Carbon tax on fossils fuels, marine and aviation transport could generate additional development financing for Africa

[[{"value":"A carbon taxation regime covering carbon tax on fossil fuel, maritime transport, and aviation could generate additional funds to support the Africa energy transition, says Claver Gatete, Executive Secretary of ECA at a dialogue on carbon markets and development held on the sidelines of the tenth Africa Regional Forum on Sustainable Development (ARFSD-10) in Addis Ababa, Ethiopia. “If combined with other policy measures, carbon tax could help to mitigate those residual […]

April 26, 2024 7

APO International

Economic Community of West African States (ECOWAS) holds strategic talks with African Union on the operationalization of the Africa Peace Support Missions

[[{"value":"The ECOWAS Commission’s department for Political Affairs, Peace Keeping and Security on Monday, 22nd April, 2024, is hosting a high leveled delegation from the African Union, UN Human Rights and EU delegation to the AU, led by the Commissioner for political affairs for a 2 day strategic and technical cooperation meeting aimed at integrating and implementing the Afrian Union Accountability and Compliance Framework (AUCF) into peacekeeping missions across the region. The […]

April 26, 2024 8

APO International

Equatorial Guinea contributes towards creation of Legal and Institutional Framework of Atlantic African Countries’ Process

[[{"value":"The first high-level meeting of the ministers for Justice from the Atlantic African countries concluded on Tuesday 23 April. The meeting set out the key strategies regarding this initiative by the Kingdom of Morocco, which adopted its roadmap in 2023. The Equatoguinean Minister for Justice, Worship and Penitentiary Institutions, Sergio Esono Abeso Tomo, pointed out at the end of the meeting that the process devised by King Mohammed VI was […]

April 26, 2024 8

Namibia

Namibians turn to garbage site to make ends meet

https://youtu.be/adxbRDfZIqQ By Ketemba Tjipepa, via News on One Times are tough, but some men and women are trying their best to make ends meet. At Windhoek's One Nation garbage site, over 70 individuals, most of them women, spend their days waiting for garbage trucks to dispose of waste, considering it their workplace despite the hazardous conditions. They use what they find in the garbage to eat, and […]

April 26, 2024 28

Africa

Nigerians throw naira notes around to show love: but it could land you in jail

By Abiodun Odusote, University of Lagos The legal implication of physically damaging the naira, Nigeria’s currency, came into focus recently with the prosecution of at least two celebrities by the country’s Economic and Financial Crimes Commission. Nigeria has a law that prohibits what it terms abuse, which also includes writing on the notes or crumpling them. It also covers naira coins. The law was introduced in 2007 […]

April 26, 2024 27

World

Students protests against Israel erupt across United States

Student protests against Israel have engulfed college campuses across the United States in recent days — in New York, California, Texas — and now they've reached the nation's capital. A 'Gaza solidarity encampment' has been erected at George Washington University, just down the road from the White House. Participants say they want a, quote, 'free Palestine,' but specifically they're demanding that their faculties disclose and terminate any relationship with companies […]

April 26, 2024 19

Namibia

PDM President Urges Accelerated Investment in Irrigation Infrastructure for Agricultural Transformation

McHenry Venaani, President of the Popular Democratic Movement, stresses the need to prioritize and expedite investments in irrigation infrastructure to drive agricultural transformation and sustainable growth. Speaking in the National Assembly, Venaani advocates for the adoption of innovative water-saving technologies and the strengthening of capacities across agricultural sectors. He highlights evidence from across Africa, showing that nations with robust irrigation strategies have not only mitigated hunger but also decreased dependence […]

April 26, 2024 17

South Africa

S.A Finance minister Enoch Godongwana says regaining public trust in financial regulation requires deep structural reforms

S.A Finance minister, Enoch Godongwana, says regaining public trust in financial regulation requires deep structural reforms, and a shift towards greater accountability, transparency, and public inclusivity. He addressed the South African Reserve Bank’s launch of the Corporation for Deposit Insurance yesterday. This is South Africa’s deposit insurance scheme, created and mandated by law to protect qualifying bank depositors in the unlikely event of their bank failing. Godongwana says trust is […]

April 26, 2024 45

Business / Economics

U.S. economy grew at a slower pace than expected in the first three months of the year.

The U.S. economy grew at a slower pace than expected in the first three months of the year. Analysts saw elevated interest rates and stubborn inflation are the major headwinds. William Denselow reports from New York.

April 26, 2024 36

Month: April 2024