Staff Writer

  The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, is pleased to announce its support for a landmark EUR 132.5 million financing arranged by Standard Chartered for Joint-Stock Company “O'zbekiston Metallurgiya Kombinat” (Uzmetkombinat), the largest steel producer in Uzbekistan.  The financing, backed by ICIEC’s sovereign cover, will enable the completion of Uzmetkombinat’s […]

  Junior Achievement (JA) Africa (https://JA-Africa.org) successfully concluded the 15th edition of the JA Africa COY Competition, held from December 3–5, 2025, in Abuja, Nigeria, bringing together Africa’s brightest young entrepreneurs to showcase innovative business solutions aligned with the theme “ACT! Action for Climate Transformation.” The continental finals convened student companies from across Africa who had progressed through national JA Company Program competitions to compete across six innovation tracks: Innovation&Technology, […]

  Stronger cooperation among Global South nations is becoming increasingly urgent as countries seek new pathways to accelerate development, expand trade and strengthen long-term economic resilience. For Africa, strengthened ties among Global South nations is particularly valuable, offering a viable solution to unlocking the continent’s natural and mineral wealth and allowing the continent to move beyond fragmented growth and toward coordinated strategies that deliver tangible results. The African Energy Chamber […]

  President Isaias Afwerki met this morning in Adi Halo with a Chinese delegation led by Mr. Hu Changchun, Special Envoy for the Horn of Africa Affairs of the Foreign Ministry of China. At the meeting, President Isaias underlined the imperative for China to foster ties of constructive engagement with Africa and to strengthen capacity-building in these crucial times of global change in a manner not encumbered by a sheer […]

  Tripoli will host the fourth annual Libya Energy&Economic Summit (LEES) 2026 from January 24-26, 2026, in an expanded three-day format designed to fast-track infrastructure development and unlock large-scale investment required to drive Libya’s next phase of energy growth. Organized by Energy Capital&Power (ECP) (https://EnergyCapitalPower.com) and officially endorsed by the Office of the Prime Minister, the Ministry of Oil&Gas, the National Oil Corporation (NOC) and the Renewable Energy Authority of […]

  Africa requires an estimated $375 billion over the next 10 to 12 years to adequately fund upstream and midstream gas development across the continent, according to non-profit organization the Society of Petroleum Engineers (SPE). According to Dr. Riverson Oppong, Africa Director, SPE, who spoke during a workshop at this year’s MSGBC Oil, Gas&Power 2025 conference and exhibition – hosted by SPE Senegal – Africa is on track to support […]

  Vestergaard Sàrl (www.Vestergaard.com) and Harvestfield Industries Limited today marked a historic milestone with the ground-breaking of a first-of-its-kind joint venture to transform malaria prevention and strengthen health security through direct investment in mosquito net manufacturing in Nigeria. The new joint venture, named SNG Health, will manufacture PermaNet® Dual, Vestergaard’s latest, dual active-ingredient pyrethroid-chlorfenapyr net designed to combat insecticide resistance. Production at the state-of-the-art facility is scheduled to begin in […]

  Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced the inauguration of the expanded Cabeolica Wind Farm and Battery Energy Storage System (BESS) in Cabo Verde- an achievement made possible through AFC’s catalytic €55million bridge financing provided in 2024. The ceremony, officiated by Prime Minister Ulisses Correia e Silva, marks a major step forward in the country's renewable energy ambitions. AFC’s early financing enabled rapid […]

  On the evening of 21 December 2025, a football match will kick off between Morocco and Comoros in Rabat. It will be the opening game of the 35th edition of the TotalEnergies CAF African Cup of Nations (TotalEnergies CAF AFCON) tournament. The game will have an audience of millions. There will likely be a full house of 68,000-odd fans at the Prince Moulay Abdellah Stadium, but the overwhelming majority […]