UNGA: U.S. plans $225m investment to support Africa

By Guardian Nigeria • Doles out $247m to support humanitarian needs• Seeks private sector partnership to fight corruption The United States yesterday announced $225 million in investments to support emerging democracies in the face of a rise in autocracies around the world. Secretary of State Antony Blinken and Samantha Power, administrator of the US Agency for International Development (USAID),…

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Honda Expected To Roll Out Big Updates To 2024 Africa Twin

More torque and road-focused handling characteristics seem to be in the pipeline. Honda is anticipated to roll out major updates to its flagship adventure bike, the CRF 1100 Africa Twin, for the 2024 model-year. Reports suggest that the new and updated Africa Twin will sport refinements to the engine, chassis, and overall setup, appearing to cater to more road-focused…

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Africa has to restructure International Financial System – Ruto

President William Ruto has said that African countries should restructure the International Financial System. Ruto said that many countries are off track on the achievement of Sustainable Development Goals and climate actions. He said a proper financing model will help nations such as Kenya plan their goals better. “We need to rethink the whole architecture around financing. It is…

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Africa has to restructure International Financial System – Ruto

President William Ruto has said that African countries should restructure the International Financial System. Ruto said that many countries are off track on the achievement of Sustainable Development Goals and climate actions. He said a proper financing model will help nations such as Kenya plan their goals better. “We need to rethink the whole architecture around financing. It is…

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Africa represents opportunities to tech investors – Expert

Africa indeed presents numerous opportunities for funding investors. The continent’s economic landscape is evolving, and it offers a wide range of investment possibilities across various sectors. Kristin Wilson, Portfolio Consultant & Strategy Lead, Spurt said this at the Inspire Africa Conference on Monday 18 September. She was joined on a panel with Lavanya Anand, SR, Investment Manager, Africinvest Group…

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China’s key policy principles ensure success of the Belt and Road Initiative in Africa

The Belt and Road Initiative (BRI) marks its 10th anniversary this year since it was proposed by H.E.President Xi Jinping of China in 2013. The BRI aimed at opening up new solid and strong economic partnership between China and other countries, especially developing nations. The BRI is a symbolic commitment of China to help the countries along the Silk…

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Report: Africa Steering Geopolitical Challenges with Resilience, Economic Opportunities

Nairobi, Kenya —  A leading global risk consultancy says that despite the impacts of the war in Ukraine, global inflation, climate and security challenges, Africa continues to find resilience. A new report by Control Risks and its economics consulting partner, Oxford Economics Africa, finds that as global tensions create disruptions, they are also providing many African governments significant political,…

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Tanzania: VP Mpango to Address Unga78

UNITED STATES ,New York : VICE- PRESIDENT Dr Philip Mpango is set to address the world leaders during the Sustainable Development Goals (SDG) Summit at the 78th United Nations General Assembly (UNGA78) in New York tomorrow. Dr Mpango left the country on Monday this week to represent President Dr Samia Suluhu Hassan at the assembly. According to a statement…

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Africa Calls For Action on Climate, Investment at UN Assembly

African leaders, including Zimbabwe’s President Emmerson Mnangagwa, Nigeria’s President Bola Tinubu and South Africa’s President Cyril Ramaphosa are in the U.S. for the 78th United Nations General Assembly (UNGA) which is taking place from September 19 to September 26, 2023. In his first UNGA meeting as newly-elected leader of Nigeria, Tinubu called for “genuine partnership for Nigeria and Africa’s…

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