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Britain to boost trade in Africa with aid budget

Britain to boost trade in Africa with aid budget

  British Prime Minister, Theresa May, said on Tuesday the UK will use its international aid budget to boost its own interests while also seeking to deepen trade...

UN urges action against $50bn illegal funds from Africa

UN urges action against $50bn illegal funds from Africa

United Nations Secretary-General, Antonio Guterres, has urged the international community to take action against the flow of illegal funds, money-laundering and tax...

Ethiopian Airlines receives Africa’s largest B737 aircraft

Ethiopian Airlines receives Africa’s largest B737 aircraft

Ethiopian Airlines on Monday announced that it had taken delivery of the largest “B737 MAX 8’’ in Africa into its fleet. In a statement, the Airline’s Group...

India seizes record 1,500kg of heroin from ship

Collaborate to stop trade in hard drugs – UNODC urges Africa

  A senior U.N. official, Amado de Andrés, has urged African law enforcement agencies to work closely together to stop the heroin and other hard drugs passing...

pope-francis

Pope to Europe: Stop exploiting Africa, share resources 

Europe should stop exploiting Africa and invest in ways that benefit the continent more, including by sharing mineral wealth more equitably, Pope Francis said. “We...

Migrant influx to cost Spain €30m

Italy urges EU border agency to stop migrants in Africa

Italy’s Transport Minister, Danilo Toninelli, has called on Europe’s border agency to stop migrants in transit countries before they board boats rather than...

rig count

S.Korean refiners snap up Africa, U.S. crudes

South Korea’s purchases of sweet crudes from Africa and the United States is growing as its refiners snap up spot cargoes to replace more expensive Middle East grades...

NSC boss in Ghana, seeks framework to harmonize trade laws in Africa

NSC boss in Ghana, seeks framework to harmonize trade laws in Africa

The Executive Secretary of Nigerian Shippers’ Council (NSC), Mr. Hassan Bello, has advocated for a legal framework that will provide for uniform laws and processes...

AFDB

Africa needs $170bn for infrastructure development- AfDB

The Secretary-General of African Development Bank (AfDB), Prof. Vincent Nmehielle, on Thursday said Africa needs about $170 billion annually to meet its infrastructure...

World Bank permits $1.2bn grants, loans to Ethiopia

World Bank projects 3.1% growth for Sub-Sahara Africa’s economy

The World Bank said on Wednesday that Sub-Sahara Africa is on course for economic growth of 3.1 percent this year, marginally slower than it previously forecasted but...

obasanjo-olusegun

Obasanjo: Buhari’s refusal to sign Africa Free Trade Agreement criminal 

Former President Olusegun Obasanjo caused a stir in Kigali, Rwanda on Wednesday when he described the action of African leaders absent at the signing of the African...

U.S. crude oil shipments to China halts amid trade war

Nigeria ready to provide leadership for Africa in oil, gas- Buhari

President Muhammadu Buhari has said Nigeria is open to investments and ready to provide leadership for Africa in oil and gas. He said this in Abuja on Monday while...