Agilitee Africa, a South African-based green solutions provider, is seeking to break into Ghana’s nascent automobile market, with its eco-friendly smart solutions to emerging challenges posed by fossil-fuel-powered vehicle use. With the global automobile industry now faced with ending the era of fossil-fuel-powered vehicles by 2040, Agilitee Africa says it...
Zimbabwe is negotiating a $1.5 billion guarantee with Afreximbank to ensure foreign investors’ funds are protected, central bank Governor John Mangudya said on Wednesday. Under new President Emmerson Mnangagwa, who rose to power following a defacto military coup that forced Robert Mugabe to resign in November, the government is trying...
Burkina Faso, Mali and Niger have adopted an incredible approach towards tackling chronic conflicts and related security threats from various extremist groups like Boko Haram, al-Qaida, and Islamic State-affiliated groups by creating a formidable military alliance in the semi-arid Sahel region in West Africa. As these West African States...
Zambian and Kenyan currencies are seen facing pressure this week as those of Nigeria, Uganda and Tanzania hold steady. ZAMBIA The kwacha is expected to remain under pressure against the US dollar this week due to declining supply of hard currency. On Thursday, commercial banks quoted the currency in Zambia, Africa’s...
The International Air Transport Association (IATA) has released data for global air freight markets in May, showing a slight improvement in the air cargo market. But capacity remains unable to meet demand as a result of the loss of belly cargo operations on passenger aircraft that have been parked. ...
The ECOWAS Court has ordered the release of Venezuelan businessman, Alex Saab who has been detained in Cape Verde since June 2020. The court in a final judgement on Monday, March 15, 2021 determined that it was illegal and arbitrary for Cape Verde to arrest Mr. Saab, who is a...
The Nigeria Stock Exchange (NSE) Insurance Index, which tracks insurance stocks, recorded the highest gain of 29.77 percent in January 2021 as insurers rallied on the back of suspension of the insurance industry recapitalisation exercise. The federal government had in December 2020, through the National Insurance Commission (NAICOM), suspended the...
For more than 50 years, Loiman Letolo, 70, has peddled her colourful beaded necklaces and bracelets to safari-goers at the entrance gates to Kenya’s Maasai Mara National Reserve. As the annual “Great Migration” of millions of wildebeest, zebras and gazelles into the Mara’s vast savannah gets underway, Letolo would normally...
Demand a new deal in and for Africa Advocate speedy implementation of AFCFTA Call for Increased Investment in Digital Connectivity Leaders across Africa and the globe have called for deeper collaboration between governments and private sector players to fight the COVID-19 pandemic. At the 2nd UBA Africa Day Conversations, screened...
By Kestér Kenn KLOMEGÂH In this insightful interview, Professor Sergiu Mișcoiu at the Faculty of European Studies, Babes-Bolyai University in Cluj-Napoca (Romania), where he serves as a Director of the Centre for International Cooperation and as Director of the Centre for African Studies, discusses the political situation in the French-speaking...