Our Correspondent | Africa Guardian Plans are underway for a groundbreaking project to connect Africa and Asia with what could become the world’s largest suspension bridge. Estimated to cost £100 billion, the proposed “Bridge of Horns” would stretch an astonishing 20 miles across the Red Sea, linking Djibouti in East Africa to Yemen in the Middle East. Engineering Marvel…
Edson Baraukwa | Africa Guardian Cryptocurrency is reshaping South Africa’s financial landscape, promoting inclusion, empowering small businesses to access global markets, and offering innovative payment systems. With a combination of crypto-friendly regulations, a vibrant tech ecosystem, and increasing adoption, South Africa is cementing its status as the continent’s cryptocurrency hub. In 2024, Africa’s crypto market revenue is expected to…
Charles Muchoki | Africa Guardian The Neo Black Movement (NBM) of Africa has commended the Nigeria Police Force (NPF), led by IGP Kayode Egbetokun, and the Economic and Financial Crimes Commission (EFCC), under Mr. Ola Olukoyede, for their successful dismantling of two major cybercrime hubs in Abuja and Lagos. In a statement signed by NBM President Olorogun Ese Kakor,…
Our Correspondent | Africa Guardian Africa’s economic landscape is often seen as fragmented, with its 40+ currencies, eight regional economic communities, and two currency unions viewed as obstacles to growth. These complexities are frequently cited as the root cause of regulatory barriers and logistical challenges that hinder cross-border trade and foreign investment. But what if we’ve been looking at…
Elizabeth Antidius Shumbusho | Africa Guardian HostAfrica, a prominent web hosting solutions provider in Africa, has announced its plans to acquire the assets of GO54 (formerly WhoGoHost), a leading Nigerian web hosting company. This acquisition marks a significant milestone in HostAfrica’s efforts to enhance its service offerings and strengthen its presence in Africa’s burgeoning tech market. Expanding Nigeria’s Digital…
Charles Muchoki | Africa Guardian Taylor Swift’s record-breaking Eras Tour, which concluded in Vancouver on December 8, drew over 10 million fans across 149 shows spanning five continents. However, many fans are questioning why Africa was left off the itinerary. A TikTok video reposted on X (formerly Twitter) by @SinginSwiftie has sparked debate. The video shows Kenyans singing along…
Edson Baraukwa | Africa Guardian The Africa Eco Race, the world’s premier cross-border rally raid, has revealed the list of participants for its highly anticipated 2025 edition. Launched in 2008, the Africa Eco Race honors the legacy of historic African rallies while championing sustainability and adventure. This iconic rally stretches from Monaco to Dakar, traversing the breathtaking landscapes of…
Charles Muchoki | Africa Guardian Across the globe, working hours vary dramatically, influenced by cultural, economic, and labor factors. Some countries foster environments where shorter work weeks are the norm, while others are characterized by longer working hours. Here’s a look at the African countries with the longest and shortest weekly work hours. Global Work Hour Disparities The International…
Edson Baraukwa | Africa Guardian The African Growth and Opportunity Act (AGOA), a vital component of US-Africa trade relations, faces an uncertain future as partisan disagreements in US Congress have derailed efforts to renew the scheme this year. Diplomats and industry advocates had hoped to secure a renewal of AGOA as part of Washington’s year-end budget deal to avoid…
Our Correspondent | Africa Guardian The Nigerian National Petroleum Company Limited (NNPC) is working to secure a $2 billion loan aimed at stabilizing its finances and investing in new oil infrastructure to increase crude oil production, according to reports by Africa Intelligence. The loan, named Project Leopard, is expected to be finalized soon, with the first $1 billion tranche…
Our Correspondent | Africa Guardian Cheeba Cannabis & Hemp Academy, a leading South African cannabis education provider, has unveiled its groundbreaking Higher Certificate in Cannabis Production and Management. This qualification, the first of its kind to be accredited by the Council on Higher Education (CHE), aims to set a new standard for cannabis education. Trenton Birch, CEO and Co-founder…
Edson Baraukwa | Africa Guardian From December 9 to 13, 2024, experts from disaster management, meteorology, and hydrology authorities convened in Kampala, Uganda, to tackle the transboundary challenges of drought and flooding in the Horn of Africa. Organized by the United Nations Office for Disaster Risk Reduction (UNDRR) in partnership with the IGAD Climate Prediction and Applications Centre (ICPAC)…
Charles Muchoki | Africa Guardian The harmattan season, marked by dry and dusty winds from the Sahara Desert, significantly impacts daily life across West Africa. Spanning from late November to mid-March, this period brings cooler temperatures, lower humidity, and various challenges, including health risks and safety concerns related to fuel storage. As temperatures fluctuate, understanding how to store fuel…
