By Edson Baraukwa | Africa Guardian At the 2024 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) this week, China strengthened its diplomatic and economic ties with North Africa, announcing a strategic partnership with Libya and a $14 million investment in Egypt. The summit, attended by leaders from over 50 African nations, focused on issues such as climate…
By Elizabeth Antidius Shumbusho | Africa Guardian At the 2024 Forum on China-Africa Cooperation (FOCAC) Summit in Beijing, Chinese President Xi Jinping, Tanzanian President Samia Suluhu Hassan, and Zambian President Hakainde Hichilema signed a significant memorandum of understanding (MoU) to revitalize the Tanzania-Zambia Railway Authority (TAZARA). The agreement was formalized on September 4, marking the beginning of the summit,…
By Edson Baraukwa | Africa Guardian Aliko Dangote, Chairman of Dangote Group, has announced that the Dangote refinery is poised to meet the petrol demands of not only Nigeria but also the entire sub-Saharan region. The refinery, with a production capacity of 650,000 barrels per day, has commenced petrol production. Speaking to the press during a recent inspection of…
Our Correspondent | Africa Guardian China, Tanzania, and Zambia have signed a memorandum of understanding to revitalize the 1,860-kilometer railway connecting Tanzania and Zambia, according to Xinhua news agency. This $1 billion initiative, proposed by Beijing in February, aims to enhance Zambia’s access to global markets. The railway stretches from Dar es Salaam, Tanzania’s port capital, to Kapiri Mposhi…
By Edson Baraukwa | Africa Guardian In a bid to build healthier, more inclusive, sustainable, resilient, and equitable food systems in Africa, AGRA, in collaboration with The Africa Food Systems Forum, has launched the 2024 Africa Agriculture Status Report titled “Harnessing the Private Sector for Food Systems Transformation in Africa” in Kigali, Rwanda. This launch comes amidst concerns that…
By Edson Baraukwa | Africa Guardian On the sidelines of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC), Chinese leaders are engaging in extensive meetings and negotiations with various African leaders. The focus is on expanding cooperation in key sectors such as the digital economy, blue economy (centered on oceanic resources), and green development. Liu Yuxi, the…
By Edson Baraukwa | Africa Guardian Chidimma Adetshina has been named Miss Universe Nigeria, overcoming recent challenges following a controversial attempt to compete in Miss South Africa. The 23-year-old, who was born to a Nigerian father and South African mother in South Africa, faced backlash from some South Africans, including a government minister, due to her dual heritage. This…
By Edson Baraukwa | Africa Guardian President Hussein Ali Mwinyi departed on Saturday for Indonesia to represent President Samia Suluhu Hassan at the second Indonesia Africa Forum (IAF), which will be held from today until September 3, 2024. Themed “Bandung Spirit for Africa’s Agenda 2063,” the forum is hosted in Bali and will feature African leaders from Zimbabwe, Rwanda,…
By Edson Baraukwa | Africa Guardian The 12th Conference on Climate Change and Development in Africa (CCDA-XII) has commenced in Abidjan, gathering a broad coalition of stakeholders to address the pressing climate challenges facing the continent. Held alongside the special meeting of the African Ministerial Conference on the Environment (AMCEN) in preparation for COP 29 in Baku, CCDA-XII aims…
By Edson Baraukwa | Africa Guardian Tanzania’s President Samia Suluhu Hassan is set to officiate the Forum on China-Africa Cooperation (FOCAC) scheduled to take place in Beijing from September 4-6, 2024. She will join fellow African heads of state and government leaders for this significant event. The announcement was made by Tanzania’s Minister for Foreign Affairs and East African…
By Charles Muchoki | Africa Guardian South Africa is poised to see the opening of five new universities over the next decade, comprising two government-funded institutions and three private ones. Government Universities Despite a growing preference for private institutions among prospective students, the South African government is committed to establishing two new universities. Currently, the country has 26 official…
By Elizabeth Antidius Shumbusho | Africa Guardian South African retailer Spar Group is contemplating an offer to acquire West Pack Lifestyle, which is currently undergoing business rescue. As the country’s second-largest grocer by revenue, Spar has expressed ambitions to diversify beyond the food sector and capture a larger share of the South African market. West Pack, known for its…
By Edson Baraukwa | Africa Guardian Botswana recently became the latest Southern African country to launch Starlink’s satellite internet services. This development follows the approval of a local license for Starlink, with Namibian telecom company Paratus signing on as the local reseller. Meanwhile, there is renewed hope that South Africa might eventually license Starlink in the future. However, a…
