Month: March 2025

 The African Development Bank Group (www.AfDB.org) plans to invest $331 million in key strategic sectors in Lesotho as part of its proposed Country Strategy Paper for 2025-2030 to boost economic growth and industrial competitiveness.  During an official visit to Lesotho -- the first by an African Development Bank President -- Dr. Akinwumi Adesina met with His Majesty King Letsie III to discuss strengthening development partnerships and expanding the Bank's investments […]

 The African Development Bank (www.AfDB.org) and Ethiopian Airlines Group have signed a Letter of Intent for the development of the East African nation’s planned Abusera International Airport Project. The $7.8 billion project aims to address increasing passenger and cargo demands, reinforce Ethiopia’s position as a leading aviation hub, and stimulate regional economic growth.   Chief Executive Officer of Ethiopian Airlines Group Mesfin Tasew Bekele signed the Letter of Intent with African […]

 A new chapter of regional collaboration is taking shape in West Africa as the African Development Bank (www.AfDB.org) and the Council of the Entente explore closer ties to accelerate integration and sustainable development across five member states.  Nnenna Nwabufo, the Bank’s Vice-President for Regional Development, Integration, and Business Delivery, met with a delegation from the Council led by Deputy Executive Secretary Ali Idi at the Bank’s headquarters in Abidjan.   The […]

 Pan-African legal firm CLG – formerly Centurion Law Group – led a workshop during the inaugural Congo Energy&Investment Forum (CEIF) on the country’s legal and fiscal frameworks. The workshop – Mastering Business in Congo: Challenges and Strategic Solutions for Success –  delved into strategies investors can deploy to navigate the Republic of Congo’s business environment as the country prepares to launch an international licensing round. As a leading provider of […]

 This year’s African Energy Week (AEW): Invest in African Energies conference will debut the first-ever National Oil Company (NOC) and International Oil Company (IOC) Forum, a dynamic platform that brings key public and private sector stakeholders into direct conversation to drive investment, secure new deals, foster local capacity building and advance exploration. A key focus of the forum will be enhancing collaboration in the exploration, development and production of hydrocarbon […]

 The UN World Food Programme (WFP) has rapidly mobilized additional assistance in Burundi to support the large influx of families fleeing violence in the eastern Democratic Republic of the Congo (DRC). The sharp increase in refugees in need of aid has placed a significant strain on WFP food assistance programmes in Burundi. Since January 2025, nearly 70,000 people - mainly women, children and the elderly – have fled fighting in […]

 President Isaias Afwerki received, at the Denden Guest House in the mid-afternoon hours today, the Foreign Minister of Oman, Mr. Badr bin Hamad Al Busaidi. The Foreign Minister delivered a message from the Sultan of Oman, His Majesty Haitham bin Tariq, to President Isaias Afwerki on the enhancement of bilateral ties as well as on regional and international issues of mutual interest. President Isaias noted that the historical and long-standing […]

 The Youth Organizations Week, organized by the National Union of Eritrean Youth and Students branch in the Southern Region and conducted from 4 to 21 March, has concluded. The week-long event, which included participation from youth in the region’s 12 sub-zones, featured artistic and science-based competitions, innovation and creativity showcases, as well as recognition of outstanding students. Mr. Girmay Gebru, head of the union branch in the region, said the […]