Elizabeth Antidius Shumbusho | Africa Guardian Léopold Sédar Senghor International Airport, once a bustling gateway in Senegal’s capital, Dakar, and a symbol of national pride, has been overshadowed by the country’s state-of-the-art aviation hub. The former flagship airport, named after Senegal’s first president and celebrated poet, had served over two million passengers annually and hosted numerous world leaders, including…
Our Correspondent | Africa Guardian The Mjadala Afrika debate held in Addis Ababa provided a compelling look into the future of African Union (AU) leadership, where candidates for the African Union Commission (AUC) Chairperson shared their ambitious visions to tackle the continent’s challenges and harness its opportunities. One of the key themes that emerged was Africa’s growing relationship with…
Edson Baraukwa | Africa Guardian Chris Brown’s recent performance at the FNB Stadium made waves, with the American R&B star delivering an unforgettable two-day concert. During the event, DJ Fresh, who kept the energy high between performances, hinted at a potential return to South Africa. The US-based DJ entertained the crowd with an array of South African hits, including…
Our Correspondent | Africa Guardian A disturbing series of investigative reports has uncovered a Russian labor recruitment scheme allegedly luring young African women with promises of education, work experience, and financial opportunities—only to find them assembling military drones in Russia, and in some cases, even being caught in a Ukrainian drone strike. The program, named Alabuga Start, reportedly targets…
Elizabeth Antidius Shumbusho | Africa Guardian As 2024 comes to a close, the recent Africa Industrialization Day provided a timely opportunity to reflect on the continent’s progress toward sustainable development and the critical role technological innovation, enhanced trade, and increased productivity play in driving economic growth. UN Secretary-General António Guterres highlighted the promise of the African Continental Free Trade…
Our Correspondent | Africa Guardian The global community is buzzing with renewed optimism following COP29 in Baku, where a $300 billion climate finance package was announced alongside an ambitious roadmap to scale this to $1.3 trillion annually by 2035. For Africa, this signals a critical opportunity to translate hope into action and reimagine the future—a future where sustainability drives…
Charles Muchoki | Africa Guardian The 6th edition of the highly anticipated Art of Technology (AOT) Lagos conference, hosted by the Eko Innovation Centre in collaboration with the Lagos State Ministry of Innovation, Science, and Technology, recently took place at the Landmark Event Centre, Victoria Island, Lagos. Under the theme “The AI Revolution: Transforming Lagos into Africa’s Digital Powerhouse,”…
Edson Baraukwa | Africa Guardian SalesRuby Limited, a prominent management consulting firm, is set to drive transformative growth for over 400 SMEs and corporate organizations through the Africa Revenue Summit 2025 (AFRES2025). The initiative aims to support businesses in achieving a remarkable 400% growth by 2025, even amidst challenging economic conditions. This ambitious plan focuses on equipping business leaders…
Edson Baraukwa | Africa Guardian Empowering Connections: Canon’s photography training and Creative Park activities provide children with special needs and their guardians a platform to bond, explore, and express creativity together.Preserving Joy: Families gain tools to capture cherished moments, fostering enriching experiences and lasting memories. Canon Central and North Africa (Canon-CNA.com), a leader in imaging solutions, has announced a…
Charles Muchoki | Africa Guardian Tobacco use among African adults is projected to decline significantly, with Statista estimating a drop from 14.5% in 2000 to 7.4% by 2025. However, the World Health Organization (WHO) warns that a growing youthful population, increasing incomes, and the expanding tobacco industry could lead to a surge in young smokers in Sub-Saharan Africa. Once…
Our Correspondent | Africa Guardian TechnipFMC has been awarded a significant contract to supply the subsea production system for Shell’s $5 billion Bonga North project, located offshore Nigeria. On December 16, Shell confirmed its final investment decision for the project, marking the first deepwater development in Nigeria in over a decade. TechnipFMC, previously identified as the frontrunner, will provide…
Our Correspondent | Africa Guardian The increasing cost of diesel is a pressing concern for various industries, including transportation and agriculture, throughout Africa. Business Insider Africa, with data from GlobalPetrolPrices, has highlighted the top 10 African countries with the lowest diesel prices as of the end of 2024. Key Points to Note: Diesel is vital for industries like agriculture…
Elizabeth Antidius Shumbusho | Africa Guardian Renowned photojournalist Scott Ramsay spent years exploring Africa’s natural wonders. His latest book, Spirit of Africa, is a testament to his journey. Here’s an excerpt from his introduction, offering a glimpse into how his transformative experience began. The word “spirit” originates from the Latin spiritus, meaning breath. For me, the African wilderness is…