Story by Emma Brain Save the rhino. That was the overarching goal of a trip I took to South Africa this month, alongside a group of other UAE residents. The species that once roamed the continents of Europe, Asia and Africa now tragically has a global population of about 27,000, the majority of which are in national parks and…
By Charles Muchoki | Africa Guardian In 2023, Chinese lenders committed $4.61 billion in loans to Africa, marking the first annual increase in seven years, according to a study by Boston University’s Global Development Policy Centre. This figure represents a more than three-fold increase from the previous year, highlighting China’s renewed interest in African investments after a significant decline…
By Elizabeth Antidius Shumbusho | Africa Guardian Africa is a continent of immense diversity, encompassing over 50 countries, thousands of languages, and a wide array of ecosystems. Yet, it is often misunderstood, with many misconceptions persisting due to stereotypes, outdated information, or a general lack of knowledge. These misconceptions can lead to negative attitudes and an oversimplified view of…
By Edson Baraukwa | Africa Guardian G7 nations are slowing down the development of gas projects in Africa, much to the frustration of TotalEnergies CEO Patrick Pouyanné, who fears this will hinder the global energy transition. Pouyanné has strongly criticized the West’s “exclusion policy,” which cuts off funding for fossil fuel projects in Africa, warning that such restrictions could…
The second annual Transforming Africa MedTech Conference (TAMC) began today at the Kempinski Hotel in Nairobi, uniting key stakeholders to discuss strategies for advancing medical technology across Africa. The three-day event aims to foster collaboration and leverage MedTech advancements to enhance healthcare outcomes throughout the continent. Wilfred Njagi, Co-Founder and CEO of Villgro Africa, emphasized the need to support…
By Edson Baraukwa | Africa Guardian Dr. Faustine Engelbert Ndugulile has been elected as the new Regional Director for Africa at the World Health Organization (WHO). This significant appointment was announced alongside his continued service to Tanzania. WHO Director-General Tedros Adhanom Ghebreyesus expressed confidence in Dr. Ndugulile’s capabilities, emphasizing the diverse and complex nature of the African region. “The…
By Charles Muchoki | Africa Guardian Starlink, SpaceX’s Low-Earth Orbit (LEO) satellite internet service, has officially launched in Botswana, marking the country as the latest addition to the growing list of African nations where Starlink is operational. Botswana granted an operating license to SpaceX’s Starlink unit, aiming to enhance connectivity in the country, which struggles with high data costs….
Our Correspondent | Africa Guardian President Cyril Ramaphosa emphasized the importance of clear communication and active engagement between the government and business to build trust and ensure that policies reflect on-the-ground realities. Speaking at Business Unity South Africa’s (Busa) Annual General Meeting (AGM) on Wednesday, Ramaphosa reaffirmed the government’s commitment to partnering with Busa to drive economic growth. This…
By Edson Baraukwa | Africa Guardian Former Kenyan Prime Minister Raila Odinga has vowed to push for the creation of an AU Visa to facilitate easier travel across the African continent if elected as the Chairperson of the African Union Commission (AUC). The AU introduced the African passport program in 2018, aimed at removing restrictions on Africans’ freedom to…
By Edson Baraukwa | Africa Guardian Russia is set to start importing cocoa beans directly from Nigeria, with initial deliveries expected between September and October, according to Maksim Petrov, Moscow’s trade representative in Nigeria, as reported by TASS. Russian trading houses, which already export products like frozen fish, alcohol, chocolate, and meat to Nigeria, will handle these new cocoa…
By Elizabeth Antidius Shumbusho | Africa Guardian Wolfpack Information Risk and CyberArk recently hosted an exclusive webinar focusing on the African Union’s Convention on Cyber Security and Personal Data Protection, commonly known as the Malabo Convention. This pivotal event took place on August 22, 2024, and provided essential insights into the impact of this landmark treaty on businesses operating…
By Charles Muchoki | Africa Guardian The Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has expressed disappointment over South Africa’s reluctance to ratify the Pan-African Payment and Settlement System (PAPSS), a move he believes is crucial for reducing trade costs and accelerating economic integration across the continent. PAPSS, developed in partnership with the African…
