Africa
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News
African NOCs boost project development with innovative financing strategies
CAPE TOWN, March 26, 2025 — African national oil companies [ NOCs ] are leveraging innovative financing strategies to advance oil and gas projects, ensuring continued investment despite shifting global energy markets.…
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AfDB Mulls US$ 500 Million Facility to Mobilise Financing for Smallholder Farmers
NAIROBI, March 22, 2025 — African Development Bank Group [AfDB] President Dr. Akinwumi Adesina has announced plans to launch a US$ 500 million facility designed to unlock US$ 10 billion in financing…
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Ecobank named Africa’s Best Bank for Trade Finance in Global Finance Awards
LOMÉ, March 21, 2025 — Ecobank Group, which also operates an affiliate in Uganda, has been named as the Best Trade Finance Provider Bank in Africa, at the Global Finance Trade Finance…
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Africa’s Filmmakers Accelerate Action for Gender Empowerment
KAMPALA, March 13, 2025 — As the world celebrates International Women’s Day this month, the film and television industry is revealing itself as a powerful arena of gender transformation, and a highly…
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Africa coffee exports jump 7.1 percent in January 2025 as Ivory Coast and Uganda lead
KAMPALA, March 10, 2025 — The latest report from the International Coffee Organisation [ICO] reveals that, in January 2025, exports of all forms of coffee from Africa increased by 7.1 percent, rising…
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AEC endorses U.S. Energy Secretary Chris Wright’s support for African energy independence
JOHANNESBURG, March 9, 2025 — U.S. Secretary of Energy Chris Wright delivered a decisive message at the Powering Africa Summit in Washington, D.C., affirming that Africa must be free to harness its…
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Faith and Ethical Communities Unite to Champion Reparative Justice for Africans and People of African Descent
ADDIS ABABA, February 27, 2025 — In alignment with the African Union’s [AU] 2025 theme, “Justice for Africans and People of African Descent through Reparations,” a two-day workshop will be held on…
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AfDB and Standard Bank unite to support SMMEs and boost trade
JOHANNESBURG, February 26, 2025 — The African Development Bank Group [AfDB] and Standard Bank Group [SBG] on Monday signed a landmark financial agreement to enhance funding for small, medium, and micro enterprises…
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Coffee prices surge to record highs amidst global market shifts
KAMPALA, February 21, 2025 –– In January 2025, the International Coffee Organisation [ICO] Composite Indicator Price [I-CIP] for green coffee reached an average of 310.12 US cents per pound [0.453592kg], marking a…
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For a successful integration, Africa needs an operating system update
DAKAR, February 20, 2025 –– Ask any traveler about their experience moving across parts of Africa, and you will likely hear about familiar challenges: high costs, indirect routes, and unpredictable schedules that…
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