The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called on the international community to significantly expand access to affordable long-term capital to finance infrastructure and development projects across Africa, saying the continent’s growth ambitions remain constrained by the high cost of financing. Oyedele made the call while addressing the United…
Ayman Essam, Chief Officer: External Affairs, Vodacom Group. Africa’s most overlooked energy resource may be energy efficiency. As the continent races to expand generation capacity and works to connect millions more people to reliable electricity, we also need to extract more value from every unit of energy we already produce. Vodacom’s recent decarbonisation report highlights…
The Chairman of the National Peace Council (NPC), Bishop Emanuel Kofi Fianu, has warned that the growing commercialisation of politics, misuse of technology and restrictions on civic participation could undermine democratic gains in Africa. He said electoral integrity and democratic stability across the continent were under increasing pressure from political money, disinformation and shrinking civic…
Germany is currently undergoing a profound political crisis. It is a crisis that goes against the very ethos of how Germany’s politics usually works. The German political culture values stability more than anything. This is why, for decades, its ruling parties have been reliable, predictable, centre-right or centre-left parties. The Christian Democratic Union of Germany…
The important word is not simply “leaders” but “mass.” At 60, perhaps the most interesting way to engage Aig’s contribution is therefore not simply to count scholarships awarded, leaders trained or programmes created, but to take seriously the proposition behind them. Africa needs strong institutions, but it also needs capable men and women who can…
Addis Ababa — Ethiopia has used the 81st United Nations General Assembly to put a broader strategic question before the international community: can a global system facing profound geopolitical, economic, technological and environmental change remain credible without giving greater weight to Africa and the Global South? For President Taye Atske Selassie, the answer is increasingly…
Africa received an estimated US$91.1 billion in remittances in 2023, more than it attracted in official development assistance or foreign direct investment. Yet those flows have not automatically translated into stronger domestic revenue. The reason, according to research by Dr Torcia Chanelle Banengai Koyama, is that remittances work only as well as the institutions and…
Norrsken22 general partner Lexi Novitske African technology start-ups are increasingly building their products on Chinese AI models, and American investors’ retreat from the continent is making that shift easier, according to Lexi Novitske, general partner at pan-African venture capital firm Norrsken22. “If you take a look at what technology companies locally are building their systems…
Drones have become a primary mechanism of warfare on many fronts around the world. Those fronts range from the war between Russia and Ukraine to the conflict between the United States and Iran. Drones are used to achieve air superiority, a reconnaissance advantage, and highly precise strategic strikes along the front lines. Those strikes range…
Africa’s projected population of 2.5 billion by 2050 places immense demand on the creative sector to nurture budding talent to withstand evolving expectations and remain relevant. Currently valued at around $60 billion and projected to hit $200 billion by 2030, the regional creative economy, which includes Nigeria, remains fiscally vital and poised for explosive growth…
