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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Africa

264 Results / Page 9 of 30

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World

Russia FM in Guinea amid Africa influence boost

      Russian Foreign Minister Sergei Lavrov arrived on Monday in Guinea, his ministry said, the first trip by Moscow's top diplomat to the West African country since 2013. Russia, which has seen its relations with the West plummet after it sent troops into Ukraine in 2022, has sought to boost its influence in Africa in recent years. Russia's foreign ministry announced the visit on the Telegram social media […]

todayJune 3, 2024 11

Africa

Africa’s green bond market is booming – report

      By Bonface Orucho, bird story agency     Green bonds are experiencing robust growth in Africa as governments, corporations, and financial institutions recognize their potential to fund sustainable projects. A new report shows green bond issuances in Africa jumped 125% last year, hitting US$1.4 billion from US$600 million in 2022. The report, ‘Emerging Market Green Bonds’ by the International Finance Corporation and Amundi, a European asset manager […]

todayJune 3, 2024 21

Africa

Europe’s hydrogen rush targets Tunisia, other sunny African countries

          By Bonface Orucho, bird story agency     TE H2, a joint venture that includes involves TotalEnergies (as the major partner), EREN Groupe, and Austria’s leading electricity company, VERBUND, has signed a Memorandum of Understanding (MOU) with the Republic of Tunisia to explore the viability of this project, according to a press statement. The move is just the latest in a flurry of announcements involving […]

todayMay 31, 2024 18

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Health / Medical

Pharma firm urged to share new ‘game-changer’ HIV drug

          By Daniel Lawler Paris, May 30, 2024 (AFP) - More than 300 politicians, health experts and celebrities on Thursday called for US pharmaceutical giant Gilead to allow cheap, generic versions of a promising new HIV drug to be produced so it can reach people in developing countries most affected by the deadly disease. The drug lenacapavir could be a "real game-changer" in the fight against […]

todayMay 30, 2024 49

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Business / Economics

Africa’s Tourism Stakeholders Aim to Boost Youth Opportunities and Trade Access

  Africa’s tourism stakeholders seek to improve access to trade and opportunities in the sector for youth across the continent in order to empower them by leveraging the sector’s immense potential and innovative platforms. The Ministry of Sport, Youth and National Service (MSYNS), Deputy Minister , said that investing in young people is both a moral imperative and an economic necessity.   Deputy Minister Emma Kantema:

todayMay 30, 2024 20

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Business / Economics

EIB Global Invests €25 million in Amethis Fund III to promote sustainable growth of African businesses

      The has so far invested nearly €3 billion in equity funds with a geographic focus entailing Africa. In 2023, close to 60% of EIB’s fund investments were in Africa. Amethis has supported the growth of more than 30 African companies employing more than 40,000 people. European Investment Bank (EIB Global) has invested €25 million into Amethis Fund III, a pan-African fund providing private equity growth capital to medium […]

todayMay 29, 2024 12

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Africa

Iran’s intervention in Sudan’s civil war advances its geopolitical goals − but not without risks

Members of the Sudanese Armed Forces on Aug. 14, 2023. AFP via Getty Images By Eric Lob, Florida International University   Iran’s role in funding and arming proxy groups in the Middle East has been well documented and has gotten extra attention since the Hamas-led attack in Israel in October 2023. Similarly, Tehran’s arms shipments to Russia are well known and have prompted complaints and sanctions from the West. But […]

todayMay 29, 2024 28

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Africa

Launching a startup in Africa: OX Delivers

    Investing in Africa 2024 dialogue focuses on nurturing investment and collaboration across the investment value chain and driving sustainable growth in Africa. With a wide variety of industry sectors attending and many of the key financial sector participants present, investors attend AFSIC looking for new investment ideas or looking to raise capital for their own funds. To help facilitate this the AFSIC Investor Pitching room offers quickfire pitching […]

todayMay 27, 2024 9

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Africa

A mixed bag for Elon Musk’s space internet in Africa

      By Conrad Onyango, via bird story agency     As Elon Musk-owned Starlink internet service reaches a new global milestone of 3 million users in nearly 100 countries, it's a mixed bag for its operations in Africa. "Congratulations to the @SpaceX team on passing 3 million customers in 99 countries! And thanks to you for buying @Starlink!" Musk recently thanked Starlink and users on X for the milestone. On its progress report, […]

todayMay 27, 2024 48

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