Paul Kagame reveals plans to retire

Rwanda’s longtime leader Paul Kagame announced Wednesday discussion within ruling party to find his successor as man who has been lately re-elected as chair of the party in power says his retirement as inevitable. The 65-year old strongman who has been leading the eastern African country for 23 years made the announcement during a joint […]

UN strips South Sudan, Equatorial Guinea, Gabon of rights to vote over arrears

The United Nations has repealed rights to vote of six countries including South Sudan, Equatorial Guinea and Gabon over arrears on dues to operating budget of the global organization. The three African countries, in addition to Dominica, Venezuela and Lebanon, have lost their rights to vote per charter of the organization. Members whose arrears equal […]

Trade barriers removal will unleash AfCFTA and unlock Africa’s economic potential — UNCTAD

Addressing non-tariff measures and fostering regulatory convergence could unlock $7.1 billion in annual welfare gains, boost intra-Africa trade by 6%, and raise wages across the continent, says a recent report published by the United Nations Conference on Trade and Development (UNCTAD). While highlighting the transformative potential of the African Continental Free Trade Area (AfCFTA), the […]