“The basic building block of peace and security for all peoples is economic and social security, anchored in sustainable development. It is a key to all problems. Why? Because it allows us to address all the great issues- poverty, climate, environment and political stability as parts of the whole” – Ban Ki-moon (UN Secretary-General,2007-2016) The […]
In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks, including the African Development Bank have a tendency to lend too quickly and in the process, add to the continent’s debt problems. This statement is inaccurate and not fact based. It impugns the integrity of the African […]
The African Development Bank has released a $1 million grant to Uganda to help the East African country tackle an outbreak of the Ebola virus. The grant to support Uganda’s National Ebola Viral Disease (EVD) Preparedness and Response Plan, was approved in January. Funds have been disbursed through the World Health Organization (WHO), which is […]
The African Union (AU) has unanimously elected President Paul Kagame as the new chairperson of one its new agencies that will drive the continent towards vision 2063. Kagame was yesterday, elected chairperson of African Union Development Agency- New Partnership for Africa’s Development (AUDA-NEPAD) Heads of State and Government Orientation Committee (HSGOC). The AUDA-NEPAD is an […]
Suspected militant Islamists have killed at least 30 people and abducted women and children in a raid in north-eastern Nigeria, officials say. Most of the victims were travellers who were burnt to death while sleeping in their vehicles during an overnight stop, officials added The attack took place in Auno town on a major highway […]
The 33rd Ordinary Session of the Assembly of Heads of State and Governments of the African Union has appointed President Akufo-Addo as “Champion of the African Union Financial Institutions.” The decision of the Assembly was made on Monday, 10th February, 2020, in Addis Ababa, Ethiopia, by the Chairperson of the AU, His Excellency Cyril Ramaphosa, […]
The African Development Bank the United Nations, and the African Union on Saturday acknowledged the significant progress made in implementing Agenda 2063 and urged African countries to go further to fast-track economic transformation. The call was made on Saturday at the launch of the first report on the implementation of Agenda 2063 ahead of the […]
African countries have made progress toward eradicating malnutrition and stunting but need to do more to hit United Nations malnutrition targets by 2025. This was the main message of a meeting that took place during the 33rd African Union Summit. Speakers at a meeting of the African Leaders for Nutrition (ALN) included the heads of […]
Focused on improving financial inclusion for West Africa’s low-income segment, a Nigerian fintech start-up, Aella has raised a $10m debt financing round, from HQ Financial Group (HQF), Singapore-based private company specializing in new material science, semiconductor and blockchain financial investments. This debt financing round is Aella’s second raise and will bolster the company’s commitment to […]
Following Jacob Zuma’s absence in the Pietermaritzburg High Court on Tuesday for his corruption trial due to apparent ill health, the former president has taken to Twitter to share a rather bizarre picture of himself. Despite Judge Dhaya Pillay issuing a warrant of arrest for him, saying it would be effected if he failed to appear […]
The report reminds us of the size of the investment that must be made in the development of human capital in Africa.” – Victor Harison, the African Union Commissioner for Economic Affairs; “If the recommendations in the African Economic Outlook are implemented, there is no stopping the continent.” – Caleb Meakins, social entrepreneur, global campaigner […]
General Electric (NYSE: GE) and the Africa Leadership University (ALU) have announced the kick-off of the 3rd cohort of the Africa Industrial Internet Programme (AIIP) which is aimed at equipping young Africans with skills that will enable them to take part in the fourth industrial revolution. BestNewsGH.com can report that the 2020 cohort has enrolled 35 […]
