The Secretariat of the African Union High Level Panel on Illicit Financial Flows released a new report, Successes and Challenges of Implementing the Recommendations of the African Union High Level Panel on Illicit Financial Flows, which indicates that most African countries fall short of meeting the institutional, policy and law enforcement requirements to effectively contain IFFs says an official statement issued in Addis Ababa,Friday. The report, launched on Wednesday, August 27, 2025, shows that the continent lacks an effective coordination mechanism for a coherent and coordinated action against the scourge of…
Category: AFRICA
From the Era Miracles to the Era of Machines-By Anaba S A
Africa must trade superstition for science if we want to survive this century. 1.) The next 50 years will not be kind to slow thinkers. By 2075, nations will not compete on prayers, they will compete on patents. Your children will not eat because you fasted; they will eat because you built something people will pay for. Drones, AI, synthetic biology, quantum computing etc., these are the “miracles” of the next generation. And they will belong to whoever understands the natural laws that make them work. The Brutal Truth 2.)…
Mahama courts Singapore investors, touts 24-hour economy as gateway to $3.4 trillion AfCFTA market
President John Dramani Mahama on Tuesday used the opening of the 8th Africa–Singapore Business Forum to pitch Ghana as a “reliable gateway” to the African Continental Free Trade Area (AfCFTA), calling Africa “investable” and urging deeper South–South partnerships amid a more fragmented global economy. “We are here to learn, to partner, and to deliver,” President Mahama said at his first engagement on a three-day state visit to Singapore. “Africa is investable, and Ghana is your reliable gateway to the continent.” Framing Africa and Asia as the world’s “two youngest, fastest‑urbanising…
AfDB Commits to Support African Universities…..As TICAD 9 Holds in Tokyo
Universities are essential partners in Africa’s development, and the African Development Bank (www.AfDB.org) is committed to supporting them as centres of innovation that can attract not only Bank financing but also private investment and venture capital, Vice-President for Regional Development, Integration and Business Delivery, Nnenna Nwabufo, said in an official statement issued in Tokyo,Tuesday. She was speaking at a symposium held Saturday 23 August, on the sidelines of the Ninth Tokyo International Conference on African Development (TICAD9). The event was organised by the University of Tokyo and co-hosted by the…
Africa’s Private Sector Gets a $5.5 billion Assistance Booster Under EPA6…..As Japan-AfDB Sign MOU at TICAD9
The government of Japan and the African Development Bank (www.AfDB.org) on Thursday signed a Memorandum of Understanding launching the sixth phase of the Enhanced Private Sector Assistance (EPSA6) agreement, which provides a framework for critical resource mobilization and development partnership for African countries according to an official statement issued in Tokyo,Friday. Under EPSA6, the statement said,the Bank and JICA will work together to support regional member countries for the period 2026-2028, with a financial package of up to $5.5 billion – half a billion more than EPSA5 – while ensuring…
Intra-African Trade Fair 2025 Welcomes Tropical General Investment Group as Official Premier Partner
Intra-African Trade Fair 2025 (IATF2025), Africa’s premier trade and investment platform, has formally welcomed Tropical General Investment Group (TGI) as an Official Premier Partner according to an official statement issued in Algiers,Saturday. As a leading multinational conglomerate, the statement said,TGI is driving value addition and promoting inclusivity through manufacturing and strategic investments across emerging markets. TGI,it added, will play a pivotal role in advancing the mission of IATF2025 which aims to boost trade and investment in Africa. The event is scheduled to take place in Algiers, Algeria from 4-10 September…
Carbon-finance project pioneer TASC joins Carbon Markets Africa Summit as diamond sponsor
The organisers of the upcoming Carbon Markets Africa Summit have announced the diamond sponsorship of TASC, the award-winning and pioneering carbon finance project developer with a proven track record of innovative climate mitigation techniques and investing in local communities an official statement issued in Cape Town,Wednesday has disclosed Taking place in Johannesburg from 22 to 23 October, Carbon Markets Africa Summit will gather the continent’s entire carbon markets value chain, from successful early carbon market movers, climate-finance-ready projects and regulatory bodies to global institutional development organisations and investors. High-impact carbon projects at…
Celebrating Women in Waste: Samu Mkhize on Building Inclusive Recycling Systems
This Women’s Month, we’re celebrating the women who are transforming Africa’s waste and recycling sector from the inside out. One of them is Samu Mkhize, Collections & Training Manager at Petco Producer Responsibility Organisation, who works across South Africa to build inclusive, effective recycling systems. From empowering women-led enterprises to designing national training programmes, Samu is proving that passion, innovation, and purpose are key drivers of change. We spoke to her about the challenges, the opportunities, and what inspires her in this work. Q: What are the key operational challenges in scaling…
A Country in Reverse Gear?-(By Brother Fred Apenteng)
For several years now, I have observed with a heavy heart how we, as a nation, seem to be reversing instead of accelerating forward like many modern countries. Yesterday, I spent the afternoon with a much younger relative, reminiscing about the achievements of Nkrumah’s Ghana — the Ghana handed down to us. I told her about the Ghana Railways and how I used to travel back home from boarding school on the night train, popularly called the sleeper train. She was stunned, almost in disbelief, and asked if I was…
Mosquitoes, Malaria, and Markets: Ghana’s Health System Through the Lens of Public–Private Partnerships-(By Joannitta Joannides)
Author: Joannitta Joannides, Lab Manager, Vestergaard–Noguchi Vector Labs As we marked World Mosquito Day on 20 August, it’s a powerful reminder that defeating mosquito-borne diseases like malaria requires renewed commitment and smarter strategies—especially in countries like Ghana, where the burden remains high. In 2024, there were over 5.3 million cases, making up 2.5% of cases worldwide and nearly 2% of global malaria deaths. Although fewer children under five are getting sick, with national rates dropping to 8.6%, some rural areas still see rates as high as 12.8%. The disease is…