Op-Ed: Why Africa Needs to Find Solutions to its Own Problems
By Sola Adegbesan, Head of Sales, Africa Regions and International, Global Markets | Standard Bank JOHANNESBURG, South Africa, 4 September, 2023 -/African Media Agency(AMA)/- Africa, the second-largest continent and home to 1 billion people, has long captured the imagination of the world. Today, different thinkers, political and business leaders are preoccupied with a single question – […]
African Energy Chamber Urges Gabon To Protect Oil & Gas Assets Amid Political Coup
The African Energy Chamber is calling for the security and safety of energy operations and personnel, citing disruptions to the industry as an attack on economic progress The African Energy Chamber (AEC) (www.EnergyChamber.org) urges political and military players in Gabon not to interfere with the country’s oil and gas assets and operations, as tensions rise […]
African Development Bank Embraces ‘Risky’ Entrepreneurs: Young Fishers In Senegal Increase Their Incomes Threefold And Turn Their Backs On Illegal Immigration
The Project to Support and Enhance the Entrepreneurial Initiatives of Women and Young People focuses on training, support for formalising businesses, funding and post-funding follow-up with the beneficiaries to ensure that interventions are sustainable Launched in 2020, the Project to Support and Enhance the Entrepreneurial Initiatives of Women and Young People (PAVIE) (https://apo-opa.info/44tUHxa) implemented in Senegal, […]
Afreximbank And China Development Bank Sign US$400-Million Loan To Support African Small And Medium-Sized Enterprises (SMEs)
Speaking after the signing, Prof. Oramah pointed out that African SMEs continue to struggle to access adequate and affordable financing for growing their businesses The China Development Bank (CDB) today in Cairo signed a development-focused agreement to provide the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) with a US$400-million term loan facility to support the financing of […]
Powering Change – Africa’s Energy Transition
Africa.com’s Climate Change series in line with Africa Climate Week taking place from 4-8 September 2023 in Nairobi – Africa stands at the brink of a transformative energy shift, as the continent seeks to address its energy needs while reducing its carbon footprint. The drive towards a sustainable and equitable energy landscape is steering Africa’s energy transition. […]
How to Help Africa’s Economy Grow so it can Trade with the World on Better Terms?
The answer is simple: Africa needs to craft its own solutions to solve its problems. It starts with the promotion of a mindset of self-reliance. There’s no better way of expressing that self-sufficiency than creating innovative financing solutions to fund projects that could lead to sustainable economic growth in all the continent’s 54 African countries. […]
The First Africa Climate Summit Opens
The first African Climate Summit opened with heads of state and others asserting a stronger voice on a global issue that affects the continent of 1.3 billion people the most, even though they contribute to it the least. Kenyan President William Ruto’s government and the African Union launched the ministerial session on Monday while more […]
Netanyahu says He Wants African ‘Infiltrators’ Out of Israel after Sunday’s Fighting in Tel Aviv
Many Eritreans, some supporting the country’s government and others opposing it, have fought on the streets of Israel. More than 100 people, including several dozen police officers, were injured during the fighting, but no deaths were reported. Thousands of Eritreans have arrived in Israel, many fleeing harsh conditions in their home country. Eritrea has been […]
Ramaphosa says Claims Levelled against South Africa by a US Diplomat Tarnished its Image
President Cyril Ramaphosa said there’s no truth to the damaging allegations that South Africa illegally exported arms to Russia when the vessel Lady R docked in Simon’s Town. In May, United States (US) ambassador to South Africa Reuben Brigety claimed that weapons and ammunition were laden onto a Russian cargo ship that docked near a […]
Global Banks are Funding Projects that Worsen the Climate Crisis in Africa
According to a recent report, big global banks, including those in Europe, the Americas, and Asia, are a big part of the problem regarding the climate crisis in Africa. The report, titled “How the Finance Flows: The Banks Fueling the Climate Crisis,” revealed that these banks consistently provide funds for projects that worsen the climate […]
