Sovereign - eriinfo

Africa

Africa: AUC Deputy Chairperson Reaffirmed the AU’s Commitment to Building an Integrated, Prosperous, and Financially Sovereign Africa

eriinfo.com3 days ago02 mins

Kicking off the 61st #AfDBAM2026 in Brazzaville, H.E. Amb. Selma Malika Haddadi, AUC Deputy Chairperson, representing H.E. Chairperson Mahmoud Ali Youssouf, reaffirmed the AU’s commitment to building an integrated, prosperous, and financially sovereign Africa. As H.E DCP stated: “We gather at a defining moment.” This year’s theme – Mobilizing Africa’s Development Financing at Scale in…

EDITORIAL | Kenya’s G-to-G oil deal smells increasingly like a sovereign transfer of wealth to private firms

eriinfo.com1 week ago011 mins

EDITORIAL | Kenya’s G-to-G oil deal smells increasingly like a sovereign transfer of wealth to private firms The Kenyan public was promised stability. What it may have received instead is one of the most opaque and politically loaded commercial arrangements in recent memory. When Nairobi unveiled its Government-to-Government (G-to-G) oil import deal with Saudi Arabia…

Hexion deploys 30 petabyte sovereign data archive in South Africa

eriinfo.com3 weeks ago05 mins

Hexion Data Storage, a next-generation distributed data storage platform, has announced the deployment of a 30 petabyte deep archive storage platform in South Africa, marking one of the largest privately operated archive storage environments in the region. Purpose-built for organisations facing explosive data growth, increasing cyberthreats and mounting compliance pressures, the platform delivers enterprise-scale…

Africa

Africa: Mozambique Becomes Africa’s Most Distressed Sovereign As Spreads Surge

eriinfo.com2 months ago04 mins

Mozambique has overtaken Senegal as Africa’s most distressed sovereign borrower, as rising global energy costs add pressure to its finances. The country’s sovereign yield spread widened to 1,473 basis points, surpassing Senegal’s 1,423 basis points, according to data tracked by JPMorgan Chase. Spreads above 1,000 basis points are widely seen as a sign of distress….

Africa

Africa: Growth Drives African Sovereign Ratings to Highest Level Since 2020

eriinfo.com2 months ago06 mins

Africa’s sovereign credit outlook is improving as economic growth stabilizes and fiscal reforms take hold across several countries, according to recent sovereign rating assessments. S&P Global Ratings shows African sovereign ratings at their highest level since 2020. The improvement comes as some governments reduce fiscal deficits and strengthen foreign reserves. The outlook improves after several…

Africa

Africa: G20 Pledges to Fight Global Inequality and Rising Sovereign Debt Crisis

eriinfo.com6 months ago07 mins

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…

Africa: Experts Call for Urgent, Politically Feasible Solutions to Sovereign Debt Crisis Ahead of G20 Summit

eriinfo.com6 months ago020 mins

Many developing countries, particularly in Africa, are experiencing a rapidly worsening sovereign debt crisis, according to global economic experts. Economic stability is at risk if this crisis is not addressed quickly and thoroughly, and experts are calling on G20 leaders to commit to strong actions as they prepare to meet this month in Johannesburg, South…

Africa

Africa at the Digital Crossroads – Why Ghana Must Lead a Sovereign AI Future

eriinfo.com8 months ago021 mins

A New Scramble, Waged in Data Africa is once again at the center of a global scramble. This time not for rubber, gold, or oil, but for data. Every mobile payment, social media post, satellite image, and biometric enrollment enriches the digital empires of Silicon Valley, Shenzhen, and other power centers. The pattern is hauntingly…

Africa

Africa: Sovereign Carbon Initiatives – A Climate Justice Tool Endorsed by the African Union and Immediately Deployable Across Africa

eriinfo.com9 months ago010 mins

The Africa Sovereign Carbon Registry Foundation is urging African nations to exercise their right to collect carbon contributions under the “polluter pays” principle. The foundation spoke this week at the second Africa Climate Summit (ACS2) in Addis Ababa, where it was officially endorsed by the African Union. Paul Sébastien, an international carbon markets expert and…

OpEd: Sovereign compute growth is within reach – if SA gets neocolonial

eriinfo.com9 months ago08 mins

ITWeb contributor Phillip de Wet. Microsoft apparently has the “most comprehensive set” of solutions. Google offers “the most comprehensive and flexible solution”. But AWS, according to AWS, is “the only fully-featured, independently operated” solution. It’s a great time to be in the market for a sovereign cloud – as long as you are in Europe….