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 »
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 »
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 »
Jumia Nigeria, one of Africa's leading Internet shopping venues, is under new leadership. 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 »
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 »
A new Economic Community of West Africa States (ECOWAS) initiative aims to implement a single monetary currency in West Africa by 2020. 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 »
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 »
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 »
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 »
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 »
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 »
An Ebola treatment center in Ganta, Liberia -- operated by PCI Liberia, a global development organization that oversees projects dedicated to improving health and ending hunger -- officially closed this week. Read More »
Researchers from Kaspersky Lab, a global security company ranked as one of the world's top four security solutions providers for end-point users, recently predicted the top security risks for 2016. Read More »
As nations in West Africa recover after the Ebola pandemic of 2015, monitoring efforts continue, headed by representatives of the Government of Liberia (GoL), Canada's USG Disaster Assistance Response Team (DART), and other local and regional relief organizations. Read More »
The Tanlouka Gold Project in Burkina Faso will be fast-tracked, thanks to an additional $2.1 million in funding secured by representatives from West African Resources Limited, the Canadian company that owns the mine. Read More »
Malian Transport Ministry officials said the $1.1 billion needed to fund the Senegalese section of the Malian railway line that connects Bamako, Mali, and Dakar, Senegal, will be provided by a loan from the Chinese government. Read More »
The end of the Ebola pandemic in West Africa is good news, but efforts must continue to prevent another such occurrence, World Bank Group President Jim Yong Kim said this week. Read More »
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