Recent events show that Africa’s dependence on external sources of finance is no longer sustainable. It is time for the continent to develop its own lending institutions | HANNAH RYDER AND OVIGWE EGUEGU | Amid all the distress of the Covid-19 pandemic in 2020, progress on the African Continental Free …
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Opportunities, Challenges, and why full implementation of the historic pact may take years ANALYSIS | THE INDEPENDENT | African countries began officially trading under the new African Continental Free Trade Area (AfCFTA) on Jan.01. It is a flagship project of the African Union’s Agenda 2063 to stimulate intra-African trade. In …
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Chinese foreign minister Wang’s visit to Africa is another missed opportunity to seal deals ANALYSIS | THE INDEPENDENT | Chinese Foreign minister Wang Yi has been on a five-nation tour in Africa that started on Jan.04 and took him to Nigeria, the Democratic Republic of the Congo, Botswana, Tanzania and …
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Chato, Tanzania | XINHUA | The 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) has achieved great success and become a new monument to China-Africa friendly cooperation, Chinese State Councilor and Foreign Minister Wang Yi said Friday. Wang made the remarks at a joint press conference here …
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Addis Ababa , Ethiopia | Xinhua | The African Continental Free Trade Area (AfCFTA) Agreement can potentially position African economies stronger in the face of future global shocks such as the ongoing COVID-19 pandemic, a senior United Nations trade policy expert said on Wednesday. Speaking exclusively to Xinhua, David Luke, Coordinator …
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Covid-19 pandemic has taken a heavy toll on Africa’s airlines, but some analysts suggest that a more streamlined industry offering better services could emerge | CHARLIE MITCHELL | After gaining independence, the old saying went, African countries first needed a currency, then an anthem, then an airline. Currently, airlines – …
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After lockdown, Uganda, Ghana and Senegal show early recovery signs Kampala, Uganda | RONALD MUSOKE | Dozens of African countries will experience subdued economic recovery next year, according to predictions shared by experts at a recent roundtable organized by the Nairobi-based Africa Trade Insurance Agency. The annual roundtable event which …
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Kampala, Uganda | THE INDEPENDENT | Africa’s leading philanthropy, Tony Elumelu Foundation (TEF) has partnered with the European Union to identify, train, mentor and fund 2,500 young African women entrepreneurs in 2021. The partnership will disburse €20 million in the financial and extend technical support for women-owned businesses, across all …
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It will depend on its ability to mobilise resources – Adesina | THE INDEPENDENT | Africa’s recovery from the COVID-19 pandemic will depend on the continent’s ability to mobilise resources, according to African Development Bank (AfDB) President Akinwumi Adesina. Adesina was on Dec.10 speaking during Nobel Week Dialogue, a prelude …
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Nairobi, Kenya | Xinhua | Many African countries have demonstrated commitment to achieving universal health coverage (UHC) amid disruptions triggered by the COVID-19 pandemic, a World Health Organization (WHO) official said on Saturday during the Universal Health Coverage Day. Matshidiso Moeti, WHO Regional Director for Africa said that universal health coverage …
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The Independent Uganda: You get the Truth we Pay the Price
