Tag Archives: africa

The bank also marked its 30th anniversary, celebrating three decades of dedication to financing and fostering trade across Africa Kampala, Uganda | THE INDEPENDENT | Africa’s multilateral lender, African Export-Import Bank has recorded a significant leap in its financial performance for the year ended Dec.31, 2023, with net interest income soaring …

ADDIS ABABA | Xinhua | Chairperson of the African Union (AU) Commission Moussa Faki Mahamat on Saturday appointed Adama Dieng of Senegal as the first AU special envoy for the prevention of the crime of genocide and other mass atrocities. As the 55-member continental organization’s first special envoy for the …

Continent can transition from its near-total reliance on the global north for pharmaceutical innovations to meet its unique needs COMMENT | KELLY CHIBALE | One hundred and forty-two years after its discovery, Tuberculosis (TB) remains a global public health problem. Despite being preventable and curable, 1.3 million people died from TB …

Petroleum based-products and more would vanish with it, yet there are calls saying ‘Just stop oil’ COMMENT | HAITHAM AI GHAIS | If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered …

Africa is becoming a crucial player in India’s ambitious quest for global economic dominance. Through strong trade investments, expanding diplomatic relations, and strategic military partnerships, India is making significant investments in the continent as part of its broader global economic strategy. SPECIAL REPORT | BIRD AGENCY | India is growing …

INTERVIEW | SARA BYALA | A new book called Bottled: How Coca-Cola Became African tells the story of how the world’s most famous carbonated drink conquered the continent. It’s a tale of marketing gumption and high politics and is the product of years of research by critical writing lecturer Sara Byala, …

The Fund is expected to tackle  Africa’s $110 billion equity financing gap Kampala, Uganda | THE INDEPENDENT | Pan African multilateral lender, African Export – Import Bank has unveiled its Fund for Export Development in Africa (FEDA) office in Kigali, Rwanda. FEDA was established to tackle Africa’s US$110 billion financing gap …

AU has prioritized vaccine manufacturing for up to 22 diseases NEWS ANALYSIS  | RONALD MUSOKE | The European Union intends to support its partner, the African Union, in its ambitious goal of producing 60% of vaccines on the continent for African citizens by 2040, according to Jutta Urpilainen, the European Commissioner …

ADDIS ABABA, ETHIOPIA  | Xinhua | Tuberculosis (TB) is one of the major causes of death in Africa, killing hundreds of thousands of people every year, African Union (AU) officials have said. The officials made the remarks at an event to mark the 2024 World Tuberculosis Day, which falls on …

There was considerable debt uptake and regional VC diversification SPECIAL REPORT | BIRD AGENCY |   After defying the global funding slowdown of 2022, Venture Capital (VC) investments in African startups dropped considerably in 2023, mirroring the situation in other regions where capital taps were significantly turned off. According to Techcrunch; …