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

sub-Saharan Africa

36 Results / Page 1 of 4

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Africa

IMF Calls for Economic Reforms in Sub-Saharan Africa to Boost Growth

Sub-Saharan African countries reliant on commodity exports must implement economic reforms to address uneven regional growth, stated Abebe Aemro Selassie, the International Monetary Fund's Africa Director. Reuters reports that the IMF's latest World Economic Outlook reveals that the region's growth is projected at 3.6% this year, consistent with last year's figures and lower than the April forecast of 3.8%. Commodity-dependent economies are notably underperforming compared to their more diversified counterparts.

todayOctober 28, 2024 4

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Africa

South Africa increases renewable energy capacity

South Africa currently has over 7,000 megawatts of renewable energy connected to the grid, with an additional 20 gigawatts planned for future development, according to Jacob Mbele, the director-general of Mineral Resources and Energy. SA is leading sub-Saharan Africa with nearly 40% of the region's new capacity. Mbele said it is important to continue exploring, developing, and producing the country's natural resources.

todayOctober 21, 2024 13

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Africa

World Bank cuts Africa growth forecast

The World Bank has downgraded its economic growth forecast for sub-Saharan Africa. Bloomberg reports that Sub-Saharan Africa will likely grow 3% this year, somewhat lower than an April forecast of 3.4%, the Washington-based lender said in its Africa Pulse report published Monday.  The slower growth rate was largely blamed on the conflict in Sudan which started 18 months ago and has continued to escalate.

todayOctober 15, 2024 13

Business / Economics

Gates Foundation Report Calls for Targeted Global Health Spending to Save Millions of Children from Malnutrition and Disease

    In its eighth annual Goalkeepers report released today, the Bill & Melinda Gates Foundation urged world leaders to increase global health spending where it is needed most in order to boost children’s health and nutrition, especially in the face of the global climate crisis. The Goalkeepers report, “A Race to Nourish a Warming World,” projects that without immediate global action, climate change will condemn an additional 40 million […]

todaySeptember 17, 2024 12

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Africa

African countries are adopting two houses of parliament to boost democracy – but that’s not always what happens

  By Thalia Gerzso, University of York   At independence, most African states had two legislative chambers – a lower and upper chamber – in their parliament. African leaders saw that as a colonial legacy and as inefficient, so most states removed the upper chambers. Before 1990, only two states kept these bicameral parliaments: Liberia and Nigeria. Since then, however, 40% of the 44 sub-Saharan African states that hold regular […]

todaySeptember 13, 2024 24

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Africa

Rating agencies and Africa: the absence of people on the ground contributes to bias against the continent – analyst

    By Misheck Mutize, University of Cape Town   Rating agency Fitch recently warned that the rapid spread of the mpox virus in sub-Saharan Africa could add to the fiscal pressures many countries in the region are already experiencing. The Africa Centres for Disease Control and Prevention and the World Health Organization have declared the latest outbreak of mpox in Africa a health emergency. An epidemic in the Democratic […]

todaySeptember 9, 2024 18

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Africa

TikTok Announces Industry-First Sub-Saharan Africa Safety Advisory Council

  TikTok is taking major steps to boost safety on its platform across Sub-Saharan Africa with the launch of its inaugural Safety Advisory Council and the expansion of its #SaferTogether community education campaign. By partnering with key stakeholders, including policymakers, members from academia, NGOs, and community leaders, TikTok aims to foster a collaborative approach to ensuring a secure and positive platform environment. This announcement was made at TikTok's Safety Summit […]

todayAugust 22, 2024 61

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Namibia

42.5% of Namibians prefer to study abroad

https://youtu.be/si6Gp27P_ao     By Finna Kahili, via News on One   University of Namibia (Unam) vice-chancellor Professor Kenneth Matengu said 42.5% of Namibians prefer to study abroad. Matengu said this during the Higher Education Day celebration at the University of Namibia yesterday. Matengu said despite the continent's population of two billion, only 30 million are enrolled in higher education. "In Africa compared to the rest of the world, you can […]

todayAugust 12, 2024 33

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Local

The Namibian economy is expected to grow by 3.1 percent in 2024

  The Bank of Namibia released the Economic Outlook for August 2024 with the domestic economy estimated to expand by 3.1 percent in 2024 and by 3.9 percent in 2025. Global and Regional Outlook Global economic growth is projected to remain low in 2024 before improving slightly in 2025. Global growth is projected to slow down to 3.2 percent in 2024, from 3.3 percent in 2023, before rising moderately to […]

todayAugust 8, 2024 20

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