Monday, June 17, 2019
President Nana Addo Dankwa Akufo-Addo has posited that the story of Africa’s hitherto inability to develop is primarily the story of bad governance and our damaging colonial heritage. Speaking at a high level Africa round-table meeting on the UN Sustainable...
On Wednesday, 15 November 2017, COP23 will celebrate Africa Day, a joint initiative of the African Development Bank (AfDB), the African Union Commission (AUC), the United Nations Economic Commission for Africa (ECA) and the New Partnership for Africa's Development...
President Mokgweetsi Masisi wants to increase foreign investment and create more jobs for almost one in five people. Botswana’s new leader wants to shrink the civil service, sell state companies and cut red tape as he targets increased foreign investment. President...
If American, Japanese, and emerging economies’ policymakers had hoped to pressure the World Bank and International Monetary Fund (IMF) to drop their policies of refusing to fund coal power projects, they were ultimately disappointed. Instead, the World Bank and...
LUANDA, Jan 11 (Reuters) – Moody’s assumes the Angolan government does not intend to default on its debt after ambiguous wording in official statements, the ratings agency said in a research report. Angola this month unveiled plans to restructure its...
South Africa’s plan to rejig 32.4 billion rand ($2.3 billion) of spending to boost economic expansion is unlikely to significantly alter the nation’s growth trajectory, Fitch Ratings Ltd. said. Finance Minister Tito Mboweni announced measures to allocate funds to “faster-spending...
The government on Tuesday re-affirmed its commitment to renewable energy as part of the country’s energy mix while dodging any mention of its plans for nuclear energy. Energy minister Jeff Radebe delivered a keynote address at the African Utility Week...
The global economy will confront serious challenges in the months and years ahead, and looming in the background is a mountain of debt that makes markets nervous – and that thus increases the system's vulnerability to destabilizing shocks. Yet...
Ethiopia’s state-run telecoms monopoly has agreed to allow some local firms to provide internet services through its infrastructure, a move seen as spurring competition and expanding the data market, officials said. Ethio Telecom has more than 16 million subscribers of...
Ethiopian officials, who have earmarked some 11.5 million hectares (28.5 million acres) of land for overseas firms to invest in agriculture, say Karuturi failed to make adequate progress on the land. Activists say neither side addresses the more critical issue...
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