RiskMap 2016, a recently released report analyzing trends that could pose risks to global security, was recently published by Control Risks Group Holdings Ltd., and predictions for West Africa in the coming year include infrastructure upgrades and a restructuring of the national oil company in Nigeria, as well as economic growth in Burkina Faso. Read More »
Ghana's Fertilizer Subsidy Program (FSP) is in need of a financial boost, and representatives from SEND-Ghana -- a nongovernmental arm of the Social Enterprise Development (SEND) Foundation of West Africa -- are encouraging government officials to seek out funding sources from the private sector to keep the program going. Read More »
Canada-based Roxgold Inc. said recently that a second draw-down of $21 million has been completed to fund its Yaramoko Gold Project mine in the Houndé greenstone region of Burkina Faso. Read More »
2015 saw "cybersecurity" become a worldwide buzzword, and the need for greater Internet security and protection in the finance, industrial, automotive and aircraft sectors -- and in wearable devices, health care and dating services -- grew in nations around the globe, including West Africa. Read More »
Based on a special resolution passed at independent oil and gas exploration company African Petroleum's General Meeting, the company's shares have been suspended from the stock-quote system at the National Stock Exchange of Australia and will be de-listed on Monday. Read More »
The Paris Climate Change Conference (CoP21) earlier this month saw 195 nations -- including Ghana, one of the first African countries to release a national strategy for emission reduction -- enter into an agreement (legally binding if at least 55 nations sign on to it) outlining benchmarks and initiatives aimed at reducing greenhouse-gas emissions. Read More »
A new Economic Community of West Africa States (ECOWAS) initiative aims to implement a single monetary currency in West Africa by 2020. Read More »
An economic development project in Mauritania will receive backing in the form of a $21 million loan from the Kuwait Fund for Arab Economic Development (KFAED), both parties said recently. Read More »
The African Development Bank (AfDB) said recently that it has agreed to finance a 50-megawatt power-plant and pipeline project in Kissy, Sierra Leone. Read More »
Jumia Nigeria, one of Africa's leading Internet shopping venues, is under new leadership. Read More »
Due to positive results from infill sampling at the Mansounia Gold Project site in Guinea, mining will continue at the site, owner Blox Inc. said recently. Read More »
Celebrating its 40th anniversary this month, the Economic Community of West African States (ECOWAS), held a press conference recently, during which ECOWAS Commission President Kadre Desire Ouedraogo spoke about the importance of citizen involvement to keep the organization moving forward. Read More »
With the completion of a fourth review by members of the International Monetary Fund's Executive Board (IMF), Liberia will receive a disbursement of $10.2 million, the board said recently. Read More »
The Institute for Healthcare Improvement (IHI) recently hosted the 27th Annual National Forum on Quality Improvement in Health Care in Orlando, Florida. Read More »
Ayuli Jemide of Nigeria, lead partner at Detail Commercial Solicitors, recently was named a member of the International Project Finance Association (IPFA) West Africa Branch Council. Read More »
DataWind, Intel Nigeria to market low-cost smartphones, tablets Read More »
African and African-American movies and TV shows can now be accessed worldwide, thanks to technology from niche video streaming service Afrostream and IBM subsidiary Aspera. Read More »
Switzerland-based inspection and certification company Cotecna recently renewed its hybrid network contract with Paris-based Orange Business Services, allowing Cotecna to keep remote sites throughout Africa and the world connected. Read More »
The Cap des Biches power plant in Senegal recently received the first disbursement of $91 million in financing from U.S.-based international power company ContourGlobal and its partners, Overseas Private Investment Corporation (OPIC) and International Finance Corporation (IFC). Read More »
The fourth annual Africa-Arab Summit is set for November 2016 and will take place in Malabo, Equitorial Guinea. In preparation, members of the African Union Commission (AUC) and the General Secretariat of the League of Arab States (LAS) met late last week for a series of meetings. Read More »
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