Posted in Business Market

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…

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Posted in Business Market

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…

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Posted in Business Market

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,” …

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Posted in Business Market

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,” …

Read More African Businesswomen Press for AU Border Harassment Dialogue
Posted in Business Market

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,…

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Posted in Business Market

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…

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Posted in Business Market

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…

Read More Central African States Fail to Honor Timber Export Ban
Posted in Business Market

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…

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