Remittances sent back to Africa are a considerable growth pillar for the continent and are currently nearly double the total value of aid. The top 10 countries listed here each have remittance inflows of more than US$1 billion. SPECIAL REPORT | BIRD AGENCY | Africa’s growing diaspora community is increasingly …
Read More »UAE, Egypt seal deal to build new city from scratch to boost tourism in region
Egypt, UAE major investment deal to lessen Cairo’s economic struggle CAIRO | Xinhua | A fresh multibillion-U.S. dollar coastal development deal between Egypt and the United Arab Emirates (UAE) will help to mitigate the North African country’s economic struggle and bridge its financing gap, according to Egyptian economists. The two …
Read More »Kenya holds Africa’s inaugural green games summit
NAIROBI, KENYA | Xinhua | The inaugural Africa’s Green Games Summit opened in Nairobi, the Kenyan capital, Saturday to help showcase the power of creative works in galvanizing action against threats to planetary health. The two-day summit, which gathered players in the gaming industry and innovators, took place ahead of …
Read More »Global charity urges for protection of girls in Somalia amid surge in rape, sexual abuses
MOGADISHU | Xinhua | Save the Children, an international charity, has called for increased protection of women and girls in Somalia amid a surge in sexual abuse and rape against teenage girls in recent months. The charity said a 13-year-old girl was raped by a group of armed men outside …
Read More »Foreign investors push Kenya’s bond market trading to historic high
NAIROBI, KENYA | Xinhua | Bond trading at the Nairobi Securities Exchange (NSE) has hit a record high, boosted by foreign investors seeking to cash in as yields on the securities rise. NSE data released Thursday evening showed that the bond turnover has been on an upward trajectory since Monday …
Read More »Cameroonian schools embrace mother tongue education to preserve cultural heritage
YAOUNDE | Xinhua | On a bright morning at Les Normaliens Lay Private Bilingual School in Foumbot, Cameroon, teacher Belinda Bafon prepared her students for class. Settling in, the children delved into a 30-minute session dedicated to conversing in their mother tongues, a practice central to the school’s curriculum. “Who …
Read More »BMW bets big on Africa’s green hydrogen industry with SA fuel cell test vehicle
BMW hedges its bets on hydrogen fuel cell vehicles, launching a test vehicle in South Africa as the automaker seeks a path to a mass-market model in 2030. SPECIAL REPORT | BIRD AGENCY | BMW has claimed its place as the breakout star in Africa’s race for commercial hydrogen mobility …
Read More »Rwanda presidential, lower chamber elections nominations set for May
KIGALI | Xinhua | The National Electoral Commission (NEC) of Rwanda has announced that it will begin accepting nominations for the positions of president and members of the lower chamber of deputies from May 17-30. “We have started training on electoral laws and regulations governing the presidential and lower chamber …
Read More »South Africa’s economy estimated to grow 1.6% over next 3 years
CAPE TOWN, SOUTH AFRICA | Xinhua | South Africa’s economy is estimated to have grown by 0.6 percent last year and will increase to 1.6 percent over the next three years, Finance Minister Enoch Godongwana said here Wednesday. He made this revelation while delivering the 2024 Budget Speech in Cape …
Read More »Tayebwa to EU: Stop dumping counterfeit electrical accessories in Africa
Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament, Thomas Tayebwa, challenged the European Union to stop shipping counterfeit electrical accessories to Africa, arguing that the continent also needs quality and sustainable products. Tayebwa made the call while speaking during the 64th session of the OACPS Parliamentary Assembly and …
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The Independent Uganda: You get the Truth we Pay the Price