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Tag: Africa
African countries divided over Israel-Hamas conflict
African nations have been divided over which side to support in the conflict between Israel and Hamas, but African leaders have still unanimously called on ... Read More
As G20 member, Africa can help solve world’s critical mineral challenge
Against the backdrop of the African Union (AU) becoming a permanent member of the Group of Twenty (G20), responsible mining in the region, encapsulated in ... Read More
Africa’s coups epidemic hampers trade, takes heavy toll on AfCFTA
The recent military coups in Gabon and Niger, and claims of a military takeover attempt in Congo Brazzaville, show that the contagion may continue to ... Read More
IFM Chief urges African countries to embrace green transition in face of climate change
Kristalina Georgieva, the Director of International Monetary Fund (IMF) called on Africa on Thursday to turn to green energy and to accelerate their transition to ... Read More
Africa to have stronger voice in IMF, as WB warns African central banks against risky monetary initiatives
The International Monetary Fund (IMF) has announced that sub-Saharan Africa will be allocated a third seat on the global lender's executive board, while the World ... Read More
Sub-Saharan Africa faces ‘lost decade’, its growth weighed down by continent’s heavyweights — World Bank
Economic growth in Sub-Saharan Africa is expected to decelerate this year by slumps in economic powerhouses South Africa, Nigeria and Angola, the World Bank has ... Read More
China’s modernization success inspires African countries to seek independent development paths
More and more African countries seem to have taken inspiration from China’s unique economic development over the past decades and try to follow the development ... Read More
WB supports girls & women empowerment in Africa with $365 Mln funding
The World Bank Board has approved $365 million in International Development Association (IDA) financing to increase girls’ and women’s access to learning, economic opportunities, and ... Read More
UAE flexes its climate finance muscles to contribute to Africa’s green energy transition
As the United Arab Emirates (UAE) prepares to host the COP28 climate summit from 30 November to 12 December, the Gulf state has made a ... Read More
Coup contagion fears threaten new investment, ratchet up interest rates in Africa — experts
The apparent coup trend in Africa, creating a belt of countries that now stretches from the Atlantic Ocean to the Indian Ocean, is adding to ... Read More