African countries must increasingly rely on their own resources and institutions to drive development as international aid continues to decline, the International Monetary Fund (IMF) has advised. According to the IMF, the era of predictable and abundant foreign aid was gradually fading, making it imperative for governments across the continent to strengthen domestic revenue mobilisation,…
Funmi Ogundare Seplat Energy Plc has been named the official Theme Partner for the Education Session at the 2026 Africa Social Impact Summit (ASIS), as part of efforts to address Africa’s widening education access gap and strengthen youth employability across the continent. Under the partnership, Seplat Energy will spearhead strategic discussions on education financing, access…
An 86-year-old woman misplaces her phone and spends a week offline. She loses access to calls and messages, as well as contact with her family and the routines she has built over time. When connectivity is restored, her connection to daily life returns with it. This story reflects a wider reality across Africa. Digital connectivity…
STORY HIGHLIGHTS Essential medicine shortages in Niger’s Maradi region have dropped significantly, with stockout days declining from 16 in 2022 to 5 in 2025, improving children’s health outcomes. The Public Sector Management for Resilience and Service Delivery Program links funding to real results, ensuring clinics and schools receive much-needed supplies. Transparent, incentive-driven deployment policies help…
Africa is providing cheap liquidity to wealthy nations. In return it is paying huge interest rates to external institutional investors at the cost of its own development. For instance, African central banks export their reserve funds for safekeeping. Sovereign wealth funds and pension fund managers invest only in investment-grade European and United States institutions. The…
The Director General of the International Atomic Energy Agency (IAEA), Rafael Mariano Grossi, has called for a new global approach to financing nuclear energy, warning that current funding models are slowing down the development of critical energy infrastructure, particularly in Africa. He said this on Tuesday, May 19, during the opening of the second Nuclear…
Nairobi — Barbados Ambassador for Climate Change and Climate Vulnerable Forum representative Elizabeth Thompson has proposed exploring mandatory financing and legally binding mechanisms to compel countries to accelerate methane emissions reduction, warning that voluntary climate commitments are failing to deliver the urgency required to avert catastrophic global warming. Speaking virtually during the opening day of…
Nairobi — United Nations Secretary-General António Guterres has warned that Africa is bearing the heaviest burden of the global climate crisis despite contributing the least to global emissions, calling for increased climate financing and stronger international recognition of the continent’s needs. Speaking at the Africa Forward Summit in Nairobi, Guterres said the impacts of climate…
Nairobi — The upcoming Africa Forward Summit is expected to advance high-level dialogue on institutional frameworks, financing mechanisms, and international partnerships aimed at strengthening African-led security solutions as a foundation for long-term stability across the continent. The State Department for Foreign Affairs says the summit, scheduled for May 11-12, will seek to reframe Africa’s peace…
Washington, D.C — We, the Members of the Global Leaders Network for Women’s, Children’s, and Adolescents’ Health (GLN) and participating Ministers of Health and Finance, in partnership with the Women’s Health and Economic Empowerment Network (WHEN) and the Partnerships for Maternal, Newborn and Child Health, convened on the margins of the World Bank–IMF Spring Meetings…
