First Independent Mena Newspaper
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 paths that suit their own respective domestic conditions. “The African people have the most say on which path suits Africa best,” said Chinese President Xi Jinping at the China-Africa Leaders’ […]
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 utilization of health services, and to strengthen the institutional capacity for gender equality in Western and Central Africa. The Sub-Saharan Africa Women’s Empowerment and Demographic Dividend Plus project (SWEDD+) has […]
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 marked presence in Africa’s burgeoning green finance sector, with a group of Emirati investors having unveiled a landmark $4.5 billion pledge to invest in clean energy projects on the continent […]
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 other major concerns deterring many investors from the continent — a wave of debt crises, tense geopolitics, and an extreme vulnerability to climate change. There have been nine coups in […]
Rwanda has recently signed two landmark deals that may see the East African country become a hub for research in the field of Artificial Intelligence (AI) and nuclear energy — both of which are part of Rwanda’s ambitious aspirations to become an upper-middle income country by 2035, and a high-income country by 2050. Rwanda has […]
Difficulties in securing foreign currencies and lack of affordable credit in the wake of rising interest rates are major challenges facing traders in the East African Community, according to a new report on the Ease of Doing Business in the EAC 2023, that also highlights traders still facing challenges at borders and markets despite harmonized […]
Russia is making “tremendous” gains in its disinformation propaganda in Africa, according to a new report by Dan Whitman, fellow at the Philadelphia-based Foreign Policy Research Institute, who, in a recent interview, described Moscow’s disinformation campaign as the “most rapid propaganda successes in the history of propaganda.” In his report recently published by the […]
Despite the €600 million spent by the European Union on training security personnel in the Sahel, the countries in the region had “failed to bolster democracy,” the head of EU diplomacy Josep Borrell has admitted in the wake of a series of recent coups, the latest of which were in Niger and Gabon. Speaking at […]
Africa, the world’s richest region for renewable energy, must tap into its vast untapped resources to drive sustainable development and industrialization — this was the main message coming from fruitful discussions on the Africa Green Minerals Strategy (AGMS) during the recent Africa Climate Summit 2023 in Kenya. At over 5500 exajoules per year, Africa boasts 44.8% of […]
UAE has unveiled an initiative that will provide $4.5bn to help tap Africa’s clean energy potential amid increasing negative impacts of the climate change on the continent. COP28 President-Designate Sultan Al Jaber made the announcement during his keynote address at the inaugural African Climate Summit in Nairobi, Kenya. The initiative will bring together public, private, […]