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Eight African Countries Make Top 10 Diamond-producing Countries Globally

Eight African Countries Make Top 10 Diamond-producing Countries Globally

Eight African nations secured positions within the top ten diamond-producing countries worldwide in 2023, highlighting Africa’s significant contribution to the global diamond industry. Africa is renowned for its wealth in valuable minerals essential for economic development, such as gold, copper, and platinum. The continent holds about 30% of the world’s total mineral reserves, impacting various […]

Decree in Cameroon Unjustifiably Censors Free Speech

Decree in Cameroon Unjustifiably Censors Free Speech

Revoke Decree, Ensure Right to Freedom of Expression It is becoming increasingly difficult to speak freely in Cameroon. In a decree issued on July 16, Emmanuel Mariel Djikdent, the head of the Mfoundi division, where the capital Yaoundé is situated, stated that “anyone who dangerously insults the [state] institutions or the person who embodies them,” could be banned […]

Africa’s Renewable Energy Market Poses US$193-Billion Opportunity By 2031

Africa’s Renewable Energy Market Poses US3-Billion Opportunity By 2031

Innovative funding and robust secondary finance market critical The size of Africa’s investment opportunity in renewable energy represents a potential US$193-billion by 2031. However, realising this potential will require access to innovative funding models and a robust secondary finance market to recycle and widen the available capital pool. This is according to new research from […]

BRICS Expansion And The Shifting Global Order

BRICS Expansion And The Shifting Global Order

By Lisa Ivers, Head of African Operations at BCG As more big emerging markets join the BRICS+ nations, the grouping could give the Global South a greater voice in world affairs and challenge the domination of existing institutions. ·       The ten BRICS+ nations account for half the world’s population and two-fifth of trade—and include major energy […]

How Data Sharing Can Drive Financial Inclusion in Africa

How Data Sharing Can Drive Financial Inclusion in Africa

By Thabo Molefe, Head of Africa Regions at TransUnion NAIROBI, Kenya, 23 July 2024 -/African Media Agency (AMA)/- Despite the access to financial services that mobile money has introduced across Africa, a significant portion of the population remains unbanked and underserved. Data sharing holds the key to unlock the continents vast economic potential. Financial institutions have […]

USAID Provides More Than $69 Million In Humanitarian Assistance For Crisis-Affected Populations In Chad

USAID Provides More Than  Million In Humanitarian Assistance For Crisis-Affected Populations In Chad

Today, White House National Security Communications Advisor John Kirby announced that the United States, through USAID, will provide more than $69 million in additional humanitarian assistance in response to persistent needs of crisis-affected people in Chad, exacerbated by the ongoing conflict in Sudan. The funding announced today will provide vitally needed humanitarian assistance to more […]

Ramaphosa’s Parliamentary Opening Marks a New Era

Ramaphosa’s Parliamentary Opening Marks a New Era

South Africa’s parliament opened its new term under President Cyril Ramaphosa with a notably calm and orderly session, reflecting a new era of political maturity. During the session, Ramaphosa laid out the coalition government’s plans, touching on the economy, job creation, and the high cost of basic goods. The parliamentary opening was the first time […]

Kenya’s President Ruto Retains Six Former Ministers in New Cabinet

Kenya’s President Ruto Retains Six Former Ministers in New Cabinet

Kenyan President William Ruto appointed the first 11 members of his Cabinet on Friday, retaining six former ministers, including those in defense and interior. Ruto had dismissed all but one of his ministers last week to appease protesters who had held demonstrations against his government. These protests, initially against a finance bill proposing new taxes, […]

Kenyan Court Suspends Police Ban on Nairobi Protests

Kenyan Court Suspends Police Ban on Nairobi Protests

A Kenyan high court suspended a police ban on protests in Nairobi, affirming citizens’ right to demonstrate peacefully. Police had initially barred protests indefinitely, citing a lack of leadership to ensure order. The suspension came ahead of a planned protest demanding President William Ruto’s resignation over poor governance. In the announcement banning the protests, Kenya’s […]

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