Meet the African American son of slaves who became so rich in Nigeria that he sent his U.S. family bags of gold

Like every other average African American, James Churchill Vaughan lived a decent life trying to make ends meet in America despite several societal issues that always put the black community several steps behind the white community. Born in South Carolina in 1828, James lived with both his nuclear and extended family where they lived knowing no other place to call […]

Silencing the Guns; Creating conducive conditions for Africa’s Socio-Economic Development

“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 […]

African Development Bank rebuts World Bank President’s comments on Africa’s debt profile

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 […]

Rwanda’s Paul Kagame elected to chair AU Development Agency

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 […]

African Union (AU) Summit: First continental report on implementation of Agenda 2063 unveiled

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 […]

Financial inclusion in West Africa: Aella Fintech raises $10m

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 […]

SA: Former President Zuma tweets image of himself with a rifle after arrest warrant was issued for his arrest

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 […]