Even with Nigeria releasing almost 98% of the funds that were blocked in the country, the continent continues to grapple with blocked funds ANALYSIS | AENCIES | African aviation industry continued to show resilience and growth in the second quarter of 2024, navigating economic challenges and seizing opportunities. Airlines across the …
Read More »Africa Energy Bank set to finance fossil fuel projects
Continent to fund own oil and gas projects in wake of Western financial institutions’ hesitancy ANALYSIS | RONALD MUSOKE | The African Petroleum Producers’ Organisation (APPO), an association of African petroleum producing countries, together with the African Export-Import Bank (Afreximbank) have zeroed-in on Nigeria’s federal capital, Abuja, to host the headquarters …
Read More »Investing in African health tech
African-led health tech has improved the lives of millions of patients. But systemic change in global health procurement is needed to support local innovations ANALYSIS | AGENCIES | In a remote village in Rwanda, a life-saving medicine delivery takes place. A drone, operated by Zipline; an American company that designs, manufactures, …
Read More »African airlines boom to last
Two new expert reports see bright future for African aviation SPECIAL REPORT | BIRD AGENCY | In a month of good news, two new expert reports are painting a bright present and future for African airlines. The first, a report by the International Air Transport Association predicts that African airlines will …
Read More »Mining critical minerals in Africa
As the world rushes to it for lithium and more, here is how the continent should deal with the demand COMMENT | JAMES BOAFO, ERIC STEMN JACOB OBODAI & PHILIP NTI NKURUMAH | Global demand for critical minerals, particularly lithium, is growing rapidly to meet clean energy and de-carbonisation objectives. Africa …
Read More »Using mobile money to buy and sell across Africa – a fast track to economic integration
COMMENT| Gabby Asare Otchere-Darko | For over sixty decades, from the Mali Empire through to the OAU Summit of May 1963 and incrementally to date, African unity has remained but a collective dream. One that has been sustained more by a recognition of its essence rather than a conviction for its …
Read More »African ministers unveil policy to boost maritime security
NAIROBI, KENYA | Xinhua | African ministers on Thursday launched the Regional Maritime Transport Policy for Eastern, Southern and Northern Africa to boost maritime security. Salim Mvurya, Kenya’s cabinet secretary for the Ministry of Mining, Blue Economy and Maritime Affairs, told a forum in Nairobi, the capital of Kenya, that …
Read More »Afreximbank pledge $2bn to Africa Health Security Plan
Kampala, Uganda | THE INDEPENDENT | Afreximbank and the Africa Centers for Disease Control and Prevention have announced a new cooperation agreement at the Global Forum for Vaccine Sovereignty and Innovation in Paris, France. Under this partnership, Afreximbank has committed a $2 billion facility to the “Africa Health Security Investment Plan,” …
Read More »Uncle Mo listed among top 10 African skit makers
SPECIAL REPORT | BIRD AGENCY | Skitmakers in Africa have become pivotal figures in the highly diversified entertainment industry, skilfully blending humour and social commentary to captivate audiences across the continent and beyond. These creative individuals harness the power of digital platforms to craft short, relatable, and often hilarious snippets that …
Read More »Africa seeks homemade solutions to tackle debt challenges
13 African countries are at high risk of debt distress and 6 are already in debt distress Addis Ababa, ETHIOPIA | THE INDEPENDENT | The African Development Bank has launched a new initiative to support and develop homegrown solutions to the debt challenges that countries on the continent are facing. Dubbed …
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