As much of the world faces grapples with above normal temperatures and major rainfall changes, the UN Meteorological Organization (WMO) warned on Friday that El Niño, a powerful climate pattern shaping global weather, will intensify starting next month. Why it matters A strong El Niño is developing and expected to strengthen during August through October,…
S&P Global has agreed to acquire a majority stake in pan-African credit ratings agency Agusto & Co., expanding its presence in Africa’s domestic credit markets through a partnership that combines global analytical expertise with regional market knowledge. The transaction, announced on Tuesday, remains subject to regulatory approvals and is expected to close in the second…
TIA and W&R SETA are joining forces to create more pathways for young people, entrepreneurs and emerging businesses to develop ideas, access support and contribute to SA’s digital economy. The Technology Innovation Agency (TIA) and the Wholesale and Retail Sector Education and Training Authority (W&R SETA) have signed a memorandum of understanding aimed at linking…
Nigeria’s president has ordered a corruption investigation into allegations that a fictitious government agency was set up within his own office, complete with public funding worth $950,000 (£700,000). According to the presidency, the letter from the president’s chief of staff creating the Presidential Foreign Intervention Promotion Council (PFIPC) had been forged. The police have launched…
The UN’s International Maritime Organization (IMO) appealed on Monday for the urgent release of 44 seafarers held captive in Somali waters by pirates and armed robbers. The regulator which works to ensure safety at sea has recorded 24 attempted and actual incidents of piracy and armed robbery against ships in the Red Sea and the…
Current credit ratings may disadvantage the continent, but wouldn’t an African agency amount to Africa ‘marking its own homework’? Can Africa itself correct the bias it says the Big Three credit rating agencies display in grading African sovereigns? The African Union (AU) and other voices on the continent believe this bias gives African countries unfairly…
Technology Innovation Agency CEO Titus Mathe Just months after securing US$72.9-million (R1.2-billion) in a landmark settlement with shareholders of former local biotech Kapa Biosystems, the Technology Innovation Agency (TIA) this week revealed plans to use the funds to support local innovation projects. TIA CEO Titus Mathe, appointed to head the state-owned agency in April, told…
SANSA acts through a board consisting of a chairperson and 10 to 15 other members. (Image: 123RF, Wikipedia) The search for new board members of the South African National Space Agency (SANSA) has commenced, with interested parties invited to nominate their preferred candidates. SANSA is one of the entities within the portfolio of the Department…
Geneva — The war launched in the Middle East by the United States is nearly 100 days old, and the fallout extends far beyond the region, with the cost of vaccines impacting children across Africa and globally, says the United Nations. “The disruption to global humanitarian supply chains is impacting children across the globe, with…
New collaboration marks a major step towards a harmonized, resilient regulatory ecosystem and accelerated access to health products across the continent Geneva—The World Health Organization (WHO) and the African Medicines Agency (AMA) have signed a Framework Agreement for Collaboration, marking a major milestone in efforts to strengthen regulatory systems and improve access to safe, effective…
