Blueprint for global financial architecture for Africa

African leaders have finally laid out the blueprint for the financial architecture that many of the continent’s political bigwigs and economists have been calling for, clearly painting the picture that has been at best a silhouette in recent years.

China, US show two completely different visions of global security

He Lei A country’s fundamental concept and outlook on global security and stability determines its important policy and practical measures towards maintaining world peace. In today’s world, China and the US…

ANC in talks with opponents on forming next government

JOHANNESBURG. – After failing to get a majority in last week’s election, South Africa’s ruling African National Congress (ANC) has begun closed-door negotiations with its political opponents to begin talks…

Africa can ill-afford US$75bn interest payments: AfDB

African nations will spend US$75 billion on debt interest payments this year, money they desperately need for pressing issues such as social spending and public investments, according to the African Development Bank (AfDB).

Tanzania, Ethiopia sign loan deals with S. Korea

DAR ES SALAAM. — Tanzania and Ethiopia said they had signed accords with South Korea for loans of billions of dollars, part of broader deals that will give the Asian nation access to Africa’s crucial mineral resources and vast export market.

Poor facilities cost African teams home advantage

Nearly half of the African countries hosting World Cup qualifiers over the next week are being forced to host their matches in neutral venues as the Confederation of African Football…

Hamas ready to reach ‘full agreement’ if Israel stops war

GAZA. – Hamas has announced that it has informed mediators of its readiness to reach a “full agreement,” including a comprehensive hostages-prisoners exchange deal, if Israel stops its war in…

Kenya to receive assistance from China

MOMBASA. – Aid worth 370 million Kenyan shillings ($2.8 million) from China is due to arrive in Kenya to assist in restoration from the recent floods that affected the East…

Mbappe signs for Real Madrid

Kylian Mbappe has signed a five-year deal to move to Real Madrid from Paris Saint-Germain, the Spanish club announced yesterday.  “Real Madrid have reached an agreement for the player to…

Most influential companies in 2024

More than just a badge of honour, the global recognition of African companies signifies a dramatic change in the perception innovation on the continent. It also conveys Africa’s capacity for global competition and impact. 

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