Browsing: UK Prime Minister

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• UK paid Rwanda $307 million as part of a migration deal and more were set to come. 
• With new Prime Minister Keir Starmer, the Rwanda migration plan stands dissolved, leaving Kigali with millions.
• Presient Paul Kagame and his government say there is no obligation to refund the money.

It is not a big deal if mere mortals break their promises at some point, but not for a nation like Rwanda getting cold feet when it comes to refunding $307 million intended for a scrapped migration deal. On July 9, the Rwandan government said a multi-million-dollar migrant deal with Britain that was scrapped by the current Labor government led by Prime Minister Keir Starmer contained no stipulation about refunding monies already wired to Kigali.

The plan was kinetic as it saw Britain paying Rwanda $307 million since the scheme was announced in April 2022, and consequently, Rwandan President …

• The AIS 2024 will build on the £6.5 billion deals and £8.9 billion investment commitments achieved at the previous summit held in 2020.
• Around two billion people under 25 will live in Africa by 2050.
• 22% of Africa’s working-age population is starting businesses representing the highest entrepreneurship rate in the world.

The UK Prime Minister announced that London will host the African Investment Summit on 23rd-24th April 2024. This initiative aims to benefit Africa and the UK economies by tapping into Africa’s innovative and entrepreneurial minds.
The AIS is a prominent event hosting 24 Heads of State from African countries with British and African Business leaders.

The UK-African Investment summit in 2024

Africa has made significant economic and technological growth strides in the last decade. Today, Africa is renowned as an adequate investment opportunity for those seeking to make billions. The continent hosts seven startups that have attained the stats …

Gabon is one of few countries with a carbon-negative economy, thanks to the Congo Basin’s immense tropical forests, which absorb more greenhouse gases than the country’s companies, cars, and towns emit.

It just approved an ambitious climate law to ensure that its economic bases are on forests and agriculture rather than fossil fuels.

Outside assistance is required to attain this goal so that the government can continue to enhance living standards.
Many African countries rely on coal for electricity and have refused to sign a declaration signed by more than 40 countries this week calling for an end to the most polluting of fossil fuels.…