By Charles Muchoki | Africa Guardian The digital advertising landscape is evolving rapidly, driven by technological advancements and shifting consumer behaviors, according to Burak Akinci, CEO of Ayoba. As the sector transforms, advertisers face several challenges, including fierce competition, evolving algorithms, fragmented audiences, and heightened concerns about data privacy and security. With more businesses vying for online visibility, standing…
By Edson Baraukwa | Africa Guardian Last month marked a historic moment as passenger trains departed from Dar es Salaam, Tanzania, heading towards Dodoma for the first time. This new railway line, part of a $7.6 billion project extending over 1,200 kilometers, was constructed by the Turkish firm Yapi Merkezi, known for its previous projects like the Dubai Metro…
By Charles Muchoki | Africa Guardian Interswitch Group has been announced as the Gold Sponsor for the Africa Fintech Summit (AFTS) 2024, set to take place in Nairobi, Kenya, from September 4-6, 2024. This sponsorship aligns with Interswitch’s ongoing expansion across Africa, marked by significant milestones such as the recent enhancement of its partnership with ACI Worldwide to modernize…
By Edson Baraukwa | Africa Guardian Africa has increasingly become a prime target for cybercriminals. Recent data from Check Point revealed that in the second quarter of 2024, Africa experienced the highest average number of cyberattacks per organization globally, with an alarming average of 2,960 attacks per week. This marks a 37% increase compared to the same period in…
Our Correspondent | Africa Guardian Tanzania has called on African nations to collaborate in finding long-lasting solutions to the continent’s challenges. The country also urged Japanese businesses and investors to deepen their engagement in Africa, contributing to human development and promoting regional and global peace and stability. This call was made by the Deputy Minister for Foreign Affairs and…
By Elizabeth Antidius Shumbusho | Africa Guardian Africa stands on the brink of a technological revolution, powered by a rapidly growing young population eager to adopt digital skills and tools. With a significant portion of its population under the age of 25, as highlighted by recent data from Wikipedia, the continent is uniquely positioned to leverage technology and bypass…
Edited By Charles Muchoki | Africa Guardian Fireblocks, a leading provider of digital asset infrastructure, has announced its collaboration with Yellow Card, a major stablecoin on/off ramp in Africa. This partnership aims to simplify and enhance cross-border cryptocurrency transactions across the continent. The announcement, made on X, highlights the ambitious plan to expand to 14 million wallets through Fireblocks’…
By Edson Baraukwa | Africa Guardian Kenya has expressed gratitude for Japan’s ongoing support in Africa’s infrastructure development and its partnership in advancing socio-economic activities across the continent. Prime Cabinet Secretary Musalia Mudavadi praised Japan’s sustained collaboration with Africa, particularly in crucial areas such as health, education, trade, investment, and climate change. He emphasized the importance of identifying areas…
Edited By Edson Baraukwa | Africa Guardian The upcoming Forum on China-Africa Cooperation (FOCAC), set to take place in Beijing next month, marks the ninth installment of what has become the largest of the “Africa + 1” summits. The last gathering was hosted by Senegal in 2021. Spanning 24 years, FOCAC has emerged as a key platform for South-South…
Edited By Edson Baraukwa | Africa Guardian Margaret Obiageli Olele, CEO and Executive Secretary of the American Business Council (ABC), discussed the Council’s mission, the importance of collaboration in driving economic growth and technological innovation in Nigeria, and more in an interview with Kenneth Athekame. Can you describe the American Business Council’s vision for fostering American business interests in…
Edited by Edson Baraukwa | Africa Guardian Africa’s push for increased representation on the United Nations (UN) Security Council is driven by three key motivations: rectifying historical injustices, recognizing the continent’s role in shaping the modern world, and reinforcing the legitimacy of the UN amidst evolving global threats. Historical Context and Injustice The call for Africa to secure two…
Edited by Charles Muchoki | Africa Guardian Forex trading, or foreign exchange trading, has become an increasingly popular way to potentially grow investments by buying and selling currencies. With a rising interest in global financial markets among South Africans, many are eager to explore forex trading. This guide provides a step-by-step approach to help you get started with forex…
