Africa Business Ghana West Africa World 

IMF approves $3 billion Ghana loan after debt restructuring delays

The International Monetary Fund’s executive board on Wednesday approved a $3 billion, three-year loan program for Ghana. The approval comes after months of delays due to a difficult debt restructuring program. With the approval, the West African nation would now access about $600 million immediately towards tackling its worst economic crisis in decades. But the IMF said in a statement… Read More
Africa Featured Ghana World 

Opinion: The power of entrepreneurship to reduce inequality in Ghana

In our experience, working with young African leaders and entrepreneurs for over a decade, we have learnt that with the right support and access to resources, young people have the potential to create jobs and income opportunities for themselves and others. We have debunked commonly accepted norms around entrepreneurship and job creation in Africa and modelled a perspective in the… Read More
Africa 

Egyptian and Qatari medical aid arrives in Port Sudan

Qatari and Egyptian military planes, loaded with tons of humanitarian and medical aid, arrive at Port Sudan airport. Neighbouring nations have been providing aid supplies and evacuating hundreds of people of various nationalities since the beginning of the fighting between the Sudanese army and the Rapid Support Forces According to Khaled Abdullah, Director of the Emergency and relief department at… Read More
Africa 

Actor Forest Whitaker unveils a training centre for his NGO near Paris

Renowned actor Forest Whitaker, who has portrayed a dictator, a Mafia hitman and a butler, has taken on what for some may be his most inspirational role. Whitaker officially inaugurated on Wednesday his Whitaker Peace and Development Initiative in Seine-Saint-Denis, meant to bring business, communication and conflict resolution skills to the young people of France’s poorest region. Free classes are… Read More
Africa 

Kenya’s Ruto attends 3rd Pan-African Parliamentarians Summit

Kenya’s President William Ruto delivered a keynote speech at the 3rd Pan-African Parliamentarians Summit on Climate Policy and Equity.  He spoke of the potential Africa has in helping to mitigate climate change. “Our continent has the potential to remove over 300 million tonnes of CO2 per year,” he says. “Africa has 30 to 40% of the world’s minerals including those… Read More
Africa Investments 

African Development Bank-funded enterprise produces affordable, healthier vegetables using urban rooftop hydroponics

Africa is highly vulnerable to climate change, and its impacts—flooding, droughts, cyclones, sea-level rise– are already driving shifts in how Africans grow food, live, and earn their livelihoods. Yet, most of the climate funding for the continent goes toward climate mitigation rather than adaptation. This is a problem, partly because adaptation creates well-paying jobs and diversifies economies, strengthening societal resilience.… Read More
Africa 

Kenyan world record holder Kipruto provisionally suspended

Kenyan athlete and 10-km road race world record holder Rhonex Kipruto has been provisionally suspended for an anti-doping violation, the Athletics Integrity Unit (AIU) said on Wednesday. Kipruto, who also won a 10,000m bronze medal in the 2019 world championships, broke the 10-km road race world record in 2020. The AIU said on Twitter that Kipruto had been suspended “for… Read More
Africa 

Libya’s east-based parliament votes to suspend PM

One of Libya’s two administrations voted Tuesday to suspend and investigate its prime minister, accusing him of failing to achieve his government’s objectives, the parliament’s spokesperson said. Fathi Bashagha was prime minister of Libya’s eastern-based parliament, known as the House of Representatives, which operates in Tobruk. Torn by civil conflict since 2011, Libya is divided between two rival governments, each… Read More
Africa Investments 

African Development Bank Group 2023 Annual Meetings – Commemorating Africa Day: “ Africa’s Youth: Africa’s Development Answer”

African Development Bank Group 2023 Annual Meetings – Commemorating Africa Day: “ Africa’s Youth: Africa’s Development Answer” | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More
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