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…

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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…

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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…

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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…

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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…

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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…

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Our Correspondent | Africa Guardian The Africa Energy Bank (AEB), set to begin operations by March 2025, marks a major milestone in Africa’s journey toward energy self-sufficiency. Launched by the African Export-Import Bank (Afreximbank) in partnership with the African Petroleum Producers’ Organization (APPO), the AEB is poised to empower African nations to take control of their energy future. The…

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Elizabeth Antidius Shumbusho | Africa Guardian For decades, access to financial services in Africa was marked by stark disparities—between rural and urban areas, men and women, and small businesses versus larger enterprises. These gaps left millions, particularly the continent’s most vulnerable, excluded from the formal economy, stifling entrepreneurship, limiting credit access, and restricting financial mobility. However, the tides began…

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Elizabeth Antidius Shumbusho | Africa Guardian For decades, access to financial services in Africa was marked by stark disparities—between rural and urban areas, men and women, and small businesses versus larger enterprises. These gaps left millions, particularly the continent’s most vulnerable, excluded from the formal economy, stifling entrepreneurship, limiting credit access, and restricting financial mobility. However, the tides began…

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