By Edson Baraukwa | Africa Guardian Forbes is set to build Africa’s first hydrogen-powered skyscraper in Egypt, a 50-story tower that marks a significant milestone in hydrogen innovation on the continent. This ambitious project promises to be a catalyst for the development of more sustainable skyscrapers across Africa. Egypt is leading the charge in hydrogen innovation with the introduction…
By Edson Baraukwa | Africa Guardian In today’s world, the global competition for talent and innovation is more intense than ever. Unfortunately, South Africa and other African nations are losing some of their brightest minds and most skilled professionals to the world. This trend is particularly evident in the West, where countries like the United States and major corporations…
Artificial intelligence (AI) and traditional medicine may seem like strange bedfellows but African researchers are harnessing both to advance drug discovery on the continent. Fidele Ntie-Kang, an associate professor of pharmaceutical chemistry at the University of Buea, Cameroon, is spearheading attempts to develop new medicines from Africa’s abundant natural biodiversity, using AI to screen hundreds of natural compounds In…
A handful of large-scale battery storage systems have already been built, or are currently under construction, in Africa. A prominent example is the Kenhardt project built by Norwegian company Scatec, which began supplying electricity to South Africa’s national grid late last year. The scale of Kenhardt makes it an exception, however. Although multiple countries, including Senegal and Mozambique are…
By Edson Baraukwa | Africa Guardian Africa’s vast arable land presents significant opportunities for collaboration between India and Africa in the agriculture sector, according to Vikramjit Singh Sahney of the BRICS AgriBusiness Council. Sahney, who is also a Rajya Sabha member from Punjab, emphasized that Africa could become a key source of pulses, oilseeds, and other agricultural products such…
By Charles Muchoki | Africa Guardian Tanzania will host the 21st African Fine Coffee Conference and Exhibition next year, expected to draw over 2,000 participants. Scheduled for February 26th to 28th, 2025, the event is organized by the African Fine Coffee Association (AFCA) to support the Tanzanian government’s efforts to open up the country. AFCA, a member-based non-profit organization,…
By Edson Baraukwa | Africa Guardian In response to the severe humanitarian crisis in West Africa, the European Union has announced an additional €35 million in humanitarian aid. This funding is aimed at addressing the critical needs of vulnerable populations across the region, which includes countries such as Burkina Faso, Mali, Niger, Mauritania, the Gulf of Guinea coastal nations,…
Trending News | Africa Guardian Online taxi service Bolt has restricted “inter-country” ride requests between Nigeria and South Africa following a spike in social media pranks. Users in both countries began booking and then canceling rides in the other nation, causing drivers to undertake fruitless journeys in search of passengers who were not even in the same country. While…
By Edson Baraukwa | Africa Guardian The success of the Lobito Corridor project hinges on securing adequate financing. This ambitious plan involves constructing a 1,850-km (1,150-mile) railway that will connect the Democratic Republic of Congo (DRC) to the Atlantic Ocean through Angola’s Port of Lobito, with a 500-km extension linking Zambia to the main route. Announced in September 2023,…
By Our Correspondent | Africa Guardian Chinese Vice Foreign Minister Chen Xiaodong stated on Friday that now is “the right time” to deepen cooperation between China and Africa, ahead of the upcoming China-Africa summit in Beijing next month. Speaking at a press conference, Chen emphasized that the meeting should be used to amplify the voice of the Global South…
By Charles Muchoki | Africa Guardian In a world where stories of disasters and escalating food insecurity dominate the headlines, it can be easy to lose hope for positive change. However, through my work on projects that support children and their communities in re-greening their environments, I’ve witnessed remarkable transformations. One of the most impactful methods contributing to this…
By Charles Muchoki | Africa Guardian Lewis Hamilton, the seven-time Formula One world champion, has announced his efforts to bring Formula One back to Africa, revealing behind-the-scenes discussions with Rwanda and South Africa to make it a reality. Speaking ahead of the Dutch Grand Prix, Hamilton emphasized that the time is right for the sport to return to the…
OP|ED In South Africa, a transformative tech startup is redefining the entrepreneurial landscape. ECAfrica, founded by the visionary Taynita Harilal, is revolutionizing the support system for African entrepreneurs through its innovative platform and commitment to social impact. As a PhD candidate in Entrepreneurship, Harilal combines academic insight with practical experience to drive this ambitious venture. Addressing the Challenges Faced…
