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Browsing: AU
- The move makes Tanzania among the first seven African countries to start making the best of the single African market.
- Tanzania plans to export no less than 10 different products under the AfCFTA deal starting with coffee and marble.
- The AfCFTA Secretary General is confident that the deal will result in higher paying jobs and also sees the deal favouring women who are expected to get the larger portion of wage gains.
The African Continental Free Trade Area (AfCFTA) is at the centre of discussion again as African Heads of State and Government meet in Addis Ababa, Ethiopia for two days to iron out the complexities of the Africa-wide trade zone.
The focus of the summit is on the intra-Africa trade going by the theme; The Year of AfCFTA: ‘Acceleration of the African Continental Free Trade Area Implementation.’
At the 36th ordinary Session of the AU Assembly, President Samia Suluhu …
- Region economic communities such as East African Community (EAC) are opening doors for citizens to expand their hands across various economic opportunities.
- The movement of people over space and time is the bloodline of the modern world’s economies.
- South Africa, Africa’s highest ranked passport, was position 54 globally with South Africans having visa-free access to 106 nations.
A recent World Economic Forum (WEF) report revealed that an American passport holder can access 43 percent of the global GDP without a visa while a United Arab Emirates (UAE) passport gives access to 70 percent of the global GDP.
In contrast, the Nigerian (top African economy) passport holder can access 20 percent of the world, equivalent to 1.5 percent of the global GDP. The measure of access is a wake-up call on assessing strategies and measures regarding the movement of people over space and time in Africa.
Since the launch of the …
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 …
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 …
