Africa Emerging Markets Headlines International

Climate change intensifies Africa’s water crisis despite rainfall

Africa faces an escalating water crisis as climate change disrupts rainfall patterns across the continent, creating a paradox of flooding and drought that threatens millions of lives and livelihoods. Despite recent rainfall increases in some regions, critical water shortages persist, particularly affecting major river basins including the Zambezi basin in Southern Africa. Diminished precipitation over […]

Features Headlines International Morocco

Morocco’s Crown Prince Inaugurates 17th SIAM with Climate Focus

Crown Prince Moulay El Hassan chaired, on Monday at Mechouar Stinia–Sahrij Souani in Meknes, the opening ceremony of the 17th edition of the Moroccan International Agricultural Show (SIAM), held under the High Patronage of King Mohammed VI, from April 21 to 27, under the theme “Agriculture and the Rural World: Water at the Heart of […]

Africa Features Headlines International

South Africa takes over G20 presidency amid global polarization due to wars, trade tensions

South Africa became the first African country to take over the G20 presidency on Sunday (1 December), which may also be the most challenging yet amid growing global political instability and shifting world order. As the first African country ever to lead the forum, Pretoria said that while it aims to focus on issues such […]

Blogs Community Energy

COP29: Africa outraged by ‘insufficient’ $300bn climate change deal

African and other developing nations have rejected as “insufficient” a $300 billion deal on climate finance that was agreed by negotiators at the United Nations’s COP29 climate talks in Baku, Azerbaijan, to help developing nations adapt to climate change. Richer nations agreed to pay at least $300 billion annually until 2035 to help developing countries […]

Africa Headlines International

Climate change costs Africa 5% of its GDP- study

Climate change and global warming costs African countries 5% of their GDP, according to the UN. The continent releases less than 10% of greenhouse gas emissions globally but continues to bear a disproportionate impact of global warming. African countries spend 9% of their budgets to counter climate change. Meanwhile, they only receive 1% of annual […]

Blogs Community Energy Features

Energizing Africa: AI can help achieve universal energy access on the continent

Artificial Intelligence (AI) can accelerate energy access in Africa, which is critical to reduce poverty, enhance productivity, and build resilience against climate change on the continent, says a recent report published by the London School of Economics (LSE). AI has the potential to significantly transform energy access in Africa by improving equitable energy access, fostering […]

Energy Headlines Morocco

OPEC Fund Lends Morocco $100 Mln for Climate Resilience Efforts

The OPEC Fund for International Development (the OPEC Fund) approved on Wednesday a $ 100 million loan to Morocco to enable the country to co-finance the first phase of the “Economic Governance & Climate Change Resilience Support Program”. To counter global economic and climate change challenges, the Moroccan government has set an ambitious program destined […]

Americas Community Emerging Markets Finance Headlines International Morocco

U.S. supports Morocco’s cooperative resilience efforts to mitigate climate change

USAID chief Samantha Power has announced the launch of a new initiative destined to help Moroccan vulnerable cooperatives and entrepreneurs in rural areas adapt to climate change, grow their economic activities, and build resilience to climate shocks and water scarcity. The announcement of the new Cooperative Resilience Program was made by Smantha at the Mohammed […]

Africa Headlines International

West African heatwave caused by climate change- study

A study by the World Weather Attribution group of scientists found that the heat wave that damaged crops in West Africa was triggered by human-caused global heating. The heatwave, with temperatures averaging 40C, damaged the cocoa harvest in West Africa, sending prices of the key chocolate ingredient higher. Farmers in Ghana and Côte D’Ivoire, which […]

Africa Headlines International

World’s 10 most under-reported urgent humanitarian crises are in Africa — CARE’s report

Crises in Africa are being overlooked, with news about humanitarian emergencies on the continent buried beneath the weight of media attention focused elsewhere, according to a recent report by CARE International. The 2023 report entitled ‘Breaking the Silence: Ten Humanitarian Crises That Didn’t Make Headlines in 2023’ lists ten forgotten humanitarian crises of last year, […]