Gates to Announce Multibillion Dollar Clean-Energy Fund

Africa’s richest man Aliko Dangote joins Bill Gates to set up Multibillion Dollar Clean-Energy Fund

Bill Gates, the world’s richest man, and fellow philanthropists have revealed details of a fund for clean energy technology to be used in countries that have committed public money to double research and development. Gates, co-founder of Microsoft Corp., will be joined by at least 27 other private investors in the so-called “Breakthrough Energy Coalition,” […]

Interpol seizes $262m illegal timber

Interpol seizes $262m of illegal timber in W.Africa, Burkina Faso praised for cooperation

Interpol has announced that it had seized protected and valuable timber species from nine West Africa countries worth more than $262 million. The timber was seized during the “Operation Log” in Benin, Burkina Faso, Cote d’Ivoire, Gambia, Ghana, Mali, Mauritania, Senegal and Togo. The operation was carried out in West Africa, Central and South America […]

Xenophobia: Reprisal Attacks Will Plunge Nigeria’s Economy, Says MTN

MTN Nigeria warns reprisal attacks on S.Africans will plunge Nigeria’s economy

MTN Nigeria has cautioned against reprisal attacks on multinationals that have links with South Africa owing to the xenophobic attacks on Nigerians in South Africa,  saying any such occurrence would result in monumental loss and setback for the Nigerian economy. Xenophobic attacks on foreigners in South Africa by some group of South Africans has led […]

Mammoth rail network to put West African economies on the right track

Extensive West African rail network planned to connect regional resource rich mines

When it comes to minerals found in our phones, laptops, cars and planes, most are found in the resource-rich mines of West Africa. Mineral exports are a major economic driver of nations such as Nigeria, Burkina Faso and Niger, and are predicted to rise from 109,000 tonnes a year to 3.4 million tonnes a year […]

Ghana's manufacturing sector registers negative growth

Ghana’s manufacturing sector registers negative growth

Photo©Reuters Persistent erratic power supply led to Ghana’s manufacturing sector growth dipping to an unprecedented negative 8% in the fourth quarter of 2014, eroding confidence in the business community, Association of Ghana Industries (AGI) has said. "The manufacturing sector continues to shrink and Ghana risks losing its industrial base if government policies do not quickly […]

World Band Forecasts US$25bn Economic Losses For West Africa

World Band Forecasts US$25bn Economic Losses For West Africa due to a

A World Bank Group economic report from October 8, 2014 has revealed that the West Africa region alone could experience a downside scenario of US$25 billion in economic losses in 2015. The report made specific mention on the economic impact and stressed that the Ebola epidemic will also continue to cripple the economies of Guinea, […]

Protecting Fans from Ebola at the Africa Cup of Nations in Equatorial Guinea

Protecting Fans from Ebola at the Africa Cup of Nations in Equatorial Guinea

Disinfecting spectators’ hands with hand sanitizing gel at the Africa Cup of Nations, Equatorial Guinea, 2015. WHO/Nicolas Isla   Thanks to preparedness activities by Equatorial Guinea’s Ministry of Health, FIFA and the World Health Organization (WHO), the 1 million people gathered in Equatorial Guinea for the 2015 Africa Cup of Nations are able to focus more […]