Charles Muchoki | Africa Guardian Mike Sangster, Senior Vice President for Africa at TotalEnergies E&P, has been confirmed as a keynote speaker at the inaugural Congo Energy & Investment Forum (CEIF), scheduled for March 25-26, 2025, in Brazzaville. Representing one of the world’s leading energy companies, Sangster will discuss TotalEnergies’ commitment to sustainable energy growth in the Republic of…
Edson Baraukwa | Africa Guardian The urgent need to transform education financing in Africa took center stage at a continental education conference in Nouakchott, Mauritania. Over the weekend, African ministers and international experts convened to address the critical challenge of ensuring sustainable funding for quality education, particularly for the continent’s rapidly expanding youth population. In focused sessions on education…
Charles Muchoki | Africa Guardian Debbie Weinstein, a seasoned UK executive at Google, has been named the company’s president for Europe, the Middle East, and Africa (EMEA). With a decade at Google and a career foundation at Unilever, Weinstein brings a wealth of experience to her new role during what she describes as a “pivotal” time for the tech…
Edson Baraukwa | Africa Guardian Cassava Technologies, a global leader in digital infrastructure and services, has announced securing $310 million in funding, marking a transformative phase for the company. This includes a $90 million equity investment from key players such as the US International Development Finance Corporation (DFC), Finnish Fund for Industrial Cooperation (Finnfund), and Google LLC. In addition…
Our Correspondent | Africa Guardian The Ministry of Basic and Secondary Education (MoBSE), in collaboration with the University of The Gambia (UTG) and the University of Oslo (UiO), has introduced Africa’s first-ever Master’s Program in Education Management Information Systems (EMIS). The historic launch, held on Wednesday, December 11, at the Sir Dawda Kairaba Jawara International Conference Center (SDKJICC) in…
Chris Brown, the Grammy-winning R&B sensation, headlined a historic concert at South Africa’s 94,000-capacity FnB Stadium in Johannesburg, the largest venue on the continent. View this post on Instagram A post shared by WeTalkSound (WTS) (@wetalksound) The American singer made headlines in October 2024 when he sold out the venue in just two hours, marking a significant milestone in…
Our Correspondent | Africa Guardian The Basketball Africa League (BAL) (www.BAL.NBA.com) and Hennessy, the world-renowned cognac brand and Official Spirit of the BAL, are set to host the second “BAL IN” event in Accra, Ghana, at the Bukom Boxing Arena on Friday, December 27. Presented by Hennessy, “BAL IN” Accra will showcase African culture and creativity, bringing together basketball,…
Elizabeth Antidius Shumbusho | Africa Guardian At the Confederation of African Football (CAF) Awards held in Marrakesh on Monday, Nigeria’s Ademola Lookman and Zambia’s Barbra Banda were named the African Men’s and Women’s Players of the Year, respectively. Lookman, 27, succeeded his fellow Nigerian, Victor Osimhen, who claimed the honor last year. Osimhen’s win marked the first time a…
Charles Muchoki | Africa Guardian Education-focused Civil Society Organisations (CSOs) from across the Economic Community of West African States (ECOWAS) region have gathered in Accra to foster collaboration, strengthen accountability, and create a unified voice for education advocacy. This three-day conference has brought together 24 participants from countries including Togo, Côte d’Ivoire, Sierra Leone, Liberia, Nigeria, Senegal, The Gambia,…
Edson Baraukwa | Africa Guardian On Saturday, the iconic FNB Stadium in Johannesburg, South Africa, was packed with over 90,000 fans as Chris Brown made his much-anticipated return for the first of two sold-out concerts. The landmark performance marked Breezy’s comeback to the city after years away, drawing an ecstatic crowd eager to experience his electrifying show. Chris Brown…
Edson Baraukwa | Africa Guardian A five-year-old girl, born in a prison in Mauritius, has been officially handed over to South African government officials after spending her early years living with her imprisoned mother. The mother, who has been incarcerated for drug trafficking since her arrest in 2019, has been awaiting trial. The South African Department of Social Development,…
Our Correspondent | Africa Guardian While women across the globe continue to face systemic obstacles that hinder their ability to reach and sustain positions of power, a select group are breaking these barriers, making significant strides in business, entertainment, and politics. Forbes’ 2024 list of the World’s 100 Most Powerful Women celebrates these trailblazers, with five African women securing…
Our Correspondent | Africa Guardian Dr. Akinkunmi Adesina, President of the African Development Bank (AfDB), has described his recent “African of the Decade” award as a powerful testament to Africa’s transformative potential. He received the prestigious honor at the 2024 Africa Investment Forum in Rabat, Morocco, marking a milestone in the All-Africa Business Leaders Awards. Speaking after receiving the…
