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...
The AfricaNenda report on the State of Inclusive Instant Payment (SIIP) in Africa for the year 2023 indicates that as of June this year, Instant Payment Systems (IPSs) in Africa recorded 32 billion transactions valued at a whopping US$1.2 trillion.
Deputy Chief Executive of AfricaNenda, Sabine Mensah told journalists in...
South Africa prepares to host the African Growth Opportunity Act (AGOA) forum to review critical challenges and obstacles adversely impacting on trade opportunities and economic cooperation between the United States and Africa. The United States first introduced the African Growth and Opportunity Act (AGOA) in 2000. It is the...
Along with Canada, the Bill and Melinda Gates Foundation, the United States of America (USA) and partners in Africa, the United Kingdom (UK) is helping to fund a £80million boost in Artificial Intelligence (AI) programming to combat inequality and boost prosperity in Africa.
The goals of the UK Government’s AI for Development...
Amid heightened criticisms and intense debates over several significant global issues, including new financial architecture, economic diversification, growing debts and reforms, the International Monetary Fund (IMF) and the World Bank, on October 15, wrapped up their week-long annual meetings held under the theme ‘Global Action, Global Impact’ in Marrakesh,...
