U.S. Chamber of Commerce solidifies relationship with African countries

U.S. Chamber of Commerce's Myron Brilliant led a delegation to West Africa March 11. During the visit, Brilliant and U.S.-Africa Business Center President Scott Eisner traveled to Senegal, Nigeria and Cote d'Ivoire, where discussions concerning bilateral trade, job creation and economic growth took place. They also spoke to government officials and private entities. Read More »

Kosmos declares successful appraisal from off-coast well

Kosmos Energy, an oil and gas exploration and production company, announced its successful appraisal Wednesday of Ahmeyim and Guembeul gas off the coast of Mauritania and Senegal, which will result in higher gross resources. The discovery was made due to the Ahmeyim-2 exploration and appraisal well, which drilled to 5,200 meters, and in the Lower Cenomanian and Albian, which increased from 50 square kilometers to 90 square kilometers. In addition to the increase in field area, the well also foun Read More »

Publicis Groupe partners with Troyka in Nigeria

Publicis Groupe announced an equity partnership with Troyka Group Wednesday, the first wholly integrated marketing communications service provider in West Africa. Publicis Groupe, which has spent years investing in Africa due to its strong growth, will use the partnership to launch a network in Nigeria. Through partnership with Troyka Group, Publicis Groupe will be able to develop a strong communications entity throughout West Africa. Read More »

USAID survey shows deep decreases in Ghana's poverty, hunger levels

A 2015 population survey from USAID found that poverty, undernutrition and hunger in northern Ghana have been significantly reduced since 2012.The survey's results were based off of data from the 2012 survey and shows that the poverty levels in northern Ghana have been reduced. Additionally, there has been a decrease of almost 20 percent for households suffering from hunger. Read More »

3i and FBN release Premia Insurance Suite

3i Infotech's Premia Insurance Suite at FBN Insurance has been effectively implemented in Nigeria. Johan Schalkwyk, COO of FBN, explained that the Nigerian market requires specific solutions and 3i has been able to cater its services there while growing the company. "Their ability to keep promises and deliver on time has turned them into our preferred IT partner," Schalkwyk said. Read More »

Facebook uses Social Media Week Lagos to enhance partnerships in Nigeria

Facebook showcased its commitment to Nigerian content companies and developers at Social Media Week in Lagos Feb. 22 to Feb. 26. Social Media Week Lagos is Africa's largest technology, new media and business conference. Facebook offered master classes and workshops as well as a day dedicated to assisting Nigerian developers on growth hacking and designing social applications. Read More »

USAID budget details released

USAID recently indicated how it will use the $22.7 billion allocated to the organization. President Barack Obama's Fiscal Year 2017 Budget gives $11 billion to USAID-managed accounts that addresses transition initiatives, international disaster assistance and crises funds; $1.7 billion to ensure the progress of current operations; and $195.5 million for the global development lab. Read More »

Meeting among African organizations discusses ways to improve continent

The New Partnership for Africa's Development hosted a meeting with the African Union, regional economic communities, United Nations Economic Commission for Africa and the African Development Bank Monday. The meeting, called "Towards Achieving the Agenda 2063," was attended by various financial and economic experts, with attendees discussing the ways African countries could grow. Read More »

IMF board to disburse additional $25.6 million to aid Guinea's economy

The Executive Board of the International Monetary Fund (IMF) completed a sixth and seventh review of Guinea’s economic performance as part of the ECF arrangement and has agreed to disburse $25.6 million immediately in aid. The current aid comes as part of a total $216.7 million given in the ECF arrangement, which the board agreed to extend until the end of October. Read More »

Sage Foundation, Sesôr Africa to refurbish Strides Towers College Library

Sage Foundation is teaming up with Nigerian non-profit organization Sesôr Africa to refurbish Strides Towers College's school library. Sesôr Africa provides relief and rehabilitation services to survivors of emergencies. The Sage Foundation helps create social and economic opportunities in communities around the world by giving them time, money, expertise and technology. Read More »

ECOWAS hosts regional workshop in Ghana to focus on agriculture

The Economic Community of West African States (ECOWAS) held a regional workshop in Ghana Monday aimed at mainstreaming national agriculture investment plans. The government in Malabo has articulated its key commitments for sustaining the Comprehensive Africa Agriculture Development (CAADP) over the next decade. It hopes to end hunger in Africa by 2025 by reducing child malnutrition. Read More »

EU representative participates in Gbarnga-Ganta-Guinea Border road dedication

Emma Sundblad participated in the dedication of the Gbarnga-Ganta-Guinea Border road March 7. At the event, Sundblad spoke of the EU’s continued support of the Liberian government in establishing the system of roads. Sundblad spoke at the event as a representative of the Liberia Reconstruction Trust Fund donors. This fund includes the United Kingdom and Ireland. Read More »

British High Commissioner to Nigeria and 100 Women Lobby Group discuss gender gap

The British High Commissioner to Nigeria, in partnership with the 100 Women Lobby Group, hosted a working dinner Friday in support of the empowerment of women and girls in Nigeria. The event brought together women ministers, representatives of women advocacy groups and officials of the U.K. in Nigeria to explore steps for bridging the gender gap within the country. Read More »

Next Einstein Forum explores Africa's STEM potential

At this year's Next Einstein Forum's Global Gathering, Africa made a statement about the presence of scientifically and mathematically minded individuals across the continent. This was the first global science forum to be hosted in Africa and lasted three days. The conference aimed to discuss the importance of STEM education for science, technology, engineering and mathematics. Read More »

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