COVID-19 devastates mining communities, increases rights risks

Major jewelry companies are improving their sourcing of gold and diamonds, but most cannot assure consumers that their jewelry is untainted by human rights abuses, Human Rights Watch said in a report released on Tuesday in advance of the...

Biden thrilled by General Motors’ announcement

U.S. President-elect Joe Biden is thrilled by an announcement on Monday "that General Motors is committed to working with the Biden-Harris Administration and the broader U.S. auto industry to build a future in which America leads the world in...

President Ramaphosa details investment opportunities in South Africa

In a letter to fellow citizens on Monday, President Cyril Ramaphosa detailed efforts by his administration to attract investments into South Africa.Dear Fellow South African, This week, we will be hosting the third South Africa Investment Conference. Given the impact...

African Development Bank President calls for joint fight against COVID-19

The global recovery from the COVID-19 pandemic will depend on the world coming together in a collective endeavor backed by science, finance and political resolve, African Development Bank president Akinwumi Adesina, told the Victoria Forum 2020, a virtual event...

Buhari to foreign investors: Come, Nigeria is ready for business

Nigerian President Muhammadu Buhari Thursday in Abuja urged international community and investors to take advantage of the country’s diversity in human and natural resources for investment, noting that youth development, integration and employment remain priority for his administration.Speaking at...

Uganda tops African countries with well-developed electricity regulatory frameworks – ERI 2020 report

Uganda has for the third time in a row emerged as the top performer in this year’s Electricity Regulatory Index Report published by the African Development Bank.The East African country, along with Namibia, Tanzania, Zambia and Kenya, the other...

Nigerian president lobbies Europe over WTO job for countrywoman Okonjo-Iweala amid Trump’s opposition

Nigeria's President Muhammadu Buhari on Friday held a video conference with Mr Charles Michel, President of the European Council and both discussed Europe’s support for Dr Ngozi Okonjo-Iweala to become the next Director-General of the World Trade Organization (WTO).President...

President Ramaphosa promises ‘efficient, reliable, safe and affordable public transport’ to South Africans

President Cyril Ramaphosa on Monday discussed the myriad of challenges South Africans face daily with public transportation.In his weekly letter to his countrymen, the South African leader promised rapid improvement.According to 2015 figures, around two-thirds of households...

Africa and US development financiers talk post COVID-19 pandemic

The continent’s largest development finance institutions have emphasized that a sustained and collaborative approach among development partners to scale up project development activities, will boost the number of bankable projects attracting investor interest and contribute to closing the infrastructure finance gap in Africa.They...

Half of women in the world are jobless, UN says in shocking new report

Less than 50% of working-age women are in the labour market, a figure that has barely changed over the last quarter of a century, according to a new UN report released on Tuesday. Unpaid domestic and care work falls disproportionately on...

Latest News

Atiku: I received the news Nigeria has entered another recession with a “very heavy heart”

It is with a very heavy heart that I received the confirmation that for the second time in five...

Atiku: I received the news Nigeria has entered another recession with a “very heavy heart”

It is with a very heavy heart that I received the confirmation that for the second time in five years, Nigeria has entered into...

South African President to G20: Time to double your support for Africa amid a ravaging COVID-19 economic crisis

South Africa's president Cyril Ramaphosa told the G20 leaders during a virtual summit on Saturday that Africa was in need of more help amid...

Ramaphosa to lead South African delegation at virtual G20 leaders’ summit

President Cyril Ramaphosa will lead the South African delegation to the virtual G20 Leaders' Summit between Saturday, November 21, and Sunday, November 22, 2020....

IMF disburses $10 million to Somalia

The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the first review of the Extended Credit Facility (ECF) arrangement for Somalia....
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