African Stories
Green Climate Fund Approves $440M for Africa as Total New Climate Financing Nears $1B
The Green Climate Fund (GCF) has approved $440 million in climate financing for Africa as part of a broader funding package that…
Business
African Stories
Liberia Moves to Boost Power Supply with 100MW Short-Term Fix, $500M Gas Project
Monrovia, Liberia — The Government of Liberia has announced a dual-track strategy aimed at addressing persistent electricity shortages while laying the foundation…
African Stories
Liberia Gears Up for First Locally Made Tires: Jeety Rubber Sets 2028 Milestone
Liberia may be on the verge of a historic industrial milestone. Upjit Singh Sachdeva, owner of Jeety Rubber LLC, has set a…
African Stories
Namibia Cuts Fuel Levies by 50% to Ease Rising Pump Prices
Government Moves to Shield Consumers from Global Energy Shock Windhoek, Namibia – Namibia has announced a 50% reduction in fuel levies for…
Breaking News
Breaking: Trump’s Signature to Appear on U.S. Dollar Bills
Historic First as Treasury Announces Change Aimed at 250th Anniversary Commemorations Officials from the U.S. Department of the Treasury have announced that…
African Stories
Gold Prices Surge in Sudan, Outpacing Global Market Rates
21-Carat Gold Trades Above International Benchmark Amid Economic Pressures Gold prices in Sudan have risen sharply, with the price of 21-carat gold…
African Stories
Uganda Eyes $594 Million in First Oil Revenue Projections
Kampala, Uganda — Uganda is projected to generate approximately $594 million in oil revenues during the 2026/2027 financial year, marking a historic…
African Stories
Liberia’s Prexy Boakai Appoints Brownie Samukai to Lead National Yellow Machines Management Board
Monrovia Monrovia, Liberia - President Joseph Nyuma Boakai, Sr. has established the Yellow Machines Board of Authority (YMBOA) to oversee the management,…
African Stories
Liberia’s Investment Climate Gains Momentum — and Global Investors are Taking Notice
Liberia Liberia is drawing renewed global interest as its investment climate shows signs of strengthening, backed by institutional reforms, strategic planning, and…
African Stories
South Africa Open to Using ECB Repo Lines to Support Financial Stability
BUSINESS NEWS Johannesburg — South Africa has expressed interest in potentially using newly expanded repurchase (repo) liquidity lines offered by the European…
African Stories
AfDB Raises Record $11 Billion Despite U.S. Funding Cuts
Africa The African Development Bank (AfDB) has successfully raised a record $11 billion for its 2025 African Development Fund (ADF) replenishment round,…
African Stories
FDA and ArcelorMittal Liberia Sign MoU to Strengthen Co-Management of East Nimba Nature Reserve
Monrovia Monrovia, Liberia — The Forestry Development Authority (FDA) and ArcelorMittal Liberia (AML) have signed a Memorandum of Understanding (MoU) aimed at…