Browsing: Africa

• International aid and loans to Africa are based on a false (mathematical) statement; Africa needs development aid – False.
• Net financial flows to African countries dropped 18% (2020/22) -True.
• Africa paying more to service debts than development aid it recieves – True.

U.S. President Donald Trump’s aid cuts will fatally affect developing countries where millions of people rely on the aid for their livelihoods at a time when huge debt servicing costs pose even worse effect on their lives. “Analysis also finds growing debt service payments are rapidly outpacing aid and investments in all developing countries,” reveals a One Campaign report.

Titled, ‘Net finance flows to developing countries turned negative in 2023’ the report warns that; “Developing country debt levels have more than doubled since 2009, and the cost of servicing that debt has skyrocketed.” According to the report; “African countries are projected to spend $81 billion on debt …

• Stryk Global Diplomacy picked to spearhead talks on oil and gas between Africa and U.S. President Donald Trump.
• The deal aims at ensuring that Africa’s energy interests are well represented in U.S. legislative and policy discussions.
• “Africans need energy to fix energy poverty issues and spur economic growth,” said Stryk Global Diplomacy.

The African Energy Chamber (AEC) —a lobby that represents the African energy sector–has enlisted the services of a global consulting firm, Stryk Global Diplomacy (SGD), to spearhead talks on oil and gas between the continent and U.S. President Donald Trump administration.

In an update on Tuesday, the African Energy Chamber said the move aims at ensuring that Africa’s energy interests are effectively represented in U.S. legislative and policy discussions.

“Stryk is a super Lobbyist. He understands Africa and he gets results. He is adaptive and forward-thinking. He achieves results by building consensus. I am confident he is going …

• Africa will eventually rely primarily on renewable energy, as much of the rest of the world strives to — but on its own timetable.
• To achieve a carbon neutral future, African nations must have the underlying infrastructure and industry to make the dominance of renewables possible.
• But as things currently stand, most African states lack said infrastructure and industry.

There’s a promising future for African renewables as the continent strives to balance its current reliance on fossil fuels. That’s the prediction of the African Energy Chamber’s 2025 Outlook Report on the State of African Energy.

As I have said before, Africa will eventually rely primarily on renewable energy, as much of the rest of the world strives to — but on its own timetable, not that of Western countries who have benefited for centuries from the exploitation of fossil fuels.

To achieve a carbon neutral future, African nations must have …

• Beyond physical infrastructure, Africa’s integration requires modern software upgrades: the systems, policies, and institutional frameworks that power trade across borders.
• By positioning economic transformation at the heart of our integration agenda, Africa can advance up the value chain to generate wealth.
• By effectively mobilizing our own resources first, driving economic transformation, and building both the required software and hardware, we can successfully integrate Africa.

Ask any traveler about their experience moving across parts of Africa, and you will likely hear about familiar challenges: high costs, indirect routes, and unpredictable schedules that can make even the simplest journeys more complicated and costly. These travel hurdles highlight the immense opportunity to further strengthen Africa’s integration and unlock seamless connectivity across the continent.

The potential is undeniable. According to the World Bank, the African Continental Free Trade Area (AfCFTA) stands to be the world’s largest free trade zone, encompassing 1.4 billion people and …

• 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 …

• Since 1960, more than $2.6 trillion has been pumped into Africa in the form of aid.
• From 1970 and 1998, when aid was at its peak, poverty actually rose alarmingly—from 11% to 66%—due in large part to this massive influx of foreign aid that counteracted its intended good.
• Aid decreased long-term economic growth by fuelling systemic corruption, in which powerful aid recipients funnelled foreign funds into a personal stash instead of public investment.

After President Trump announced a 90-day overseas spending freeze, Secretary of State Marco Rubio said “every dollar” must be “justified” by evidence that it makes the US safer, stronger and more prosperous. I acknowledge that stance may sound ungrateful. At first blush, many might counter that starving people have no agenda. Destitute parents still need to feed their children. Turning a blind eye to their plight is inhumane.

Let me explain why the African Energy Chamber (AEC) …

• US President Donald Trump is among the top 40 Movers and Shakers who are poised to drive change in Africa’s energy sector this year.
• The list by the African Energy Chamber includes various Heads of State and Captains of industry whose focus on sustainable development, investment mobilization and energy sovereignty will define the continent’s future.
• The accomplishments and strategies of the 40 Movers and Shakers will be critical to addressing industry challenges and harnessing opportunities for the continent’s growth.

A mix of leaders, policymakers, innovators and corporate executives are poised to further drive change across Africa’s oil, gas and energy industries, the latest update by the African Energy Chamber (AEC) shows.

The list, which is an annual benchmark of influence and innovation, announces leaders at the forefront of advancing Africa’s energy potential. According to the AEC, these individuals are reshaping narratives, overcoming challenges and championing investment and sustainability in their …

• North Africa already has the requisite abundant natural resources and developing infrastructure to support a massive expansion in green hydrogen production.
• The region boasts some of the highest solar irradiation levels globally, making it an ideal location for solar-powered hydrogen production.
• Countries like Morocco and Egypt have already initiated projects like the Noor Ouarzazate Solar Thermal Complex and the Benban Solar Complex, respectively, which could serve as the backbone for the industry.

While much of our attention at the African Energy Chamber (AEC) concentrates on efforts to industrialize the sub-Saharan regions, as covered in our recently released 2025 Outlook Report, The State of African Energy, the more developed North African nations have seen recent progress in the renewables field, in green hydrogen specifically, that deserves our recognition.

Many are likely unfamiliar with the technology behind the production of this fuel source, and the subject requires at least a brief explanation.…

• Africa is the global epicenter of terrorism, with regions like the Sahel facing a devastating toll in lives lost and the rise of extremist groups.
• Addressing this crisis requires human rights-centered strategies, regional cooperation, and innovative funding mechanisms.
• Global action and support for African-led solutions are crucial to combating terrorism and securing the continent’s future.

Terrorism in Africa is growing at a frightening scale compared to other regions globally, with the continent accounting for nearly 59 per cent of all terror-related deaths worldwide.

According to UN Deputy Secretary-General, Amina Mohammed, there is urgent need to strengthen counter-terrorism measures especially in the Sahel region which has evolved into “ground zero” for the world’s most brutal terror activities. Mohammed was speaking during a UN Security Council meeting chaired by Algeria.

The devastating toll of terrorism

The Sahel region has become “ground zero” for the world’s most brutal terrorist activities. For three …

• At the current pace of electrification amid rising population, the number of people without electricity in Africa will remain unchanged unless bold action is rolled out.
• In response to this urgent need, the AfDB Group, the World Bank, and other partners have launched Mission 300, a plan that aims to provide electricity access to 300 million Africans by 2030.
• The plan focuses on accelerating electrification through a mix of grid extensions and distributed renewable energy solutions, such as mini-grids and stand-alone solar home systems.

Across Africa, the sunlight shines bright and natural resources abound. Yet despite that lies a pressing issue that threatens to stifle the continent’s growth and prosperity: the lack of access to reliable and sustainable electricity. As we prepare for the Africa Energy Summit, taking place on January 27-28, 2025, in Dar es Salaam, Tanzania, the urgency of addressing Africa’s energy needs cannot be overstated.

Without …