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- Trump tariffs sting set to ruffle several economies in Africa
- Africa Energy Bank secures key backing from Nigeria, Angola and Ghana
- AIM Congress 2025 gets a boost as International Development Bank signs on as gold sponsor
- African energy: Opportunities and challenges presented by Russia’s investments
- Africa’s smart farming push—a revolution or a mirage?
- BRICS summit in Brazil to focus on global governance reform
- Dedollarization: BRICS take on Trump and mighty dollar
- Trump’s second term: A rare opportunity for real African energy independence
Africa
- The trio’s capital boost represent 44% of the minimum funds required from oil producing countries in Africa.
- Africa Energy Bank seeks to fund oil and gas projects across economies in Africa, plugging gaps that exists through the continent’s overreliance on financiers from the West.
- Quite often, financiers from the west are reluctance to pump billions in fossil fuel projects in Africa citing environmental concerns.
The push to better finance capital intensive projects in Africa has received a boost after Nigeria, Angola and Ghana contributed their capital shares to the Africa Energy Bank. In an update on Wednesday, the African Petroleum Producers Organization (APPO) said the trio’s contributions represent 44 per cent of the minimum capital that is required from oil producing countries in the continent.
According to APPO Secretary General Dr. Omar Farouk, the Africa Energy Bank seeks to fund oil and gas projects across economies in Africa, helping to …
- Russia’s leading energy giants including Gazprom and Rosatom are rapidly expanding their influence across the continent.
- The African Energy industry is experiencing industry engagements—spanning oil, gas, and nuclear sectors powered by Russian firms.
- But beneath the surface of these high-profile deals lies a complex web of opportunities and challenges that will define Africa’s energy future.
The business case presented by African energy is increasingly attracting moneyed suitors. This billion-dollar opportunity has placed the continent at a pivotal moment in its energy evolution. As global powers jostle for influence, Russia is increasingly emerging as a key player, pivoting on its energy expertise to forge strategic partnerships across the continent.
According to the African Energy Chamber (AEC) Russia’s engagements—spanning oil, gas, and nuclear sectors—are reshaping the African energy industry. But beneath the surface of these high-profile deals lies a complex web of opportunities and challenges that will define Africa’s energy future.
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- UAE’s Ministry of Tolerance and Coexistence has announced the 3rd edition of the “World Governments as Incubators for Tolerance” Conference at AIM Congress 2025.
- The forum will deliberate on effective frameworks and mechanisms for embedding a culture of tolerance as a foundational element in constructing stable and sustainable societies.
- Delegates to engage on how to foster mutual understanding and respect in tackling global challenges, including inequality and social unrest, often stemming from cultural disparities and ideological divides.
In its ongoing commitment to fostering global values of tolerance and coexistence, the Ministry of Tolerance and Coexistence is set to organize the third edition of the “World Governments as Incubators for Tolerance” conference.
Under the theme “A Balanced Approach to Prosperity,” this event will convene during the second day of the AIM Congress 2025, scheduled from April 7 to 9 at the Abu Dhabi National Exhibition Centre (ADNEC).
The …
- Through various AfDB financing programmes across Africa, a total of 61M people have gained access to clean water since 2015.
- Another 33M people have benefited from improved sanitation while 46M Africans have gained access to ICT services, even as 25M people gained access to electricity.
- Next up for AfDB is the push to connect 300M Africans to electricity by 2030, and measure Africa’s vast green wealth as part of the continent’s GDP.
The African Development Bank (AfDB) positively impacted over 515 million lives over the past 10 years, the lender’s President Dr. Akinwumi Adesina has revealed. While addressing Heads of State and Government at the just concluded 38th session of the African Union Summit, Dr. Adesina said the bank has positively impacted 231 million women during the decade under review.
While sharing his scorecard before the august gathering, Dr. Adesina noted that AfDB‘s initiatives have led to 127 million …
- Sudan is accusing Kenyan government of violating the principles of good neighbourliness by hosting US-sanctioned Rapid Support Forces (RSF) meeting.
