Africa/International

An international development organisation, WaterAid, has alerted that Africa is facing increasing inequality in access to one of the continent’s most basic services, sanitation and action needs to be taken urgently. According to…

The African Development Bank has agreed to release an amount of €60 million loan to finance the construction of a new container terminal at the Lome Port in Togo to boost regional trade and integration in West Africa. According to the…

Nigerian billionaire and founder of Glo Telecommunications, one of the fastest growing telecoms companies in Africa, might be Africa’s richest man, according to Forbes Magazine’s analysis. In March 2011, the magazine, in its annual ranking…

A member of the World Bank Group, the International Finance Corporation (IFC) is putting in an amount of $1 million to help establish Advans Cote d’Ivoire as the country rebuilds its economy following the political unrest. A statement from…

Former President Jerry John Rawlings, theAfrican Union’s (AU) High Representative for Somalia, has appealed to the international community to come to the aid of the as they face the world’s worst famine in decades. Speaking to the press…

The US Agency for International Development (USAID) has developed a new innovative, scientific database that will help solve the problem of species that attack food crops in Africa. It is said that the invasion of these species such as…

Nigeria’s United Bank for Africa Plc (UBA) announces that it is taking steps to restructure the company and turn its operations into a holding company known as UBA Holdings Plc. The Bank says the reorganisation is aimed at strengthening…

A Nigerian man arrested in India at a railway station on suspicion, told the police he was from Ghana. He had the photocopy of a Ghana passport in his possesion and told police his name was John Ashanti, a resident from Ghana. But upon…

The Board of Directors of the African Development Bank (AfDB) has agreed and approved a $25 million equity investment in the Pan-African fund known as the Vantage Capital Fund II (VCF II). The Bank says the fund, a second-generation…

PricewaterhouseCoopers (PwC), a professional services firm, on Monday July 18, 2011 announced an ambitious growth strategy for the Africa region featuring a $100-million investment in people and infrastructure. It also has a focus on…