Africa Investments 

African Development Bank Group signs Memorandum of Understanding with ECOWAS for $3.56 million grant to develop West Africa pharmaceutical industry

<!– Photo caption: The signing of the grant agreement took place at the Bank’s premises in Abuja, 23 March 2022. –> The African Development Bank and the Commission of the Economic Community of West African States (ECOWAS) have signed a memorandum of understanding for $3.56 million in grant funding to support the development of pharmaceutical industries in West Africa. Lamin… Read More
Africa 

Coffin of slain Corsican nationalist Colonna arrives for church ceremony

Last updated: 2 hours ago Several hundred people accompany the coffin of Yvan Colonna through the streets of Cargèse, Corsica, to the Latin church where his funeral is taking place. The pro-independence activist, a local, was fatally attacked by a fellow inmate in Arles prison, where he was serving his sentence for the 1998 assassination of the prefect Claude Erignac.… Read More
Africa 

Mali: ECOWAS leaders meet in Accra to debate sanctions

West Africa’s regional bloc ECOWAS leaders on Friday staged a summit over Mali’s political crisis, three months after slapping tough sanctions on the Sahelian nation. The talks in the Ghanaian capital Accra opened “behind closed doors between heads of state”. Malian Foreign Minister Aboudlaye Diop confirmed the meeting in a tweet. Also in discussions were the situation in Guinea and… Read More
Africa Business Ghana West Africa World 

Ghana’s President and ministers take pay cuts to deal with economic crisis

– – The Ghanaian President, Nana Akufo-Addo and his appointees have taken a 30% salary reduction as the country reels under economic challenges. The pay cut also affects heads of State-Owned Enterprises and takes effect from next month, according to the minister for Finance, Ken Ofori-Atta. The government is hoping to raise some $400 from this pay cuts and other reduced… Read More
Africa 

Ethiopia: Guterres welcomes Tigray humanitarian ceasefire agreement

“The conflict in Ethiopia has caused terrible suffering for millions of people across Afar, Amhara, Tigray, Benishangul Gumz and Oromia”, said UN Spokesperson, Stéphane Dujarric, in a statement issued on behalf of Secretary General António Guterres. .@antonioguterres welcomes the declaration by the Ethiopian Government of an indefinite humanitarian truce, effective immediately and the commitment by Tigrayan authorities to a cessation of hostilities effective immediately: https://t.co/B500B21yJD —… Read More
Africa 

Biden eats pizza with US troops in Poland

Last updated: 25 minutes ago President Joe Biden visited U.S. troops stationed near Poland’s border with Ukraine on Friday and was getting a first hand look at the growing humanitarian response to the millions of Ukrainians who are fleeing to Poland to escape Russia’s assault on their homeland. Biden’s first stop was with members of the U.S. Army’s 82nd Airborne… Read More
Africa 

Zimbabwe: How flour smugglers are saving deprived communities

It is always a relief for residents here at Harare neighbourhood in Zimbabwe when the truck of foodstuff with food items from South Africa. Children rush to unload flour, oil, washing powder by deliverymen who profit from a juicy informal business still fuelled by the recent rise in prices. In Zimbabwe, these essentials are lacking and everything is expensive: food,… Read More
Africa Investments 

Ghana: Report warns that climate risks could cost Ghana’s transport sector $3.9 billion, but roadmap offers hope

A new report estimates that by 2050 climate risks could cause damage worth $3.9 billion in Ghana’s transport sector. But the report also offers a roadmap that could prevent the worst from happening. It also highlights extensive efforts by the government to counter climate risks. The potential damage of $3.9 billion is thrice the investment of $1.3 billion made in… Read More
Africa Investments 

OPINION: Out of Ukraine war, a plan for Africa's food security

* Any views expressed in this opinion piece are those of the author and not of Thomson Reuters Foundation. Original story : https://news.trust.org/item/20220325113512-8uzjv A foreign conflict has exposed Africa’s dependence on imports and is galvanising action to boost local food production and tackle climate threats Patrick Verkooijen is CEO of the Global Center on Adaptation, Anne Beathe Tvinnereim is Norway’s Minister… Read More
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