African smallholder coffee farmers’ livelihood jeopardized by new EU deforestation law

Many African smallholder coffee farmers are now finding their main source of income in jeopardy after the European Union announced its plan to outlaw products sourced from deforested areas, which, as critics point out, could penalize so-called smallholder coffee farmers in Africa. In 2023, the EU established mandatory rules, known as EUDR, for companies dealing […]

African High-Level Ministerial Meeting calls for an equitable global financial architecture

The High-Level Ministerial Meeting on accelerating the financing of Africa’s emergence, held on Thursday on the sidelines of the WB-IMF Annual Meetings, culminated in the adoption of the “Marrakech Declaration” which calls for a “global financial architecture that is fairer and more conducive to Africa’s development.” In this Declaration, the 48 countries that took part […]

Egypt launches investment fund for Nile Basin countries

Egypt has officially launched a Fund dedicated to investment in the Nile Basin, aimed at fostering development through collaboration with neighboring countries. This initiative was announced on October 14. The fund is designed to facilitate investment in development and infrastructure projects across the Nile Basin nations, adhering to strict economic standards to enhance project success […]