Month: January 2024

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in Yaoundé signed a EUR200 million financing facility to support the Government of Cameroon in the implementation of its National Development Strategy. Dr. George Elombi, Executive Vice-President, Governance, Legal and Corporate Services, signed the facility agreement on behalf of Afreximbank while Louis Paul Motaze, Minister of Finance, signed for the Government of Cameroon during a ceremony held at the headquarters of the Ministry of Finance. […]

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has in line with government’s robust industrialization agenda, commissioned the Sentuo Oil Refinery Limited, on Thursday, 26th January, 2024 in Tema. The operationalisation of the two million barrels per annum refinery is a pivotal step towards securing Ghana’s collective energy future, and represents yet another important demonstration of the co-operation between the public and private sectors, one of which has enabled […]

Today, President Abdel Fattah El-Sisi received a phone call from the Prime Minister of Italy, Giorgia Meloni. Spokesman for the Presidency Counselor Ahmed Fahmy said the call reviewed ways to enhance joint cooperation in line with the historical relations that bind the two countries and peoples. The two sides welcomed the great momentum relations gained across all fields and discussed how to further expand them. The call also touched on […]

The Economic Community of West African States (ECOWAS) is taking proactive steps to address the complex human security challenges facing the region. To this end, its Early Warning Directorate (EWD) will host a critical workshop on regional human security analysis and coordination of experts from the 30th of January to the 1st of February 2024 in Abuja, Nigeria. This three-day event aims among others, to equip stakeholders with comprehensive insights, actionable recommendations, […]

H.E. Dr. Omar Alieu Touray, the President of the ECOWAS Commission received the Ambassador of Spain, H.E. Juan Sell, and Mr. Santiago Or-meno Garcia, the newly appointed Head of Spanish Cooperation in Nigeria and ECOWAS. This follow-up meeting, held on January 25, 2024, at the ECOWAS Commission Headquarters in Abuja, Nigeria. Their discussions, focused on crucial topics aimed at fostering stronger relations. Key highlights include the exploration of innovative strategies […]

An ECOWAS High Level mission arrived in Conakry, the Republic of Guinea on Sunday, 14th January 2024 to deliver humanitarian assistance to victims of the recent fuel dump explosion which resulted in loss of lives, injuries, damage to properties and forced displacement of residents of parts of Conakry, the capital city. On 19th December 2023, the residents of Kaloum Quarters in the Capital city woke up to a massive explosion from […]

Mauritania's Minister of Economy and Sustainable Development, Abdessalam Mohamed Saleh, and the African Development Bank's (www.AfDB.com) Deputy Managing Director for North Africa, Malinne Blomberg, signed, on Thursday in Nouakchott, financing agreements for two energy sector projects in Mauritania worth a total of US$289.5 million, covering solar power generation, transnational electricity interconnection and rural electrification. The ceremony was attended by the Minister of Energy, Oil and Mines, Nany Ould Chrougha, the […]

Ahead of FITUR, UN Tourism – the new name for the World Tourism Organization (UNWTO) released its latest data. The first World Tourism Barometer of the year highlighted the sector's recovery, with international arrivals back to 88% of pre-pandemic levels at the end of 2023. With full recovery expected in 2024, UN Tourism again served as the bridge between public and private sector leaders to build a more resilient and sustainable future. […]

The African Development Bank (www.AfDB.org) and Attijariwafa bank Europe, European subsidiary of the Attijariwafa bank group, have signed a €100 million risk-sharing agreement to strengthen businesses and trade across Africa. The pact is expected to catalyse nearly €500 million worth of trade for companies operating in more than twenty African countries. It will help to diversify production capacity in beneficiary countries and bolster competitiveness, generate higher tax revenues and create […]