Browsing: AU

A balanced meal, three times a day, a basic need few in Africa can afford. A three-course meal, a luxury most of the rest of the world enjoys, on a regular basis.

Did you know, Africa has a 50 year plan of what the continent will become half a century from now? It’s called Agenda 2063. The Assembly of Heads of State and Government of the African Union

To achieve this vision, the AU Assembly recognizes that its true power is in its people, the 1.4 plus billion people. The AU central focus on this Africa Day is how best to utilize its top resource. The AU admits that for the continent to achieve its Vision 2063 then it must focus on it’s people; “…the potential of its populations, in particular, a human capital well-nourished citizens and in good health with a particular emphasis on women, adolescents and children.”

“Human …

Africans and African diaspora across the world commemorated Africa Day on May 25, 2022.

The day truly serves to integrate the diverse continent into one identity. This year bears extra importance as it is also the 20th anniversary of the African Union (AU). The theme for this year was "Strengthening Resilience in Nutrition and Food Security on the African Continent".

Yet, the celebration was tarnished by rising food prices as a result of Covid-19, climate-induced drought in parts of Africa, and the Ukraine crisis, according to Hindustan Times.

According to an article by Hindustan Times published on June 17, 2022, Africa Day is to commemorate May 25, 1963, when 30 independent African leaders signed the founding charter of the OAU (Organization of African Unity). Later to give more impetus to the organisation, many new areas were added and it was transformed into African Union (AU).

Yearly, the AU decides a…

The Africa-Europe D4D Hub Multi-Stakeholder Forum on Digital Transformation for Sustainable Development in Africa was held one month after the 6th European Union–African Union Summit, where leaders from both continents announced a EUR 150 billion Africa-Europe Investment Package, which amongst other priorities aims to accelerate Africa’s sustainable digital transformation.

“This ambition aligns with the EU Global Gateway, a strategy set out to boost smart, clean, and secure investments in connectivity, and the AU Digital Transformation Strategy for Africa 2020 – 2030, which aims to transform Africa’s economies and societies by harnessing digital technologies, the potential of data and innovation for the benefit of people. It also supports the outcomes of the 35th AU Summit, held from 5 to 6 February 2022, which called for the acceleration of Africa’s quality infrastructure development.” read a news release issued by EU-Africa Digital Hub today.

It is reported that only 33 per cent of …

China actively honours its commitment to making vaccines a global public good. At the time when Chinese vaccines had just reached the market and domestic supply was tight, China began to supply vaccines to Africa in support of its battle against the pandemic.
By November 2021, China had provided over 1.7 billion doses of Covid-19 vaccine to more than 110 countries and organizations, including 50 African countries and the AU Commission, and is striving to provide an aggregate total of two billion doses by the end of 2021.
In addition, it donated US$100 million to COVAX, which aims at ensuring all countries have access to a safe, effective vaccine.…

In 1991, Ethiopia was among the poorest in the world having endured a devastating famine and civil war in the 1980s and by 2020 it was one of the fastest-growing economies in the world averaging 9.9 per cent of broad-based growth per year.
The GERD will help secure the future water supply not only in the Nile Basin but in the entire region, thereby curbing the occurrence of severe drought and famine.
The flow of the River Nile has been nothing but winding, peacefully meandering its way downstream, oblivious of the decade-old tension that besieges its much-needed waters.
Egypt, Sudan and Ethiopia are neighbours that have been embroiled in a row over the construction of the Grand Ethiopian Renaissance Dam (GERD) by Ethiopia on the Blue Nile causing a diplomatic standoff among the countries.
Being the longest river in Africa, the Nile bears paramount significance across several African nations that …

As part of the requirements under the Kenyan Act, the government additionally established an Integrated Monitoring Reporting and Verification (Integrated MRV) system and published Kenya's National Climate Change Action Plan 2018-2022 (NCCAP). The five year plan requires the government to develop “action plans”, providing mechanisms to assist stakeholders in bringing about low-carbon climate-resilient development. 

Angola boasts some of the most ambitious targets for transition to low carbon development in Africa, albeit having ratified the Paris Agreement in November 2020. Since then the country has launched a national development plan, established a climate observatory and implemented a continuous national emissions monitoring system.

In addition, Gambia is committed to reducing its GHG emissions unconditionally, by 2.4 per cent by 2025 having implemented the Sustainable Energy Action Plan in 2015, which sets out the country’s renewable energy targets and corresponding measures necessary for their achievement. It has also committed to terminating oil importation…

Albeit marred with difficulties, green manufacturing in Africa is possible and the continent stands to greatly benefit from the transition. It will promote inclusive economic transformation through domestic manufacturing and a commodity-based industrialization process, capitalizing on the continent’s resources and opportunities presented by the dynamic nature of the global structure of production.

Green industrialization has been identified as the holy grail of Africa’s socio-economic transformation; infusing green initiatives into value chain activities for instance, during sourcing and processing of raw materials to the marketing and selling of finished products. The Economic Commission for Africa (ECA) economic report on Greening Africa’s Industrialization, deduces that it is imperative for African countries to identify green industrialization entry points, set policies that support green industrialization and mobilize resources from the public and private sectors, as it is a precondition for sustainable and inclusive growth.…

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The pan-African payments infrastructure was commissioned after a successful pilot phase in the West African Monetary Zone (WAMZ) countries where live transactions were done instantly.

Afreximbank worked with the West Africa Monetary Institute (WAMI) to launch the system in the WAMZ.

Following this successful milestone, PAPSS is now engaged in advanced discussions with other national and regional institutions for its rapid expansion across the continent.…

Africa’s blue economy has been hailed as the ‘new frontier of African renaissance’ due to the maritime industry’s huge economic potential across the continent. The significant economic opportunities in the blue economy on the continent include seabed mining, fisheries, oil drilling, trade, aquaculture and tourism whose potential can drastically transform Africa’s future.

The African Union (AU) highlights that thirty-eight of Africa’s 54 states are coastal, and maritime zones under Africa’s jurisdiction.…

With an estimated 150,000 and 300,000 tonnes of fish swimming throughout the EEZ, Kenya lies within the lucrative tuna belt. This is one of the most pressing reasons why Kenya is investing in blue-economy principles and increased investment in the sustainable development of its tuna resources.
In addition, Kenya can invest in blue-forest habitats like the mangrove forests where carbon storage offers the country a unique opportunity for financial gain through the blue-carbon markets incentives.…