Elizabeth Antidius Shumbusho | Africa Guardian The United Nations Economic Commission for Africa (ECA) partnered with key stakeholders to explore the transformative role of higher education in fostering sustainable development at the “2024 UNESCO Forum on Higher Education in Africa: A Driver for Sustainable Development.” The event, held from December 10–12, 2024, in Nairobi, marked part of the African…
Edson Baraukwa | Africa Guardian Africa, often hailed as the “mobile continent,” is home to 500 million internet users, primarily accessing the web via mobile networks. With a connectivity rate of around 40%, the continent lags behind the global average of 70%. While expanding mobile coverage remains vital, fibre networks hold the key to bridging Africa’s digital divide and…
Charles Muchoki | Africa Guardian Afrobeat musician Seun Kuti has called on African governments to prohibit Kemi Badenoch, a prominent member of the United Kingdom’s Conservative Party, from visiting the continent. His comments follow Badenoch’s controversial remarks about Nigeria. According to Daily Post, Badenoch, who has previously spoken about her upbringing in Nigeria, described it as marked by fear,…
Edson Baraukwa | Africa Guardian Officials at the African Light Source (AfLS) Foundation are targeting 2035 for the construction of Africa’s first synchrotron light source. On December 9, the foundation released its “geopolitical” conceptual design report, calling on African leaders to pledge the $2 billion needed to build and operate the facility for the first decade. Despite the existence…
Charles Muchoki | Africa Guardian A new Vodacom Business Cybersecurity Report reveals that 80% of South African businesses have faced cyberattacks in the past year, yet only 32% prioritize cybersecurity training for employees. The findings, unveiled at Vodacom World in Midrand on November 27, underscore the escalating cybersecurity challenges as businesses increasingly embrace digital transformation. The report, commissioned in…
Our Correspondent | Africa Guardian South African business leaders will convene on 20 February 2025 at ITWeb’s annual GRC conference to explore strategies for integrating governance, risk mitigation, and compliance (GRC) with enterprise innovation and agility. The event, hosted at The Forum in Bryanston, will tackle pressing topics such as the impact of new legislation, data protection, privacy, and…
Edson Baraukwa | Africa Guardian The Managing Partner of Famsville Solicitors, Mr. Dayo Adu, has called on legal professionals to foster stronger partnerships to improve access to justice for businesses across Africa. Speaking at the African Corporate and Government Counsel Forum (ACGC) in Lagos, themed “Celebrate, Connect, Community,” Adu emphasized the critical role of a robust legal framework in…
Our Correspondent | Africa Guardian Niger’s military government has suspended BBC radio broadcasts for three months, accusing the British broadcaster of spreading “erroneous information” regarding a reported jihadist attack. The BBC is the latest Western media outlet targeted by Niger’s leadership since a coup in July 2023. The suspension, effective immediately, alleges that the BBC aired content that could…
Charles Muchoki | Africa Guardian The African Development Bank (AfDB) (www.AfDB.org) proudly celebrates 60 years of advancing economic and social transformation across Africa. The Southern Africa regional celebration, held in Johannesburg, gathered leaders, stakeholders, and partners to honor the institution’s milestones and reaffirm its commitment to a prosperous future for the continent. In her keynote address, Ms. Leila Farah…
Our Correspondent | Africa Guardian Despite the death of Yevgeny Prigozhin, the Wagner Group continues to maintain its presence and operations in the Central African Republic (CAR) and Mali, where the mercenaries remain favored by local leaders. In an effort to centralize and reorganize its operations, Moscow has sought to merge Wagner’s African interests into a new entity, the…
Charles Muchoki | Africa Guardian Lewis Hamilton has long expressed his desire to race in Africa, and it seems his wish may soon be realized. South Africa’s Minister of Sports, Arts, and Culture, Gayton McKenzie, has confirmed that plans are in motion for the country’s return to the Formula 1 calendar. In an interview with SuperSport, McKenzie shared his…
Music Business Academy for Africa and SACEM Partnership Empower Next Generation of Creators Elizabeth Antidius Shumbusho | Africa Guardian The Music Business Academy for Africa (MBAA), in collaboration with SACEM, recently hosted a groundbreaking workshop at Alliance Francaise in Ikoyi, Lagos. The event focused on the crucial role of Performance Rights Organizations (PROs) in Africa’s Francophone and Anglophone music…
Our Corespondent | Africa Guardian At the 6th Privacy Symposium Africa in Harare (November 19–21), delegates faced a poignant moment when asked to translate “artificial intelligence” into their native languages. The long silence underscored Africa’s struggle to fully harness the potential of AI. Organised by Unwanted Witness (UW), a Ugandan civic organisation, in partnership with the Media Institute of…
