insert_link Africa Africa is fueling India’s economic ambitions By Bonface Orucho, bird story agency India is growing its investment and nurturing diplomatic alliances with a range of countries in Africa, recognizing the continent as a key component in its pursuit of superpower status. In the latest move, Ethiopia’s ambassador to India disclosed to The Print, an Indian news outlet recently, that the two countries are “in the final stages of clinching defence cooperation.” This is just […] today20 March, 2024
insert_link Africa Nigeria’s fuel subsidy removal was too sudden: why a gradual approach would have been better By Stephen Onyeiwu, Allegheny College Nigeria removed fuel subsidies entirely in May 2023. This came as a surprise because of the political risks associated with subsidy removal. Previous administrations were reluctant to jettison the subsidies. The subsidies had been in place since the 1970s, when the government sold petrol to Nigerians at a price below cost – though most consumers weren’t aware of this. The 1977 […] today20 March, 2024
insert_link Business / Economics IJG Ghost Biz – 14 March Gary talks to The Ghost about Absa, Remgro, Quantum Foods, Caxton, Old Mutual, and WeBuyCars. https://iono.fm/e/1415970 today14 March, 2024
insert_link Africa Economic reforms propel Ethiopia to world’s third fastest growing nation brand status By Conrad Onyango, bird story agency Ongoing economic reforms that are also seeing Ethiopia opening up its traditionally closed sectors to private investment are helping to lift the country’s image, globally, according to a new report. UK-based Consultancy, Brand Finance in its Global Soft Power Index 2024 ranked Ethiopia the third fastest-growing nation brand in the world. In the ranking of the most valuable nations, Ethiopia’s brand […] today13 March, 2024
insert_link Science & Technology China urges AI investment post-political summit China's biggest political gathering of the year wrapped up on Monday, as delegates called for more investment in artificial intelligence. Laura Westbrook has more. today11 March, 2024
insert_link Africa Special Economic Zones are propelling Africa’s green hydrogen drive By Bonface Orucho, bird story agency When Egypt, a prominent player in green hydrogen development in Africa, recently announced seven new upcoming projects worth US$40 billion to be rolled out over the next decade, it noted that the projects would be positioned in one location: a special economic zone (SEZ). The new projects announced by Egypt's cabinet in February, together with ongoing developments not only in […] today11 March, 2024
Local NIEC 2024: Unveiling the Future of Energy in Namibia with Premier Sapphire Sponsors RMB, Shell, and Chevron The Namibia International Energy Conference (NIEC), renowned as “The gathering” for energy sector deliberations in Namibia, proudly announces its Sapphire sponsors for the upcoming 2024 conference: RMB, Shell, and Chevron. This collaboration underscores the pivotal role of sponsorship in steering the conversations and innovations that will chart the future course of Namibia's energy sector. Selma Shimutwikeni, the founder of RichAfrica Consultancy and convener of the NIEC, extends a heartfelt thank […] today11 March, 2024
insert_link Environment Environmental Investment Fund’s Libanda warns climate finance shortfall could worsen The United Nations Economic Commission for Africa has warned the continent faces a N$ 47 trillion climate finance shortfall by 2030. UNECA executive secretary, Claver Gatete, says only two percent of global clean energy investments reach Africa. Environmental Investment Fund CEO, Benedict Libanda says the shortfall will likely increase. today6 March, 2024
insert_link Business / Economics USAID grants N$19 million to Namibia Hydrogen Fund Managers Limited The U.S. government, through the USAID Mobilizing Investment project, has announced a grant of N$19 million to Namibia Hydrogen Fund Managers Limited to support the N$22 billion Sustainable Development Goals Namibia One Fund. Launched at the United Nations Climate Change Conference COP-27 in November 2022, the SDG Namibia One Fund is Namibia’s dedicated green hydrogen finance vehicle. Here is Julia Haludilu the Press and Media Coordinator at the US Embassy […] today5 March, 2024
