Luanda — The World Bank’s Director of Strategy, Vickram Cuttaree, on Tuesday in Luanda recommended that African states should institutionalize railway networks in the continent as a way to guarantee, in the long term, the sustainability of financing commitments for these structuring projects. The official was speaking at a panel on the theme “Regional Corridors…
The World Bank Group has projected global commodity prices to fall to lowest level in six years in 2026, marking the fourth consecutive year of decline. According to its latest commodity markets outlook, the organisation forecast prices to drop by seven percent in both 2025 and 2026, driven by weak global economic growth, a growing…
The European Central Bank has kept interest rates on hold, as expected, at its latest meeting on Thursday. The central bank held its key deposit facility rate at 2% for the third consecutive time, having last cut rates in June. The trim, which coincided with euro zone inflation hitting the ECB’s target rate of 2%, was…
The slow pace of meaningful transformation in the ICT industry has been exposed. The B-BBEE ICT Sector Council says it received only three equity equivalent investment programme (EEIP) applications over the past 12 months. In addition, the council says it encounters pushback when trying to verify the investment commitments and deployment of funds by multinational…
NAIROBI — Confederation of African Volleyball (CAVB) President Bouchra Hajij has urged Kenya to channel more investment and focus toward the men’s national volleyball team, Wafalme Stars. Hajij praised Kenya’s dominance in women’s volleyball, marked by ten African titles and multiple World Championship and Olympic appearances but challenged the federation to extend similar support to…
As the world races to harness Artificial Intelligence (AI) for economic growth, Artificial Intelligence 4 Social Impact and Development (AI4SID) is turning its focus to people rather than machines, championing human capital as Africa’s greatest AI asset. AI4SID, an initiative under the Africa Hub for Innovation and Development, is rolling out a series of programmes…
President Donald Trump’s pick for surgeon general, Dr. Casey Means, is likely to face tough questions Thursday on Capitol Hill as senators decide whether to support her confirmation. If she assumes the role, Means would become the county’s leading public health spokesperson, with the authority to issue health warnings and advisories. Her nomination has stirred…
NEC XON’s Willem Wentzel In many parts of Africa, industries still face crippling gaps in Wi-Fi connectivity. Vast mining operations, ports, construction projects and energy facilities often extend far beyond the reach of fibre or LTE networks. They are also too expansive for traditional meshed Wi-Fi to be cost effective, and latency is a big…
With the countdown on to the premiere of Maina Gielgud’s Giselle at The Baxter, Cape Ballet Africa has announced the principal cast and international guest artist for the performances this November. Giselle is one of ballet’s most beloved romantic masterpieces, that shares a story of love and betrayal. It will be presented from 13 to…
The award was presented to Saraki in Nairobi during a ceremony organised by the African Democratic Union (ADU). Former Nigerian Senate President Bukola Saraki has received the Nana Akufo-Addo Africa Democracy Award for his record of promoting democracy and good governance on the continent, according to the organisers. The award was presented to him in…
