The COVID-19 pandemic and the ongoing war in Ukraine have been pushing many electric grid utilities in Africa — which have long been strapped for cash — close to financial collapse, whereby this situation is in turn also slowing down the continent’s clean energy transition. Ghana’s electric grid is in dire straits. In the mid-2010s, […]
Tag: Africa
Japanese Premier to be absent at TICAD 8 summit in Tunisia
Japanese Prime Minister Fumio Kishida will miss the 8th Tokyo International Conference on African Development (TICAD) summit planned to take place late this month in Tunis, after the Japanese state-run news Kyodo News announced he contracted COVID-19. Kishida tested positive to the virus on Sunday at the end of his summer break. He, commenced working […]
Morocco: King Mohammed VI Delivers a Speech to the Nation on 69th Anniversary of the Revolution of the King and the People
King Mohammed VI on Saturday delivered a speech to the Nation on the occasion of the 69th anniversary of the Revolution of the King and the People. Here follows the full text of the royal speech: “Praise be to God, May peace and blessings be upon the Prophet, His Kith and Kin Dear Citizens, Today, […]
Tokyo urges Japanese private sector to invest — and beat China — in Africa
Japan, which lags behind other major economies when it comes to investment in Africa, has been increasingly concerned that the pandemic has weakened African economies and worsened their dependence on Chinese investment and aid. US investment in Africa is seven times larger than that of Japan, that of the UK and France is more than […]
8th TICAD meeting: Japan seeks to rebuild influence in Africa
A Japan-supported international conference on African development — the 8th Tokyo International Conference on African Development, or TICAD 8 — will be held in Tunisia, August 27 to 28. TICAD 8 is expected to focus chiefly on cooperation in the health care field, including the fight against such infectious diseases as the novel coronavirus. “The […]
IMF reforms and funding in Africa: focus on Ghana, Zambia, Kenya and Tanzania
Many, if not most, African economies have endured a torrid time over recent years, as their finances have been hard hit by two global crises – Covid-19 and the Russia-Ukraine war. As a result, numerous states across Africa have turned to the International Monetary Fund (IMF) for assistance. Ghana is expecting to receive $3 billion […]
UN: Morocco seeks enduring peace & conflict prevention in Africa
Morocco is working, under the leadership of King Mohammed VI, to prevent conflicts in Africa, focusing on sustaining peace in all its diplomatic activities, said Morocco’s deputy permanent representative to UN Omar Kadiri. During the Security Council debates on peace & security held lately in New York, the diplomat said his country has been active […]
Europe rushes to Africa for gas alternatives as dependence on Russian gas dims
Several European countries are increasingly turning to the African continent for gas supply as best alternative to the Russian gas as western countries look to reduce and end dependence on Moscow. Since the start of the Russia-Ukraine war in February this year, tensions built up between Russian President Vladimir Putin and European countries. The Russian […]
Inflation: govts across Africa struggle to tame soaring prices, help poor people
Lingering effects of the Covid-19 pandemic and the Russia-Ukraine war pose huge challenges to the continent, a recent African Economic Outlook report by the African Development Bank (ADB) concluded. As the war in Ukraine and coronavirus pandemic continue to bite, pushing millions of Africans into extreme poverty, locals are hoping initiatives by the ADB and […]
Ghana’s president: Europe should compensate Africa for slave trade
Ghana’s President Nana Akufo-Addo has urged European nations to pay reparations to Africa for damage wrought by the historic slave trade. Speaking at the recent Reparations and Racial Healing Summit in Accra, Ghana’s leader said compensation for the trauma of the trans-Atlantic slave trade is long overdue and compared Africa’s lack of reparations to the […]









