African News
On World Mosquito Day, attention remains focused on the devastating impact of the disease in Africa. The continent accounts for 95 per cent of malaria-related deaths worldwide. Five years after the roll-out of the first malaria vaccine, it is beginning to deliver measurable results – although significant challenges remain. The RTS,S vaccine marked a turning…
African film festivals were once quite rare, but in the past decades they’ve been growing in the continent and mushrooming around the world. A recent open access book explores these events through case studies. The book’s editor, African cinema scholar Sheila Petty, has also written chapters in it about the role film festivals play in…
United Nations — World Humanitarian Day celebrates humanitarian workers and the life-saving services they provide under the most complex and often dangerous conditions. This year, UN leaders are urging the international community to protect humanitarians working in conflict zones and to seek accountability for those who have been injured or killed in their line of…
107 Killed in Central African Republic Gold Mine Collapse An artisanal gold mine collapse in Zamboye, western Central African Republic, has killed at least 107 labourers. The death toll is rising sharply as rescue teams recover more bodies from the rubble. Several people remain missing or trapped underground, and authorities expect the toll to…
South Africa and Zimbabwe must move beyond their strong historical and political ties and translate their bilateral relationship into tangible economic opportunities, including investment, trade, jobs, infrastructure and improved livelihoods. This was a message delivered by International Relations and Cooperation Minister Ronald Lamola, on Thursday, at the opening of the Ministerial Meeting segment of the…
Heads of state, agriculture and finance ministers and investors meet in Kigali from August 31 for the Africa Food Systems Forum, the continent’s largest agricultural gathering. They arrive with an opportunity: to build a food system that holds up against what is coming – climate change, biodiversity loss and declining soil health, alongside our dependence…
Africa Finance Corporation raised CHF 350 million, or about $431 million, through a 5-year digital bond as the infrastructure lender expands its funding sources. The August 12 issue is reportedly the first digital bond from an African institution to be listed, traded and settled through regulated digital market infrastructure. It carries a 1.4925% coupon and…
Moody’s Ratings affirmed Africa Finance Corporation’s A3 long-term issuer and senior unsecured ratings, citing stronger capital, solid liquidity and stable asset quality as the infrastructure lender expands its balance sheet. The outlook remains stable. Moody’s also affirmed AFC’s Baa3 junior subordinated rating and P-2 short-term issuer rating. The rating agency said AFC’s capital position has…
Ninety One has closed its third Africa Credit Opportunities Fund with $404 million, including leverage, as the investment manager expands private lending to companies and infrastructure projects across Africa and other emerging markets. Investors include development finance institutions, pension funds and family offices from Africa, Europe, the UK, the US and Canada. The fund, known…
Twenty years after toxic waste from the cargo ship Probo Koala was dumped across Abidjan in Côte d’Ivoire, the disaster remains an open wound for many victims and a symbol of wealthy countries sending unwanted waste to Africa. On 19 August 2006, more than 500 tonnes of harmful substances unloaded from the ship were dumped…
