“The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking.” ― Albert Einstein Trade and investment have long been key drivers of economic growth and development globally. In Africa, where there has been significant levels of poverty and inequality, transforming economies...
UK Foreign Secretary Dominic Raab has set out how the UK’s role as a force for good in the world will be the "defining feature of Global Britain for the next decade”. In a keynote speech at Aspen Security Forum he will stress the need for the UK to use its...
The High Commissioner of Zambia to Ghana, Richard Mwanza, has advocated for extensive trade among African countries to help create a single market and deepen economic integration of the continent, to help achieve objectives of the Africa Continental Free Trade Area (AfcFTA). Mr. Mwanza made this call during a tour...
Tanzania's President John Magufuli has died aged 61, the country's vice-president has announced. He died on Wednesday from heart complications at a hospital in Dar es Salaam, Samia Suluhu Hassan said in an address on state television. Magufuli had not been seen in public for more than two weeks, and rumours...
Large-scale protests have swept Senegal since the beginning of March, reflecting widespread anger at corruption, high unemployment, and what many regard as a politically motivated rape charge against opposition leader Ousmane Sonko (he denies the accusation). President Macky Sall’s government has cracked down violently on the demonstrations – the...
Cape Verde has been urged to immediately release Venezuelan diplomat Alex Saab in compliance with the ruling of the ECOWAS Court on Monday, March 15, 2021. Femi Falana, the lead lawyer for Mr. Saab in a letter addressed to the President of the Cape Verde, Jorge Carlos de Almeida Fonseca...
African Export-Import Bank (Afreximbank), the Pan-African multilateral EXIM Bank, announces the signing of a 7-year US$350 Million Term Loan Facility to provide financing to OCP Group, the world’s largest phosphate mining and leading fertilizer company which will support OCP Group’s expansion plans across Africa. Prof. Benedict Oramah, President of Afreximbank, observed...
In rebuilding after COVID-19, policymakers must invest in innovative technology to leapfrog obstacles to inclusive development Africa has enjoyed strong economic growth for most of the 21st century, mainly because of robust global demand for primary commodities. But the “Africa Rising” narrative that accompanied this growth is mostly a story...
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...
Back when states regularly used armed forces to compel others into compliance or dependence, sovereignty was primarily a geographic and military concept. But the term has more recently taken on an added dimension. The COVID-19 pandemic, for example, revealed the West’s dependence on China for supplies of face masks and...