Mauritania’s Sidi Ould Tah Elected New AfDB President
Mauritania’s former economy minister Sidi Ould Tah was on Thursday elected to succeed Nigeria’s Akinwumi Adesina as president of the African Development Bank (AfDB) and tackle the withdrawal of US financing from the institution. In 2015 Adesina took six rounds…
Global Partnership Expands Collaboration with Africa CDC, WHO, and RKI for Enhanced Health Security
Africa CDC, WHO, and RKI expand unique partnership with the G7-led Global Partnership to strengthen collaborative surveillance in Africa. Addis Ababa, Berlin, Geneva | 29 May 2025 — The World Health Organization (WHO), Africa Centres for Disease…
Meet the five people vying to lead Africa’s top development bank
A banker with 30 years of experience, South African Bajabulile Swazi Tshabalala is the sole female candidate to become president of the African Development Bank. File photo. Five candidates are running to become president of the African Development Bank (AfDB)…
How Nigeria’s biggest banks performed in Ghana in Q1 2025
How Nigeria’s biggest banks performed in Ghana in Q1 2025 The Ghanaian subsidiaries of Nigeria’s largest banks, collectively known as FUGAZ (First HoldCo, UBA, GTCO, Access Bank, and Zenith Bank), reported a combined pre-tax profit of ₵1.20 billion (Ghana cedis)…
Muhammadu Buhari Congratulates Adesina on Successful AfDB Tenure
Former President Muhammadu Buhari has commended Akinwumi Adesina for what he described as a “spectacular performance” at the helm of the African Development Bank as his second and final term comes to an end this August. Buhari hailed Adesina’s leadership…
Renowned Kenyan Author Ngũgĩ wa Thiong’o Passes Away at 87
Ngũgĩ recalled returning home from Alliance at the end of term to find his entire village had been razed by the colonial authorities. His family members were among the hundreds and thousands forced to live in detention camps during…
Eto’o, Adebayor, Okocha play peace match in Somalia
Three African football legends – Samuel Eto’o, Emmanuel Adebayor and Jay-Jay Okocha – took to the pitch in Somalia on Tuesday for an exhibition match aimed at restoring the country’s image. The three superstars were part of a FIFA-backed…
MTN Ghana reaffirms $1.0bn investment commitment
The Chief Executive Officer of MTN Ghana, Stephen Blewett, has reaffirmed the company’s commitment to increasing its investments in Ghana, citing confidence in the country’s economic potential and digital transformation agenda. Speaking at the 9th edition of the Ghana CEO…
Tinubu arrives in Lagos for ECOWAS 50th anniversary
President Bola Tinubu has arrived in Lagos ahead of Wednesday’s 50th anniversary of the Economic Community of West African States. The presidential plane conveying Tinubu landed at the Murtala Mohammed International Airport, Ikeja at 4:15 pm. The president was received…
Egypt, South Africa lead Africa’s smartphone growth as Nigeria slumps in Q1 2025
Countries like Egypt and South Africa led the continent with double-digit gains, while Nigeria’s shipments fell 7% amid inflation and economic strain. Brand competition intensifies While TRANSSION remained Africa’s dominant vendor with a 47% market share, its shipments declined 5%…