BEIJING, CHINA | Xinhua | China has risen to the world’s second place in terms of new drug development, with domestic drugs under research accounting for over a fifth of the global total, a health official said on Thursday. In recent years, a series of innovative medicines developed by China …

PARIS, FRANCE | Xinhua | President Emmanuel Macron on Tuesday named former Defense Minister Sebastien Lecornu as the new head of government, one day after Francois Bayrou’s cabinet lost a confidence vote in the National Assembly. Lecornu, 39 years old, became the fifth prime minister during Macron’s second term, which …

UNITED NATIONS | Xinhua | The Israeli attack on Qatar potentially opens a new and perilous chapter in the Gaza conflict, seriously threatening regional peace and stability, warned UN Under-Secretary-General for Political and Peacebuilding Affairs Rosemary DiCarlo on Thursday. Israeli airstrikes in Doha, Qatar, on Tuesday shocked the world. It …

Harnessing institutions to build confidence, capital, and inclusive growth Kampala, Uganda | Julius Businge | Africa stands at a historic crossroads. For decades, the continent’s growth narrative has been tied to foreign aid and volatile international capital flows, leaving many of its economies vulnerable to global shocks and unsustainable debt cycles. …

OPINION | Elijah Tumusiime | In an era where digital connectivity shapes every facet of modern life, Uganda is making strategic moves to align its digital ambitions with the Sustainable Development Goals (SDGs) and its third National Development Plan (NDP III). At the heart of this transformation is a powerful approach …

The Cairo-based trade finance institution announced on Sept.2 that its net income for the six months to June 30 rose to $412.7 million Kampala, Uganda | THE INDEPENDENT | African Export-Import Bank Group (Afreximbank) has reported a rise in first-half net income, supported by stronger income and higher liquidity buffers, …

Entebbe, Uganda | Julius Businge | “Growth and comfort do not coexist,” declared Peter Kimbowa, delivering a wake-up call to nearly 2,000 accountants gathered in Entebbe for the 30th Annual Seminar of the Institute of Certified Public Accountants of Uganda (ICPAU) on day one – Sept.3. Kimbowa warned that Uganda’s accounting …

DOHA, QATAR | Xinhua | Israel launched an unprecedented airstrike in the Qatari capital of Doha on Tuesday, targeting a building used by senior Hamas officials in what Israeli authorities described as an attempt to assassinate leaders of the group. The strike took place as Hamas negotiators were discussing a …

JOHANNESBURG, SOUTH AFRICA | Xinhua | Following the announcement that U.S. President Donald Trump will not attend the G20 Leaders’ Meeting in South Africa, experts said his absence will not affect the role or effectiveness of South Africa’s G20 presidency. “The decision doesn’t undermine the credibility of the meeting. Despite …

KINSHASA, DRC | Xinhua | At least 107 people were killed and 146 others went missing after a boat capsized Thursday in the northwestern Democratic Republic of the Congo (DRC), local media reported Friday. According to media reports citing official sources, the accident occurred on the Congo River about 122 …