The International Islamic Trade Finance Corporation (ITFC) Signs Seven Agreements Totaling US$ 1.2 Billion With Burkina Faso, Cote d’Ivoire, Nigeria, and Partner Banks

Agreements Signed on the Fourth Day of the 2023 Islamic Development Bank Group (IsDB) Annual Meetings in Jeddah The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), has signed seven major agreements with Azerbaijan, Burkina Faso, Cote d’Ivoire, Nigeria, and Uzbekistan on the last day of the […]

Continue Reading

African Development Bank appoints Ousmane Fall as Director of Non-Sovereign Operations and Private Sector

Fall takes on this new role with 17 years of experience The African Development Bank Group (http://www.AfDB.org) has appointed Ousmane Fall, a Senegalese national, as Director of Non-Sovereign Operations and Private Sector, effective from the 1st of August 2023. Fall takes on this new role with 17 years of experience. He spent the last four years at […]

Continue Reading

Afreximbank leads US$155 million strategic facility to Djibouti Ports and Free Zone Authority

The deal is targeted at supporting the development of a trade-enabling infrastructure to assist Djibouti in achieving its plan to become a regional trans-shipment and logistics hub The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in Nairobi announced the disbursement of a $120-million financing facility to Djibouti’s Great Horn Investment Holding (GHIH) for the execution of a series […]

Continue Reading
African Development Bank

African Development Bank adopts new Country Strategy Paper covering 2023-2028

The Board of Directors of the African Development Bank Group (www.AfDB.org) has endorsed the Bank’s 2023-2028 Country Strategy Paper for Mozambique on 13 June 2023. The new strategy aims to promote the country’s structural transformation by improving fiscal stability, creating decent jobs and generating inclusive growth. The strategy has two priority areas: fostering improved economic governance […]

Continue Reading
Flooding at Tarkwa

Severe flooding engulfs Bonsa as river bursts its banks at Tarkwa

The Bonsa River in Tarkwa in the Western region has overflown its banks resulting in severe flooding that has wreaked havoc on major parts of the town. The rising waters have forced residents to abandon their cars, with buildings now surrounded by a deluge of water. Nana Esi, a journalist from Space FM, told Citi […]

Continue Reading
Basketball Africa League

Five new teams, three new countries to compete in 2024 Basketball Africa League season tipping off on March 9 in South Africa

Defending BAL Champion Al Ahly (Egypt) Among Seven Teams That Have Competed in the BAL (https://BAL.NBA.com/) Before, Alongside First-Time Participants from Burundi, Central African Republic, Libya, Morocco and Rwanda. Season will Tip Off with First-Ever BAL Game in South Africa Featuring 2022 Runner-Up Petro de Luanda (Angola) Taking on First-Time BAL Participant FUS Rabat Basketball (Morocco) […]

Continue Reading
Africa Finance Corporation (AFC)

Africa Finance Corporation Appoints Emeka Emuwa as Chairman of Board

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading instrumental infrastructure solutions provider, today announces the appointment of Mr. Emeka Emuwa as Chairman of its Board of Directors. Mr. Emuwa brings a wealth of experience spread over three decades leading and transforming banking institutions across Africa. After completing a sterling 25-year career with Citibank where he […]

Continue Reading
Investing in African Mining Indaba

‘Disruptive Discussions’ at the Forefront of Engagements For Mining Indaba 2024, as the Event Marks Its 30th Anniversary

The world’s largest mining event, Investing in African Mining Indaba (https://www.MiningIndaba.com), is gearing up for a memorable year with a notable speaker line-up that will place critical issues in mining at the forefront of discussions in an unprecedented way. Mining Indaba, which takes place from 5-8 February 2024 in Cape Town, celebrates a milestone of […]

Continue Reading