Charles Muchoki | Africa Guardian In a recent interview with AFP, Djibouti’s Foreign Minister and African Union candidate, Mahamoud Ali Youssouf, expressed concern over the worsening security situation in parts of Africa, which is undermining the continent’s progress. Youssouf emphasized that recent coups and escalating conflicts, coupled with the adverse effects of climate change, are creating significant challenges for…
Edson Baraukwa | Africa Guardian South Africa-born entrepreneur Elon Musk, CEO of Tesla and SpaceX, has seen his net worth soar to over $440 billion (R7.8 trillion), according to the Bloomberg Billionaires Index. This milestone cements Musk as the world’s richest individual and places his fortune above South Africa’s Gross Domestic Product (GDP), which stood at $377.78 billion in…
Elizabeth Antidius Shumbusho | Africa Guardian Bank of Africa (BOA)-Ghana, a member of the BMCE Group, has reopened its Abossey Okai branch, reaffirming its commitment to financial inclusivity and providing trusted commercial banking services. The branch aims to support the vibrant business enclave and surrounding communities, including Kaneshie, Agbogbloshie, Zongo, Korle-Gonno, Chorkor-Mamprobi, and Laterbiokorshie. Strategically located near the Laterbiokorshie…
Our Correspondent | Africa Guardian Palo Alto-based WindBorne Systems is harnessing artificial intelligence and weather balloons to tackle one of Africa’s most critical challenges: unreliable weather forecasting. With the support of the Gates Foundation, the startup is transforming agricultural decision-making, boosting food security, and addressing climate change impacts across the continent. The ChallengeAfrica’s agricultural sector, which sustains over half…
Our Correspondent | Africa Guardian German President Frank-Walter Steinmeier is set to begin a four-day tour of Africa on Wednesday, with visits to Nigeria, South Africa, and Lesotho. His journey will kick off in Abuja, where he is scheduled to meet with Omar Touray, President of the Economic Community of West African States (ECOWAS), before receiving an official welcome…
Elizabeth Antidius Shumbusho | Africa Guardian An increasing number of African nations are seeking to join the BRICS group, signaling a strategic shift to bolster their global influence and unlock new economic opportunities, experts say. Ethiopia and Egypt have recently joined the group, and Kenya’s President William Ruto has also expressed interest in becoming a member. Analysts suggest that…
Charles Muchoki | Africa Guardian Tayo Aina’s rise from a Lagos Uber driver to a globally recognized travel ambassador is nothing short of inspiring. Known to his growing audience as “The African Discovering the World,” Aina exemplifies the power of persistence, authenticity, and the transformative impact of digital storytelling. A Humble Beginning Aina’s story began on the bustling streets…
Roosevelt Ogbonna Named AFIS African Banker of the Year Edson Baraukwa | Africa Guardian Access Bank’s CEO, Roosevelt Ogbonna, emerged as the African Banker of the Year during the Africa Financial Summit (AFIS), held in Casablanca on December 9-10. This recognition highlights Ogbonna’s pivotal role in steering Access Bank towards becoming one of Africa’s top five banking giants. A…
Our Correspondent | Africa Guardian In an exclusive interview with Business Insider Africa, Satoshi Shinada, Co-founder and Director of Kepple Africa Ventures Inc., delves into Africa’s venture capital landscape, comparing it with other regions and outlining his investment philosophy for African startups. Challenges in Africa’s Venture Capital Landscape Africa’s venture capital scene has faced turbulence in recent years. In…
Our Correspondent | Africa Guardian On November 13, 2024, UNESCO’s World Heritage Centre celebrated the online launch of Phase 3 of the Mentorship Programme for African Heritage Professionals. The event, attended by over 100 participants, introduced 20 new mentees into the program, advancing its mission to cultivate a new generation of African heritage experts. Opening the EventMr. Lazare Eloundou-Assomo,…
Edson Baraukwa | Africa Guardian Raila Odinga is ramping up his campaign for the African Union Commission (AUC) Chairperson position ahead of the election in February 2025, set to take place during the 38th AU Summit of Heads of State in Addis Ababa, Ethiopia. His recent diplomatic efforts follow a visit to Eritrea, where he was hosted by President…
Charles Muchoki | Africa Guardian Eight trailblazing female founders took center stage at the 11th annual Africa Early Stage Investor Summit (AESIS2024), captivating over 300 investors, ecosystem leaders, and delegates during the highly anticipated Deal Morning. Representing the VC4A Venture Showcase – She Wins Africa edition, these founders presented transformative solutions addressing critical challenges in agriculture, fintech, e-commerce, and…
Edson Baraukwa | Africa Guardian The proposed UN Tax Convention is poised to play a transformative role in Tanzania and across Africa, offering a platform for fairer tax agreements and greater accountability in industries like natural resources and extractives. This sentiment was echoed during a recent breakfast meeting in Dar es Salaam organized by the Policy Forum, the Norwegian…
