South Africa and Kenya have rejected the notion that Africa is merely a spectator in a rapidly changing global order, with Presidents Cyril Ramaphosa and William Ruto asserting that the continent is increasingly shaping global debates on governance, finance, development and peace. Responding to questions from journalists at a media briefing following their bilateral talks…
SpaceX, which is getting set to publicly disclose its IPO prospectus, has picked Goldman Sachs to lead what’s likely to be a record offering, according to people familiar with the matter. Goldman will have the lead left position on the prospectus, followed by Morgan Stanley, and then Bank of America, Citigroup and JPMorgan Chase, said…
At today’s Ministerial Meeting on the Reform of the UN Security Council, held on the margins of the Africa-France Summit in Nairobi, H.E. Mahmoud Ali Youssouf, Chairperson of the African Union (AU) Commission, reaffirmed Africa’s united & principled position on UN Security Council reform. The Chairperson underscored that “Africa is not asking for a favour;…
Dar es Salaam — IN a world where political shocks often unsettle markets and deter investment, Tanzania offers a compelling story of resilience and recovery. East Africa’s most peaceful nation extends a confident invitation to the international community, anchored in the strength of its economy, the richness of its natural assets and the breadth of…
Addis Ababa — – Ethiopia is translating long-held development ambitions into concrete achievements, reinforcing its role as a regional powerhouse and positioning itself as Africa’s leading renewable energy hub, according to the Government Communication Service (GCS). In a statement released today, GCS highlighted the inauguration of major development projects under the leadership of Prime Minister…
Brussels — The Angolan president and chairperson of the African Union (AU), João Lourenço, participation on Thursday in the second edition of the Global Gateway Forum in Brussels, Belgium, cements the country and Africa’s role in strategic discussions on global connectivity and sustainable development. By Falcão de Lucas, ANGOP special envoyThe event, promoted by the…
Africa’s richest man and Chairman of Dangote Group, Aliko Dangote, has once again retained his position as Africa’s wealthiest man, topping Forbes’ Real-time Billionaires List with a net worth of $24.4 billion and ranking 88th globally. The latest ranking, released at the weekend, underscores Dangote’s unmatched dominance in Africa’s wealth hierarchy, where he stands far…
