JACKSON HOLE, Wyo. — President Donald Trump’s new Federal Reserve chair said Friday that although measures of inflation are still elevated, it is not yet clear that the central bank must take urgent action to address rising prices. The speech at the Fed’s yearly retreat at Jackson Hole had been eagerly anticipated after a rocky…
Addis Ababa — An African Union (AU) official emphasized Ethiopia’s significant role in promoting peace and security not only in the Horn but also across the continent, while underscoring the need for African countries to strengthen regional integration. In an exclusive interview with ENA, Head of the Governance Architecture and African Peace and Security Architecture…
Africa is home to about two thirds of the world’s uncultivated arable land. It is blessed with an average of 300 days of sunshine annually. At a time when many of the world’s advanced countries are experiencing population stagnation or decline, Africa with 1.6 billion people is the world’s second largest continent. Its population is…
Airtel Africa has switched on what it says is Africa’s first commercial direct-to-phone satellite service, going live in the Democratic Republic of Congo on 14 August in partnership with Elon Musk’s SpaceX. Branded Starlink Mobile, it lets Airtel DRC customers with a compatible LTE Android smartphone connect straight to Starlink’s low-Earth orbit satellites, which act…
The last time Real Madrid went two consecutive seasons without a major trophy (2008-2010), they eschewed Galacticos and brought in Jose Mourinho who built the team from the back. So after the last two trophyless seasons, they brought Mourinho back. Recommended Stories list of 4 itemsend of list That means ultra-conservative tactics, plus a slew…
Chris Oshiafi PAC Research, one of Nigeria’s leading research outfits, has identified financial architecture, digital innovation, regulatory reforms and political commitment as critical to addressing Africa’s more than $100 billion unmet trade finance gap. The research outfit said digital payment systems, blockchain-enabled trade infrastructure, factoring and supply chain finance could significantly widen access to trade…
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Africa can significantly increase its share of the estimated $85 billion global seed market by investing in agricultural research, strengthening seed systems, embracing innovation and creating a predictable business environment that attracts private investment, experts have said. Despite its vast agricultural resources, rich biodiversity and growing pool of scientists, Africa accounts for only about 2.2…
If an HIV prevention pill that provides a month of protection at a time performs well in two ongoing clinical trials, it could become the next big thing in HIV prevention after the lenacapavir injection. A new licensing agreement is paving the way for South Africa’s Aspen Pharmacare to produce the pill should the study…
Thousands of people who have poured into the city of el-Obeid hoping to find shelter from Sudan’s raging civil war have found themselves under threat again, amid warnings that paramilitary fighters are preparing to descend on the army-controlled city. Clashes between the paramilitary Rapid Support Forces (RSF) and the military has escalated in the North…