Our Correspondent | Africa Guardian At the recently concluded Essence of Africa event in Nairobi, tourism industry experts called for sustainable tourism models led by Africans to drive genuine economic and environmental progress. The event, moderated by Jan Hutton, CEO of Australian Tourism Data Warehouse, provided a solutions-focused platform to address key challenges in Africa’s tourism sector. Rethinking Community…
Charles Muchoki | Africa Guardian Namibia’s peculiar panhandle-shaped border, known as the Caprivi Strip, traces its origins to an unusual colonial agreement between Britain and Germany in the late 19th century. At the time, European powers carved up Africa into colonies, often creating borders with little regard for geography or practicality. Germany faced a logistical challenge connecting its colonies:…
Edson Baraukwa | Africa Guardian Migingo Island, a half-acre patch of land on Lake Victoria’s northeastern side, is one of the most densely populated areas in the world, with 1,000 inhabitants packed into its football-pitch-sized territory. Straddling the border between Uganda and Kenya, the island has been the subject of decades-long territorial disputes but is now co-managed by both…
Elizabeth Antidius Shumbusho | Africa Guardian Africa is emerging as a prime investment destination for the global energy transition, driven by its abundant reserves of critical minerals, according to Akinwumi Adesina, President of the African Development Bank (AfDB) Group. Speaking at the Africa Investment Forum (AIF) Market Days on December 4 in Rabat, Morocco, Adesina highlighted the continent’s pivotal…
Charles Muchoki | Africa Guardian President Joe Biden’s long-awaited trip to Angola, part of his final international tour as president, faced a series of challenges befitting the tumultuous backdrop of his administration. Initially postponed twice—first due to Middle East conflicts in 2023 and then catastrophic hurricanes in 2024—the visit finally materialized under stormy skies, both literal and political. A…
Edson Baraukwa | Africa Guardian Summary : France’s Alleged Nuclear Testing Plans in Central Africa Republic Spark Global Outrage A leaked document, purportedly from the French Ministry of Armed Forces, has triggered widespread condemnation over claims that France may use the Central African Republic (CAR) as a site for nuclear weapons testing. The document, dated November 19, 2024, allegedly…
Edson Baraukwa | Africa Guardian The International Finance Corporation (IFC) has committed a historic $14.2 billion in investments across Africa in the 2024 fiscal year, marking a 23% increase from the previous year. This record investment is aimed at boosting growth in critical sectors such as clean energy, manufacturing, digital connectivity, agriculture, small businesses, and trade, with a particular…
Elizabeth Antidius Shumbusho | Africa Guardian SpaceX’s Starlink internet service is rapidly reshaping Africa’s telecommunications landscape by offering faster connectivity and reaching underserved rural areas. While it plays a positive role in providing vital services like telemedicine and digital education, its limited local involvement, regulatory hurdles, and business practices raise concerns. In less than two years, Starlink, SpaceX’s satellite…
Are Africa’s Sovereign Credit Ratings Hindering Economic Growth? Our Correspondent | Africa Guardian Sovereign credit ratings play a pivotal role in determining a country’s cost of borrowing and access to global capital markets. The “Big Three” credit rating agencies—Standard & Poor’s, Moody’s, and Fitch—assign these ratings, influencing everything from government borrowing costs to economic activity across sectors. However, questions…
Edson Baraukwa | Africa Guardian President Joe Biden pledged an additional $600 million for the Lobito Corridor rail project on the final day of his historic visit to Angola, marking a significant milestone in U.S.-Africa relations. Speaking to African leaders, Biden emphasized the continent’s potential, declaring, “Africa is the future.” The Lobito Corridor, a multi-nation rail project, is set…
Charles Muchoki | Africa Guardian Olanrewaju Babalola, a business consultant with the Nebraska Business Development Center, is championing entrepreneurial empowerment for African youth, highlighting skill development as a cornerstone for economic resilience. Speaking at the Global Finance and Entrepreneurship Bootcamp, hosted by Bold Money College in Nigeria on December 2, 2024, Babalola unveiled his vision in a presentation titled…
Edson Baraukwa | Africa Guardian The High Commission of India in Tanzania has highlighted the transformative potential of Artificial Intelligence (AI) in narrowing Africa’s digital divide and equipping diplomats with advanced tools to navigate global complexities. During a special reception and talk on AI in Diplomacy held in Dar es Salaam, Indian High Commissioner Bishwadip Dey underscored AI’s growing…
Our Correspondent | Africa Guardian The Africa Energy Bank (AEB), set to begin operations by March 2025, marks a major milestone in Africa’s journey toward energy self-sufficiency. Launched by the African Export-Import Bank (Afreximbank) in partnership with the African Petroleum Producers’ Organization (APPO), the AEB is poised to empower African nations to take control of their energy future. The…
