Category: Africa
Raw Minerals Exploitation Fuels Conflicts – UN
By: David Shoombe The United Nations Security Council Meeting on Natural Resources Governance has taken a stand in stopping the exploration of raw materials and promoting local beneficiation. UN Chief António Guterres has stated that the growing…
Angola’s Kwanza Now a Settlement Currency in SADC…Botswana Pula is next
By: Nghiinomenwa-vali Hangala The Angolan kwanza has become the second settlement currency to be introduced in the SADC real-time gross settlement (SADC-RTGS) system, which has settled transactions exclusively in South African rand since its inception in 2013. The South African…
Can Namibia Truly Industrialise Under SACU?
By: Gabriel Nghituwamata Haulyamayi The 9th SACU Summit in Cape Town offered ambitious rhetoric about regional industrialisation, but for Namibia, the gap between promise and reality has never been wider. When President Cyril Ramaphosa declared at the…
Resources Matter, so Does Deployment Knowhow – ECA
By: Helmut Mahogo General and Executive Secretary of the Economic Commission for Africa, Claver Gatete, called for domestic resource mobilisation as the foundation of Africa’s economic transformation. Gatete said this as he addressed the 49th Ordinary Session of the…
ECOWAS To Launch a Single Currency By 2027
By: Helmut Mahongo The Economic Community of West African States (ECOWAS) has reaffirmed plans to launch a single currency dubbed the ECO by next year. The union announced this after its 69th ECOWAS summit of Heads of State…
Fragmented Systems Cost Africa Around US$100 billion Annually
By: Dwight Links The African Continental Free Trade Area (AfCFTA) has noted that Africa’s fragmented systems are costing the continent billions in intra-trade, investment and convenience. Wamkele Mene, secretary-general for the AfCFTA, said this last week during a partnership…
Africa needs $ 1.4 Billion to End Ebola
By: David Shoombe African governments have been informed that the continent needs US$1.4 billion to end the Ebola outbreak in central Africa. This was revealed during the African Union (AU) Extraordinary Session Assembly on Ending AIDS by 2030…
SADC Calls for Increased Investment in Energy Infrastructure …Africa trails with only 50% electrification rate
By: Helmut Mahongo The Southern African Development Community (SADC) Deputy Executive Secretary for Regional Integration, Makombo N’Tumba, called for increased investment in energy infrastructure. N’Tumba said this in her introductory remarks at the recently held 44th Joint Meeting…
Continental Regulator to Collaborate on Substandard and Falsified Medical Products
By: Helmut Mahongo The African Medicines Agency (AMA) and Medicines for Africa (MFA) signed a Memorandum of Understanding (MoU) on combating the rise in the use of substandard and falsified medical products. The MoU, which was signed in…
APRM Praises Zimbabwe’s Key Economic Reforms
By: David Shoombe Key findings on the Zimbabwe Targeted Review Report presented by Ambassador Aly El-Hefny, highlighted the progress achieved in strengthening economic governance. The strengthening was achieved via improved public financial management, improvement in anti-corruption and anti-money laundering…