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Africa - Page 38

Guinea: New Report Reveals Workers’ Rights Abused in Plantations Linked to State-Owned Company Soguipah

Workers on family plantations and union representatives told Amnesty that they do not have access to the agreement and contract signed in the 1990s defining their contractual relationship with Soguipah. One of the representatives said: "I have never seen this agreement. Soguipah

October 23, 2025

Microsoft Set To lay Off 1,900 Workers Amid Job Cuts In Tech Industry

Africa·Business·News·Technology

Microsoft Backs Tech4Dev To Employ 100,000 African Youths Through BPO

Global tech giant Microsoft has thrown its full support behind Nigeria’s Tech4Dev, a non-profit organisation to drive social change. The initiative unveiled in Lagos, intends to provide gainful employment for 100,000 young Africans over the next seven years through Business Process Outsourcing

December 26, 2023

AfDB Boosts Nigerian Fertilizer Industry With $75m Loan

Africa·Business·News

AfDB Launches Initiative To Tackle Continent’s Rising Debt Challenges

In a concerted effort to confront the mounting debt plaguing the continent, the African Development Bank Group has spearheaded the formation of the African Debt Managers Initiative Network (ADMIN). This initiative aims to unify experts in devising indigenous strategies to address Africa’s

December 23, 2023

Nigeria Reaffirms OPEC Commitment Amid Angola's Exit, Aims To Exceed Production Targets

Africa·Business·News·Oil & Gas

Nigeria Reaffirms Commitment To OPEC, Aims To Exceed Production Targets Amid Angola’s Exit

Following Angola’s withdrawal from the Organisation of Petroleum Exporting Countries (OPEC), Nigeria has reiterated its allegiance to OPEC while vowing to surpass production targets set by the organisation in 2024. Addressing concerns about membership in OPEC, the country’s Minister of State for

December 23, 2023

Africa·Business·News·World News

How Former Africa’s Richest Woman, Dos Santos Asset Valued At $734m Was Frozen

Formerly Africa’s wealthiest woman, Isabel dos Santos, encountered a significant legal blow as a London judge granted a freezing order on her assets, valued at $734 million. The ruling follows a case brought by Angolan telecoms giant Unitel, stemming from loans arranged

December 20, 2023

Africa·Business·News

AfDB Pulls International Staff From Ethiopia Following Diplomatic Breach, Assault

The African Development Bank (AfDB) has announced the immediate withdrawal of all its international staff from Ethiopia, following an alarming breach of diplomatic protocol and physical assault on its international personnel. This action leaves the office operating under an Officer-in-Charge, drastically altering

December 20, 2023

Africa·Business·News

Eni Affirms Italy’s Commitment To Invest In Africa For Energy

Claudio Descalzi, the CEO of Eni, emphasized Italy’s intent to invest in Africa in energy and migration management. Speaking during a political event in Rome. Descalzi underlined Italy’s need to steer energy flow from south to north, stating, “Italy is ready to

December 17, 2023

The African Union Advisory Board Against Corruption (AUABC) and the Pan African Lawyers Union (PALU) jointly highlighted the significance of the Common African Position on Asset Recovery (CAPAR) in reclaiming and managing African assets situated in foreign jurisdictions.

Africa·News

AUABC, PALU Highlight Vital Role Of CAPAR In Asset Recovery

The African Union Advisory Board Against Corruption (AUABC) and the Pan African Lawyers Union (PALU) jointly highlighted the significance of the Common African Position on Asset Recovery (CAPAR) in reclaiming and managing African assets situated in foreign jurisdictions. In a series of

December 15, 2023

World Bank Report Reveals 34% of Nigeria’s Education, Health Expenditures Lost Due To Absenteeism

Africa·Business·News·World News

Debt Servicing: How High-Interest Rates Threaten Nigeria, Tanzania, Others’ Investments – World Bank

World Bank report has brought to light the alarming reality faced by developing nations, particularly Nigeria and Tanzania, as they grapple with the burden of debt servicing. Over the past four decades, these countries collectively funneled a colossal $441 billion into servicing

December 15, 2023

Africa·Business·News

Sao Tome and Prínciple: AfDB Approves $17.4m Grants To Boost Financial, Energy Reforms

The Board of Directors of the African Development Bank Group has approved grants amounting to $17.4 million for Sao Tome and Príncipe. This move is part of the economic response strategy aimed at supporting public finance and energy sector reforms following several

December 15, 2023

African Development Fund Approves €38.84 Million Loan To Boost Benin’s Economic Growth

Africa·Business·News

ADF Approves €38.84m Loan To Boost Benin’s Economic Growth

In a move to bolster Benin’s economic landscape, the Board of Directors of the African Development Fund, a concessional window of the African Development Bank Group, has sanctioned a €38.84 million loan. The loan signed on December 13, aims to kickstart the

December 15, 2023

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Africa - Page 38

Guinea: New Report Reveals Workers’ Rights Abused in Plantations Linked to State-Owned Company Soguipah

Microsoft Backs Tech4Dev To Employ 100,000 African Youths Through BPO

AfDB Launches Initiative To Tackle Continent’s Rising Debt Challenges

Nigeria Reaffirms Commitment To OPEC, Aims To Exceed Production Targets Amid Angola’s Exit

How Former Africa’s Richest Woman, Dos Santos Asset Valued At $734m Was Frozen

AfDB Pulls International Staff From Ethiopia Following Diplomatic Breach, Assault

Eni Affirms Italy’s Commitment To Invest In Africa For Energy

AUABC, PALU Highlight Vital Role Of CAPAR In Asset Recovery

Debt Servicing: How High-Interest Rates Threaten Nigeria, Tanzania, Others’ Investments – World Bank

Sao Tome and Prínciple: AfDB Approves $17.4m Grants To Boost Financial, Energy Reforms

ADF Approves €38.84m Loan To Boost Benin’s Economic Growth

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