By Edson Baraukwa | Africa Guardian The African Development Bank (AfDB) has introduced Country Focus Reports (CFRs) aimed at enhancing policy dialogue on the macroeconomic performance and future prospects of individual African nations. These reports are designed to provide strategic guidance on mobilizing private sector investment and leveraging natural capital finance to support the continent’s climate resilience and green…
A recent report by the Economist Intelligence Unit predicts that by 2035, Africa will boast six megacities, each with populations exceeding 10 million, driven by the continent’s rapidly growing young population. Luanda and Dar es Salaam are set to join Cairo, Kinshasa, Lagos, and Greater Johannesburg as megacities, according to the report. These cities will be part of a…
By Charles Muchoki | Africa Guardian Since the invention of the printing press, news agencies have grappled with finding sustainable revenue models. Deodatus Balile, president of the Eastern Africa Editors Society and managing editor of Jamhuri Media in Tanzania, highlighted at the recent INMA News Media Summit that the profitability of news media has always been tied to the…
By Our Correspondent | Africa Guardian In South Africa’s competitive business landscape, finding the right executive talent is a crucial yet challenging task for CEOs and business owners. The right executive can drive growth and innovation, while a poor choice can result in stagnation or decline. Despite its importance, many organizations struggle to attract and retain top executive talent….
By Our Correspondent | Africa Guardian Intra-regional trade among East African Community (EAC) member states is poised for significant growth if the private sector actively promotes the “Buy East African, Build East Africa” initiative. Veronica Nduva, the EAC Secretary General, made this call at a roundtable discussion for chief executives from major companies within the East African Business Council…
By Edson Baraukwa | Africa Guardian Africa’s data centre (DC) market and its evolving digital landscape reflect a dynamic blend of immense potential and significant challenges. As the continent advances toward digital transformation, sustainability in data centre design has become increasingly vital. Africa’s high temperatures require additional cooling, making access to renewable energy crucial, especially for multinational hyperscale providers….
By Edson Baraukwa | Africa Guardian In an increasingly interconnected world, the pursuit of sustainable development is critical for societies everywhere. Africa, with its diverse ecosystems, rapid urbanization, and growing population, faces unique challenges and opportunities on its journey toward sustainability. Achieving this goal will require collaboration, the exchange of knowledge and expertise, forward-thinking strategies, and the implementation of…
By Edson Baraukwa | Africa Guardian Africa is a continent rich in diverse and resilient crops, ranging from millet, teff, and sorghum to cassava, cowpea, and sweet potato. These crops have the potential to produce a variety of products—from baby food to bread and even beer. However, the continent’s underdeveloped food processing sector is a major barrier to fully…
By Our Correspondent | Africa Guardian India and Africa are entering a dynamic new phase in their relationship. Anil Sooklal, the newly appointed High Commissioner of South Africa to India, has been a vocal advocate for the burgeoning ties between the two regions. In a recent speech, he highlighted the “special relationship” shared by India and Africa, emphasizing its…
Lewis Hamilton has spoken out over the plight of refugees and displaced people in Africa, decrying the lack of empathy toward them in the UK. He pledged to consider what he could do to support them after an emotional visit to the continent during the Formula One summer break. Hamilton was speaking before this weekend’s Dutch Grand Prix, the first…
A business incubation centre will be established in Seychelles next year through a virtual signing of a memorandum of understanding between the COMESA Federation of Women in Business (COMFWB) Seychelles Chapter and the Kenya Industrial Research and Development Institute (KIRDI). The agreement, signed on Wednesday, proposes a partnership to deliver business incubation and apprenticeship programme for young men and…
The newly established Sub-Saharan Africa Safety Advisory Council is a part of TikTok’s global network of advisory councils, designed to provide expert insights on a range of safety issues. TikTok has announced significant strides in enhancing safety across its platform in Sub-Saharan Africa with the launch of its first Safety Advisory Council for the region and the expansion of…
