London, UK | THE INDEPENDENT | Tullow Oil says it will continue operations in Africa despite plans by other operators to shift from the continent. The Anglo-Irish Oil and gas operator has over 30 licenses across eight countries in Africa and South America. It was once the lead investor in …
Read More »Africa: Insect meat loaf, fertilizer trees, and mosquito-repelling plants
The Promise of Africa’s Bio-economy GUEST COLUMN | OUSMANE BADIANE & JOACHIM VON BRAUN – ALL AFRICA.COM | Africa feels the impacts of COVID-19, conflict, and climate change perhaps more than any other region in the world. The costs of food, fuel, and fertilizer have skyrocketed over the past …
Read More »Africa coffee industry seeks to succeed without foreign influence
Kampala, Uganda | THE INDEPENDENT | African coffee-producing countries have gathered in Nairobi to chart ways of improving the continent’s coffee sector and cushion it from global shocks. These include the effects of pandemics, trade barriers, and market dynamics like unfair taxes and trade restrictions among others. The first G25 Coffee …
Read More »Afreximbank moots continental energy bank
Fossil fuel lobby want bank to serve as catalyst for Africa-directed investments Kampala, Uganda | RONALD MUSOKE | On May 16, the African Export-Import Bank (Afreximbank) signed a memorandum of understanding with the African Petroleum Producers Organization (APPO) in a move that seeks to create a multi-billion dollar energy bank …
Read More »Zimbabwean president defends Chinese investment in Africa against Western incitement
Harare, Zimbabwe | Xinhua | Zimbabwean President Emmerson Mnangagwa has praised Chinese investment for changing the economic landscape in his country and other parts of Africa, while blasting the West for plundering African resources for decades. In his weekly column for the government-run The Sunday Mail newspaper, Mnangagwa said that the …
Read More »AfDB approves 1.5 bln USD to help African countries avoid food crisis
Lagos, Nigeria | Xinhua | The African Development Bank (AfDB) said it has approved 1.5 billion U.S. dollars to help African countries avert a looming food crisis. In a statement made available to Xinhua on Friday, the bank said Africa now faces a shortage of at least 30 million metric tons …
Read More »IN THE INDEPENDENT: Bad news – America is back in Somalia
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Bad news: America is back in Somalia THE LAST WORD Museveni’s Umeme mistake: Why the refusal to renew their concession is not a big loss to Ugandan workers and investors and a boom …
Read More »African experts warn maternal health at stake amid shortage of contraceptives in cities
Kisumu, Kenya | Xinhua | The health of women in Africa’s rapidly developing cities is in peril amid inadequate access to family planning services, experts said Wednesday on the sidelines of the ongoing ninth edition of the Africities Summit in Kenya’s western city of Kisumu. According to the experts, about 20 …
Read More »11,000 more African millionaires in 2021 – latest African Wealth Report
Africa is currently home to 136,000 millionaires, with their ranks on the rise. This is despite the continent’s total wealth dwindling over the past decade FEATURE | LEO KOMMINOTH | Africa’s share of millionaires grew by 8% between 2020 and 2021, according to a recent report by intelligence firm New …
Read More »It’s Africa’s Century—for Better or Worse
Asia gets the attention, but the real economic revolution is the inevitable growth of an overlooked continent | TOOZE-ADAM | In the coming decades, we face a revolutionary shift in the balance of world affairs—and it is likely not the one you are thinking of. Since the 1990s, the idea …
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