Africa Matters

Africa’s Rapid Urbanization to Create Six Megacities by 2035

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…

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Egypt Cuts Power to Ease Loads During Heatwave

Egypt will face regular power cuts until the middle of next week as the government limits consumption of gas during a heatwave, the cabinet said on Wednesday. Residents have reported power cuts in several areas in Cairo this week as temperatures have risen above 40 degrees during a heatwave that has affected southern Europe and North Africa and coincided…

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UN Global Compact launches Africa Business Leaders Coalition

Convened by the UN Global Compact, Chief Executive Officers from across Africa announced the launch of the Africa Business Leaders Coalition (ABLC).  The Coalition will provide a platform for African business leaders to have a unified private sector voice as they actively and meaningfully engage to work on the continent’s most pressing issues through an organized, forward-looking, principles-based approach. The…

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