African governments say delay in enforcing the MLC hampers their revenue collection targets Kampala, Uganda | RONALD MUSOKE | Following the recent publication of an international treaty that seeks to make global tech giants and other large multinational corporations pay more tax where they do business, the Organisation for Economic Cooperation …
Read More »Kagame’s new role in Africa
Why ‘coup leaders’ are trooping to Kigali Kampala, Uganda | IAN KATUSIIME | A visit by Gabon’s transitional leader, General Brice Oligui Nguema, to Kigali, capital of Rwanda, on Oct. 16 could not go unnoticed. Nguema who came to power in a coup three months ago was beaming and looking like …
Read More »Africa Oil Week
Kampala, Uganda | THE INDEPENDENT | Africa must set the terms and the time frames of its own energy transition. This was the message of South African Deputy President Paul Mashatile as he delivered the keynote speech at the African energy event dubbed Africa Oil Week. “We recognise the need to …
Read More »World Bank/IMF return to Africa
Given cautious welcome as questions linger remain over unfulfilled promises ANALYSIS | CARLOS LOPES | The annual meetings of the World Bank and International Monetary Fund (IMF) are due to take place in Marrakech, Morocco, in mid-October. The city and country are still reeling from a devastating earthquake in early September. …
Read More »Natural resource-backed loans a disaster for Africa-IMF
Africa is grappling with mounting debt crisis, with total external debt surpassing the US$1 trillion-mark last year Kampala, Uganda | RONALD MUSOKE | Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has publicly endorsed the recent call by the African Development Bank Group, urging African governments to refrain …
Read More »How Africa-based banks are structuring global transactions
The case of Bank One, part of I&M Group PLC ANALYSIS | AGENCIES | Thavin Audit, Acting Head of International Banking, Bank One, talks about the key role that Mauritius-based banks are playing in Africa by structuring transactions through their international banking divisions to shape investor interest and channel funds towards …
Read More »Africa eyes greater say, more agency with added IMF, World Bank board seats
Africa is to gain additional seats on the influential boards of the International Monetary Fund (IMF) and World Bank, elevating the region’s clout in global finance governance. This comes as African nations look to carve out space to act with greater agency and self-determination, both in continental and world affairs. …
Read More »Ugandan doctors win Africa Young Innovators for Health Award
HEALTH NEWS | AGENCIES | The International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) and Speak Up Africa have announced the winners of the second edition of the Africa Young Innovators for Health Award. Teniola Adedeji (Nigeria) and Dr. Moses Ochora (Uganda) have been announced as first prize winners and Nura …
Read More »World Bank and IMF return to Africa, but questions remain
Imposing a uniform policy approach on African countries has only worsened crises, limiting their policy space ANALYSIS | CARLOS LOPES | The annual meetings of the World Bank and International Monetary Fund (IMF) are due to take place in Marrakech, Morocco, in mid-this month. The city and country are still reeling …
Read More »Advancing Vaccine Manufacturing: African nations need to collaborate to boost pharmaceutical production
Kampala, Uganda | THE INDEPENDENT | Civil society organizations, government representatives, and the private sector convened at a high-level policy symposium in Kampala on September 27-28 to address the critical issue of pharmaceutical production and access in Africa. The symposium aimed to explore ways to increase local production, reduce dependence on …
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