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Tag Archives: africa

Trade in Eastern Africa yet to grow- AFDB report

Kampala, Uganda | THE INDEPENDENT | Intra-regional trade in the countries in Eastern Africa is still below 10% despite initiatives like East African Community. This is according to a report by the African Development Bank. The Bank in the report said that even the African Continental Free Trade Area has not …

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Uganda to host 2nd Africa Coffee Summit

Kampala, Uganda | THE INDEPENDENT | Delegations from 25 African coffee-producing countries and a number of consuming nations are due to gather in Uganda for the second G25 Africa Coffee Summit (ACS) next month. The 3-day summit organized by the Inter-African Coffee Organisation (IACO) will run from August 7, at the …

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New climate change funds for Africa

How the IMF Resilience and Sustainability Facility and innovative climate finance can lessen challenges COMMENT | ALI MANSOOR & AWA MBAYE | African countries have been encouraged to seek alternative funding schemes to tackle climate change impacts whose effects have been exacerbated by the Covid-19 pandemic, the Russian-Ukrainian war, geopolitical fragmentation, …

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China, Africa vow to strengthen military cooperation

Addia Ababa, Ethiopia | Xinhua | China and the African continent, under the umbrella of the African Union (AU), have vowed to strengthen the already fruitful military cooperation so as to realize their common aspirations toward securing peace and stability in Africa and beyond. This came during a reception marking …

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Now corporates are paving the way for Africa’s education

Corporations in Africa are at the forefront of a transformative revolution aimed at addressing the challenge of rising education costs, particularly in tertiary education, by providing essential resources to foster innovation across the continent. SPECIAL REPORT | BIRD AGENCY | One example of a growing trend in Africa is splashed …

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Trade will liberate Africa from exploitation – Tayebwa

Yaounde, Cameroon | THE INDEPENDENT | The Deputy Speaker of Parliament, Thomas Tayebwa, has challenged African leaders to prioritize unrestricted trade with each other while implementing the African Continental Free Trade Area to avoid the burden of foreign aid. Tayebwa made the observation on Wednesday 19th July 2023 while addressing delegates at the …

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Fresh scramble for Africa’s critical minerals

Africa’s first Critical Minerals Summit sees global powers lining up to secure mineral supplies for the energy transition SPECIAL REPORT | BIRD AGENCY | At least ten global powers are training their eyes on Africa’s critical mineral supplies, according to the organisers of an upcoming event in South Africa. Europe, …

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Mobilising capital for Africa

Second Annual Meeting of Africa Sovereign Investors Forum Kampala, Uganda | AGENCIES | African Development Bank Vice President for Private Sector, Infrastructure, and Industrialisation Solomon Quaynor has called for unity to unlock the potential of African sovereign wealth funds, strategic investment funds, pensions, and life insurance assets, estimated at $2.3 trillion. …

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