Pretoria, South Africa| Jakkie CILLIERS | ISS TODAY| As part of the ‘Africa rising’ narrative, much has been made of the continent’s growth story. The global recession of 2007/8 hit Africa hard, but it remained remarkably resilient, with growth forecast to 2030 at around 1.3% faster than average growth rates …
Read More »Montreal: The latest hotspot for Africa’s rulers to keep their wealth?
Montreal, Canada| AFRICAN ARGUMENTS| A new African Arguments investigation has found that politically-exposed African nationals hold Canadian real estate worth several millions of dollars. The study, conducted in partnership with the Journal de Montréal and Le Monde Afrique, reveals over a dozen individuals who have invested nearly $26 million in …
Read More »Rockefeller Foundation to boost Uganda’s electricity access
The Foundation plans to replicate the Smart Power India initiative in Africa starting with Uganda and Kenya The Rockefeller Foundation plans to create a Smart Power Africa initiative on the continent starting with Uganda and Kenya, according to its President Rajiv J. Shah. Shah, who was in Uganda on May …
Read More »African Union asks G20 to help raise Trump’s awareness on climate
Conakry, Guinea | AFP | The African Union (AU) on Saturday joined the chorus of disapproval at US President Donald Trump’s decision to pull out of the landmark Paris climate deal, expressing its full support for the initiative. The current head of the regional grouping, Guinean President Alpha Conde, called …
Read More »Barclays PLC sells 33.9% more shareholdings in Barclays Africa
Barclays PLC sells 33.9% more shareholdings in Barclays Africa London based Barclays PLC on June 01 shed 33.7% more shareholdings in Barclays Africa Group to equity investors at South African Rand R37.7bn, further reducing its stake in the latter company. The lender sold 285.7million Barclays Africa ordinary shares reducing its …
Read More »Barclays PLC announces intention to sell shares in Barclays Africa
Barclays PLC has announced its intention to sell 187 million ordinary shares in Barclays Africa Group, which represents approximately 22% of Barclays Africa’s issued share capital. This follows receipt of the required regulatory approvals, including approval from the South African Minister of Finance, for Barclays PLC to reduce its shareholding …
Read More »Museveni briefs Nigerian army on national security
‘Patriotism encourages national transformation’ – President Museveni tells Nigerian soldiers Entebbe, Uganda| PPU| President Yoweri Museveni has told a delegation of Army Officers from the Nigerian Defence Force College that to achieve national security, African countries must root for and embrace patriotism and pan-Africanism so that African societies are …
Read More »Nigeria: Coup rumours reflect rising distrust in Buhari’s absence
Lagos, Nigeria| AFRICAN ARGUMENTS| Last week, Nigeria’s Chief of Army Staff, Tukur Buratai, issued a stern warning to soldiers to stay out of politics, raising alarm of a potential coup plot. His statement claimed that individuals had been approaching army officers for political reasons, and cautioned: “Any officer or soldier …
Read More »Trump commits $300 million to fight Africa famine
Vatican City, Holy See | AFP | US President Donald Trump told Pope Francis on Wednesday he was committing more than $300 million (270 million euros) to help prevent or tackle famine in Yemen and several countries in Africa. Trump, meeting the pontiff for the first time, said he …
Read More »Congo Come Back! Why we’re building a new political movement in DRC
Kinshasa, DRC | AFRICAN ARGUMENTS| History tells us that summer months are often eventful in Congolese politics. It was on 30 June 1960 that the country gained independence from Belgium. On that day, Belgium’s King Baudouin declared: “the Congo constitutes the culmination of the work conceived by the genius of …
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