Africa Business Emerging Markets Europe Headlines International

AU chief calls for ‘positive competition’ from Europe in bid to counter China’s growing clout

As African leaders converged on Germany’s capital earlier this week to attend the G20 ‘Compact for Africa’ meeting, the African Union (AU) chief called for “positive competition” from Europe in the continent, which would be more welcome than its criticism of Chinese investments for saddling poor countries with huge debts. While addressing the high-level meeting […]

Energy Headlines

Kenya is harnessing sun’s potential as next frontier in its renewable energy sector

Kenya has seen a significant surge in solar power generation that experts hail as a game-changer for the East African country, whose abundant sunshine can potentially revolutionize its energy sector in terms of cost-effectiveness and scalability. But rather than environmental concerns, the surge in solar energy perhaps seems to be more motivated by simple economics […]

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Ali Bongo to attend Paris “Nouveau Pacte financier Mondial” Summit

Gabon’s leader Ali Bongo is expected in the attendance of “Nouveau Pacte financier Mondial”, a global Summit staged in Paris June 22-23 seeking to increase funding for the least developed countries and those most vulnerable to climate change. The event co-organized by France, India (chair of the G20) and Barbados will be attended by several […]

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Kenya’s Ruto visits Germany, Belgium to seek trade deals with EU

Kenyan President William Ruto, now on a visit to Germany and Belgium, has invited German companies to invest in Kenya’s micro, small, and medium-sized enterprises. Ruto’s visit to Germany and Belgium is aimed at strengthening social and economic ties between Kenya and the European Union. During a meeting with German business leaders and investors, he […]