15th Africa Bank 4.0 Summit – West Africa2nd & 3rd of October 2024La Palm Royal Beach Hotel, Accra – Ghana #africabanksummit Event Link: https://www.biiafricabanksummit.comEvent Registration: https://www.biiafricabanksummit.com/register/Download Event Agenda: https://www.biiafricabanksummit.com/download-agenda/ The 15th Africa Bank 4.0 Summit – West Africa is an international gathering that brings together key stakeholders in the banking and financial industry to explore the latest trends, innovations,…
Over one thousand delegates are slated to attend the Africa Smart and Sustainable Cities Investment Summit 2024 in Kenya’s capital Nairobi next month. With a total of 99 speakers drawn from over 30 countries, the summit (25-27 September) is also expected to attract about 30 exhibitors and more than 18 ministers and mayors according to organisers. It should be…
Story by Taryn White The multibillion-dollar safari tourism industry is overwhelmingly controlled by foreign nationals and corporations. I recently embarked on an exciting adventure in Tanzania’s famed Serengeti, where I learned there’s no better place to witness the intricate harmony of nature’s ecosystems than on an African safari. And while the Serengeti boasts a stunning array of roughly 150…
Story by editor@republicworld.com (Press Trust Of India) Africa’s natural resources, demographic advantage and growing economic integration through the African Continental Free Trade Area make it an attractive destination for investments, Vice President Jagdeep Dhankhar said on Wednesday. He also said that India’s new-age digital technologies and its space programme offer mutual benefits for African countries to increase cooperation with…
by Ernest Akorebirungi Remember the seven Uganda Rugby Cranes players who spent three months in South Africa undertaking a high-performance program with Blue Bulls Rugby Club in preparation for the 2024 men’s Rugby Africa Cup? They were attached to Harlequin Rugby Club and played in the Carlton Cup before returning home for the Africa Cup in July. Quins and…
Kenya led the medals’ haul from Africa with 11 medals, including four gold • Stephen Granger takes a closer look at Africa’s performances in Paris 2024 Games • He also maps out the continent’s journey toward the 2028 Olympics in Los Angeles For a little over two weeks, hundreds of thousands of Paris-based spectators and billions globally were treated…
Over the past decade, I have had the privilege of developing over 110,000 African talents, and what I have seen is nothing short of remarkable. Africa is on the cusp of a major transformation, and its talent pool is not just ready, but perfectly positioned to power the global economy. As international investors look to tap into new markets…
By Our Correspondent | Africa Guardian As Africa steps into the digital era, the expansion of data centres (DCs) is pivotal to its technological progress. These centres are crucial for sustaining global commerce and connectivity, facilitating cloud services, e-commerce, and seamless communication. However, several obstacles hinder their growth, and addressing these challenges strategically is vital for accelerating Africa’s digital…
Another new season, and another opportunity for Africa’s most eye-catching players to prove their quality across the world’s biggest leagues. From household names to exciting up-and-comers, here are seven African stars to keep tabs on across ESPN Africa and beyond during 2024-25. Tolu Arokodare (Belgium Pro League) Gift Orban may have departed the Jupiler Pro League — which is…
• The two global powers are aggressively entering the emerging African nuclear energy market with custom solutions • They’re offering knowledge transfer skills and educational partnerships to countries with nuclear power ambitions The United States and Russia are looking to increase their influence in the nascent African nuclear energy market as more African countries seek to pursue power generation from…
Blockchain Currency, created in 2009 by an anonymous entity known as Satoshi Nakamoto, introduced the world to a decentralized form of currency As more aspects of our lives move online, the need for robust security measures becomes increasingly critical. Among the numerous innovations in digital security, Blockchain Currency stands out not only as a pioneer in the world of…
By Juste Hlannon (in Cotonou) INTERVIEW: Cardinal Jean-Claude Hollerich of Luxembourg, a member of the pope’s Council of Cardinals, visited Benin August 17-19. During his stay, he participated in the 70th national Marian pilgrimage at the Our Lady of Arigbo Sanctuary of Peace and Unity in Dassa-Zoumè. La Croix International: Why did you agree to participate in this Marian…
By Xinhua News, Agency 2024 FOCAC Summit The 2024 summit of the Forum on China-Africa Cooperation (FOCAC) will be held in the Chinese capital city of Beijing from Sept. 4 to 6. The summit is expected to include the participation of African heads of state, as well as representatives from regional and international African organizations involved in summit-related activities….
