UNGA: African leaders focus on food insecurity, climate change

UNGA: African leaders focus on food insecurity, climate change

African leaders speaking at the United Nations General Assembly (UNGA) in New York laid out their case for how the destabilized global environment is impacting their nations, with food insecurity due to the Russia-Ukraine conflict a priority. The leaders of Ghana, Nigeria, and Rwanda were among those speaking at Wednesday’s…

World Bank’s IDA20 launches $93B in funds for low-income nations

World Bank’s IDA20 launches $93B in funds for low-income nations

The World Bank has formally launched its US$93 billion in funding commitments to help low-income countries build up their economies in response to the COVID-19 pandemic and other setbacks, with funds sourced in part from 52 donor nations through the IDA20 replenishment. The funding is meant to target “overlapping crises—climate…

Ahead of COP27, Gabon hosts Africa Climate Week

A high-level meeting in Gabon has African leaders focused on how the continent can provide solutions to the global climate crisis, with President Ali Bongo Ondimba welcoming ministers and delegates from 42 nations as well as United Nations representatives. “In less than three months, the UN Climate Change conference will…

Togo commits to African cybersecurity hub in Lomé

The West African nation of Togo is set to become the home of a new African Center for Coordination and Research in Cybersecurity. The central hub, to be located in Lomé, will serve to collect cybersecurity information and intelligence for the region, in an effort to support a “true African…

Masisi pitches Botswana at U.S.-Africa Business Summit

President Mokgweetsi Masisi of Botswana, right, served as speaker during a discussion of technology and digital services as part of Wednesday’s opening sessions of the U.S.-Africa Business Summit 2022 in Morocco. Masisi said he welcomed the opportunity to promote African economic development and opportunity, while making a specific case for…

Ghana makes its case for IMF deal as economy woes drive protests

Ghanaian politicians took to the airwaves on Monday, defending their decision to work toward an International Monetary Fund financing deal in order to pull out a country mired in economic crisis. “Times are hard globally and locally too,” said information minister Kojo Oppong Nkrumah, in one of several media interviews…

Opposition grows to Ghana’s Agyapa gold deal

Civil society organizations in Ghana are stepping up their opposition to the Agyapa Royalties deal advanced by President Nana Akufo-Addo, which would set up an offshore company in the Channel Island tax haven of Jersey. The deal, approved by parliament in 2018, was established by the Minerals Income Investment Fund…

South Africa confirms Gupta arrests in UAE

Two members of the Gupta family, wanted in South Africa in connection with a years-long “state capture” corruption investigation involving multiple entities and officials, have been taken into custody in the United Arab Emirates (UAE). The arrest of Rajesh and Atul Gupta was confirmed late Monday by the Ministry of…

Central African Republic adopts Bitcoin as official currency

The Central African Republic has become the first nation in Africa to adopt Bitcoin as an official currency, saying the move will put the C.A.R. “on the map of the most courageous and visionary countries in the world.” President Faustin-Archange Touadéra announced the decision in a statement, welcoming the news…