Tag Archives: africa

Kampala, Uganda | THE INDEPENDENT | Standard Bank has emerged as the most valuable banking brand on the African continent for 2022 in Brand Finance’s annual ranking of the world’s Top 500 Banking Brands, after increasing its brand value by 26% to USD1.583 billion, the financial institution said in a statement …

Dubai, United Arab Emirates | THE INDEPENDENT |  Standard Chartered Bank has reported its highest operating profit since 2015 in the Africa and Middle East region. It its financial results for the full year and fourth quarter ending 31 December 2021 released Thursday, Standard Chartered reported that operating profit grew to a …

Addis Ababa, Ethiopia | Xinhua |  The ongoing COVID-19 pandemic has amplified the sense of urgency in Africa’s quest towards effective and timely implementation of intra-Africa trade and economic recovery, experts have argued. AFRICA’S ECONOMIC RECOVERY The United Nations Economic Commission for Africa (UNECA) anticipates the African economy to continue …

While Africa looks to accelerate the development of its significant oil and gas resources – particularly as the continent struggles with the impacts of the COVID-19 pandemic and energy poverty crisis – significant investment is needed in the upstream and midstream sectors. Rather than abandon fossil fuels in the name …

Opens a new chapter for African football | CHUKA ONWUMECHILI | As the whistle blew on the final match, it was clear that this year’s edition of the Africa Cup of Nations (Afcon) has gone a long way to define a new chapter for the tournament, establishing it on the …

Why the soldiers want change Kampala, Uganda | THE INDEPENDENT | Military coups and attempted putsches are on the increase on the African continent. And the leaders of African states are nervous. At their latest summit of the African Union (AU) heads of state and government in the Ethiopian capital …

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Military coup fear mounts: Why the soldiers want change THE LAST WORD The Museveni-Mutebile conundrum: Why their opposing views still represent the ideological contention over Uganda’s destiny COMMENTS Let them eat respect?: Why …

With oil and gas production declines presenting newfound challenges for Africa, stakeholders are pushing for enhanced exploration to help mitigate this trend. Despite global calls to transition to renewable energy sources, Africa still needs its oil and gas reserves if it is to meet its development goals and make energy …

Addis Ababa, Ethiopia | Xinhua | Africa welcomes the “generous offer” China is set to provide members of the African Union (AU) to help augment exports in the coming years, a senior official has said. Wamkele Mene, the secretary-general of the African Continental Free Trade Area (AfCFTA), told Xinhua that …

Brazzaville, Congo | Xinhua | With only 11 percent of the population fully vaccinated in Africa, the vaccination rate on the African continent needs to increase six times to meet the 70 percent target set for mid-2022, warned Thursday the World Health Organization (WHO). “The world has finally heard our calls. …