By Xinhua News , Agency A South African scholar has launched a new book that outlines the success of the Forum on China-Africa Cooperation and Chinese President Xi Jinping’s contribution to its growth ahead of the forum’s summit next month. The book, titled Xi Jinping and the Flourishing Forum on China-Africa Cooperation in the New Era, was launched by…
By Chisom Michael Africa plays a crucial role in the global oil market, with the continent holding a significant portion of the world’s proven oil reserves. Africa’s oil reserves represent approximately 7.5% of the global total, serving as an essential energy source for both the continent and international markets. The oil industry is a key component of economic growth…
By Richard Ogunsile It is no longer news that the continent of Africa boasts of rich tapestry of cultures, vast natural resources, and a vibrant, youthful population. Yet, despite its immense potential, Africa continues to face significant challenges in its development. It is no longer news that the continent of Africa boasts of rich tapestry of cultures, vast natural…
By Luca Vignati Africa is a continent with a growing economy demanding sustainable development for its millions of inhabitants. This is particularly true as it is such a “young continent” in terms of population age. At the same time, the continent is blessed with multiple energy opportunities to fuel this transition phase – from oil to gas to renewables, such…
With geopolitical confrontation and tensions deepening, the key global players are swiftly turning their focus on Africa. In practical terms, African leaders are also making strategic choices based on their development paradigms. These leaders are forced to work on their election campaign promises, especially those relating to economic development and set comprehensive targets for improving performance. After the presidential…
Africa’s premier youth entrepreneurship initiative the Anzisha Prize this month announced the 2024 Prize winners at their annual Entrepreneurship Education in Africa Awards (EEA) gala event held in Johannesburg, South Africa. The overall winners were Mathias Yabe, Nzinga Antonio, Sharon Alyorneku and Ivo Bonfirm. Each prize, while distinct recognises the ability of the winners to successfully transform their business. Not…
In Central and West Africa (CWA) region, young people are at the forefront of many transformative initiatives. Their creativity and resilience are evident in various fields, from technology, entrepreneurship to environmental conservation. International Youth Day offers an opportunity to recognise and celebrate these contributions, while also addressing the barriers that still need to be overcome. The 2024 theme, “From…
SOME unpredicted gatherings come up in the nick of time when something massive is indeed happening, with such consultations helping to unlock a riddle relating to a rise in havoc or chaos in African economies and the continent’s political landscape. Those who have been friends some major power don’t have much to show for, as major economic powers have…
During a press conference, David Shaw, Senior Vice President of the American MMA promotion UFC, addressed inquiries about when the organization plans to hold a tournament in Africa. According to Shaw, the timing will depend on the approval of UFC President Dana White. Should White give the green light, the organization will begin planning the event immediately. However, Shaw…
Written by Abbey Makoe AFRICA’S role, or lack thereof, came into sharp focus when the UN General Assembly debated under-representation of the continent in the global governance system, particularly at the UN Security Council. The debate, which took place at the beginning of the week, was called by Sierra Leone, whose leader, President Julius Maada Bio, made a compelling…
“Tonight Africa won regardless,” said a victorious Dricus du Plessis after submitting Israel Adesanya to retain his middleweight title at UFC (Ultimate Fighting Championship) 305 in Perth, Australia, on Sunday. In its 31-year history, UFC has become one of the most popular sporting tickets in town. But the build-up to this contest highlighted a part of the world that…
Demographic trends define Africa as the world’s fastest-growing region, with its population potentially doubling by 2050. As the continent achieves significant progress in the control of infectious diseases, the rise of non-communicable conditions, in parallel with the possibility of emerging pandemic pathogens, is adding more pressure to already strained healthcare systems and posing challenges to continental development ambitions. According…
Tanzania ranks second in tobacco production in Africa after Zimbabwe. TANZANIA is the second main tobacco producer in Africa after Zimbabwe, a milestone achieved following President Samia Suluhu Hassan’s decision to change policies and attract investments while enabling farmers to access inputs. Agriculture minister Hussein Bashe made this observation here yesterday in remarks to welcome President Samia to place…
British Airways’ first flight from London Gatwick to Accra touched down at Kotoka International Airport yesterday at 18.26 local time. By Matt Pole The inaugural service received a warm West African welcome as it taxied to stand, with dancers, drummers and a VIP delegation, including the British High Commissioner to Ghana, Harriet Thompson, greeting customers as they…
Kenya is to end visa requirements to all African visitors by the end of the year, President William Ruto has said. “It is time we… realise that having visa restrictions amongst ourselves is working against us,” he told an international conference. Visa-free travel within the continent has been a goal of the African Union (AU) for the past decade….
