Afreximbank reported strong financial performance despite a complex global economic landscape marked by geopolitical tensions, inflationary pressures, and elevated interest rate, posting a net income of US$973.5 million for FY 2024, a 29% increase from the previous year – with subsidiaries beginning to make meaningful contributions to the Group’s financial results. These impressive results highlight […]

The African Development Bank Group President, Dr. Akinwumi Adesina, has appointed the Right Honourable Andrew Mitchell as his Senior Advisor for resource mobilization and policy issues on a pro bono basis. Rt. Hon. Mitchell, whose appointment is effective 7 April 2025, will provide strategic advice on emerging global and regional development issues and high-level political […]

Striving to increase production and reverse natural declines in mature oilfields, Ghana is promoting new investment across its upstream oil and gas sector. The country – through national upstream regulator the Petroleum Commission of Ghana – is embarking on a series of industry reforms that aim to strengthen the operating environment for oil and gas […]

The escalation of violent conflict in recent months has pushed hundreds of thousands of people in eastern Democratic Republic of Congo (DRC) into desperate conditions, warns the Norwegian Refugee Council (NRC) Secretary General Jan Egeland on a visit this week. Displaced families sheltering at temporary sites have once again been forced to flee, as fighting […]