- Nairobi now stands accused of endorsing continued perpetration of genocide, massacre civilians on an ethnic basis, attack on IDP camps, and acts of rape by RSF.
- Khartoum is also accusing authorities in Kenya of encouraging the division of African countries.
The simmering tensions between Kenya and Sudan have taken a dramatic twist after Nairobi allowed a key event for the political group aligned with sanctioned Rapid Support Forces (RSF) to proceed on Tuesday. US-sanctioned RSF has been fighting the Sudanese army for the control of the country for over a year now.
On Tuesday, authorities in Nairobi gave the greenlight for a key meeting by RSF leadership to proceed at the Kenyatta International Conference Centre. This event was a precursor towards the establishment of a new political group drawing together …
- Looters have wiped out with an estimated 7,000 tonnes of critical humanitarian food supplies in Bukavu City.
- Bukavu, the second largest city in DRC fell to Rwanda-backed M23 rebels at the weekend just weeks after the militia took over Goma in the escalating conflict that worsened in January.
- According to aid organizations, the war in eastern DRC has caused a shortage of humanitarian routes and is now threatening the smooth delivery of essential services in the mineral-rich region.
Food aid in the Democratic Republic of Congo (DRC) took a devastating hit over the weekend, with 7,000 tonnes lost to looting, further deepening the crisis as M23 rebels escalate their attacks. The UN World Food Programme (WFP) has condemned the looting of thousands of tonnes of relief supplies in the city of Bukavu in the eastern DRC after Rwanda-backed M23 rebels swept in at the weekend, reportedly meeting …
- Afrobarometer survey shows that most countries have lost the gains they had recorded in poverty reduction between 2000 and 2015.
- An estimated 81% of the people report going without a cash income while 66% lack medicine or medical care.
- Data from 39 African countries surveyed in 2021/2023 suggests that increased corruption may play a role in resurgent lived poverty.
A growing number of Africans are trapped in the crushing grip of poverty, with the latest Afribarometer survey revealing a sharp rise in populations struggling to afford food and other basic necessities. The survey indicates that severe deprivation has reached its highest average level in 25 years.
Afrobarometer survey shows that most countries have lost the gains they had recorded in poverty reduction in the first decade and a half of the 21st century. The Afrobarometer is a Pan-African, non-partisan survey research network that provides reliable data on African experiences and …
- WHO Chief faults Trump’s suspension of funding to PEPFAR, the President’s Emergency Plan for AIDS Relief, noting that it has caused immediate stop to HIV treatment, testing and prevention services in 50 countries.
- With the immediate halt of U.S. aid plan, ongoing prevention programmes for at-risk groups disrupted as clinics close, sending thousands of health workers home.
- For decades, economies across Sub-Saharan Africa have pivoted on USAID to drive critical health interventions and humanitarian relief.
The World Health Organization (WHO) has sounded the alarm over looming negative impact on several critical health initiatives in Africa including HIV, malaria, and Tuberculosis (TB) across the world following the withdrawal of financing by the U.S. under President Donald Trump’s new administration.
In an update on Tuesday, WHO Director-General Dr. Tedros Adhanom Ghebreyesus noted that economies across Africa and beyond risk plunging into disruptions to ongoing HIV treatment plans, while also suffering setbacks on …
- USAID was established in 1961 by US President John F Kennedy.
- The charity arm has over 10,000 global employees and spends $40 million in humanitarian support.
- Trump, Musk allege USAID is run by “radical left lunatics” getting away with “tremendous fraud.”
A notice placed on the USAID website that announces to all its global staff, over 10 000 personnel, the commencement of an administrative leave this Friday.USAID, a giant charity arm of the US government is being dismantled by U.S. President Donald Trump. This decision is set to sent shockwaves across the world as it comes after almost a century of USAID operations. Established in 1961 by President John F Kennedy, USAID has over the years assumed a huge role in humanitarian affairs across Africa, but under Trump, the organization is now unceremoniously been drugged through the dirt.
Its over 10,000 employees will either be laid off or reassigned and …
