Italia Africa Business Week: Strengthening the relationship between Italy and Africa
The video portrays various segments in the Italia Africa Business Week (IABW) that supported a closer relationship between Italy and Africa and a collaborative plan on improving the economic state…
Kenya’s President Ruto rings closing bell at New York Stock Exchange
President William Ruto recently visited the New York Stock Exchange where he met dignitaries and rang the closing bell at the bourse to signify the closing of the day's trading. Targeted…
World’s richest families are backing Gabon’s Conservation ambition
Some of the world’s richest families have entered a financial arrangement that will help the planet’s second-most forested nation conserve 30% of its natural capital. The agreement with Gabon is backed by Enduring…
AFRICA’s SUPER carrier plans to DOUBLE its fleet by 2035 – what you should know
Ethiopian Airlines has announced a progressive goal to expand its fleet and enlarge its network. The airline’s “Vision 2035” plans, confirmed recently, will introduce more than a hundred new aircraft to its…
US Africa Leaders Summit 2022: Biden planning multi-country trip to Africa in 2023
President Biden is planning a multi-country trip to Africa next year, with an announcement expected to be made at the US Africa summit, two sources familiar with the plans told Axios.…
Biden to support African Union becoming a permanent G-20 member
President Joe Biden will throw his backing behind the African Union getting permanent membership in the Group of 20 during a summit this week in Washington, a top aide said. “It’s past time Africa has permanent seats…
AfDB’s African Development Fund mobilises $8.9bn for low income countries
The ADF had its highest replenishment in its 50-year history, which will fund grants and soft loans to the continent’s low-income countries for the next three years. The African Development Fund has raised $8.9bn from international donors to…
Developing countries are facing a $2.5 TRILLION DEBT SHOCK and AFRICA is on the frontline – what you should know
Developing nations may need to find as much as $2.5 trillion over five years to meet external debt-service costs as interest rates rise and poorer countries struggle to refinance borrowings, a Finance for…
Ghana Credit Rating Cut by Moody’s on Debt-Restructuring Plan
Ghana was downgraded deeper into junk territory by Moody’s Investors Service on the likelihood that private creditors will incur steep losses during the government’s planned debt restructuring. The country’s credit rating was slashed by two levels to Ca,…
AfCFTA December 2022 UPDATE: AU Chairperson Lauds AfCFTA PROGRESS
The Chairperson of the African Union Commission Moussa Faki Mahamat has commended the remarkable strides made in the operationalization of the Africa Continental Free Trade Agreement (AfCFTA) aimed at promoting the economic integration of African Union member states. Speaking…
