As Conference of the Parties (COP28) Wraps Up, We Must Remember, Aid to Africa Is (Still!) Not the Answer (By NJ Ayuk)
By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). There was an era when Africa and Western pop music were closely linked. Western entertainers spearheaded a number of internationally renowned events to raise awareness about the plight of starving Africans and generate funds for famine relief. In December 1984, the supergroup Band Aid sang about […]
African Countries Should Reject Anti-Fossil Fuel Policies at Conference of the Parties (COP28)
With COP 28 set to conclude in the coming days, a COP where African countries fiercely defended the role oil and gas plays across the continent, it has become clear that developed nations seem committed to phasing out fossil fuels, advocating for an anti-fossil fuel energy transition that does not take into account the needs […]
Launch of Islamic Corporation for the Development of the Private Sector (ICD) – London Stock Exchange Group (LSEG) Islamic Finance Development Report 2023: Navigating Uncertainty
Green and sustainability Sukuk represents a key theme at COP28; Global ESG Sukuk issuance totaled US$8.4 billion in 2022; Growth of total Islamic finance assets by 11% to US$4.5 trillion in 2022; Malaysia, Saudi Arabia, and Indonesia lead Islamic finance development; US$788 billion total global Sukuk outstanding last year; Multiple growth channels to drive Islamic finance industry forward. The Islamic […]
African Development Bank approves $66 million loan for equity enhancement of Tanzania Agricultural Development Bank
The African Development Bank Group’s (www.AfDB.org) Board of Directors has approved a $66 million loan to the government of Tanzania for additional equity in Tanzania Agricultural Development Bank (TADB). The financing will enable TADB to strengthen its capital and enhance the structure and effectiveness of financial and non-financial services it offers to entrepreneurs in the […]
Greening Education: Education Paying Highest Cost For Ongoing Climate Crisis
It is a global catastrophe of astounding proportions that millions of children are on the run today, forcibly displaced from their homes. As conflict and climate change increasingly become the most pressing challenges facing the world now, the number of displaced children has doubled in the last decade alone, reaching a record high of 43.3 […]
South Africa: African Development Bank approves $1 billion guarantee from the United Kingdom to support SA’s Just Energy Transition
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $1 billion guarantee program in collaboration with the UK Foreign Commonwealth and Development Office (FCDO), which will allow the Bank to increase its lending capacity in support of South Africa’s Just Energy Transition (JET). Developed in close collaboration with the government […]
Amid rising corruption, most Africans say they risk retaliation if they speak up, new Afrobarometer Pan-Africa Profile reveals
A majority of Africans say that corruption in their country is rising, that their government is failing in its efforts to fight it, and that ordinary citizens risk retaliation if they report corruption to the authorities, Afrobarometer’s (www.Afrobarometer.org) latest Pan-Africa Profile (https://apo-opa.co/41k8N4i) reveals. Download document (1): https://apo-opa.co/3NmOey6 Download document (2): https://apo-opa.co/3RDm193 Released ahead of International Anti-Corruption Day […]
Rugby: South Africa get the party started at HSBC SVNS in Cape Town
The opening day of HSBC SVNS in Cape Town witnessed the very best of rugby sevens with the top 12 men’s and women’s teams in the world showcasing their talents and feeding off the vibrant energy emanating from the stands at the DHL Stadium. There were fireworks on and off the pitch as the new […]
Statement of International Criminal Court (ICC) President, Judge Piotr Hofmański, for Human Rights Day
Today, the International Criminal Court (“ICC” or “the Court”) (www.ICC-CPI.int) joins the world in marking Human Rights Day. The Universal Declaration of Human Rights, adopted on this day by the United Nations in 1948, turns 75 this year. It is an important milestone in the protection of human rights worldwide. This year’s theme, “Dignity, Freedom, […]
