The African Continental Free Trade Area (AfCTFA) is the world’s largest single market by geography and population. It is expected to grow to 1.7 billion people and 6.7 trillion US dollars by 2030. Here is a list of the top ten countries already taking advantage of trade with their neighbours. …
Read More »Climate Change and Africa’s debt crisis
A policy brief by 3 top economists warns continent is in the worst crisis in 80 years ANALYSIS | RONALD MUSOKE | Africa has long struggled with a silent debt crisis, one that has exacerbated its vulnerability to climate shocks and constrained its economic potential. It is time to give voice …
Read More »Africa airlines set to double fleet size on travel demand, says Boeing
Stronger air travel demand in Africa will drive a massive surge in aircraft orders, with Boeing forecasting that 82% of new purchases will be for expansion, not replacement. SPECIAL REPORT | BIRD AGENCY | Africa’s aviation industry is set for takeoff, with rising demand for travel on the continent pushing …
Read More »China, EU, Africa seek green cooperation using bamboo instead of plastic
BRUSSELS | Xinhua | A forum on green industry cooperation between China, the European Union (EU), and Africa has underscored opportunities for technological collaboration and sustainable practices, particularly the use of bamboo as an alternative to plastic. The forum, co-hosted on Thursday by the Chinese Mission to the EU and …
Read More »Officials commend China’s support for public health in Africa
ADDIS ABABA | Xinhua | The robust China-Africa partnership has made significant strides in improving public health outcomes in Africa, according to a senior Africa Centers for Disease Control and Prevention (Africa CDC) official. “Over the years, China has consistently demonstrated its commitment to Africa’s health security, most notably through …
Read More »Why mobile payment is booming in Africa
NAIROBI, KENYA | Xinhua | On the bustling streets of Nairobi, the green glow of the M-Pesa (a mobile money platform) logo is inescapable, from high-end hotels to street vendors. In some tourist hotspots, signs declaring “No Cash” highlight a striking shift: over 90 percent of adults in the East …
Read More »Rethinking Foreign Funding for Africa
African countries’ large and growing debt burdens have become a major obstacle to poverty reduction COMMENT | KENNETH ROGOFF | How long can the complacent West continue to ignore Africa’s sovereign-debt crisis? As African countries grapple with unsustainable debt burdens, restructuring negotiations with Western governments and multilateral institutions such as …
Read More »Africa’s food security depends on adaptive crops
Africans are increasingly reliant on the small number of staple crops that dominate global agriculture, despite the nutritional and environmental benefits of indigenous crops such as millet, sorghum and teff, COMMENT | AGNES KALIBATA & FOWLER | Africa’s food systems are facing myriad challenges, from climate shocks and low productivity …
Read More »Kenya Airways urges consolidation of African airlines to cut intra-continental travel costs
NAIROBI | Xinhua | Kenya Airways, the country’s flag carrier, said on Friday that the consolidation of airlines on the continent will help reduce the cost of intra-African air travel. Allan Kilavuka, chief executive officer of Kenya Airways, said in the Kenyan capital of Nairobi that travel within Africa …
Read More »UN Security Council: African states face hurdles and dangers in getting permanent seats
The emergence of a new world order produces stresses and strains COMMENT | ANTHONI VAN NIEUWKERK | There is growing global consensus among the members of the United Nations that the UN Security Council, responsible for maintaining international peace and security, requires reform or restructuring to reflect the current balance of …
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