Solway Investment Group, a private international mining and metals group based in Switzerland, has submitted a Notice of Arbitration to the Government of Liberia for settlement of claims of damages in relation of revocation of mining contracts.
Recognizing the many milestones it has reached in recent months, Strategies to Prevent Spillover, or STOP Spillover, a project funded by the U.S. Agency for International Development (USAID) and led by Tufts University, has announced that the interim leadership team that was put in place in March 2023 will take on a permanent role for the next two years of the project.
The U.S. Treasury Department has begun sanctioning tankers transporting Russian crude oil valued above the West’s price cap.
Since Dec. 5, 2022, the Group of Seven nations, members of the European Union and Australia have barred their countries’ marine service providers from working with tankers carrying Russian crude priced above $60 per barrel.
In an effort to foster higher standards of journalism in West Africa, the Google News Initiative (GNI) and DUBAWA, the respected verification and fact-checking arm of the Centre for Journalism Innovation and Development (CJID), have come together.
The partnership will focus on an extensive training program specially designed for journalists in non-urban communities of Nigeria, Ghana, and Liberia.
United Bank of Africa (UBA) has launched a $6 billion financing initiative with the goal of promoting Small and Medium Enterprises (SMEs) across the African continent.
This initiative is designed to provide funding access to SMEs in the Agro-processing, Pharmaceuticals, Automotive, Transport, and Logistics sectors, facilitating their expansion.
UBA has partnered with the African Continental Free Trade Area (AfCFTA) secretariat to launch the financing initiative.
This initiative would deliver $6 billion in funding to eligible SMEs throughout Africa over the next three years.