al Aqsa

African govts in fiscal bind amid high interest rates and debt squeeze

With the interest rates likely to stay high in 2024, governments across Africa are presented with a unique challenge and dilemma as they struggle to pay off rising levels of accumulated debt at the same time as they are being urged by the International Monetary Fund (IMF) to cut costly fuel subsidies and raise more […]

Africa should not serve as arena for global contests — China’s foreign minister

Africa should not be an arena for international competition between world powers, China’s new Foreign Minister Qin Gang said on Wednesday while inaugurating the new headquarters of the Africa Centers for Disease Control and Prevention (CDC), a pan-African health body. Qin is on a five-nation African tour, a week after bidding farewell to Washington, D.C., […]

EU aims to create 10 Million jobs in Africa

The European Commission President Jean-Claude Juncker in a keynote speech on Wednesday said Europe will propose a new alliance with Africa that will create up to 10 million jobs. In his State of the Union speech, Juncker said the European Commission is proposing a new ‘Africa – Europe Alliance for Sustainable Investment and Jobs’ to […]