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Tag Archives: africa

The high cost of underrating Africa

`Perception premiums’ shouldn’t overinflate risks perennially assigned to a brighter Africa  COMMENT | HIPPOLYTE FOFACK | In 2020, the COVID-19 pandemic caused Africa’s first recession in 25 years. The sharp tightening of global financial conditions triggered sudden stops in foreign direct investment and massive capital outflows, alongside one of the …

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Vaccine nationalism stalling COVID fight

An end to vaccine nationalism will revitalize the war against the pandemic in the African continent Nairobi, Kenya | Xinhua | The fight against COVID-19 in Africa is facing new headwinds amid hoarding of vaccine stockpiles by wealthy nations that has created a supply crunch in the continent, campaigners said on Wednesday. …

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MIT unveils African entrepreneur Fellowship

  Fellowship applications open on May 3, 2021 for entrepreneurs working and living in Uganda, Ethiopia, Ghana, Nigeria, Kenya, Rwanda and Senegal | THE INDEPENDENT | Legatum Center for Development & Entrepreneurship at the Massachusetts Institute of Technology (MIT) has unveiled the Foundry Fellowship, a first-of-its-kind leadership program for accomplished …

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Africa’s COVID-19 vaccine rollout

The risks and the challenges | THE INDEPENDENT Africa’s largest-ever vaccination drive is well under way. Forty-nine African countries are rolling out COVID-19 vaccines and over 22 million doses have been given on the continent. Valuable lessons are emerging, but major risks and challenges threaten Africa’s fragile gains. Supply crunch …

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Grand Ethiopian Renaissance Dam

Why it’s a blessing for Nile Basin countries of Africa ANALYSIS | BELACHEW C TESFA, PhD | In 2011, Ethiopia began building the Grand Ethiopian Renaissance Dam Project (GERD) on the Blue Nile River, 60 kilometers from the Sudan border. The reservoir has a storage capacity of 74 billion cubic …

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