For decades, Africa has been trapped in a cycle of debt dependency, relying on external actors for debt cancellation, debt swaps, debt exchange, debt forgiveness et al through bailout programs. In this article we argue that developing world class Industrial Ecosystems offer a more nuanced and effective approach to...
“In the beginning, they were two: the land and the sea”
In 2013, China attracted significant international attention following the announcement of one the most ambitious investment projects ever conceived: The Belt and Road Initiative (BRI). The BRI aims to promote greater connectivity on a transcontinental scale, notably through massive...
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...
By Juliet ETEFE
Amidst the pressing global challenges of climate change and environmental degradation, a primary takeaway from the Strategic Youth Network for Development' (SYND), African Youth Conference (AYC) 2024 is the need for the youths to seize the moment to drive sustainable development.
With a focus on amplifying youth-led...
Under the auspices of the President of the Russian Federation, the popular St. Petersburg International Economic Forum (SPIEF) comes off this mid-June 2022 for members of the Russian and global business community to meet and discuss the key economic issues facing Russia, emerging markets, and the world as a whole.
Over the last 24 years, it has...
Total confirmed coronavirus cases in Africa have passed 750,000, a Reuters tally of government and World Health Organization data showed on Wednesday.
The tally showed the continent had 751,151 cases, 15,721 deaths and 407,461 recoveries. Cases crossed the 500,000 mark on July 8.
The virus hit Africa later than other continents...
The land is essential to our lives – we grow food on it and rely on it for economic growth and development. In sub-Saharan Africa, approximately 83% of people depend directly on the land for survival.
However, approximately two-thirds of the continent’s productive land is degraded – it has lost...
BOSTON – With US President-elect Joe Biden’s imminent inauguration and the rollout of COVID-19 vaccinations, there is growing optimism for an economic rebound in 2021. But such hopes are misplaced, and not only because the virus is likely to remain a problem for longer than people think. The real...
The Colombian national is currently under detention in the African country.
Efforts by his lawyers to get him extradited amidst harsh treatments he is facing from the Cape Verde government has so far yielded little results.
Social media users have joined in the advocacy for the release of Alex Saab with...
Africa's economy should return to growth in aggregate across the continent in 2021 after a coronavirus recession, the African Development Bank said on Friday - while warning that poverty and public debt will continue to rise.
The -2.1 percent contraction of the pan-African economy in 2020 was the first recession...