March 3, 2021
Come and invest in Tanzania's Diverse sector's
Minister of State in the President's Office of Investment, Professor Kitila Mkumbo has called on investors from across the globe to come and invest in various fields, describing Tanzania as the best destination when it comes to investments in Africa.
February 17, 2020
How can the US help address Africa's youth bulge?
Africa’s youth need their countries and regional bodies to have strong institutions and effective governments to help “cultivate and nurture their economic potential,” said Thierry Dongala, founder of Accountable Africa.
January 28, 2020
Global Companies Find Themselves Ensnared in Angolan Corruption Case
Thierry Dongala is a former senior advisor to the U.S. House of Representatives' Foreign Affairs Subcommittee on Africa and Global Human Rights and closely follows issues of corruption in Africa. He said, typically, one tool used against multinational companies caught breaking the law in Africa is the Foreign Corrupt Practices Act, which makes it a crime for any U.S. citizen to pay a bribe or engage in corruption on foreign soil. This law can also be used against companies that employ U.S. citizens.
October 31, 2019
African Development Bank approves record capital boost of 125% to $208 billion
The African Development Bank’s board approved a 125% capital increase to $208 billion on Thursday, the largest in the lender’s history, AfDB President Akinwumi Adesina said.
April 9, 2019
African Development Bank President makes strong case for increased U.S. investment in Africa
Speaking at a high-level dialogue in Washington D.C. on the sidelines of the World Bank-IMF Spring meetings, the President of the African Development Bank, Akinwumi Adesina, said “It is time to turn around the declining investments of the U.S. in Africa. As the world’s private sector leader, the United States has a unique role to play in increasing investments in Africa and expanding opportunities for the U.S. private sector".