The United Nations has warned against escalation in the Red Sea following multiple airstrikes by US and UK forces targeting Houthi rebels in Yemen who have vowed fierce retaliation. “These developments in the Red Sea and the risk of exacerbating regional tensions are alarming,” the UN Assistant Secretary-General, Khaled Khiari, has said, calling for the […]
Tag: Ghana
US plans to set up drone bases in coastal West Africa to stem Islamist advance and counter China
The United States is reportedly seeking to set up military drones bases along the West African coast in an urgent effort to stop the spread of Islamist militants, counter the Chinese influence in the region, and to support the development and democracy of its African allies. Washington is holding preliminary talks with Ghana, Ivory Coast […]
CAF appoints four African legends ambassadors to promote African football
la Confédération Africaine de Football (CAF), the football governing body of the African continent, unveiled Monday January 8 the first names that include Egyptian Ahmed Hassan, the four times AFCON winner, to be signed up in the newly-established CAF Ambassadors program. Hassan is joined by Ghana’s Asamoah Gyan, Senegal’s El Hadji Diouf and Nigeria’s magician […]
Africa fueled with optimism with prospect of US interest rate cut in 2024
Emerging and frontier markets in Africa now have a reason for cautious optimism in 2024 following a recent announcement by The Federal Reserve (Fed) signaling possible cuts of up to 75 basis points in the coming year. New forecasts from central bank officials showed a turn from the hawkish rate environment Fed Chairman Jerome Powell […]
Chinese workers in Africa and link with host political regimes (Ghana vs. Algeria) — study
Fresh allegation has resurfaced in Nigeria that Chinese firms operating in the West African country employ prisoners from China, but although the validity of the rumor is questionable, the presence of large numbers of Chinese workers laboring on infrastructure projects built by Chinese companies is one of the most controversial aspects of China’s economic engagement […]
Washington hails ‘record’ year for US-Africa ties post-2022 leaders summit
The United States had delivered more than 40% of commitments made at the United States-Africa Leaders Summit (USALS) one year ago, which hosted about 50 African heads of government in Washington DC, senior US government officers have said. Speaking during a digital press briefing on the one year anniversary (14 December), they pointed out that […]
Accra Reparations Conference calls for Africa united front to redress slave trade injustices
Ghana’s President Nana Akufo-Addo has called for a united front with African leaders on demands for reparations for transatlantic slavery and colonial-era damages, as they gathered on Tuesday (14 November) in Accra for a four-day conference that aims to explore how to address such historical injustices. Speaking at the opening session hosted by Ghana, its […]
African countries divided over Israel-Hamas conflict
African nations have been divided over which side to support in the conflict between Israel and Hamas, but African leaders have still unanimously called on warring parties to halt deadly confrontations that erupted on 7 October when the Palestinian militant group launched a surprise assault. With the African Union (AU) having been divided over the […]
Illegal fishing major maritime threat in Gulf of Guinea, costing West Africa $26bn
The West African sub-region annually loses $26 billion to illegal fishing and illicit trade in marine resources, a senior Ghanian official has warned, echoing a recent report by an independent intergovernmental body that globally, nature is declining at rates unprecedented in human history, and species’ extinction is accelerating at an alarming rate. In an address […]
AfCFTA to boost remittances by making cross-border transactions cheaper
The African Continental Free Trade Area (AfCFTA) has potential to increase cross-border remittances by migrants, according to a new report by World Bank, even as international markets remain the largest sources. The AfCFTA has the potential to make cross-border transactions such as remittance transfers by migrants within Africa cheaper through the Pan-African Payment and Settlement […]