IMF deputy managing director visits, discusses economy of Côte D'Ivoire

Mitsuhiro Furusawa discussed his visit and meeting with President Alassane Dramane Ouattara. Furusawa praised the country's increase in pro-poor spending and its changes in the distribution of cocoa and coffee revenue in order to change farmers' stakes. However, Furusawa noted that there were still high numbers of unemployment, poverty and inequality in the nation. Read More »

African Development Bank hires new senior policy advisor

The African Development Bank recently hired Kevin Urama as its senior policy advisor on Inclusive and Green Growth. Urama's new responsibilities are to lead the bank's efforts in matters involving energy, climate change, natural resource management and agriculture. He will also aid the Senior Management Coordination Committee. Urama previously worked for Quantum Global. Read More »

First Oxford Business Forum Africa emphasizes “unreasonable Africa”

The first Oxford Business Forum Africa will soon hold sessions themed “Unreasonable Africa” to encourage people to discover unique solutions and opportunities on the continent. The goal of the forum is to encourage business people in Africa to act on their bold visions for the future. Africa is expected to be one of the greatest worldwide economic powers in the near future. Read More »

ECA meeting focuses on sustainable industrialization in Africa

Environmentally-friendly industrialization is the topic of "Green Economy to Speed Up Industrialization in North Africa," an ICE organized by the ECA. This is the 31st gathering. Nassim Oulmane, acting director of the ECA office in North Africa, said one of the main topics of conversation at the meeting would be how a green economy can make industrialization in African happen faster. Read More »

Next Einstein Forum promotes science and technology in Africa

NEF recently initiated a worldwide call for the support of science and technology in Africa as the continent is expected to be one of the largest worldwide economies in the near future. The event will be held in Daka, Senegal. The organizers expect 700 participants from approximately 80 different countries. Fifty-one percent of these participants are youth and 40 percent are women. Read More »

University of Nottingham celebrates Nigerian students

The University of Nottingham in Nigeria co-hosted an event with UK Trade and Investment Thursday in order to build relationships among institutional academic partners, alumni, current students, academic staff at the university and stakeholders. Nigerians make up the largest demographic of African students studying at the university. More than 200 students there are from Nigeria. Read More »

U.S., Nigeria and GE launch initiative to reduce mother and infant deaths.

The U.S. and Nigerian governments and General Electric will launch the Healthymagination Mother and Child Initiative to reduce Mother and infant mortality in Nigeria with an event 4:30 p.m. Thursday at the Transcorp Hilton Hotel in Abuja. Healthymagination Mother and Child Initiative will expand access to digital prenatal screenings to reduce preventable deaths. Read More »

Endeavour sells Youga gold mine for $25.3 million

Endeavour Mining Corp. recently sold its Youga Gold Mine in central Burkina Faso to MNG for $25.3 million. Endeavour executives described the sale as a way to streamline the company's portfolio while providing value to others in the mining industry. The Youga mine is approximately 112 miles southeast of Ouagadougou. At the end of 2015, the mine showed reserves of 17.8 million tons. Read More »

Buhari: Nigerian patriotism can increase foreign investments

President Muhammadu Buhari encouraged local Nigerians Monday to increase their patriotism and selfless service in order to make the nation more attractive to foreign investors. At a town hall meeting, President Buhari spoke with several Nigerian community members from Doha. He stated that the federal government will develop a positive environment for investments in Nigeria. Read More »

Catchpoint installs monitoring nodes in Africa

Catchpoint Systems Inc. has expanded in the last quarter, adding more than 50 monitoring nodes. The new African nodes were installed in Nigeria, Ghana, Tanzania, Kenya, Uganda and Botswana. With that expansion, the company operates more than 500 nodes all over the world. The new node coverage was necessitated by customer demand for better digital user features and usability. Read More »

Mining Investment Africa conference set for June 7-9

Stakeholders in Africa's mining sector are invited to attend the Mining Investment Africa 2016 Conference, which will take place June 7 to June 9 in Abuja, Nigeria. Last year, the conference saw an audience made up of geological surveyors and representatives. This year's event will feature keynote presentations, interactive panels, expert interviews and roundtable discussions. Read More »

Top