Africa 

Are African credit rating agencies losing momentum? (Business Africa)

The A.U wants its own credit rating agency African countries complain about the ratings they receive from global credit rating agencies; they would exaggerate the perceived risk of investing in Africa based on subjective factors. The African Union chairperson President Macky Sall called for the founding of an African credit rating agency. The CEO of an African credit rating agency.… Read More
Africa 

Africa: Dramatic drop forecast in COVID deaths, but no time to ‘sit back and relax’

That’s down from a “catastrophically high” average of 970 fatalities each day last year to around 60 a day by the end of 2022. “The low number of deaths expected this year is a huge achievement for the region and a testament to the efforts of countries and partners,” WHO Regional Director for Africa Matshidiso Moeti told journalists at a… Read More
Africa Investments 

Liberia, DRC, South Sudan, Chad, provide lessons on promoting resilience in Africa

The Independent Development Evaluation (IDEV) unit at the African Development Bank has published two evaluation reports that examine the relevance, effectiveness, efficiency and sustainability of the Bank’s work in transition states, countries where the main development challenge is fragility. The first report analyzed the implementation of the Bank’s 2014-2019 Strategy for Addressing Fragility and Building Resilience in Africa. During the… Read More
Africa 

Global energy crisis felt at the pump in South Africa

South Africa is experiencing the pinch of petrol price increases due to the global energy crisis following Russia’s invasion of Ukraine and its impact on the Brent crude oil price. The impact is also being felt in neighbouring Zimbabwe and other African countries, including the east African nation of Uganda. Africa’s most developed economy avoided record fuel price increases on… Read More
Africa 

Financing Gas infrastructure for Africa

Energy experts have called for the funding of finance gas infrastructure for Africa at a summit convened to encourage the development and financing of sustainable and green natural resource and energy projects in Africa. The experts make the call at at the Nigeria-Africa Natural Resource & Energy Summit in Abuja, Nigeria. The summit also focuses on exploring natural gas projects,… Read More
Africa 

World’s ‘most neglected’ refugee crises all in Africa: NGO

Ten ‘most neglected’ displacement crises are for the first time all in Africa, the Norwegian Refugee Council (NRC) says in a report on Wednesday, expressing concern over the consequences of the war in Ukraine on the continent. The NRC publishes an annual list of the ten “most neglected displacement crises”, based on three criteria: the international community’s lack of political… Read More
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