Staff Writer

 H.E. Ahmed Shide meets with the World Bank Executive Director for Africa Group 1 Constituency, Dr. Zarau Kibwe arrives for a three-day official visit in Ethiopia. Dr. Kibwe represents Ethiopia and a group of 21 other African countries in the World Bank Board.  His Excellency briefed the Executive Director on the successful implementation of the macroeconomic reform, strong portfolio performance, and discussed ways to deepen cooperation between Ethiopia and the […]

  At least 510,182 internally displaced people (IDPs) across Benue state Dire conditions in IDP camps Children and pregnant women amongst most vulnerable The Nigerian authorities must take urgent steps to avert a humanitarian catastrophe in the central state of Benue where attacks by gunmen have displaced at least 500,000 people, many of whom are languishing in squalid camps without access to sufficient water, poor sanitation, food and healthcare, Amnesty […]

 Verdant Capital is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) (https://Verdant-Cap.com/) has completed a USD 3 million investment loan in Bfree. This investment will be used for distressed loan portfolio financing whereby Bfree will be purchasing distressed loan portfolios from inclusive financial institutions in Africa. In addition, Bfree will benefit from initiatives supported by the Fund’s technical assistance facility. Bfree was established in 2020, and it […]

 Hon. Dhananjay Ramful, Minister of Foreign Affairs, Regional Integration and International Trade, Republic of Mauritius will pay a visit to Japan from July 13 to 16. During his stay in Japan, the Minister will meet with Mr. IWAYA Takeshi, Minister for Foreign Affairs of Japan, and will participate in the National Day Event of Expo 2025 Osaka, Kansai, Japan, as official guest of the Government of Japan. The visit of […]

 At an activity assessment meeting held on 7 and 8 July, the National Union of Eritrean Women branch in the Southern Region called for enhanced organizational capacity, particularly among young women. According to the report presented at the meeting, 65% of the programs planned for 2025 have been completed. In addition, 118 women have been elected as area administrators and managing directors, and 850 women as village coordinators. Encouraging awareness-raising […]

 Three dams have been constructed in Mai-Mne sub-zone, Southern Region, at a cost of over 20 million Nakfa. The construction was carried out through a joint effort by the Southern Region administration and members of the Defense Forces. The dams, with capacities of 250,000, 85,000, and 75,000 cubic meters respectively, are expected to make a significant contribution to the provision of water for both the population and livestock in the […]

 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) launched the second edition of Foundations and Evolution of Structured Trade Finance, a landmark publication on a specialised field of trade finance shaped by decades of real-world application. Authored by Professor Benedict O. Oramah, President and Chairman of the Board of Directors of Afreximbank and a pivotal figure in the development of Structured Trade Finance (STF), the book provides a practical, step-by-step guide to structuring trade […]

 According to the World Bank's April 2025 Burkina Faso Economic Update, the country's economy grew by 4.9% in 2024 compared to 3.0% in 2023. Real per capita GDP growth also increased from 0.7% to 2.5% over the same period. This acceleration is attributed mainly to the performance of services and agriculture, supported by an improved security situation, favorable weather conditions, and increased government support to the agriculture sector. However, inflation increased […]

 On behalf of the Government of the United States of America, I extend best wishes as the people of South Sudan mark their country’s independence day on July 9.   We reaffirm the friendship between the people of our two countries, which began decades before South Sudan’s independence in 2011.  We look forward to continuing to work together to ensure a more peaceful and prosperous future that benefits the people of […]