Edson Baraukwa | Africa Guardian Summary : France’s Alleged Nuclear Testing Plans in Central Africa Republic Spark Global Outrage A leaked document, purportedly from the French Ministry of Armed Forces, has triggered widespread condemnation over claims that France may use the Central African Republic (CAR) as a site for nuclear weapons testing. The document, dated November 19, 2024, allegedly…
Edson Baraukwa | Africa Guardian Summary : France’s Alleged Nuclear Testing Plans in Central Africa Republic Spark Global Outrage A leaked document, purportedly from the French Ministry of Armed Forces, has triggered widespread condemnation over claims that France may use the Central African Republic (CAR) as a site for nuclear weapons testing. The document, dated November 19, 2024, allegedly…
Edson Baraukwa | Africa Guardian The International Finance Corporation (IFC) has committed a historic $14.2 billion in investments across Africa in the 2024 fiscal year, marking a 23% increase from the previous year. This record investment is aimed at boosting growth in critical sectors such as clean energy, manufacturing, digital connectivity, agriculture, small businesses, and trade, with a particular…
Elizabeth Antidius Shumbusho | Africa Guardian SpaceX’s Starlink internet service is rapidly reshaping Africa’s telecommunications landscape by offering faster connectivity and reaching underserved rural areas. While it plays a positive role in providing vital services like telemedicine and digital education, its limited local involvement, regulatory hurdles, and business practices raise concerns. In less than two years, Starlink, SpaceX’s satellite…
Elizabeth Antidius Shumbusho | Africa Guardian SpaceX’s Starlink internet service is rapidly reshaping Africa’s telecommunications landscape by offering faster connectivity and reaching underserved rural areas. While it plays a positive role in providing vital services like telemedicine and digital education, its limited local involvement, regulatory hurdles, and business practices raise concerns. In less than two years, Starlink, SpaceX’s satellite…
Are Africa’s Sovereign Credit Ratings Hindering Economic Growth? Our Correspondent | Africa Guardian Sovereign credit ratings play a pivotal role in determining a country’s cost of borrowing and access to global capital markets. The “Big Three” credit rating agencies—Standard & Poor’s, Moody’s, and Fitch—assign these ratings, influencing everything from government borrowing costs to economic activity across sectors. However, questions…
Are Africa’s Sovereign Credit Ratings Hindering Economic Growth? Our Correspondent | Africa Guardian Sovereign credit ratings play a pivotal role in determining a country’s cost of borrowing and access to global capital markets. The “Big Three” credit rating agencies—Standard & Poor’s, Moody’s, and Fitch—assign these ratings, influencing everything from government borrowing costs to economic activity across sectors. However, questions…
Edson Baraukwa | Africa Guardian President Joe Biden pledged an additional $600 million for the Lobito Corridor rail project on the final day of his historic visit to Angola, marking a significant milestone in U.S.-Africa relations. Speaking to African leaders, Biden emphasized the continent’s potential, declaring, “Africa is the future.” The Lobito Corridor, a multi-nation rail project, is set…
Edson Baraukwa | Africa Guardian President Joe Biden pledged an additional $600 million for the Lobito Corridor rail project on the final day of his historic visit to Angola, marking a significant milestone in U.S.-Africa relations. Speaking to African leaders, Biden emphasized the continent’s potential, declaring, “Africa is the future.” The Lobito Corridor, a multi-nation rail project, is set…
Charles Muchoki | Africa Guardian Olanrewaju Babalola, a business consultant with the Nebraska Business Development Center, is championing entrepreneurial empowerment for African youth, highlighting skill development as a cornerstone for economic resilience. Speaking at the Global Finance and Entrepreneurship Bootcamp, hosted by Bold Money College in Nigeria on December 2, 2024, Babalola unveiled his vision in a presentation titled…