Nairobi, Kenya | Xinhua | The industrial north should honor the commitment to providing capital and technologies required to help African countries cope with the unfolding climate emergencies, Kenyan President William Ruto said on Saturday. During his address at the 2023 Ibrahim Governance Weekend underway in the Kenyan capital of Nairobi, …
Read More »Time for Africa to use its oil to end energy poverty – Dr. Omar Farouk Ibrahim
Kampala, Uganda | THE INDEPENDENT | Africa must use its oil and gas resources to provide energy for 600 million of its population currently trapped in energy poverty. The call is by Dr. Omar Farouk Ibrahim, the Secretary-General of the African Petroleum Producers Organization (APO). Omar Farouk Ibrahim was the keynote …
Read More »Debt dangers in Africa
Kampala, Uganda | THE INDEPENDENT | Public debt repayments in some African countries are at their highest levels since 1998. The Conversation Africa’s founding editor Caroline Southey talks to dean and economics professor Philippe Burger about the danger of debt problems some African countries face. What’s behind the spike in debt …
Read More »Wealth Report: African millionaires to rise 42% by 2032
Rwanda was the top performing market in Africa during the past decade, with millionaire growth of 72%, followed by Mauritius, the Seychelles, Uganda, and DRC Kampala, Uganda | THE INDEPENDENT & AGENCIES | Africa’s millionaire population is expected to rise by 42% over the next 10 years, reaching around 195,000 by …
Read More »As war rages in Sudan, countries angle for advantage
Even before its two leading generals went to war last week, “everyone wanted a chunk of Sudan,” an expert said of the strategically located country rich in natural resources Kampala, Uganda | NEW YORK TIMES | As war consumes Sudan, nations from around the world have mobilized swiftly. Egypt scrambled to …
Read More »Anglican Communion and homosexuality
Is this the end of the Church of England’s influence in Africa? COVER STORY | RONALD MUSOKE | The Anglican Church is in disarray following a decision reached by hundreds of conservative Anglican Church leaders during a conference held April 17-21 in Kigali, Rwanda. The fourth Global Anglican Future Conference (GAFCON …
Read More »UNICEF calls for concerted efforts to address routine immunization
Addis Ababa, Ethiopia | Xinhua | Some 12 million children in Eastern and Southern Africa missed out entirely or partially on routine immunization from 2019 to 2021, the United Nations Children’s Fund, or UNICEF, has disclosed. UNICEF, in its report entitled “State of the World’s Children 2023: For Every Child, Vaccination …
Read More »Why African countries are short of US dollars
Kampala, Uganda | Christopher Adam | A number of African countries, including Kenya, Egypt, Zimbabwe, Nigeria, Ghana and Zambia, are currently experiencing shortages of US dollars. The dollar is the dominant currency in international transactions. These countries rely on the U.S. currency to pay for foreign debts, essential goods and industrial …
Read More »Confronting digital disruption
How African businesses can capitalise on transformational functions in a brave new world COMMENT | Vincent Maher | Africa faces a reckoning when it comes to its relationship with digital technology. Challenges related to infrastructure rollout and the high cost of data mean it’s difficult for enterprises and institutions to adopt new …
Read More »2023 Africa Wealth Report
It reveals ‘Big 5’ account for 56% of the continent’s millionaires Kampala, Uganda | AGENCIES | The total investable wealth currently held on the African continent amounts to USD 2.4 trillion and its millionaire population is expected to rise by 42% over the next 10 years, according to the latest 2023 …
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