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Page : 287 - Results of 2861 to 2870 from 15952 Results

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21/09/2023
His decision to seek another term doesn't come as a surprise. In 2022, he had made it clear that he would remain president for as long as the people supported him. Rwandan President Paul Kagame (pictured) has announced his intention to run for a fourth term in 2024. "I am grateful for the confidence that Rwandans have shown in me. I will continue to serve them for as long as I am able," he...
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21/09/2023
Nearly 90% of Burundi's population has no access to Internet services, according to DataReportal. The Burundian government aims to bridge this gap as part of its digital transformation. SpaceX has begun talks with the Burundian authorities to launch its Starlink satellite Internet services in the country. A delegation from the US firm was given an audience by President Evariste Ndayishimiye, on...
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21/09/2023
Thirteen years after denouncing a similar case involving armed groups, the UN has once again revealed a case of misappropriation of aid funds by local authorities in Somalia. The findings of this new investigation have been compiled in a report published on September 18 by Devex, a media platform focused on global development issues, which claims to have received a copy of the "highly...
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21/09/2023
The African Development Bank and the Korea Environmental Industry and Technology Institute (KEITTI) have signed a joint technical assistance agreement to enable the scale up of investment in low-carbon and climate-resilient technologies. This will ultimately support climate change mitigation and adaptation efforts in many African countries. The two parties signed the pact on14 September, on the...
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21/09/2023
The World Bank agreed to grant Benin $230 million to help enhance the country’s economic and climate resilience. In a September 18 statement, the lender said this new financing will specifically support private-sector-led growth, boost national revenue collection, and build social and climate resilience. Funds will be channeled through International Development Association (IDA), the...
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20/09/2023
The deployment of a Burkinabe troop to Niger is part of a project of solidarity and collective defense. In late August, the head of the Niger junta signed a decree authorizing Burkina Faso and Mali to intervene "in the event of an external threat." Yesterday, Burkina Faso's Transitional Legislative Assembly unanimously passed a law authorizing the deployment of a military contingent to...
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20/09/2023
The strengthening of diplomatic ties between Turkey and Africa has significantly boosted bilateral trade. Yasin Ekrem Serim, the Turkish Deputy Foreign Minister, announced on September 19 that trade between his country and Africa has increased eightfold over the past two decades, reaching $40.7 billion in 2022. "Our trade with Africa has multiplied eightfold. It was $5.4 billion in...
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20/09/2023
The report shows that China is backing big African infrastructure projects less, as many countries on the continent are debt-laden.  China loaned $994.48 million to African governments in 2022, the lowest since 2004. This is according to a report released on September 19 by the Global Development Policy Center, a think tank affiliated with Boston University (USA). Titled "A New State...
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20/09/2023
In the Seychelles, tourism currently faces two major challenges. First is the impact of climate change, and second is the economic slowdown in regions where the Island mostly gets tourists from, Europe especially. The Seychelles should record a 3% growth in tourism revenues in 2024-2025. This is far from the 24% increase recorded between 2016 and 2019. Fitch disclosed the figures in a report...
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20/09/2023
Guinean law firm Thiam & Associés advised China Baowu Steel Group ("Baowu"), the world's largest steel producer, on the signing in Beijing (People's Republic of China) of the Investment Agreement with the Winning Consortium Simandou Group, relating to Baowu's investment in Blocks 1 and 2 of the Simandou Project. This is a major milestone for Baowu, as it gives concrete expression to its...
 

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