Africa
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News
China to release RMB 360bln to Africa in next three years
KAMPALA, September 5, 2024 – In a significant move to bolster China-Africa relations, China has announced it will provide RMB 360 billion [about US$ 50.7bln] in financial support to African nations over…
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Make Domestic Resource Mobilisation Work for Africa’s Structural Transformation
By Adamon Mukasa and Anthony Simpasa KAMPALA, August 31, 2024 — The implementation of the United Nations’ Agenda 2030 for sustainable development and the African Union’s Agenda 2063 hinges on Africa’s ability…
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Ugandan diplomats urged to promote country abroad
JINJA, August 28, 2024 – Ramathan Ggoobi, Finance Ministry’s Permanent Secretary and Secretary to the Treasury [PSSST] today called on diplomats/ambassadors attending their annual retreat at the Civil Service College in Jinja…
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Uganda’s export earnings drop 23 Percent in June
KAMPALA, August 27, 2024: Uganda’s export earnings for June 2024 totaled US$ 718.60 million, marking a 23.6 percent decrease from US$ 940.93mln in May 2024, according to the Performance of the Economy…
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African faith leaders demand reparations from Gates Foundation for green revolution’s harm
KAMPALA, August 26, 2024 – African faith leaders, supported by hundreds of civil society and farmer groups, are calling on the Gates Foundation to provide reparations for the significant damage caused by…
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Embracing innovation and sustainability for future growth in the African mining sector
JOHANNESBURG, August 20, 2024 – The African mining sector is poised for a transformative era driven by technological innovations, sustainability imperatives, and global demand for critical raw materials [CRMs]. As the world…
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WHO declares Mpox outbreak public health emergency of international concern
GENEVA, August 15, 2024 – WHO Director-General Dr Tedros Adhanom Ghebreyesus has determined that the upsurge of mpox in the Democratic Republic of the Congo [DRC] and a growing number of countries…
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IFFs hamper Uganda’s development, economists speak out
KAMPALA, August 12, 2024 – Illicit financial flows [ IFFs ] continue to stand in the way of Uganda’s economic growth, and development, according to some economists, and policy analysts. According to…
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Global annual coffee exports up 3. 8 percent
KAMPALA, August 6, 2024 – Global green bean exports in June 2024 totalled 9.78 million bags, as compared with 9.43mln bags exported in the same month of the previous year, up 3.8…
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AfDB invests US$ 20mln in infrastructure fund to catalyse continental development
ABIDJAN, August 2, 2024 – The African Development Bank [AfD] has signed a US$ 20 million equity investment in the African Infrastructure Investment Fund 4 [AIIF4]. The deal, signed on 31 July…
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