Report: Mohammed Abu China and Europe has since been in the forefront of the global transition from the take-make-use-discard, wasteful linear economy which is unsustainable experts contend,to the emerging circular economy paradigm. Circularity principles is premised on the fact that, resources endowment is not infinite and thus,the need for resource use efficiency whereby nothing is wasted. From a circularity pespective,waste in whatever form be in biodegradable or none-biodegradable, shouldn’t be left to post an environmental hazard or burden whatsoever to humanity,but rather should be harnessed as raw materials to create…
Category: ECONOMY
“The Northern Ghana is a gem of untapped potential”-Charles Abugre
Dr.Charles Abugre,an International Development Economist,is also,a former CEO of the Savannah Accelerated Development Authority(SADA) and Cotton Development Authority,Ghana. “The Northern Ghana is a gem of untapped potential” Address at the Northern Ghana Development Conference The Northern Ghana Caucus in Parliament Tamale Charles Abugre 21/07/2025 Salutations Naa Chairman, Naa Yab Nanton-Naa I am most honored and humbled by the opportunity given to me by the Majority Leader and members of the Caucus to be on this podium. Please accept my congratulations for this historic initiative. It was long in coming but…
Changing the Northern Ghana Narrative: Members of Parliament Adopt Affirmative Action
Members of the Northern Caucus of Ghana’s 9th Parliament in collaboration with the Northern Development Authority(NDA) and other key stakeholders development Partners including Members of Parliament(MPs) from the five Northern Regions, held the First Northern Region Development Conference, in the Northern Regional’s Capital of Tamale. Hosted under the theme: “A Conference of Northern People, Leaders and Partners”, the event was intended to lobby President John Dramani Mahama and his ministers for fair resource allocation to accelerate development in northern Ghana. Majority Leader and MP for Bawku Central, Hon Mahama Ayariga, said…
Sierra Leone and African Development Bank Target $90 Billion in Annual Illicit Financial Flows
FREETOWN, Sierra Leone, July 25, 2025/ — A four-day high-level seminar concluded last week with concrete recommendations to combat the estimated $90 billion that Africa loses annually to illicit financial flows, as the African Development Bank Group (www.AfDB.org) and Sierra Leone Government intensify efforts to strengthen natural resource governance. More than 70 stakeholders from government, civil society, private sector, and international organizations gathered at The Place Resort in Tokeh under the theme “Harnessing Africa’s Wealth: Curbing Illicit Financial Flows for Resilient Growth and Development.” Illicit financial flows are among Africa’s…
Exclusive / Mauritania to meet Israel at Trump White House meeting
Yinka Adegoke and Mathias Hammer,Semafor Updated Jul 9, 2025, 10:38am GMT, Africa The Scoop The Islamic Republic of Mauritania is set to take a step toward resuming ties with the state of Israel at a White House meeting brokered by US President Donald Trump later Wednesday, according to a person familiar with the plans. Mauritania President Mohamed Ould Ghazouani will meet with Israeli Prime Minister Benjamin Netanyahu on the sidelines of a mini US-Africa summit featuring four other western African countries: Gabon, Guinea-Bissau, Liberia, and Senegal. Mauritania, which is a member of…
Gabon’s Minister of Oil & Gas Joins AOG 2025 Amid Shift to Deepwater Exploration
Sosthene Nguema Nguema, Minister of Oil & Gas of Gabon, has joined this year’s Angola Oil & Gas (AOG) conference – taking place September 3-4 in Luanda – as a keynote speaker. Minister Nguema’s participation comes as the country implements a strategic shift towards deepwater exploration and production, seeking to unlock additional resources across the country’s offshore acreage. As one of Africa’s biggest deepwater producers, Angola offers significant experience in the field, highlighting a strategic opportunity for bilateral collaboration. With a goal to increase production to 220,000 barrels per day (bpd), Gabon…
Tackling Africa’s Illicit Financial Flows to Manage Resource-backed Loans Inbox
African Development Bank Embarks on Strengthening Capacity The African Development Bank Group (www.AfDB.org) has successfully concluded a high-level workshop and policy dialogue aimed at enhancing the Central Africa Republic’s capacity to combat illicit financial flows (IFFs) and improve the governance of resource-backed loans,says an official statement issued in Abidjan,Monday. Held in Bangui from 10-13 June 2025 under the theme “Harnessing Africa’s Wealth: Curbing Illicit Financial Flows for Resilient Growth and Development,” the four-day event brought together 80 officials from key government ministries, including Finance, Economy, Planning, Environment, Mines and Geology –…
Africa Finance Corporation (AFC), United Nations Industrial Development Organization (UNIDO) and partners enter new alliance leveraging Islamic and Arab finance for economic transformation
VIENNA, Austria, June 17, 2025/ — Today, Africa Finance Corporation (AFC) (www.AfricaFC.org), UNIDO, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Union of Arab Banks (UAB), formalized new strategic partnerships under the Islamic and Arab Finance for Economic Transformation in Africa, the Arab Region and Beyond (IFETAA) Programme. Access to finance remains one of the most significant barriers to SME growth and economic transformation, particularly in Africa, the Middle East and South Asia. Only one in five African firms has access to credit, and those that…
Development of Islamic banking in Russia possible through a dual banking system — ministry
“It comes to the parallel functioning of the traditional and Islamic banking sectors, as has already been implemented in Malaysia, Kazakhstan, and Azerbaijan,” Deputy Economic Development Minister Dmitry Volvach said MINERALNYE VODY /Stavropol Region/, May 27. /TASS/. Further development of the experiment on the introduction of partnership financing, aka Islamic banking, is possible through the creation of a dual banking system in Russia, Deputy Economic Development Minister Dmitry Volvach said at the Caucasus Investment Forum (CIF). “One of the possible ways for further development [of partnership financing] is seen in…
Africa Energy Bank Gears Up for H1 2025 Launch
BRAZZAVILLE, Congo (Republic of the), March 27, 2025/ — Ahead of its H1 2025 launch, the Africa Energy Bank – developed jointly by Afreximbank and the African Petroleum Producers Organization (APPO) – is positioning itself to tackle major challenges in financing, technology and market reliability to accelerate Africa’s oil and gas sector development. Speaking at the Congo Energy & Investment Forum in Brazzaville, Dr. Omar Farouk Ibrahim, Secretary General of APPO, reaffirmed the launch timeframe and underscored the urgency of establishing the bank to address the continent’s energy needs. “We…