Tag Archives: africa

Abidjan, Ivory Coast | THE INDEPENDENT |   The African Development Bank (AfDB), through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument designed to provide up to 100% cover for non-payment risk to regional and international banks, for trade transactions initiated by local banks in Africa. The …

But experts says number of jabs too small for populations battling third wave Kampala, Uganda | RONALD MUSOKE | Following recent calls from African leaders to manufacturers and rich countries to ensure equity in distribution of the desperately needed COVID-19 vaccines, the World Health Organisation (WHO) Africa Region Office has …

Less than two percent of global vaccines have been administered in Africa Beijing, China | Xinhua | Only 0.9 percent of the population in low-income countries has received at least one dose of the COVID-19 vaccine, according to a report on global COVID-19 vaccines. Released by the Boao Forum for Asia …

  OPINION | JOHN OMO | Although Africa has proven its potential as a fast rising home to brilliant innovations, many innovators in the continent are struggling. Opportunities are hard to come by, and resource allocation to what could be viable trend-shifting ideas, is a mirage. Even worse, some of …

Huawei harnessing renewable energy with smart PV solution Nairobi, Kenya | Xinhua | Chinese telecoms firm Huawei will be on the frontline of powering the green energy revolution in Africa through provision of digital enablers, an executive said on Monday. Huang Su, director of Huawei Southern Africa Digital Power Business, said …

How Africa’s most successful economy has produced a political crisis that may tear it apart THE LAST WORD | ANDREW M. MWENDA | It is eight months now since the armed conflict between the Ethiopian government and the Tigrayan People’s Liberation Front (TPLF), began. Initially, government troops, supported by Eritrean …

Brazzaville, Congo | Xinhua | Africa’s third wave of COVID-19 pandemic is at a crossroads, a World Health Organization (WHO) official said on Thursday at an online press conference. As the rate of new cases fell by less than two percent over the past week, driven by a sharp drop in …

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank, has received a set of strong credit rating affirmations and “Positive” outlooks from Moody’s, Fitch Ratings, and GCR Ratings, underlining its resilient financial position and performance. The ratings reinforce the Bank’s access to capital at a competitive cost, ensuring …

Johannesburg, South Africa | Xinhua | The civil unrest characterized by looting and burning of property was planned and coordinated, President Cyril Ramaphosa said on Friday during his visit to KwaZulu-Natal (KZN). “Our intelligence services and our police have now got a line of sight of what was actually happening …

Nairobi, Kenya | Xinhua | Africa’s COVID-19 deaths that have spiked by more than 40 percent in the recent weeks are a testimony of the severity of a third wave currently sweeping across the continent, a World Health Organization (WHO) official said on Thursday. Matshidiso Moeti, WHO regional director for Africa, …