Algeria is sharpening its upstream strategy around frontier zones and unconventional resources, with officials from ALNAFT and Sonatrach highlighting shale gas, offshore exploration and new licensing opportunities as key growth drivers. Speaking at African Energy Week 2025 on Thursday, Samir Bekhti, President of ALNAFT, said the regulator’s priority is “reaching the full potential” of Algeria’s reserves, noting that the country holds some of the largest oil and gas deposits in the region. “We’re focusing today on frontier zones to increase our reserves and production. We have huge unconventional reserves –…
Category: Africa-Caribbean News
IFC in Pictures
UDS Academic, Dr. Abdul-Basit Tampuli Abukari, Featured in J-PAL’s African Scholar Spotlight
The University for Development Studies (UDS),proudly celebrates Dr. Abdul-Basit Tampuli Abukari, Senior Lecturer in the Department of Agricultural and Food Economics, who has been profiled by The Abdul Latif Jameel Poverty Action Lab (J-PAL) in its African Scholar Spotlight of 16th September 2025. The African Scholar Spotlight is part of J-PAL’s ongoing series that highlights the contributions of African economists who are advancing development through rigorous, evidence-based research. In its latest feature, J-PAL recognized Dr. Abukari for his pioneering work in agricultural development, impact evaluation, and the digital transformation of farming…
Ghana’s Ambassador to China, H.E. Kojo Bonsu Surprises UDS World Champions with Visit in Dalian
The University for Development Studies (UDS) football team, fresh from conquering the world at the 2025 FISU Universities World Football Tournament in Dalian, China, received an unexpected boost of joy when Ghana’s Ambassador to China, H. E. Kojo Bonsu, paid them a surprise visit at their camp. The atmosphere at the UDS base was charged with excitement as the Ambassador was warmly received by a high-powered delegation from the university, led by the Pro Vice-Chancellor, Prof. Elliot Haruna Alhassan. Accompanying him were the Registrar, Mr. Nurudeen Issah Abubakar, the Director…
IFIC 2025 Communiqué
IFIC 2025 Communiqué Issued at the Close of the 4th Islamic Finance International Conference (IFIC 2025) Theme: Non-Interest Finance as a Catalyst for Inclusive and Sustainable Development Venue: Accra International Conference Centre (AICC), Accra – Ghana Date: 27th September 2025. We, the participants of the 4th Islamic Finance International Conference (IFIC 2025), convened in Accra, Ghana, under the distinguished patronage of the National Chief Imam, His Eminence Sheikh Dr. Osmanu Nuhu Sharubutu, chaired by the President of the Ghana Catholic Bishops’ Conference, Most Rev. Matthew K. Gyamfi (represented by Dr.…
About Ghana’s Adoption of Non-Interest Financing
Call for Action Echoed…. As 4th Int’l IF Confab ends in Accra By: Mohammed A. Abu The 4th Islamic finance International Conference, organized under the auspices of the Office of the National Chief Imam in collaboration with the Islamic Finance Research Institute of Ghana(IFRIG) ended in the country’s capital, Accra, over the weekend with a call to action. Held under the theme, “Non-Interest Finance as a catalyst for inclusive and Sustainable Development”, the one-day event attracted regulatory institutions, private sector players, diverse religious groups, women groups, professional bodies, investment agencies…
About African Gov’ts and carbon market readiness
UNDP-Vuka Group Join hands for Carbon Markets Africa Summit “How is it possible that in 2025, when we are able to send people to the moon, when we are able to create driverless vehicles, we’ve not been able to solve the problem of cooking energy in Africa’s rural areas?” asks Maxwell Gomera, Resident Representative of UNDP South Africa and Director of the Africa Sustainable Finance Hub. He continues: “This is something that is within our means. And as the United Nations Development Programme (UNDP) Africa Sustainable Finance Hub, we are…
AI in Africa: 5 issues that must be tackled for digital equality
First Published,September 25,The Conversation Author-Rachel Adams Honorary Research Fellow of The Ethics Lab, University of Cape Town If it’s steered correctly, artificial intelligence (AI) has the potential to accelerate development. It can drive breakthroughs in agriculture. It can expand access to healthcare and education. It can boost financial inclusion and strengthen democratic participation. But without deliberate action, the AI “revolution” risks deepening inequality more than it will expand opportunity. As a scholar of the history and future of AI, I’ve written about the dangers of AI widening global inequality. There’s an urgent need…
China pledges support for Ghana’s fight against galamsey and cybercrime
Ghana and China have agreed to deepen cooperation in law enforcement, with Beijing pledging support to combat illegal mining, cybercrime, and other cross-border threat. Interior Minister, Mr Muntaka Mohammed-Mubarak, announced the agreement after leading a delegation to China for bilateral talks with the Ministry of Public Security on Monday, September 22, 2025. Mr Muntaka said the discussions marked a new stage in Ghana–China relations, moving beyond trade and infrastructure to include policing and security. He stressed the importance of adopting modern technology to confront challenges such as terrorism, cyber fraud,…
Rivers, forests to become security zones – Lands Minister hints in intensified galamsey fight
The government will soon declare all rivers and forests in Ghana as security zones as part of a renewed effort to combat illegal mining, popularly known as galamsey. Lands and Natural Resources Minister, Emmanuel Armah-Kofi Buah, announced the measure, warning that anyone caught engaging in illegal mining within these protected areas will do so “at their own risk.” “We are moving another step further, and that step says we are going to declare all the water bodies and our forests security zones. And you stay there and engage in illegal…