COP27 talks extended as hope remains for loss and damage deal

COP27 talks extended as hope remains for loss and damage deal

Climate talks in Sharm el-Sheikh, scheduled to wrap up on Friday, will continue through at least Saturday, according to Egyptian media outlets citing Egyptian Foreign Minister Sameh Shoukry. Shoukry said he remains concerned about many outstanding issues at the COP27 United Nations Climate Change Conference. Shoukry met with United Nations…

Biden commits $100m to climate adaptation, $150m for Africa

Biden commits $100m to climate adaptation, $150m for Africa

President Joe Biden of the United States announced a new US$100 million commitment to the climate Adaptation Fund and an additional $150 million in new support for  the President’s Emergency Plan for Adaptation and Resilience (PREPARE) efforts across Africa. The announcement, made during Biden’s speech to COP27 in Sharm el-Sheikh, Egypt,…

At COP27, Kenya’s Ruto makes Africa’s case on climate

At COP27, Kenya’s Ruto makes Africa’s case on climate

President William Ruto of Kenya made the African case for climate action at COP27 on Monday, focusing on loss and damage funding and delays he called “cruel and unjust” as Africans already experience catastrophic impacts. “Loss and damage is not an abstract topic of endless dialogue: it is our daily…

IMF eyes worrisome trends for sub-Saharan economies

The latest International Monetary Fund forecast for sub-Saharan Africa calls for continued slow economic growth through 2022, with similar conditions next year —an outlook that remains highly uncertain, the IMF said. “Late last year, sub-Saharan Africa appeared to be on a strong recovery path out of a long pandemic,” said…

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

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…