop during the inaugural Congo Energy&Investment Forum (CEIF) on the country’s legal and fiscal frameworks. The workshop – Mastering Business in Congo: Challenges and Strategic Solutions for Success –  delved into strategies investors can deploy to navigate the Republic of Congo’s business environment as the country prepares to launch an international licensing round. As a leading provider […]