What Is The BRICS Group And Why Is It Expanding?
As BRICS grows in both membership and global sway, its expansion comes with divisions among its members old and new on how to set the stage for a revised world order. The countries that comprise BRICS—which stands for Brazil, Russia, India, China, and South Africa, and now five new members—are an informal grouping of emerging […]
BasiGo Secures $42 Million In Funding To Scale Public Transport Electrification In Sub-Saharan Africa
BasiGo, the leading provider of electric bus solutions in sub-Saharan Africa, has today announced the successful closing of a US$42 million in new capital. The funding round consists of US$24 million in Series A equity funding along with US$17.5 million in debt facilities from British International Investment (BII) and the U.S. Development Finance Corporation (DFC). […]
Roselyn Spencer Is Second Keynote For 11th Angel Fair Africa
Roselyn Spencer, Former Chief Investment Officer of the $3B Baltimore City Employees & Elected Official’s Retirement Pension Fund will be the second keynote for the highly anticipated 11th Angel Fair Africa from 7th to 8th of November 2024. During her tenure, she successfully diversified the fund’s portfolio across major asset classes, positioning the funds to […]
The Role Of AI In Detecting, Monitoring, And Preventing Payments Fraud
By Rufaida Hamilton, Standard Bank’s Head of Payments in South Africa The promise of AI and the beauty of large language models sets radical expectations in how banks can improve overall payment experiences for customers. This technology is re-orienting the way financial institutions, and payment service providers operate, and its advocates have identified (not without […]
Experts Plan To Protect One Of The Rare Pristine River Sources In Southeast Angola
Conservation experts are exploring ways to protect the thriving, pristine sources of some of Africa’s most iconic rivers in Southeast Angola, to maintain their condition for the benefit of nature and communities in the region. The origins of these rivers, include the Cubango-Okavango, Cuando, and Zambezi Rivers in the highlands of Angola. The basins are […]
Air Peace At 10: Allen Onyema Shares Reasons For Setting Up Airline
LAGOS, Nigeria 25 October 2024-/African Media Agency (AMA)/– In an interview, Onyema said that while growing up he never thought of going into airline business. He revealed that at younger age, he had passion for philanthropy and was advised by his father to establish a business that would provide jobs for a lot of people instead […]
Life Expectancy Soars in Africa: Algeria Tops List with 77 Years
Africa has made significant strides in life expectancy over the past two decades, with an average increase of 10 years per person, according to the United Nations. This improvement reflects efforts to improve health and well-being across Africa. In the UN’s 2022 World Population Prospect report, Algeria leads the continent with a life expectancy of […]
African Leaders Push for Global Reform at BRICS Summit
African leaders attending the ongoing BRICS summit in Kazan, Russia, have advocated for reforms to international institutions, emphasizing the need for a fairer global system based on justice and equity. Abdel Fattah el-Sisi, Egypt’s president, highlighted economic challenges such as debt and funding shortages that hinder developing countries’ growth. He stated that his country is […]
Botswana Election: President Masisi and Three Challengers Battle for Presidency
Botswana’s national election on October 30 will see incumbent President Mokgweetsi Masisi of the Botswana Democratic Party (BDP) face three challengers who will be looking to upstage him. Masisi, in power since 2018, seeks a second term and is the favorite, bolstered by a new diamond sales deal with De Beers. However, his tenure has […]
Commonwealth Leaders to Push for Slavery Reparations Despite the UK’s Stance
Commonwealth leaders are preparing to defy the UK by pushing for discussions on reparatory justice for the transatlantic slave trade at the upcoming summit in Samoa. While Downing Street insists reparations are not on the official agenda, diplomatic sources suggest that a draft agreement is being negotiated to initiate meaningful conversations and further research on […]