Elizabeth Antidius Shumbusho | Africa Guardian For decades, access to financial services in Africa was marked by stark disparities—between rural and urban areas, men and women, and small businesses versus larger enterprises. These gaps left millions, particularly the continent’s most vulnerable, excluded from the formal economy, stifling entrepreneurship, limiting credit access, and restricting financial mobility. However, the tides began…
Edson Baraukwa | Africa Guardian Nigerian music icon Davido has highlighted the pivotal role of entertainment in reshaping global perceptions of Africa. In a recent interview, the Afrobeats star reflected on his experiences growing up in an all-white community in the United States, where he encountered widespread ignorance about his African roots. “I’ve said this a hundred times: as…
Charles Muchoki | Africa Guardian The African Development Bank (AfDB) has pledged significant financial support to Morocco, earmarking $1 billion to bolster its preparations for the 2030 FIFA World Cup. This includes a recently signed agreement for a €350 million ($370 million) loan to enhance economic governance, expand water supplies, and establish an industrial zone at the Nador West…
Africa’s Coldest Country of Snow, Glaciers, and Subzero Temperatures Elizabeth Antidius Shumbusho | Africa Guardian When picturing Africa, snow-covered landscapes likely aren’t the first thing that comes to mind. Yet, in certain parts of the continent, snow is not just a rare occurrence—it’s a defining feature. Among these unique locations, Lesotho stands out as Africa’s coldest country, where temperatures…
Edson Baraukwa | Africa Guardian For the first time, Africa has taken a seat as a full member of the G20, marking a transformative step in the continent’s pursuit of global influence. The 2024 G20 Summit, held in Rio de Janeiro, Brazil, on November 18–19, provided a platform for African leaders to push for urgent reforms in global finance…
Charles Muchoki | Africa Guardian The stage is set for the 2025 Africa Cup of Nations (AFCON), with all 24 teams officially qualified for the highly anticipated tournament. Here’s everything you need to know about the qualifiers, standings, and the competition’s next chapter. Qualified Teams Hosts: MoroccoOther Qualifiers: Burkina Faso, Egypt, Algeria, Angola, DR Congo, Cameroon, Senegal, Ivory Coast,…
By Charles Muchoki | Africa Guardian An investigative report by EconomyPost has revealed the operations of Alexander Rudsky, a US-based scammer running fraudulent car auction websites targeting African buyers, particularly in West Africa. Rudsky’s deceptive network includes platforms such as Old Merchant, Quality Assurance Autos (Qa Autos), Salvage King, and Monster Exports. These sites entice buyers with attractive car…
Our Correspondent | Africa Guardian At COP29, African youth emerged as key players in discussions on food systems and climate adaptation. They showcased innovative technologies and shared best practices from their farms and enterprises, highlighting their role in addressing climate shocks. Through diverse sessions attended by global stakeholders, these young climate champions underscored the critical role of youth in…
Edson Baraukwa | Africa Guardian Each year, the Bill & Melinda Gates Foundation allocates around $8.4 billion globally, with plans to increase this to $9 billion in the coming year, making it the largest private philanthropic spender. During Bill Gates’ 2022 visit to Nairobi, he pledged $7 billion to tackle poverty, hunger, and inequality across Africa. This funding supports…
By Charles Muchoki | Africa Guardian For many years, the Philippines has been the go-to destination for business process outsourcing (BPO) due to its skilled, English-speaking workforce, cultural alignment with Western nations, and strong governmental support. However, as companies explore ways to diversify their outsourcing strategies, Africa is quickly emerging as an attractive alternative. Drawing from my experience as…
Africa Surpasses Asia and Europe as Preferred Trade Market By Elizabeth Antidius Shumbusho | Africa Guardian Africa’s intra-continental trade is gaining momentum, driven by easier cross-border transactions, improved quality of locally made goods, and more competitive pricing compared to markets in Asia, the US, and Europe. According to the latest Africa Trade Barometer, African businesses are increasingly opting to…
By Charles Muchoki | Africa Guardian Africa stands at the intersection of a mounting climate crisis and unsustainable debt burdens, necessitating urgent global action. As world leaders convene at COP29 in Baku, discussions about climate finance must include the imperative of debt relief. Without it, even substantial new climate funding risks being undermined, akin to pedaling harder on a…
Measuring Africa’s Green Wealth: Unlocking Natural Capital for Economic Growth By Edson Baraukwa | Africa Guardian Africa holds some of the world’s most significant natural capital reserves, including 40% of global clean energy potential, 65% of uncultivated arable land, 25% of biodiversity, and 20% of tropical rainforests. Despite this abundance, Africa’s natural wealth is undervalued in global economic metrics….
