Category: COVER

Ghana Drives Small-Scale Gold Mining (ASGM) Growth, Sustainable Mining with Global Partnerships

ACCRA, Ghana, March 26, 2025/ — Ghana is strengthening its collaboration with international partners to enhance (https://apo-opa.co/4kYCvVX) its small-scale gold mining (ASGM) sector and the broader gold value chain for socioeconomic development. The Ashanti Green Initiative, led by Oheneba Kwaku Duah, Prince of Ghana’s Ashanti Kingdom, is spearheading the inaugural Mining in Motion Summit in partnership with the World Bank and the World Gold Council. Scheduled for June 2-4, 2025 in Accra, the summit brings together stakeholders from Ghana’s ASGM sector, major mining players and global investors to discuss best…

Ministry of Tolerance and Coexistence Announces the Third Edition of the “World Governments as Incubators for Tolerance” Conference at AIM Congress 2025

In its ongoing commitment to fostering global values of tolerance and coexistence, the Ministry of Tolerance and Coexistence is set to organize the third edition of the “World Governments as Incubators for Tolerance” conference,the Ministry disclosed in an official statement, in Abu Dhabi,Wednesday. Under the theme “A Balanced Approach to Prosperity,” this significant event will convene during the second day of the AIM Congress 2025, scheduled from April 7 to 9 at the Abu Dhabi National Exhibition Centre (ADNEC). The conference aims to bring together a distinguished assembly of officials,…

DLD Unveils ‘IPS 2025 Conference’ Agenda and Keynote Speakers

By: Mohammed A.Abu Dubai Land Department (DLD) has announced the agenda for the IPS 2025 Conference, which will take place alongside the exhibition from 14 to 16 April 2025 at the Dubai World Trade Centre (DWTC). The event will bring together leading real estate professionals, experts, and innovators to discuss key industry developments and emerging trends. Majid Al Marri, CEO of the Real Estate Registration Sector at DLD and Chairman of the IPS Organising Committee, emphasised that the IPS Conference underscores Dubai’s commitment to supporting the real estate sector and…

Afreximbank breaks ground on historic state-of-the-art Afreximbank African Trade Centre (AATC) in Barbados, first outside Africa

BRIDGETOWN, Barbados, March 25, 2025/ — African Export-Import Bank (Afreximbank) (www.Afreximbank.com/), Africa’s leading Multilateral Financial Institution, made history today when it broke ground on its first-ever state-of-the-art Afreximbank African Trade Centre (AATC) in the Caribbean, marking a pivotal moment for trade relations between Africa and the CARICOM region. The US$180 million Barbados AATC, the first to be established outside Africa, is an authentic icon of trade embodying the ambition, resilience, and influence of leading commercial cities in Africa and the Caribbean that serve as dynamic focal points for commerce, fostering…

Ethiopian Airlines Group and African Development Bank sign Letter of Intent for financing of world-class Abusera International Airport

ABIDJAN, Ivory Coast, March 25, 2025/ — The African Development Bank (www.AfDB.org) and Ethiopian Airlines Group have signed a Letter of Intent for the development of the East African nation’s planned Abusera International Airport Project. The $7.8 billion project aims to address increasing passenger and cargo demands, reinforce Ethiopia’s position as a leading aviation hub, and stimulate regional economic growth. Chief Executive Officer of Ethiopian Airlines Group Mesfin Tasew Bekele signed the Letter of Intent with African Development Bank Vice President for Regional Development, Integration and Business Delivery, Nnenna Nwabufo,…

Commitment to Supporting Integrity and Growth of the Islamic Financial Services Industry

By: Mohammed A.Abu The General Council for Islamic Banks and Financial Institutions (CIBAFI) submitted its comments to the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) on the Exposure Drafts (EDs) on “Auditing Requirements for Assessing Compliance with Shariah Principles and Rules” and “Principles of Assessment of the Necessity for Obtaining Conventional Reinsurance by Takaful Institutions.” Representing the collective perspective of its membership from more than 30 jurisdictions, CIBAFI’s submission highlights several areas requiring further clarification and enhancement in both drafts. For the Shariah compliance auditing framework, CIBAFI emphasized…

Piloting Cedi-Naira Currency Swaps Fintech Solutions

By: Mohammed A. Abu Ghana’s Central Bank (Bank of Ghana) has denied some earlier local media publications that it had licensed MTN Ghana to conduct cross-border transactions with MTN Nigeria. The bank under its Sandbox programme to study emerging Fintech innovations, has rather approved Brij Fintech Ghana, a licensed Payment Service Provider(PSP) to conduct a limited testing of BrijX-a B2B Currency Swap Platform,it said in a Public announcement in Accra,Thursday. The platform the Bank said, is built to act as a digital marketplace that collaborates with banks, mobile money operators…

Africa Finance Corporation (AFC) Sweeps IJGlobal and Global Capital Awards with Hat Trick of Major Wins

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has been honoured with three prestigious accolades, further underscoring its impact in shaping Africa’s financial landscape. At the IJGlobal Awards 2024 held recently in London, AFC was named Guarantor of the Year, Africa, and also received the Market Innovation Award, Africa.  The following evening, AFC was recognised with the African Deal of the Year at the Global Capital Syndicated Loan Awards in London. The trio of awards showcase AFC’s pioneering role in infrastructure financing, risk mitigation, and innovative financial solutions that drive sustainable…

President Ramkalawan Presides Over Official Handover of New SBC Headquarters

The President of the Republic, Mr. Wavel Ramkalawan, accompanied by Vice President Mr. Ahmad Afif, presided over the official handover ceremony of the new Seychelles Broadcasting Corporation (SBC) headquarters at Union Vale Yesterday morning. Funded through a generous grant from the People’s Republic of China, construction of the state-of-the-art facility commenced in April 2019 and was carried out by Hunan No.6 Engineering Co. Ltd. Despite delays caused by the COVID-19 pandemic and various technical challenges, the project has been successfully completed to the highest standards. The facility consists of three…

Balancing Energy Security and Decarbonization: African Energy Week (AEW) 2025 to Address South Africa’s Power Crisis

CAPE TOWN, South Africa, March 18, 2025/ — South Africa faces a critical energy challenge: securing a stable power supply while transitioning to a low-carbon future. The African Energy Chamber’s (EnergyChamber.org/) State of African Energy 2025 Outlook Report provides a detailed analysis of this shift, highlighting the country’s continued reliance on coal, the slow pace of renewable energy integration and the urgent need for infrastructure investments to modernize the grid. These insights will set the stage for key discussions at African Energy Week (AEW) 2025: Invest in African Energies, where industry leaders…