NPA managing director calls for port infrastructure investment

During the Seatrade and Investment Convention 2015, Managing Director of Nigerian Ports Authority (NPA) Mallam Habib Abdulahi stressed the need for government to invest in port infrastructure for increased exports. Abdulahi also underscored that 80 percent of trade and commerce around the globe is done through seaports and a robust infrastructure is essential to become competitive. Read More »

ERHC Energy reaches agreement with Kosmos

Oil and gas company ERHC Energy Inc. entered into an agreement Tuesday with Kosmos Energy to transfer ERHC's rights to Block 11 of the São Tomé and Principe Exclusive Economic Zone (EEZ) to Kosmos. ERHC keeps 100 percent of the rights to EEZ Block 4 and will also retain the option to take up to a 15 percent working interest in each of two other unlicensed EEZ blocks of its choice. Read More »

USAID awards $14.1 million in grants to 32 organizations worldwide

The U.S. Agency for International Development's U.S. Global Development Lab awarded $14.1 million in new grants to 32 organizations from around the globe as part of its Development Innovation Ventures program. A year-round open competition, the DIV program is aimed at finding breakthrough development solutions with strong potential to change millions of peoples' lives. Read More »

British minister: Solar power can help Africa's poor

Britain's Minister of State for Africa Grant Shapps said some of the continent's poorest residents can be helped by reliable solar power systems to cope with chronic power shortages. The United Nation's new Global Goals aim to provide universal energy access in Africa by 2030. On the current trajectory, however, Shapps pointed out that the goal won't be met until 2080. Read More »

Africa gains ground in solar energy increase

Leadings experts of British ingenuity will soon use their knowledge to solve the low levels of electricity access throughout Africa by campaigning for further progress in the household solar market. According to Grant Shapps, International Development Minister, the Energy Africa campaign will create a fundamental change in sub-Saharan Africa’s household solar market. As of today, approximately 2 out of 3 people who live in sub-Saharan Africa are denied access to electricity. Read More »

Nigerian accounting leader recognized for his ongoing contributions

Nigerian President Muhammad Buhari thanked Akintola Williams for his contributions to the nation’s development. The praise came as the 2015 Akintola Williams Distinguished Lecture Series kicked off. The series is held in honor of the 96-year-old Nigerian, who was the first African to qualify as a chartered accountant and who was instrumental in founding the Nigerian Stock Exchange. Read More »

Ghana hosting West African Clean Energy & Environment Exhibition

Ghana will host the West African Clean Energy & Environment Exhibition Conference 2015 from Nov. 3 through 5. Sponsored by AHK Ghana and fair-trade, the conference will include a German Pavilion featuring 12 companies displaying their products. Leaders in policy and economics will attend the conference, during which speakers will discuss issues facing Ghana's energy supply. Read More »

iNeedMD signs $1.5 million West Africa EKG Glove distribution agreement

Medical device development company iNeedMD Holdings of New York City has entered into a distribution arrangement with Clifton Africa Ltd., a United Kingdom- and- Nigeria-based medical supply company, for the sale and marketing of the EKG Glove™ and related products in several West African countries, where cardiovascular disease is the No. 1 cause of death in adults older than 30. Read More »

Sunergy reports closing of latest Q3 diamond sale

The results of the sale will be published in the next 10Q to be filed with the Securities Exchange Commission. With the close of the sale, Sunergy's Q3 revenue exceeded revenue for the prior quarter. The company is currently pursuing the purchase of a major gold and diamond concession through the National Minerals Association in Sierra Leone and mining development is ongoing. Read More »

AU commission chairperson congratulates Côte d’Ivoire, Tanzania on peaceful elections

Dr. Nkosazana Dlamini Zuma, chairperson of the African Union (AU) Commission, lauded the governments and citizens of the Republic of Côte d’Ivoire and the United Republic of Tanzania Tuesday on the nations' recent peaceful general elections. Zuma said that the high participation of the nations' citizens in the Oct. 25 elections underscored their commitment to democracy. Read More »

AfDB, KfW partner to advance African agriculture

Kfw and the African Development Bank (AfDB) unveiled a program Oct. 22 to advance agriculture throughout Africa at the Feeding Africa conference. The goal of the program is to develop solutions to spur the growth of agriculture in Africa by increasing access to financing options in the agricultural sector. AfDB promotes sustainable economic growth and poverty reduction in Africa. Read More »

Bintou Keita appointed deputy joint special representative for UNAMID

Bintou Keita of Guinea was appointed the deputy joint special representative for the African Union-United Nations Hybrid Operation (UNAMID) in Darfur Tuesday. The appointment was announced by the United Nations secretary-general and African Union Commission chairperson. Keita succeeds Abdul Kamara of Sierra Leone. Keita served as Ebola crisis manager in Sierra Leone. Read More »

AU, MISAHEL launch project to support education in Mali

Pierre Buyoya, the high representative of the African Union (AU) for Mali and the Sahel and head of the AU Mission for Mali and the Sahel (MISAHEL), introduced a project that will boost education in northern Mali's Gao region Oct. 15. With the project, which is under the direction of the non-governmental organization CRADE, school kits will be donated to children in the Bourem area. Read More »

African Union briefed on anti-Ebola efforts in affected countries

The 553rd meeting of the Peace and Security Council of the African Union (AU) convened Oct. 21 for an update on the recent Ebola virus disease (EVD) and the recovery efforts that have taken place in the affected countries of Guinea, Liberia and Sierra Leone. A council of healthcare workers and officials spoke on the progress that had been made in the fight against EVD. Read More »

Africa 2.0 Annual Leadership Symposium to be held in November

The Africa 2.0 Annual Leadership Symposium will take place in Maputo, Mozambique, Nov. 24 to Nov. 26 to discuss financing infrastructure development in and for Africa. Africa 2.0 is a pan-African civil society organization that was founded in 2010 by Mamadou Toure. The organization's goal is to provide a platform for new and established African leaders to transform the continent. Read More »

PfD, USDA to bolster Benin pineapple industry

Partners for Development and the United States Department of Agriculture will boost the production, processing, and export of pineapples in Benin with their Pineapple Processing for Export (PINEX) program. The 5-year PINEX program will reach out to 5,200 pineapple farmers and 70 processing companies. The industry is currently the third most-valuable agricultural market in Benin. Read More »

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