By Elizabeth Antidius Shumbusho | Africa Guardian Spanning an impressive 4,132 miles, the Nile River is the longest in the world, traversing eleven countries across the African continent. From its origins in East Africa to its mouth in Egypt, where it meets the Mediterranean Sea, the Nile has been a lifeline for civilizations for millennia, symbolizing Africa’s history, fertility,…
Our Correspondent | Africa Guardian It’s almost impossible to find a South African adult living in a city or town whose life hasn’t been deeply impacted by access to the internet, data, and digital tools. Whether through personal use or via friends and family, digital connectivity has become a cornerstone of modern life. Yet, it is surprising that one…
By Edson Baraukwa | Africa Guardian United Bank for Africa (UBA) Plc, a leading Pan-African financial institution, is set to establish its second Gulf Region subsidiary in Saudi Arabia, following its successful expansion into the United Arab Emirates in 2022. The new subsidiary, expected to launch within the next year, underscores UBA’s commitment to connecting Africa with the Middle…
Africa Tech Festival 2024: Technology as a Bridge to the Future, Says Alderman James Vos The Africa Tech Festival 2024 concluded on Thursday at the Cape Town International Convention Centre (CTICC), with Alderman James Vos, the City of Cape Town’s mayoral committee member for economic growth, delivering a keynote address. As Africa’s largest tech festival, the event brought together…
By Charles Muchoki | Africa Guardian Marrakech is set to host the 3rd edition of the Africa Business Forum 2024 on November 16-17, providing a platform for collaboration among Africa, Qatar, and global partners. Morocco’s Prime Minister Aziz Akhannouch will preside over the event, with Sheikha Al-Mayassa bint Hamad bin Khalifa Al-Thani, President of Years of Culture, representing Qatar….
Our Correspondent | Africa Guardian AGRA will take center stage at the UN Climate Change Conference (COP29) in Baku, Azerbaijan, starting this week, to advocate for climate-resilient and inclusive food systems in Africa. Central to this initiative is the leadership of seven African youth delegates, representing diverse sectors such as agriculture, environmental activism, innovation, and policy. These young advocates…
By Edson Baraukwa | Africa Guardian A session hosted by the African Women Business Energy Network (AWBEN) during the Women in Energy Roundtable at African Energy Week (AEW): Invest in African Energies 2024 highlighted the critical role of mindset shifts and workplace flexibility in increasing and retaining women’s participation in Africa’s energy industry. Uche Anajemba, Senior Manager of Business…
By Elizabeth Antidius Shumbusho | Africa Guardian Casablanca has secured its position as Africa’s leading financial hub and ranks 52nd globally among the world’s top 115 financial centers for 2025, according to a recent report by CEOWORLD magazine and the Institute of Executive Policy. The rankings, drawn from the IFCI Global Financial Centers Index, highlight Casablanca’s strong financial standing…
Our Correspondent | Africa Guardian Cape Town, AfricaTech Festival – The 2024 Africa Broadband Forum (BBAF 2024) convened successfully in Cape Town under the theme “F5.5G Accelerating All-Optical Connectivity in Africa.” The forum brought together over 150 experts and industry leaders from international organizations, government bodies, and telecom operators to discuss advancing fibre broadband infrastructure and policy in Africa….