The G20 summit in Johannesburg closed on Sunday with South Africa claiming a diplomatic victory after securing agreement on a wide-ranging declaration – despite a boycott by the United States and warnings from several leaders that the forum is struggling to remain relevant in a fragmenting world. South Africa’s President Cyril Ramaphosa said on Sunday…
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Carlos Jasso/Reuters Alphabet closed in on a US$4-trillion valuation on Monday, set to become only the fourth company to enter the exclusive club, as the Google parent rides an AI-driven rally. Shares of the company rose more than 5% to hit a record high of $315.90, giving it a market capitalization of $3.82-trillion. The stock…
Addis Ababa — The G20 needs to take concrete steps to strengthen the Compact with Africa Multi-Donor Trust Fund, expand financial guarantees, advance timely debt relief, and champion African continental integration, Prime Minister Abiy Ahmed said at the G20 meeting in South Africa. “When African nations commit to reform, and the G20, along with other…
The Chairperson of the African Union Commission (AUC), H.E. Mahmoud Ali Youssouf, has strongly condemned the reported abduction of school children and teachers in Nigeria, describing the attacks as a “despicable act” against innocent learners and a worrying indicator of persistent insecurity. In a statement issued on Saturday, Youssouf said the AU is deeply concerned…
An Australian senator has been suspended for a week after wearing a burka in parliament to push for a ban on the Muslim garment. Pauline Hanson was condemned by fellow senators – and later formally censured – for the stunt on Monday, with one colleague accusing her of “blatant racism”. The Queensland senator, of the…
Angela Wamola, head of GSMA Africa. While opportunity for smartphone manufacturing in Africa does exit, the continent’s fragmented markets pose a challenge to these aspirations. This is according to Angela Wamola, head of GSM Association (GSMA) Africa, who recently spoke to ITWeb on the sidelines of the GSMA Digital Africa Summit in Cape Town. The…
Prime Minister Abiy Ahmed leveraged his engagements in South Africa to advance Ethiopia’s strategic interests, deepen key alliances, and elevate the country’s influence on continental and global platforms. PM Abiy’s latest diplomatic mission on the sidelines of the G20 Summit in Johannesburg signaled a renewed assertiveness in Ethiopia’s foreign policy. Held on the sidelines of…
South Africa’s successful hosting of the G20 Summit has delivered a powerful boost to the country’s global image, tourism appetite and national pride, with Brand South Africa and government saying the event has already shifted perceptions and strengthened confidence in the nation as a world-class destination. Brand South Africa CEO, Neville Matjie, said the global…
Ukrainian President Volodymyr Zelenskyy said Monday that the suggested legal recognition of Russian sovereignty over captured territory in the east of his country remained a “main problem” in negotiations as President Trump pushes for a deal to end Moscow’s nearly-four-year war on Ukraine. Ukrainian and American officials met over the weekend in Switzerland to discuss…
