Month: February 2025

  The 2024 Economic Development in Africa Report by UN Trade and Development (UNCTAD) outlines how Africa can transform economic vulnerabilities into opportunities through trade, investment and regional integration. The African Continental Free Trade Area (AfCFTA), macroeconomic reforms and innovative financial tools can help stabilize economies and reduce reliance on volatile global markets. Investing in infrastructure, trade diversification and small and medium-sized enterprises (SMEs) is key to unlocking growth and driving sustainable development. Africa has […]

 The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), the trade finance entity of the Islamic Development Bank (IsDB) Group, announced the appointment of Mr. Nazeem Noordali as Officer-in-Charge, Chief Executive Officer (CEO) ITFC, effective from 8th February 2025. This appointment followed the completion of the full tenure as Chief Executive Officer (CEO) by Eng. Hani Salem Sonbol on February 7, 2025. Mr. Noordali assumes this role after serving as the […]

 Ten years ago, residents from the Bille and Ogale communities in Nigeria claimed their livelihoods had been destroyed and homes damaged by hundreds of oil spills caused by Shell. The pollution caused widespread devastation to the local environment, killing fish and plant life, leaving thousands of people without access to clean drinking water. The communities brought their claims in the UK courts however Shell repeatedly delayed the case arguing it […]

 Africa is at the epicentre of overlapping global crises – economic shocks, climate disruptions and geopolitical tensions – that compound vulnerabilities. UN Trade and Development’s (UNCTAD) Economic Development in Africa Report 2024 highlights how economies face heightened uncertainty during major shocks, including the 2008 financial crisis, the 2014 commodity price collapse and COVID-19. The report calls for stronger regional trade networks to reduce dependence on external markets, enhance stability, mitigate global shocks and […]

 The Committee on Economic, Social and Cultural Rights today opened its seventy-seventh session. The Committee adopted its agenda and programme of work for the session, during which it is scheduled to review the reports of Croatia, Peru, Philippines, Rwanda and the United Kingdom. Opening the session, Wan-Hea Lee, Chief of the Civil, Political, Economic, Social and Cultural Rights and Urgent Actions Section, Human Rights Treaties Branch, Human Rights Council and […]

 Seyed Abbas Araghchi, Iran’s Foreign Minister, held a telephone conversation with his Gambian counterpart, Mamadou Tangara, whose country currently holds the rotating presidency of the Organization of Islamic Cooperation (OIC). The Sunday night discussions focused on the latest developments in occupied Palestine and Gaza. Araghchi strongly condemned the dangerous and criminal U.S.-Zionist conspiracy aimed at the ethnic cleansing of Gaza and the forced displacement of Palestinians from their homeland. He […]

 The African Association of Energy Journalists and Publishers, AJERAP (www.AJERAP.org) will host a side event at the Petroleum Technology Association of Nigeria, PETAN’s Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) to officially launch the association on Tuesday, February 11, 2025, in Lagos, Nigeria. AJERAP is an association of energy journalists and publishers established to promote accurate reportage and analysis of the energy, environment, sustainability, and related sectors from an […]

 The Danish Refugee Council (DRC), United Nations Food and Agriculture Organisation (FAO), International Federation of the Red Cross and Red Crescent Societies (IFRC), IGAD Climate Prediction and Applications Centre (ICPAC), and the World Food Programme (WFP) have welcomed a contribution of EUR4 million from the Directorate-General for European Civil Protection and Humanitarian Aid Operations (DG ECHO) to launch a joint project to protect vulnerable communities in the Greater Horn of […]