President Uhuru Kenyatta of Kenya is among world leaders whose financial dealings are detailed in the new “Pandora Papers” investigative report released Sunday. The report, billed as the largest investigation in journalism history, involves more than 600 journalists from 150 news outlets around the world, according to the International Consortium…
The European Union has placed the Indian Ocean island nation of Seychelles on its “taxation blacklist,” which it says is meant to encourage good governance and help countries reform their tax-haven policies. The EU list of “non-cooperative jurisdictions” now includes 12 nations listed because of concern that their policy environments…
As the Chinese celebrate the government’s 70th anniversary, a new paper on Beijing’s relationships with African nations explores how Belt and Road Initiative (BRI) projects are actually being implemented – and it offers a few surprising conclusions. The paper from the Brookings Institution in the United States is part of…
Laureen is the editor of Africa Times
The African continent is attracting some USD$20 billion in energy investment from government-backed development institutions across the world each year – but far too much of it promotes fossil fuels rather than the shift to renewable energy. That’s according to a new analysis from Oil Change International, an advocacy organization based in…
The UK’s development finance institution, CDC, and Standard Chartered Bank today announced an up to USD$100 million in investment funding to grow businesses in Zimbabwe – a move that heralds a new start for the country as the UK has long withheld support while awaiting economic and social reforms. The…
The high rise can mean high risks when making professional decisions, according to an intriguing new study set for publication in the Journal of Consumer Psychology. A team of U.S. researchers conducted experiments to measure the impact of elevation – commonly found in the high-rises of Nairobi, Cape Town, Cairo…
Côte d’Ivoire continues its fast-paced economic growth, and its medium-term outlook remains favorable although some risks remain, according to an International Monetary Fund (IMF) staff team that’s just wrapped up a visit to Abidjan. The IMF team led by Dhaneshwar Ghura met with, among others, President Alassane Ouattara, Prime Minister…
Ghanaian President Nana Akufo Addo will meet Wednesday with Chancellor Angela Merkel in Germany, where he is finishing up a 10-day tour that also took him to Togo and the United States. The two are expected to discuss bilateral relations with an emphasis on economic partnership. Ghana is one of…
United Nations Secretary General António Guterres, speaking at a session on Africa and the G7 during the weekend summit in Italy, emphasized six strategies for advancing growth across the continent while reducing the risks that unemployment and economic frustration create for peace and security. Guterres noted the challenges facing fragile…
Environmental champion Youba Sokona’s resignation is effective April 30, so as of Sunday the Malian scholar will no longer serve in his leadership role at the Africa Renewable Energy Initiative (AREI). At first glance, it may seem hardly newsworthy and entirely forgivable to not know who Sokona and the AREI…
#Zumamustfall is the hashtag thousands of South Africans are using for the nationwide protest which is calling for the ousting of President Jacob Zuma. Zuma has faced a massive backlash for dismissing South Africa’s Finance Minister Nhlanhla Nene and replacing him with ANC MP Des van Rooyen. The news was…