One of Africa’s key challenges in confronting climate change is figuring out how to finance the necessary transformation of the continent’s economies. Since climate finance from the Global North remains more of a promise than a reality, part of the solution must be to unlock the vast potential of...
We are still near the start of 2018, and already it feels like tension and disorder will be the year’s defining characteristics. From anti-immigration policies in the United States to flaring geopolitical hotspots in the Middle East and East Asia, disruption, upheaval, and uncertainty seem to be the order...
The Senegalese leader urged members of the G20 group of countries to continue helping African nations balance their obligations to creditors with their obligations to their own citizens in the face of a deadly pandemic “Flatten the curve.” Do you remember that phrase? It was on everyone’s lips back in...
Nigeria’s state oil company illegally paid 216 billion naira ($707.4 million) in fuel subsidies in 2017, according to a Senate probe, the findings of which were released on Thursday. The investigation by the upper legislative house said that parliament had not approved those payments by the Nigerian National Petroleum Corporation...
  Documentary photography, street scene - A woman washes clothes in the hot afternoon sun in Soweto township near Johannesburg, South Africa. Image: Steve Nimmons Africa is home to the world’s youngest and fastest growing population; with people under the age of 25, accounting for about 60% of the continent’s entire...
The African Export-Import Bank (Afreximbank) has signed an MoU with the United Arab Emirates (UAE) Trade Centre to promote the TRADAR Club solution in the market. The Cooperation Agreement was signed between Afreximbank and the UAE Trade Centre on the side-lines of the Intra-African Trade Fair (IATF2023) Press Conference and...
President Joe Biden’s announcement that the US will have enough COVID-19 vaccines for every American by the end of May has contributed to a rising tide of optimism about the country’s economic prospects this year. This, and other good reasons to be hopeful about the economy, opens a valuable...
Africa gas market tiny but growing fast Electricity generation is main growth driver Unified pricing system tough in undeveloped markets Africa should develop a gas pricing index based on the cost of electricity set midway between existing global benchmarks to ensure fairer pricing in new export projects on the...
A recycling plant in Tanzania’s port city of Dar es Salaam has traded paper for plastic bottles and started making anti-coronavirus face shields that are being snatched up by hospitals and health centres nationwide. Until earlier this year, Zaidi Recyclers had a thriving business in processing waste paper which it...
Following what appears to be the decision of Cape Verde to defy the ruling a of the ECOWAS court concerning the detention of Venezuelan diplomat and businessman Alex Saab, his lawyers have written to officials in Cape Verde urging them to immediately enforce the court's ruling. Femi Falana and Dr....