Addis Ababa, Ethiopia | Xinhua | Carbon markets present a great opportunity for African countries to tap into the continent’s abundant natural resources, the United Nations Economic Commission for Africa (UNECA) Acting Executive Secretary Antonio Pedro has said. Pedro made the statement ahead of Africa’s flagship economic gathering, the 2023 …
Read More »Africa’s coffee producers urged to increase domestic consumption
Kigali, Rwanda | Xinhua | African coffee-producing countries should increase local consumption of their coffees which could cushion economies against external market shocks, officials said Thursday during a conference. “As we strive to meet global demand, we also remain aware of the fact that designing local solutions to promote domestic consumption …
Read More »Africa cannot afford failing to implement AfCFTA: AU Commissioner
AfCFTA is the flagship program of Agenda 2063 of the African Union. It aims to boost intra-African trade in goods and services Addis Ababa, Ethiopia | Xinhua | Africa cannot afford failing to implement the African Continental Free Trade Area (AfCFTA), a senior official of the African Union Commission (AUC) …
Read More »Nigerian president orders arresting, prosecution of monetary policy saboteurs
Abuja, Nigeria | Xinhua | Nigerian President Muhammadu Buhari on Thursday ordered security and anti-graft agencies to intensify efforts of apprehending and prosecuting citizens sabotaging the seamless implementation of the country’s new monetary policy. Buhari said in a national broadcast that he had already directed the Central Bank of Nigeria (CBN) …
Read More »Zimbabwe launches special fund to boost gold production
Harare, Zimbabwe | Xinhua | Zimbabwean Finance Minister Mthuli Ncube on Wednesday launched a 10-million-U.S.-dollar revolving facility to support value addition and beneficiation by artisanal and small-scale gold miners (ASGM) who account for the bulk of gold produced in the country. Ncube said at a press conference that 5 million dollars will …
Read More »Somalia kills 200 al-Shabab militants in week-long onslaught
Mogadishu, Somalia | Xinhua | Over 200 al-Shabab militants were killed during a week-long operation carried out by the Somali National Army (SNA) and regional forces in the south and central regions of Somalia, officials said on Wednesday. The latest onslaught against the al-Qaeda-linked militants had paid off, amid mass …
Read More »Alupo to represent Museveni at AU meet
Addis Ababa, Ethiopia | THE INDEPENDENT | Vice President Jessica Alupo has arrived in Addis Ababa in Ethiopia ahead of the 42nd Ordinary Session of the Executive Council and the 30th Ordinary Session of the Assembly of the African Union. The Vice President will represent President Yoweri Museveni at …
Read More »Africa CDC helps Equatorial Guinea respond to Marburg virus outbreak
Addis Ababa, Ethiopia | Xinhua | The Africa Centers for Disease Control and Prevention (Africa CDC) has announced the deployment of a team of experts in Equatorial Guinea to help the country respond to a Marburg virus disease outbreak. The announcement came after the Ministry of Health and Social Welfare …
Read More »South Africa declares national state of disaster to combat floods
Johannesburg, S.A. | Xinhua | The South African government has declared a national state of disaster to enable an intensive and coordinated response to the impact of floods that are affecting seven of the country’s nine provinces. The National Disaster Management Center has classified the impact of current above-normal rainfall in …
Read More »Africa needs pro-poor, inclusive recovery efforts to foster dev’t: UNECA chief
Addis Ababa, Ethiopia | Xinhua | Amid multiple financial, health and climate crises affecting the African continent, the UN Economic Commission for Africa (UNECA) has urged African countries to introduce pro-poor and inclusive recovery efforts to foster economic transformation. The urgent call was made by UNECA Acting Executive Secretary Antonio …
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