Tag Archives: africa

Africa’s rising stars in global trade and development finance, show the world that it’s finally the continent’s time to shine, writes Gina Din-Kariuki The World Bank Group recently named longtime vice president Makhtar Diop to replace Philippe Le Houérou as head of the International Finance Corporation (IFC), making him the …

But how much will Africa capitalise on cheap renewable energy? | CAROLYN GRAMLING | Africa’s electricity capacity is expected to double by 2030 — and with the rapidly dropping cost of renewable energy technologies, the continent might seem poised to go green. But a new analysis suggests that fossil fuels …

Why Americans shouldn’t dictate what Africa should do or position themselves as templates for African countries | MOSES BAGUMA | Well, the first country to acquire independence in Africa did so on January 01, 1956. Since then, it’s now 64 years to date. Before colonialism, most African societies were monarchs …

How African media badly covers Africa | THE INDEPENDENT | One-third of all African stories in news outlets on the continent are sourced from foreign news services according to a new report from Africa No Filter (ANF). The ‘How African Media Covers Africa’, highlights the fact that stories about Africa …

How copying and pasting Western solutions to the pandemic was unrealistic for Uganda and Africa THE LAST WORD | ANDREW M. MWENDA | When COVID-19 struck, the world held its breath. In early 2020, there were doomsday predictions that the pandemic would devastate Africa, given the continent’s poverty leading to …

Beijing, China | XINHUA | China is exporting COVID-19 vaccines to 27 countries and providing free vaccine aid to 53 countries in need, foreign ministry spokesperson Wang Wenbin said on Tuesday. Wang told a press briefing that vaccine aid from China has arrived in Pakistan, Cambodia, Laos, Equatorial Guinea, Zimbabwe, …

EU funding will, among others, contribute to ensuring the cold chains, roll-out registration programmes, training of medical and support staff as well as logistics.  Brussels, Belgium | THE INDEPENDENT | The President of the European Commission, Ursula von der Leyen, has announced today $121 million (€100 million) in humanitarian assistance to support the …

Kampala, Uganda |  THE INDEPENDENT  |  The World Health Organization (WHO) has listed two more versions of the AstraZeneca/Oxford COVID-19 vaccine for emergency use, giving the green light for them to be rolled out globally through the COVAX facility, set up to ensure equitable access to the drug across the world. …

Like other businesses, the Prudential insurance group has had a tough year, but its Africa CEO Matt Lilley is optimistic about the company’s prospects on the continent. He spoke to African Business Magazine’s Desné Masie about the company’s strategy, the role of technology in digital inclusion and product innovation.  Could …

  However, the financial services sector is not out of the woods yet Kampala, Uganda | JULIUS BUSINGE | Uganda has for the fourth consecutive year maintained the 10th position in the Absa Africa Financial Market Index 2020, signalling a stagnation in performance. The report, released by Absa Bank shows …