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On Friday, Morocco’s bourse regulator AMMC anounced that CMGP Group won approval to launch an initial public offering on the Casablanca stock exchange. The irrigation systems firm aims to raise $110 million through this offering, which includes a capital increase and a shares sale, AMMC said in a statement. The subscription period will run from […]
...Diamonds make up about 80 percent of the southern African country’s foreign earnings. “The decline in diamond revenues by over 60 percent in recent years is a clear signal that we can no longer afford to depend on a single commodity,” President Duma Boko said. Boko’s government aims to attract investors to high-potential sectors such […]
...Officials say electricity generation will begin 2034, officials from the Nuclear Power and Energy Agency (NuPEA) said at a parliamentary hearing last week. While Kenya has been laying the groundwork for nuclear energy for several years, the realism of the timeline for construction is questionable, given that it is yet to complete detailed plans or […]
...Licensed by the Bank of Zambia to operate a wallet, DigMo offers a secure, free digital money account with a special account for users to play a “financial planning game” which incentivises customers to get started putting money away for the future. By giving customers the chance to win big rewards, the startup says it […]
...Investigate Excessive Use of Force during Post-Election Protests The Southern African Development Community (SADC) should publicly condemn the Mozambican authorities’ excessive use of force against postelection protesters, Human Rights Watch said today. Since the protests began on October 24, 2024, Mozambican security forces have been implicated in killing at least 30 people throughout the country […]
...As part of the challenge organised by France’s Defence Innovation Agency (AID) to detect images created by today’s AI platforms, the teams at cortAIx, Thales’s AI accelerator, have developed a metamodel capable of detecting AI-generated deepfakes. The Thales metamodel is built on an aggregation of models, each of which assigns an authenticity score to an […]
...Summary Researchers from Target Malaria have published a new mathematical modelling study evaluating the potential impact of gene drive technology on malaria incidence in West Africa.The study projects that gene drives could reduce mosquito malaria vector populations by 71% to 98%, leading to significant decreases in malaria cases — at least 60% more clinical cases […]
...by Ebenezer Obadare Africa has a governance crisis, not a debt crisis. When Pope Francis addressed a Vatican conference on “the Debt Crisis in the Global South” in June, he pulled no punches in decrying a problem that he blames for “causing misery and distress, and depriving millions of people of the possibility of a dignified future.” To […]
...The Africa Energy Indaba is set to be a pivotal event in 2025, advancing the African energy and utilities sectors through meaningful discussions, partnerships, and networking opportunities. Scheduled from March 4-6 in Cape Town, the Indaba will bring together influential stakeholders, policymakers, industry experts, and investors to address Africa’s energy challenges and identify sustainable solutions to ensure […]
...Authors: Desta Lakew, Group Director, Partnerships and External Affairs, Amref Health Africa; and Alvin Tofler Munyasia, AGNES Climate Fellow African nations are at a crossroads, facing unsustainable debt burdens, high climate adaptation and development needs, and at the centre of these, a cry from young people who are impatient for change and, increasingly, letting their […]
...WASHINGTON, USA, 22th November 2024 -/African Media Agency(AMA)/- Increasing exposure to extreme heat, droughts, and floods pose serious risks to livelihoods in Djibouti as well as for the country’s long-term economic growth. Without swift action, Djibouti could lose up to 6 percent of its GDP annually by 2050, equal to nearly four years of today’s […]
...Military coups are on the rise in Africa, with recent takeovers in Mali, Niger, Burkina Faso, Sudan, and Guinea. These regimes suppress dissent and the media, often justifying their actions as necessary for public safety. While some see external influences, particularly Russia, as driving this shift, others attribute it to long-standing issues like corruption and […]
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