In a review held at the Africa Investment Forum 2018, the African Development Bank unveiled a new pipeline of over US $5 billion in private sector and public-private partnership projects for Lusophone countries on the continent.
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According to consulting group PwC's just-released annual Africa Oil & Gas Review, the outlook for the continent's oil and gas industry is favorable over the near term. The reason is the industry has been aggressively cost-cutting as price pressures grew tighter.
The British Council and Ynaija.com, a Nigerian news website and blog, announced the launching of the West Africa Arts Exchange (WAArtsExchange), a community of the talented artists from West Africa and arts lovers across the world.
As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.
Sweden has announced its investment of over SEK 800 million to the 'Strategy for Sweden'’s regional development cooperation in sub-Saharan Africa.
The Gulf of Guinea Interregional Network (GOGIN), a project of the European Union aimed at fighting crime at sea in conjunction with nineteen coastal countries on the African continent, just launched.
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
The Central African Economic Community (ECCAS) member states have produced model and common laws covering telecommunications, cyber security and a regulatory framework that will help govern cross-border telecom interconnections. The agreement was completed with the support of the Economic Commission for Africa (ECA) and the International Telecommunications Union (ITU).
A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.
United Nations leaders said today that much more needs to be done to prevent further suffering, strengthen resilience and preserve livelihoods in the wake of El Niño's devastating effects worldwide. Africa was the worst hit, with 40 million of the estimated 60 million affected globally residing in East and Southern Africa.
The United Nations will undertake a major review of progress made in the world’s 48 Least Developed Countries (LDCs) later this month.
SWIFT data shows a double digit growth of RMB adoption by financial institutions established in all regions. In February 2016, 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with mainland China and Hong Kong across all currencies.
A new industry report forecasts future trends for the growing worldwide demand for cardiovascular needles. North Amnerica is expected to continue to lead demand for the products, but all regions are seeing increased demand.
The World Health Organization just issued its latest Zika Virus situation report, including maps showing the spread of the virus worldwide and recommendations for those who are or may become infected.
A 6,830-ton North Korean cargo ship was seized by Philippine government officials as it docked into Subic Bay on March 3. The vessel, its cargo and its crew will be held indefinitely as part of new tougher United Nations sanctions recently approved against the North Korean government.
A new study by ABI Research suggests that despite a floating myth speculating that it will only be a matter of time before personal computers meet their demise, the market is still going strong and shows no sign of slowing down in the immediate future.
The FAO Food Price Index was stable in February, as falling sugar and dairy prices offset a substantial jump in vegetable oil prices from the previous month.
Vizocom is forming a strategic partnership with fixed satellite solution service provider iSAT Africa to merge mutual business relationship and operate satellite platforms such as the AFRICASAT-1a.
A growing number of pollinator species worldwide are being driven toward extinction by diverse pressures, many of them human-made, threatening millions of livelihoods and hundreds of billions of dollars worth of food supplies, according to the first global assessment of pollinators.
A new Greenpeace France investigations on Socfin, a company owned 38.75% by Bolloré group, has revealed the impact of the company’s plantations on forests, communities and wildlife in Africa.
Despite growing interest in safeguarding biodiversity of livestock and poultry, genetic erosion continues.
A petition has been posted on the White House's web site calling for Obama's prosecution for war crimes in The Hague.
The African Leaders Malaria Alliance recently honored 13 countries for achievement and urges continued commitment.
The United Nations is callingon developed and developing countries alike to implement innovative financing mechanisms with a view to raising much-needed funds to assist with the development of the neediest countries. The institution of surcharges on globalized activities is one of the four broad categories of innovative finance mechanisms that have been identified.
Income inequality in the world is getting worse and is bringing with it further damage to the poorest of the world's population.