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Africa urged to stop selling land, forests on ‘depreciated’ carbon credit market — AFC report

African countries must stop selling land on “depreciated” carbon credit market, and instead the continent should strive to become the global centre for high-value, high-integrity carbon credits, according to a new report from the Africa Finance Corporation (AFC). Released at COP28 by the Nigeria-based AFC, the positioning paper warns that at a critical moment in […]

Libya: LNA commander withdraws from Skhirat political accord, a coup critics say

The renegade east-based commander of the Libyan National Army, Khalifa Haftar, announced on Monday April 27 his withdrawal from the political agreement concluded in 2015 in Skhirat, Morocco, which had allowed the formation of the Government of National Accord (GNA), currently led by Fayez El Serraj. In a televised speech aired Monday night, Hafter said […]

South Sudan Unveils Cabinet-Backed Fiscal Reset to Stabilize Economy, Drive Sustainable Growth

South Sudan introduced, on Wednesday, a new fiscal framework aimed at ending economic instability and repositioning the country for sustainable and inclusive growth. Speaking in Juba, Finance and Planning Minister Bak Barnaba Chol said the policy prioritises economic stabilization, fiscal discipline and essential public spending. The framework, developed through collective Cabinet deliberations with inputs from […]