Despite official US boycott, participants agreed for shared responsibilities in dealing with the challenges of climate change and reforms in the UN with the objective of equitable global governance The first ever G20 summit on the African continent concluded on Sunday, November 23 on a note of shared responsibilities to deal with global inequality and…
African and European leaders ended a summit in Luanda on Tuesday with new cooperation pledges on trade, minerals and migration but acknowledged that the two-day gathering produced no major breakthroughs. The summit brought together 80 delegations for negotiations on trade, minerals, migration and security. The final communiqué listed commitments to strengthen commercial ties, expand cooperation…
UN Secretary General António Guterres with COP30 President André Corrêa do Lago. PHOTO/UN. By PATRICK MAYOYO [email protected] The Outcomes Report from COP30, released on Friday in Belém, Brazil, has made headlines for presenting what is hailed as “groundbreaking progress” on real-world climate actions. With high-profile commitments from global leaders and businesses, including a trillion-dollar investment into…
United States President Donald Trump has pledged to address the conflict in Sudan, in response to an apparent request from Saudi Crown Prince Mohammed bin Salman. On Wednesday, Trump announced his intention to intervene twice, once at the Saudi Investment Forum in Washington, DC, and a second time on his online platform, Truth Social. Recommended…
The United Kingdom has committed £850m to the eighth replenishment for the Global Fund to Fight AIDS, Tuberculosis and Malaria. While it is a welcome, vital, addition to the replenishment, it represents a 15 percent cut on the UK’s previous contribution of £1bn in 2022 and is the lowest pledge from the UK since 2010….
Cairo, Egypt, 27 Oct. 2025: –African Export-import Bank (Afreximbank) on Saturday in Cairo, Egypt, swore in Dr. George Elombi as the Bank’s fourth President and Chairman of the Board of Directors, taking over from Prof. Benedict Oramah as head of the African Multilateral Finance Institution. Formalised with an oath administered by Mr. Wale Edun, Chairman…
Washington — THE African Development Bank (AfDB) has pledged to provide a total of 60m US dollars to the Tanzania Agricultural Development Bank (TADB) in 2026 to enhance its capital base further. This was disclosed by the Managing Director of TADB, Frank Nyabundege, at the Embassy of Tanzania on the sidelines of the Annual Meetings…
Without a predictable financing mechanism, the mission remains trapped in a cycle of insecurity, mounting arrears and political instability. The governments of Somalia and the United Kingdom, the African Union (AU) and United Nations (UN) met in New York on 25 September to strengthen backing for the AU Support and Stabilisation Mission in Somalia (AUSSOM)….
Starlink, the satellite internet division of SpaceX, has affirmed its commitment to launching in South Africa, announcing plans to spend R2.5 billion on local infrastructure and pledging compliance with Black Economic Empowerment (BEE) legislation. Read: Sony ULT Field 5 Review: ULTimately Based Ryan Goodnight, Senior Director of Market Access at SpaceX, delivered the update at…
The first Africa Climate Summit, held in Nairobi in 2023, was a turning point. It lit the fuse to launch a collaborative, climate-resilient, and prosperous Africa. This week, as leaders gathered in Addis Ababa for the second Summit, the message was clear: the time for pledges is over. Capital, investment, and concrete actions are needed…
