Nairobi — African countries vulnerable to climate change are diverting significant public resources towards debt repayments at the expense of climate action, food security and investments in resilience, according to new reports by ActionAid. The reports warn that rising sovereign debt and the continued reliance on loans rather than grants for climate financing are worsening…
The head of the UN’s climate body has warned that treating global warming as a partisan issue is dangerously out of step with reality, as he set out a stark account of the economic toll climate change is already inflicting on Europe. Simon Stiell, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC),…
The Economic Community of West African States Regional Competition Authority (ECOWAS-ERCA) has warned that price-fixing, market allocation and anti-competitive practices were undermining economic integration and driving up the cost of goods across West Africa. The authority said such practices deny consumers fair prices, limit opportunities for small businesses and weaken the region’s competitiveness. Speaking yesterday…
On 25 June, the CA issued a directive ordering television and radio stations to stop the live broadcasting of anti-government protests, citing “national security and public order concerns”. Some media houses, which were broadcasting the demonstrations live, were taken off air by the regulatory agency. Following the CA’s directive, the Media Sector Working Group stated…
