African Development Bank debars Joycot General Contractors Limited for 15 months for fraudulent practices

On September 25, 2023, the African Development Bank Group (AfDB) announced a 15-month debarment of Joycot General Contractors Ltd., effective from September 8, 2023. Joycot General Contractors Ltd., a registered construction company in Kenya, faced this disciplinary action following an investigation conducted by the Bank’s Office of Integrity and Anti-Corruption. The investigation revealed that Joycot […]

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United Kingdom’s 400-year-old Iconic Educational Institution, Charterhouse, Opens its First African School in Lagos, Nigeria

Charterhouse one of the seven prestigious and renowned British independent educational institutions with a rich history spanning over four centuries, is proud to announce the opening of its first African school in Lagos, Nigeria’s bustling economic hub.  The introduction of Charterhouse Lagos marks the convergence of British independent school heritage with cutting-edge educational practices, ushering […]

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Unstoppable Africa 2023: Shaping a Future of Prosperity and Innovation

Unstoppable Africa 2023 has concluded, leaving a profound mark on the African continent. The two-day Global Africa Business Initiative (GABI) (https://www.GABI.biz) event aims to boost Africa’s standing in the global economy and establish the continent as the foremost destination for business, trade, and investment. This transformative gathering on the sidelines of the UN General Assembly has […]

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Afreximbank urges prioritisation of export trading companies to drive African small and medium enterprises (SME) participation in global trade

The African Export-Import Bank (Afreximbank) has called on African countries to prioritise the development of public and private export trading companies (ETCs) in order to position the continent’s small and medium enterprises (SMEs) to participate effectively in global trade. In an address to the Africa International Exhibition, which opened yesterday on the sidelines of the […]

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Kenya and US sign defense agreement ahead planned Haiti deployment

Kenya and the United States have inked a defense agreement aimed at bolstering Kenya’s capacity for security deployments, particularly in its role as the leader of a multi-national peacekeeping mission to Haiti, aimed at combating gang violence. The agreement, signed by Kenya’s Defense Minister Aden Duale and U.S. Defense Secretary Lloyd Austin during a meeting […]

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Mali Postpones Presidential Election Citing Technical Reasons

The military junta in Mali has officially announced the postponement of the presidential election, previously scheduled for February, citing “technical reasons.” According to government spokesman Col Abdoulaye Maiga, a new date for the election will be announced, and parliamentary polls will be held separately. The decision to delay the election stems from various issues, including […]

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