Browsing: AU

The 4th industrial revolution in Africa. Africa needs to commit to adopting new interdisciplinary approaches that speak to the present and future needs. www.theexchange.africa

Since the turn of the century, Africa’s GDP has grown by 4.6 per cent annually, on average.

Domestic demand has been Africa’s key driver of the growth performance accounting for 69 per cent of annual growth between 2000 and 2018, according to the African Union (AU).

The AU notes that this is reflected in the demand for processed food which is growing 1.5 times faster than the global average. On the other hand, the demand for many other products such as vehicles, manufactured metals and industrial machinery, is expanding faster than the global average.

This makes it a good opportunity for local firms to grow in size and productivity.

Start-ups in Africa

On the tech front, start-ups in Africa have also increasingly emerged with the top three activities relating to information technology and communications (ICT) and internet services; digital applications and software; and the creation of audio-visual content and broadcasting.…

Oil Rig in Nigeria

Ahead of this week’s African Union meeting (Feb 9-10), more than 25 organisations, networks and community resistance groups from Africa and around the world have called on African governments to prevent the proliferation of coal, oil and gas in Africa and to ensure efforts to address fossil fuels match those which have helped reduce the danger from nuclear weapons, Power Shift statement reveals.

According to the statement, the communique signed by the group criticized the deliberate proliferation of coal, oil, and gas in Africa, contrary to scientific evidence and highlighted the contradiction between planned fossil fuel expansion and globally agreed climate targets.

They also condemned the way some African governments were avoiding scrutiny from civil society groups and even violently targeting environmental activists and human rights defenders in some places.

Representatives from the different NGO groups who attended an Africa Energy Leaders Summit on Climate Change, Energy, and Energy Finance …