Africa
-
Trident Energy’s Republic of Congo oil field acquisition lauded as key step forward
JOHANNESBURG, April 28, 2024 – Oil and gas company Trident Energy has secured agreements with multinational energy companies Chevron and TotalEnergies to obtain stakes in the Republic of Congo’s oil fields. The…
Read More » -
Bundibugyo cocoa farmers reap big as prices shoot up
BUNDIBUGYO, April 26, 2024 – Cocoa farmers in Bundibugyo district are reaping big from the crop as prices rise to between Shs 25,000 to Shs 31,000 per kilogramme which farmers say has…
Read More » -
AFSA officially launches “Seed Is Life” campaign to uphold farmer-managed seed systems
KAMPALA, April 26, 2024 – The Alliance for Food Sovereignty in Africa [ AFSA ] has launched its “Seed is Life” campaign, an initiative aimed at promoting farmer-managed seed systems [FMSS] and…
Read More » -
Africa’s US$ 824bln debt burden and opaque resource-backed loans hinder its potential, AfDB boss warns
WASHINGTON, D.C, April 24, 2024 – Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, African Development Bank President Dr Akinwumi…
Read More » -
WNA to showcase Southern Africa’s nuclear prospects at IAE 2024
KAMPALA, April 22, 2024 – Director General of the World Nuclear Association [WNA] Dr. Sama Bilbao León will speak at the Invest in African Energy [IAE] Forum in Paris this May, unpacking…
Read More » -
Partners combat money laundering and terrorism financing in Africa through new project
DAKAR, April 19, 2024 – The African Development Bank [AfDB] and the Inter-Governmental Action Group against Money Laundering in West Africa [GIABA] on Thursday officially launched a three-year support project to combat…
Read More » -
New partnership aims to connect 300mln to electricity by 2030
KAMPALA, April 18, 2024 – The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by…
Read More » -
The business of water: Addressing Africa’s growing thirst
KAMPALA, April 16, 2024 – Water scarcity poses a significant hurdle to Africa’s growth and development, with climate change and deteriorating infrastructure intensifying the challenges. South Africa’s recent water crises, where about…
Read More » -
Ugandan diplomat says country has enough food stocks to support drought-hit States in Southern Africa
LUSAKA, April 15, 2024 – Drought-hit COMESA Member States in the southern African region can benefit from Uganda’s bumper harvest, according to Gen. Fred Mwesigye [Rtd.], the country’s newly accredited Permanent Representative…
Read More » -
African economies to grow by 3.4 percent in 2024-report
KAMPALA, April 9, 2024 – Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt…
Read More »