The meeting will be the first time the top US diplomat and Russia’s foreign minister have been in the same room since January. Foreign ministers from the world’s largest nations are looking to address the war in Ukraine and its impact on global energy and food security when they meet in Indonesia this week. However, instead of providing unity,…
The meeting will be the first time the top US diplomat and Russia’s foreign minister have been in the same room since January. Foreign ministers from the world’s largest nations are looking to address the war in Ukraine and its impact on global energy and food security when they meet in Indonesia this week. However, instead of providing unity,…
Victoria Kwakwa has been appointed the new Vice President of the World Bank for the eastern and southern regions of Africa. This announcement was made on Friday, July 1, 2022, by the World Bank. Kwakwa takes over from Hafez Ghanem, who retired from the World Bank on June 30, 2022. The Washington-based financial institution said that Kwakwa, who has…
The United Kingdom(UK) government is planning a £235 million capital investment in the hydropower sector in Africa. UK Prime Minister, Boris Johnson, while in Rwanda for a meeting with Commonwealth leaders, said, he welcomes Green Industrial Revolution ‘sweeping across Africa.’ “The major new UK investments and public-private partnerships are turbocharging the clean energy transition in Africa,” Boris said at…
The United Kingdom(UK) government is planning a £235 million capital investment in the hydropower sector in Africa. UK Prime Minister, Boris Johnson, while in Rwanda for a meeting with Commonwealth leaders, said, he welcomes Green Industrial Revolution ‘sweeping across Africa.’ “The major new UK investments and public-private partnerships are turbocharging the clean energy transition in Africa,” Boris said at…
Mega spending plan Partnership for Global Infrastructure and Investment aims to counter influence of China’s belt and road strategy PGII follows Western announcements for Prosper Africa Initiative, Build Back Better World and Global Gateway, all intended for projects in the developing world Greater infrastructure spending would be welcome in Africa, where there is a huge financing gap, but African…
By Duncan Miriri and Joe Bavier THIKA, Kenya (Reuters) – Watching workers poke avocados from the treetops in an orchard owned by Kenyan agriculture firm Kakuzi, managing director Chris Flowers revels in the thought some might soon go to the crown jewel of emerging consumer markets: China. Taking advantage of Beijing’s deeper focus on trade with African countries to…
By Duncan Miriri and Joe Bavier THIKA, Kenya (Reuters) – Watching workers poke avocados from the treetops in an orchard owned by Kenyan agriculture firm Kakuzi, managing director Chris Flowers revels in the thought some might soon go to the crown jewel of emerging consumer markets: China. Taking advantage of Beijing’s deeper focus on trade with African countries to…
The European Parliament on Thursday backed a report advocating the use of trade policy to equalize relations between African countries and the European Union. “For too long, Africa has been reduced to a supplier of raw materials, with the result that the continent’s immense economic potential remains untapped,” Kathleen Van Brempt, a Belgian Social Democrat member of the European…
The European Parliament on Thursday backed a report advocating the use of trade policy to equalize relations between African countries and the European Union. “For too long, Africa has been reduced to a supplier of raw materials, with the result that the continent’s immense economic potential remains untapped,” Kathleen Van Brempt, a Belgian Social Democrat member of the European…