The Royal Swedish Academy of Sciences has awarded this year’s Nobel Prize in Economic Sciences to the American economists Robert E. Hall and Michael Woodford. The prize was awarded in recognition of their development of macroeconomic models that helped to reduce the length and depth of economic downturns. According to the Academy, the economists’ work…
Frenchman Alain Prost claimed the last of his four Formula One world championships at the Kyalami Circuit near Johannesburg, South Africa, in 1993, the last time the continent hosted a Grand Prix. The event’s subsequent collapse brought Formula One’s presence in Africa to an abrupt end. More than three decades later, Africa is preparing for…
In a RootsToFoods Capital Series interview, Wasim Tahir, Senior Advisor at ODI Global and former director at British International Investment, explains how development finance actually moves private capital into emerging markets, and why the lasting answer lies in deep domestic capital markets and national development banks. Ovidiu Bujorean, chief executive officer of OviBees Ventures, spoke…
Groupe Canal+ is gearing up to introduce its flagship streaming application across MultiChoice territories, including South Africa, following the recent registration of local digital infrastructure. Recent network visibility of a regional landing page indicates that the rollout is imminent, bringing a unified over-the-top (OTT) service designed to integrate third-party platforms like Netflix directly into the…
Anthropic’s threat report reveals how AI is making cyberattacks and influence campaigns faster, more scalable and harder to detect. Anthropic’s recent threat intelligence report reveals how malicious actors are using its own artificial intelligence (AI) agents to conduct cyberattacks, surveillance operations and online influence campaigns. Africa’s leaders should be especially vigilant, given the continent’s relatively…
A Statement from the Friends of the High-Level Meeting on Pandemic Prevention, Preparedness and Response New York – Today, an overwhelming majority of Member States at the United Nations General Assembly adopted a Political Declaration as the outcome of the 25 September High-Level Meeting on Pandemic Prevention, Preparedness and Response (PPPR). The Friends of the…
Former President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has urged African leaders to prioritise investment in education, healthcare, skills development, technology and entrepreneurship to unlock the economic potential of the continent’s growing youth population. Adesina said Africa’s demographic growth would become an economic advantage only if young people acquired the knowledge, skills,…
WHO Launches Five-Year Strategy to Detect Health Threats Faster The World Health Organization (WHO) has launched a new five-year strategy to help every country detect and understand emerging health threats within 24 hours of their appearance by 2030. The strategy builds on the work of the WHO Hub for Pandemic and Epidemic Intelligence, established in 2021…
Nairobi — The United Nations General Assembly has adopted a political declaration calling for stronger global cooperation to prevent and respond to future pandemics, with the United States, Israel and Argentina voting against the text. The declaration received 153 votes in favour, while New Zealand and Paraguay abstained, according to the reported voting record. Rwanda,…
The Integrated Food Security Phase Classification (IPC), of which WHO is a member, today issued a Food Insecurity and Malnutrition Alert for Sudan. Key highlights The IPC is warning of a growing risk of famine across parts of Greater Darfur and Greater Kordofan, where conflict, mass displacement, severe drought and inadequate humanitarian funding are driving…
