The continental flagship project under the African Union’s Agenda 2063, the African Continental Free Trade Area (AfCFTA), is envisioned to transform Africa into a global economic powerhouse through integration. With 54 signatories and 47 ratifications, the AfCFTA is now the world’s largest free trade agreement, promising to connect a market of 1.4 billion people. With…
Chinese President Xi Jinping China wants the US to ease export controls on chips critical for artificial intelligence as part of a trade deal before a possible summit between presidents Donald Trump and Xi Jinping, the Financial Times reported on Sunday. Chinese officials have told experts in Washington that Beijing wants the Trump administration to…
The Koeberg nuclear power station north of Cape Town. Image: Eskom The environment minister on Friday upheld a previous decision granting environmental authorisation for state-owned power utility Eskom to build and operate a new nuclear power station in the Western Cape. Environmentalists had appealed against the original 2017 authorisation for a new 4GW nuclear power…
ADDIS ABABA – The African Union (AU) has urged stakeholders to make concerted efforts to intensify the implementation of policies and programs that create an enabling environment to make agriculture in Africa more inclusive and profitable. As the second UN Food Systems Summit takes place in Addis Ababa, the seat of the AU, the continental…
Vodacom’s proposed acquisition of a 30% stake in fibre network operator Maziv could value the target company at up to R36-billion after agreeing revised terms on Friday. That would make Maziv, which owns fibre companies Vumatel and Dark Fibre Africa, worth more than R7-billion more than Telkom, which closed on Friday on the JSE with…
Africa is intensifying its calls for reforms to the global financial system, arguing that the current standards for accessing international concessional finance and building competitive financial institutions remain under the control of outdated frameworks that disadvantage the continent. During the African Union Commission’s 7th Mid-Year Coordination Meeting held in Malabo, AU Commission Chairperson Mahmoud Ali…
Bitcoin climbed to an all-time high near US$112 000 late on Wednesday, bolstered by an increased risk appetite and persistent institutional demand as traditional financial market players embraced the world’s largest cryptocurrency. It touched a record peak of $111 988.90 and was last up 0.4% at $111 259. Since the beginning of the year, bitcoin has advanced more…
Washington, D.C. — President Donald Trump is set to host the heads of state from Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal at the White House next week for a luncheon aimed at strengthening commercial and security ties between the United States and Coastal West and Central Africa. According to a White House official, the event…
Schools of Specialisation students during the Corporate Social Responsibility Youth Empowerment Day 2025, at ABB in Johannesburg. As Youth Month draws to a close, Swiss tech giant ABB yesterday hosted an event in Johannesburg to inspire matriculants from some of Gauteng’s Schools of Specialisation (SOS), offering insights and guidance as they transition to higher education…
– Ethiopia has called for enhanced regional power connectivity as a crucial solution to Africa’s growing energy challenges, according to the Ministry of Foreign Affairs (MoFA). The 4th AfriRUN ILO Conference, held yesterday, promoted regional power connectivity for inclusive and sustainable development, while fostering cooperation and equitable energy access across African nations. Speaking at the…
