Trending
- Technology trends that will revolutionize Africa in 2023
- Kenya’s Equity Bank completes acquisition of Spire Bank
- Nigeria’s Union Bank gets $30Mn loan from IFC to lend to SMEs
- African countries open to cheaper flights to boost domestic travel
- Majority of Kenyans buy from companies with distinctive branding – Report
- Tapping into the potential of Africa’s music industry
- Breaking the Cycle: Strategies for Managing Black Tax
- US and Mozambique Agree on Key Components of Mozambique Compact
United States News
Africa is a budding continent. A resource-rich continent with a young population and one of the highest growth rates. The continent has a 1.2 billion large market and an increasing middle to upper-middle class. Conflict is not as prominent as yesteryear, and though still trudging slowly, democracy is on the rise on the continent.
The continental focus is on strengthening trade, improving infrastructure, health, and building on the past decade’s growth towards Agenda 2063. A part of Africa’s expansion is partnering through trade initiatives to overshadow the legacy of aid.
The United States has been a part of pushing this agenda forward. Holders of the top job in America have, in one way or the other created an Africa-specific program in infrastructure, health, and other developmental programs. Programs that extend beyond aid like AGOA and ProSper Africa proved to be a step in the right direction.
Continuing on programs such …
The US-Nigeria relations is expected to grow even stronger after the United States expressed its strong support for the Nigerian candidate in the contest to lead the World Trade Organization.
Former Nigerian finance minister Ngozi Okonjo-Iweala has attracted broad support from member countries in the race for Director-General, with US being the latest to throw her weight behind her candidature.
The endorsement paves the way for unanimous agreement on the post, which has remained vacant for months.
Former President Donald Trump’s administration had backed South Korean trade minister Yoo Myung-hee, preventing a consensus.
However, Yoo on Friday announced her withdrawal from the race.
The US Trade Representative then proceeded to issue a statement saying the administration respects her decision to pull out.
If it is approved, the appointment of Okonjo-Iweala will fill the top post of the global trade watch dog for the first time since last September, after the …
Tik-Tok and We Chat Now Banned in the United States.
The US has banned the popular video challenge App Tik Tok along with the mobile payment platform WeChat, citing home security threats.
In a move that was widely unexpected, despite the mounting Sino-US trade tensions. Tik Tok is very popular in the US (and around the world) and wracks in millions in advertisements and fees.
As of tomorrow (Sunday 20th, 2020) We Chat will be shut down in the US but Tik Tok will have some leeway all the way to November. Should the supposed threat be neutralized before then, then the US will lift the ban, China has been informed.
Explaining the ban, Commerce Secretary Wilbur Ross said “The Chinese Communist Party has demonstrated the means and motives to use these apps to threaten the national security, foreign policy, and the economy of the US.”
Home security threat …
