By Colin COLEMAN Africa could be the largest source of global economic growth over the next half-century. But during the same period, the continent could also trigger the next great European war. Goldman Sachs projects that Africa’s GDP will grow from roughly $3 trillion today to $44 trillion in 2075, with...
By Kizito CUDJOE The Senior Minister of Cambodia and President of the Anti-Personnel Mine Ban Convention, Dr. Ly Thuch, has called for action to encourage the remaining non-state parties in Africa - Egypt, Libya and Morocco - to join the Anti-Personnel Mine Ban Convention or Mine Ban Treaty. This is seen...
According to the Global Risks Report, some of the most severe risks the world may face over the next decade against a backdrop of rapid technological change, economic uncertainty, a warming planet and conflict is one that would not easily rebound from continued shocks. As cooperation comes under pressure,...
The 54th World Economic Forum in Davos Switzerland, concluded on Friday, the 19th of January, paving the way for a hot new year full of prospects as well as uncertainties in the world as there are fresh calls for reforms to global governance throughout the panel discussions hosted. Along with...
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...
Angola - a significant player in Africa's petroleum landscape - has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC). For Angola, membership status is not the sole concern but OPEC must necessarily serve its business interest. If its leaves the OPEC with effect from...
The Moroccan Sovereign has made the development of the Atlantic African space one of the surest means of making the African continent a strategic pole both economically and geopolitically. In his speech of November 6, 2023, celebrating the 48th anniversary of the Green March, His Majesty King Mohammed VI launched...
The challenge of feeding the world is immense, given the unrelenting effects of climate change, from droughts and floods, both of which have increased in frequency and intensity in Africa. To secure global food supplies by 2050 when the world's population will reach 9.6 billion, Africa must become part...
Introduction to Correspondent Banking Correspondent banking may sound like a term straight out of a financier’s dictionary, but its implications ripple through the entire economy, touching the lives of both businesses and individuals. Essentially, it’s the process by which banks provide services to each other, including cross-border transactions and large-scale...
President of the Republic of Togo, Faure Essozimna Gnassingbé, has rallied African nations toward a collective endeavour to reclaim control over the continent's narrative. Speaking at the Africa Financial Industry Summit (AFIS) 2023, in Lome, Togo’s capital city, President Gnassingbé emphasised the imperative need for concerted action to shape Africa's...