Staff Writer

 By Arnaud Bouraïma, Chief Commercial Officer at Webb Fontaine (www.WebbFontaine.com) As global trade continues to expand, customs administrations all over the world face increasing challenges in collecting accurate revenue and minimising fraud. In Africa, these challenges are particularly acute. Studies show that giving customs inspectors better information can improve fraud detection by 21.7 percentage points and increase tax collection by 5.2 percentage points (https://apo-opa.co/4c54C1C). Webb Fontaine, a leading provider of trade […]

 Ghana is capitalizing on its gold exports (https://apo-opa.co/4iOXHfD) to drive economic growth, with revenues increasing to $11.6 billion in 2024 - a 52.6% increase from the $7.6 billion recorded in 2023. Gold exports accounted for 57% of the country’s total export revenue (https://apo-opa.co/4hHk0lZ), solidifying the industry’s role as a key contributor to GDP expansion. Notably, small-scale miners contributed $5 billion to the sector’s export revenue. As Ghana continues to enhance gold production […]

 "Water is life; when there is no water, it is as if there are no people living." These profound words from 'Masechefo Sechefo, a Community Councilor at Ha Sekete village, capture the essence of existence in rural Lesotho before the African Development Bank's transformative intervention. In a country where water ironically constitutes 30% of the nation's GDP, many rural Basotho paradoxically lived without access to clean water. This stark contradiction […]

 Cassava Technologies (www.CassavaTechnologies.com) announced today that it plans to build Africa’s first AI factory — a powerful and super-secure data centre facility powered with NVIDIA AI computing technology. This will give African businesses, governments and researchers access to cutting-edge AI computing capacity — helping them develop smarter AI products, streamline operations and stay competitive in a fast-changing world. It provides the supercomputers and software needed to train AI while keeping […]

 World Football Summit (WFS) (https://WorldFootballSummit.com/), the premier international event for the football industry, today announced a groundbreaking joint venture with FC Mother, the pioneering organization leveraging football's global reach to improve maternal health outcomes worldwide. Through this collaboration, FC Mother will lead the new "Health, Well-being and Longevity" platform at WFS events, starting with the upcoming Women's Football Summit in Bilbao.   This strategic partnership establishes a dedicated "Health, Well-being and […]

 Somalia has formally acceded to the Establishment Agreement of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), becoming the 53rd African member state of the African multilateral financial institution and bringing the Bank closer to its goal of broadening its product offerings to all parts of the continent.   In the instrument of accession signed by Hon. Hirsi Jama Gani, State Minister, Office of the Prime Minister, Somalia notified Afreximbank that Somalia “accepts, and […]

 The Earth Scientists and Mining Engineers Association of Eritrea held a two-day conference on 21 and 22 March at the National Confederation of Eritrean Workers Hall in Asmara. The conference was held under the theme “Responsible Mining for Sustainable Development.” Mr. Alem Kibreab, Director General of Mining at the Ministry of Energy and Mining, stated that the main reason for establishing the Earth Scientists and Mining Engineers Association was to […]

 Mr. Osman Saleh, Minister of Foreign Affairs of Eritrea, met and held talks with Dr. Badr Abdelatty, Minister of Foreign Affairs of Egypt. The meeting focused on further enhancing the existing ties between the two countries in the political, economic, and trade sectors. The consultations also included discussions on the security of the Red Sea and other matters of mutual interest. Eritrea’s Chargé d’Affaires at the Embassy in Cairo, Mr. […]

 Mr. Osman Saleh, Minister of Foreign Affairs, today delivered a message from President Isaias Afwerki to President Abdel Fattah el-Sisi of the Arab Republic of Egypt in Cairo. The message focused on the further consolidation of comprehensive bilateral relations and other matters of mutual importance to both countries. The enhancement of cooperation in the political, economic, and trade sectors was discussed in greater detail during the subsequent meeting. The meeting […]