Staff Writer

  The African Development Bank Group (https://AfDB.org), in partnership with the Government of Angola and the European Union, has launched a $125 million Youth Employment Project (Crescer Project) to spur entrepreneurship and job creation among young Angolans. The project will create more than 112,000 indirect jobs, support the growth of over 10,000 micro, small, and medium-sized enterprises (MSMEs) and startups, and expand skills development in key sectors, including agriculture, aquaculture, […]

  CRDB Bank has entered three landmark partnerships with leading development finance institutions, FinDev Canada, DEG (KfW Group, Germany), and Shelter Afrique Development Bank (ShafDB), marking a significant milestone in its transformation journey to advance inclusive and sustainable finance across Africa.  The Memorandum of Understanding (MoUs) were signed during the CRDB Bank Investors and Partners Forum, held on the sidelines of the World Bank and IMF Annual Meetings in Washington […]

  The damage caused by payroll fraud and ghost employees is often catastrophic: large sums lost and additional spending in investigations and prosecutions. In many cases, the companies forgo legal actions and fire the fraudster, who often moves to a new business and restarts their crimes. "Most companies unfortunately only uncover payroll fraud by accident. They don't realise it's happening, and it can cost them millions," says Yolande Schoültz, founder […]

  The West African Development Bank (BOAD) (https://www.BOAD.org) has reached a new milestone by successfully completing a historic bond issuance of EUR 1 billion with a 15-year maturity on the international capital market. The deal drew strong investor interest, generating a record EUR 2.7 billion order book. This robust appetite enabled a 35-basis point spread tightening, resulting in a high yield coupon of 6.25%. The success of this issuance reflects […]

  The African Development Bank Group (AfDB) (www.AfDB.org), The International Finance Corporation (IFC), and partner organizations today announce the appointment of Inspired Evolution as the investment manager for Zafiri, a new decentralised renewable energy (DRE) equity investment vehicle targeting small-scale and decentralized renewable energy, to expand access to electricity and clean cooking solutions for tens of millions of people across sub-Saharan Africa. The appointment underscores Zafiri’s central role in Mission 300, […]

  As Africa’s digital economy moves toward seamless, borderless transactions, Converge Africa 2026 is setting the agenda for the leaders shaping that transformation. Returning to the CTICC in Cape Town from 4–6 May 2026, the event represents more than a conference; it is the strategic intersection of commerce, technology and innovation for the continent’s fastest-growing sector. Organised by VUKA Group, Converge Africa brings together the architects of digital commerce: retailers, […]

  President John Dramani Mahama has ordered the Ministry of Transport to facilitate the extension of the railway line from Tema Port to the Dawa Industrial Enclave in the Greater Accra Region. He says while awaiting the completion of the Mpakadan Inland Port on the Volta Lake, the Tema Port – Dawa Industrial Enclave Railway line project should be executed and operationalised to facilitate the transportation of cargo from the […]