Category: Business
UN Secretary-General Guterres Advocates More Debt Relief for Africa
ADDIS ABABA, ETHIOPIA — United Nations Secretary-General Antonio Guterres said Saturday that African countries are being denied needed debt relief, noting that because of a lack of financial support, the African continent is facing a very difficult sit…
Malpass Sets Plan for Early Departure as World Bank Chief
World Bank President David Malpass on Wednesday said he would leave his post by the end of June, months after running afoul of the White House for failing to say whether he accepts the scientific consensus on global warming.Malpass, appointed by former…
African Businesswomen Press for AU Border Harassment Dialogue
African women and girls are discussing the harassment and discrimination challenges they face trying to conduct cross-border business under the African Continental Free Trade Agreement (AfCFTA).The meeting in Addis Ababa, called “Gender is My Agenda,” …
African Businesswomen Press for AU Border Harassment Dialogue
African women and girls are discussing the harassment and discrimination challenges they face trying to conduct cross-border business under the African Continental Free Trade Agreement (AfCFTA).The meeting in Addis Ababa, called “Gender is My Agenda,” …
Africa: 36.1 million people affected by drought in IGAD region
MOMBASA (Kenya)— About 36.1 million people in the IGAD region have been affected by the current drought situation and are facing heightened levels of food insecurity.The drought is also said to have wiped out an estimated 4.2 million head of livestock,…
Central African States Fail to Honor Timber Export Ban
Officials say most member states in the Central African Economic and Monetary Community, CEMAC, have failed to honor a ban on raw timber exports that was enacted last year to conserve forests and create jobs by locally processing wood.The six member co…
Central African States Fail to Honor Timber Export Ban
Officials say most member states in the Central African Economic and Monetary Community, CEMAC, have failed to honor a ban on raw timber exports that was enacted last year to conserve forests and create jobs by locally processing wood.The six member co…
AfDB and partners mobilise $30 billion for African farmers
DAKAR— The Dakar 2 Feed Africa Summit ended with a $30 billion pledge by the African Development Bank (AfDB) and development partners to finance food and agribusiness on the continent in the next five years.Of the amount announced at the summit held in…