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Study reveals surge in illegal arachnid trade via Facebook in Philippines

Study reveals surge in illegal arachnid trade via Facebook in Philippines

New research by wildlife trade watchdog TRAFFIC reveals a thriving online trade in live tarantulas and scorpions in the Philippines, with more than 16,000 arachnids found offered for sale on Facebook in 2020 and 2022. Most traded species are...

Are Country-To-Country Deals The Future Of Climate Finance?

Are Country-To-Country Deals The Future Of Climate Finance?

This aerial view shows a degraded area of the Amazon rainforest, near the Koatinemo indigenous land, ... More in Para state, Brazil, on June 12, 2025. (Photo by Carlos FABAL / AFP) (Photo by CARLOS FABAL/AFP via Getty Images)AFP via Getty Images...

Gabon secures $3.8 billion Afreximbank pact for gold, manganese and energy projects

Gabon secures $3.8 billion Afreximbank pact for gold, manganese and energy projects

Gabon has signed a $3.8 billion memorandum of understanding with the African Export-Import Bank (Afreximbank) to fund major national development projects across mining, energy, and transport sectors. The agreement, formalized during Afreximbank’s...

Sovereign default risk: Pakistan most improved economy: Bloomberg

Sovereign default risk: Pakistan most improved economy: Bloomberg

ISLAMABAD: Pakistan stands out globally as the most improved economy in terms of reduction in sovereign default risk, as measured by CDS-implied probability. As per the latest data posted by Bloomberg Intelligence, Pakistan leads the world in...

Pakistan ranked among top emerging economies

Pakistan ranked among top emerging economies

Pakistan has been ranked among the world’s top emerging economies following a significant drop in its default risk in a major boost to investor sentiment and international credibility. According to a new report by the globally renowned financial...

Gabon's BGFI Holding to List on BVMAC July 15

Gabon's BGFI Holding to List on BVMAC July 15

(Business in Cameroon) - BGFI Holding will launch its initial public offering (IPO) on the Central African Stock Exchange (BVMAC) on July 15, 2025. The announcement came during an extraordinary general meeting held on June 25, 2025, at the...

Pakistan stands out globally as most improved economy

Pakistan stands out globally as most improved economy

- Advertisement - ISLAMABAD, Jun 28 (APP):Pakistan stands out globally as the most improved economy in terms of reduction in sovereign default risk, as measured by CDS-implied probability. As per the latest data posted by Bloomberg Intelligence,...

Pakistan tops Bloomberg’s Emerging Market Credit Risk Improvement Rankings

Pakistan tops Bloomberg’s Emerging Market Credit Risk Improvement Rankings

ISLAMABAD – Pakistan has turned the tables on economic front, as the country has been ranked as the most improved emerging market in terms of sovereign credit risk, according to the latest analysis by Bloomberg Intelligence. The report shows...

Nigeria, Gabon Move to Deepen Diplomatic, Economic Relations

Nigeria, Gabon Move to Deepen Diplomatic, Economic Relations

Deji Elumoye in Abuja President Bola Tinubu yesterday played host to his Gabonese counterpart, President Brice Oligui Nguema, at the State House in Abuja, as the two leaders held talks aimed at strengthening diplomatic relations and deepening...

Tinubu Meets Gabonese President Nguema

Tinubu Meets Gabonese President Nguema

President Bola Tinubu on Friday played host to his Gabonese counterpart, President Brice Oligui Nguema at the State House in Abuja, as the two leaders held talks aimed at strengthening diplomatic relations and deepening economic cooperation...

Nigeria, Gabon Strengthen Bilateral Ties As Tinubu, Nguema Meet At Aso Villa

Nigeria, Gabon Strengthen Bilateral Ties As Tinubu, Nguema Meet At Aso Villa

June 27, (THEWILL) – President Bola Tinubu has met with his Gabonese counterpart, Brice Oligui Nguema, at the State House in Abuja. The strategic meeting, held behind closed doors, focused on strengthening diplomatic relations and economic...

AI drones lead breakthrough against malaria in Africa [Business Africa]

AI drones lead breakthrough against malaria in Africa [Business Africa]

This week on Business Africa: AI-powered drones target mosquito breeding sites to fight malaria; in Abuja, African sovereign wealth funds organize to finance the continent’s infrastructure; and in Niger, the recent ban on livestock exports has hit...

Afreximbank to recruit 250,000 workers for proposed $5 billion Textile Facility in Nigeria

Afreximbank to recruit 250,000 workers for proposed $5 billion Textile Facility in Nigeria

The outgoing President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has disclosed that the bank plans to recruit 250,000 workers following its groundbreaking textile facility...

Maroc Telecom raises $330 million in bond issuance on local market

Maroc Telecom raises $330 million in bond issuance on local market

RABAT: Maroc Telecom, Morocco's largest telecoms operator, has raised 3 billion dirhams ($330 million) in its first private bond issuance on the domestic market, it said on Tuesday. The bond, with a two-year maturity and bullet repayment, was...

First congress of forest basin leaders results in call for direct financing

First congress of forest basin leaders results in call for direct financing

Participants at the world’s first global congress of Indigenous and local communities from forest basins seek to increase direct financing to community forest conservation. Community-led organizations are scaling up and creating their own funding...

Gabon: Libreville ends decade-long water crisis with new station

Gabon: Libreville ends decade-long water crisis with new station

A new drinking water pumping station in Libreville, the capital city of Gabon, has ended a decade long struggle to ensure a stable and clean supply for tens of thousands of people. This past week, Gabonese President Brice Oligui Nguema and...

Flutterwave boosts Cameroon’s businesses with 34th country licence

Flutterwave boosts Cameroon’s businesses with 34th country licence

Flutterwave has officially launched its digital payment services in Cameroon after securing a Payment Service Provider licence from the Central Bank of Central African States (BEAC). This milestone, achieved through a technical partnership with...

Harvest Asset Management Tops CFAF 415 Billion, Cementing CEMAC Market Leadership

Harvest Asset Management Tops CFAF 415 Billion, Cementing CEMAC Market Leadership

(Business in Cameroon) - In late May 2025, Cameroonian firm Harvest Asset Management reached a new milestone with CFAF 415 billion in assets under management, according to an official statement. This achievement solidifies its position as the...

US-Africa Business Summit opens debates

US-Africa Business Summit opens debates

Themed “Pathways to Prosperity,” the debates among government delegations and business leaders will take place. Exhibitions and business meetings, among other activities, will be held at the event venue near the Port of Luanda. The opening...

Financial Security (FinSec) Series with Philip Takyi (PhD): Debt-for-Climate Swaps: A lifeline or new trap for developing economies?

Financial Security (FinSec) Series with Philip Takyi (PhD): Debt-for-Climate Swaps: A lifeline or new trap for developing economies?

As developing nations grapple with escalating debt burdens and the intensifying impacts of climate change, policymakers and international financial institutions are increasingly exploring innovative instruments that can address both fiscal and...

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