Shares in Frank Timis’ in African Petroleum, a west African oil and gas company, have fallen 90 per cent over the past 12 months. The wealth of controversial former billionaire Frank Timis has fallen by more than $1 billion and questions have been raised by about why shares are being dumped in the company that made him rich.
Last Updated (Thursday, 23 May 2013 16:45)
African Liberation Day was founded in 1958 when Kwame Nkrumah convened the First Conference of Independent States held in Accra, Ghana and attended by eight independent African states. The 15th of April was declared “African Freedom Day,” to mark each year the onward progress of the liberation movement, and to symbolize the determination of the people of Africa to free themselves from foreign domination and exploitation.
Last Updated (Thursday, 23 May 2013 16:44)
On May 3, 2013, members of the Liberian media assembled in Buchanan, Grand Bassa County to observe World Press Freedom Day, a day declared by the United Nations to remind member states about the need for a free, independent and pluralistic media. But it was also to pay tribute to journalists and media workers who were killed in the performance of their trade.
Last Updated (Thursday, 23 May 2013 14:07)
Police in Monrovia have announced the arrest of a 28 years old woman for alleged involvement in the trafficking of nine children all under the age of five at a local checkpoint on the Monrovia/Gbarnga highway yesterday.
Last Updated (Thursday, 23 May 2013 14:10)
May 22, a USD 100 million unfunded Risk Participation Agreement (RPA) between the AfDB and Commerzbank AG under which the two banks will share the default risk on a portfolio of qualifying trade transactions originated by issuing banks in Africa and confirmed by Commerzbank AG. This facility will help address critical market demand for trade finance in Africa by providing support for trade in vital economic sectors such as agribusiness and manufacturing. It will foster financial sector development, regional integration, and increase government revenue generation ultimately improving Africa’s sustainable economic growth.
Last Updated (Thursday, 23 May 2013 16:07)
ABIDJAN-The President of the Ivorian National Assembly has reacted for the first time on what appears to be the last report of the independent expert of the United Nations dated 12 April 2013. The former prime Minister statement was maintained during a press conference he hosted in conjunction with the Head of Government, Ivorian current Prime Minister Daniel Kablan Duncan, Wednesday May 22, 2013 at the National Assembly.
Last Updated (Thursday, 23 May 2013 14:06)
As Liberia anxiously awaits the arrival of committed investors on its soil in order to enhance its human resource capacity by ably providing job opportunities to its citizens, other foreign companies are using this line to exploit the Country and its human resource development under dubious situations.
Last Updated (Thursday, 23 May 2013 16:08)
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