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Tag Archives: africa

China needs to align investments with Africa’s energy transition goals – new study

China should focus more on availing  more capital for African electrification projects and renewable energy technologies ANALYSIS | RONALD MUSOKE | China should now focus its economic engagement with Africa towards supporting the continent’s energy access and energy transition objectives, recommends a new study by Boston University’s Global Development Policy Centre …

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World Bank: African economies projected to grow by 3.4 % in 2024

However, the growth is insufficient to have a significant effect on poverty reduction ANALYSIS | AGENCIES | Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters, and escalating …

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Ukraine opens embassy in Cote d’Ivoire

ABIDJAN | Xinhua | Ukraine on Thursday inaugurated an embassy in Abidjan, Cote d’Ivoire, in an attempt to expand its diplomatic presence in Africa. “The opening of the embassy in Cote d’Ivoire, a country rightly considered one of the leaders in the West African region, is explained above all by …

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Solar Geoengineering is a dangerous distraction

Africans see how their continent is being used as a testing ground for these dangerous technologies COMMENT | YACOB MULUGETTA, DEAN BHEKUMUZI & NICLAS HALLSTROM | At the most recent United Nations Environment Assembly (UNEA), held in Nairobi, African countries took a strong stand against potential new technologies that, if developed, …

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Afreximbank’s net earnings surge to US$1.4 billion

The bank also marked its 30th anniversary, celebrating three decades of dedication to financing and fostering trade across Africa Kampala, Uganda | THE INDEPENDENT | Africa’s multilateral lender, African Export-Import Bank has recorded a significant leap in its financial performance for the year ended Dec.31, 2023, with net interest income soaring …

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