African Countries Need Strong Development Banks – How They Can Push Back Against Narrative to Weaken Them

African Countries Need Strong Development Banks – How They Can Push Back Against Narrative to Weaken Them

A quiet but consequential contest is playing out in the global financial architecture. One that could determine Africa’s ability to finance its own development. In recent months, powerful voices from the International Monetary Fund (IMF), the Paris Club and US investment bank JP Morgan have questioned the preferred creditor status of African multilateral development finance…

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Gen Z are demanding schools and hospitals, not superyachts and helicopters | Poverty and Development

Gen Z are demanding schools and hospitals, not superyachts and helicopters | Poverty and Development

A wave of youth-led “Gen Z” protests is sweeping the world. A recurring slogan during the recent protests in Morocco was “We want hospitals, not stadiums”, reflecting how publicly funded services such as health and education are being sidelined. Electricity and water outages triggered the protests in Madagascar that toppled the government. Rooted in high…

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African Countries Need Strong Development Banks – How They Can Push Back Against Narrative to Weaken Them

African Union and Global Fund Formalize Cooperation to Strengthen Health Systems and Development in Africa

Geneva — The African Union (AU) and the Global Fund to Fight AIDS, Tuberculosis and Malaria (the Global Fund) today signed a memorandum of understanding (MoU) to deepen collaboration in support of African countries’ efforts to end AIDS, TB and malaria, strengthen health systems, increase domestic resource mobilization and advance health security and sustainable development…

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African Countries Need Strong Development Banks – How They Can Push Back Against Narrative to Weaken Them

Africa: Kaizen Conference Highlights Role of Regional Value Chains in Africa’s Development

With the 2025 Africa Kaizen Annual Conference (AKAC) underway, delegates have consistently emphasised the need to develop regional value chains to industrialise the African continent and enable businesses to compete globally. “While we have observed an improvement in the manufacturing sector, its contribution to the economy has stabilised around 12-13% over the years, up from…

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African Countries Need Strong Development Banks – How They Can Push Back Against Narrative to Weaken Them

Africa: AUC Chairperson Joined Heads of State & Government in Luanda, Angola, for the 3rd Summit On Financing for Infrastructure Development in Africa

H.E. Mahmoud Ali Youssouf, Chairperson of the African Union Commission, joined Heads of State & Government in Luanda, Angola, today for the 3rd Summit on Financing for Infrastructure Development in Africa, & highlighted that “Africa must invest 130 billion dollars yearly to close its infrastructure gap; the backbone of the AfCFTA & of our economic…

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Africa: Insecurity Is Threatening Africa’s Ability to Finance Its Own Development, Warns New Mo Ibrahim Foundation Research Brief

Africa: Insecurity Is Threatening Africa’s Ability to Finance Its Own Development, Warns New Mo Ibrahim Foundation Research Brief

London — The Mo Ibrahim Foundation has released a new research brief, Africa’s natural resources and conflicts: a vicious cycle, examining how growing competition over natural resources is fuelling conflicts across the continent – and how these conflicts are, in turn, undermining Africa’s ability to leverage its own wealth for development. The Foundation warns of…

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EV road trip shows e-mobility development in SA

EV road trip shows e-mobility development in SA

The state of play of the e-mobility market critically requires a shift in gears. The National Association of Automobile Manufacturers of South Africa’s(NAAMSA’s) 90th anniversary and South African Automotive Week (SA Auto Week) 2025 in Gqeberha was the destination for electric vehicle (EV) road trippers from Johannesburg, Durban and East London. The journey to the…

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