DAR ES SALAAM: FORMER President Jakaya Kikwete has joined other famous figures across the world to congratulate Speaker Dr Tulia Ackson for being elected as the President of the global Inter – Parliamentary Union (IPU). Dr Tulia’s victory makes her the 31st president of the IPU and the first woman from the African continent to hold the position. With…
TANZANIA: German president Frank-Walter Steinmeier , is expected in Tanzania on Monday, ready to begin his three-day official visit. President Steinmeier will be accompanied by a delegation of business leaders from top German companies who will participate in a Business Forum with their Tanzanian counterparts and officials in Dar es Salaam on 31st October,2023. President Steinmeier will hold official talks…
President William Ruto has called on African leaders to accelerate the realisation of the Africa Continental Free Trade Area (AfCFTA) agreement. The President said AfCFTA will increase intra-Africa trade thereby creating jobs and wealth for the people. President Ruto noted that Visa restrictions between African countries and tariffs are unnecessary hindrances to trade. “It is time we realise the…
The City of Kigali will, from November 23 to 24, witness the celebration of top entrepreneurs competing in real-time for the 2023 Africa’s Business Heroes (ABH) prize competition, and their share of $1.5 million in unrestricted grant funding. The competition, now in its fifth year, is sponsored by the Jack Ma Foundation and Alibaba Philanthropy to shine a spotlight…
TANZANIA’s Government is currently attracting more investors thanks to deliberate efforts to improve business environment. According to a Dubai-based Surfaces Furnishing Group Managing Director, Mr Rashid Yousif, the move has propel the flow of foreign direct investment to Tanzania. “Tanzania has simplified its business procedures, making it easy for investors to inject their capital in key and strategic investment…
Story by Nadia Colombe Gbane In this week’s episode of Business Africa, Can Africa fund its economic development? Africa stands at a pivotal crossroads, grappling with political instability, climate change, and the urgent need for economic development. With a youthful population, the continent is becoming an attractive consumer market, drawing attention from supply chains worldwide. Amid these issues, one…
A high-level roundtable discussion at the 2023 edition of African Energy Week (AEW) highlighted how the U.S. and African countries can continue to partner across technology, policy and investment. The session began by delving into the U.S.’ relationship with Equatorial Guinea – in which it is the largest single foreign investor – and emphasized the need to identify bankable…
The China-proposed Belt and Road Initiative is a vast, ambitious infrastructure and economic development project spanning across continents. As for China-Africa Belt and Road cooperation, one of its most significant and promising facets is its emphasis on green infrastructure projects, renewable energy development, and ecological conservation measures. At a time when the world is grappling with environmental challenges, Sino-African…
Story by Reuters Africa is now realising its potential and capacity, with the formerly side-lined continent harnessing its demographic dividend and natural resources and becoming an economic, political and social powerhouse, Ethiopian Prime Minister Abiy Ahmed said on Wednesday. The African continent has particularly suffered the consequences of the climate crisis and conflict in other parts of the world,…
Privatizing extension systems can catalyze and sustain the momentum of food system transformation in Africa. By Japhet Laizer Agriculture in Africa has the potential to satisfy not only its own domestic food but also those of the rest of the world. Agriculture remains one of the driving engine sectors for the continent, empowering most of the population and accounting…