WorldStage

To compete at the accelerated pace of technological innovations and the 4th Industrial Revolution, Africa has to put in more money into training its people and equipping them with the skills they need for the jobs of the future, Akinwumi Adesina, the President of the African Development Bank, has said. He also called on African countries to rethink the way they do manufacturing.

Africa

ECOWAS mission in Gambia: NAF airlifts Nigerian Army, Navy troops to support operations

March 26, 2018 - by Worldstagerep

In a bid to pursue the ongoing ECOWAS Mission in Gambia (ECOMIG) the Nigerian Air Force (NAF) said it had airlifted Nigerian Army (NA) and Nigerian Navy (NN) contingents to the Gambia.

Africa

We are concerned about court injunction on Sierra Leone run-off poll – ECOWAS

March 26, 2018 - by Worldstagerep

WorldStage Newsonline— The Economic Community of West African States (ECOWAS) has experienced concern over the interim injunction issued by a High Court on Saturday, restraining the National Electoral Commission (NEC) from proceeding with preparations for the Tuesday Presidential run-off election.

Africa / Health

How Air ambulances can boost West African health sector – Flying Doctors

March 26, 2018 - by Worldstagerep

WorldStage Newsonline– Flying Doctors, the West Africa’s first and leading air ambulance service organisation based in Nigeria has expressed optimism that air ambulance services are capable of enhancing the region’s medical collaboration by “facilitating transportation of patients across large distances in very short timeframes.

Africa / Finance / Money Market

UBA sustains strong performance with N105.3b pretax profit in 2017

March 25, 2018 - by Worldstagerep

WorldStage Newsonline– United Bank for Africa Plc has announced its audited results for the financial year ended December 31, 2017, which showed that gross earnings grew substantially to N462 billion, up by 20 percent from N314 billion recorded in the corresponding period of 2017.

Africa / Maritime

Abuja MoU moves against substandard shipping in Africa

March 25, 2018 - by Press Release

In a bid to harmonize port state control inspection procedures that will lead to the elimination of substandard shipping in the West and Central Africa sub-region, the Abuja Memorandum of Understanding (MoU) will host its 3rd Ministerial Conference and 9th Port state Control Committee Meeting with the aim of developing a unified system of Port State Control inspection procedure for the region.

Africa / Economy

Continental Free Trade area to stimulate intra-African trade by $35b – AfDB

March 23, 2018 - by Press Release

The African Development Bank celebrates with Africa and pledges its full support to achieve the success of the recently launched Continental Free Trade Area, as part of its strategy to help Integrate Africa.

Africa / Finance

Tony Elumelu Foundation selects 1,000 entrepreneurs for 2018 programme –

March 22, 2018 - by Press Release

More than 150,000 Africans from 114 countries worldwide applied to join the 4th ‎cycle of The Tony Elumelu Foundation’s (TEF) 10-year, $100 million TEF Entrepreneurship Programme. Today, the Foundation announced the African entrepreneurs with the most innovative, high-potential business ideas.

Africa / Economy

IFC highlights South Africa investment opportunities to support jobs, SMEs, and women

March 22, 2018 - by Press Release

IFC, a member of the World Bank Group, today committed to expand support for initiatives in South Africa that help address persistent challenges in job creation, especially for young people and women. In a speech to government officials and business leaders in Johannesburg, IFC CEO Philippe Le Houérou said IFC is ready to deliver expertise and new ideas that support policies aimed at addressing record high levels of poverty and inequality in the country.

Africa / Business / Industry

Governance key to boosting intra-Africa trade of timber products- AfDB report

March 21, 2018 - by Press Release

A new report by the African Natural Resources Centre of the African Development Bank has stressed the importance of forestry governance to boosting intra-African trade of wood products.