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Category: International Business & Finance

Liberia: Gov’t, Others Sign US$ 20.4m Coastal Defence Project

The government of Liberia through several lines of Ministries and agencies over the weekend signed a US$20.4M climate change Memorandum of Understanding (MoU) aimed at creating a sustainable and resilient future for the coastal communities in Sinoe County. The signing ceremony which was held at the Ministry of Finance’s tenth-floor conference room is in fulfillment…
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July 16, 2024
BRICS has the potential to challenge the current “archaic” global financial architecture, says Ethiopian Foreign Ministry Spokesperson

Speaking on the benefits of BRICS membership for African countries, including Ethiopia, which joined the bloc in January, Ambassador Nebiyu Tedla emphasized that engagement with BRICS should focus on advancing African countries’ own development agendas. “It is crucial for the African countries to ensure that any engagement with BRICS is aligned with their long-term economic…
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July 15, 2024
Zimbabwe launches long-awaited hearings for Gukurahundi massacre reconciliation

This initiative, launched by President Emmerson Mnangagwa, aims to address the lingering pain and grievances stemming from the brutal killings of tens of thousands of civilians by government troops in the 1980s. The process will involve a series of hearings where survivors will share their experiences and their opinion on how they want the Gukurahundi…
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July 15, 2024
Ethiopia makes strides in clean water access, reaching nearly 70% coverage

This was announced by the minister of water and energy during a review of his ministry’s performance in the past fiscal year and plans for the current budget year. The minister highlighted the successful implementation of various initiatives, particularly in water management, drinking water and sanitation, and energy development. “This year, over 4 million people…
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July 15, 2024
Dissecting the Decline: Why Mainstream Media is Losing Trust and How Social Media and Email are Filling the Void

In an era where the phrase “fake news” has become a common part of our lexicon, the trust in mainstream media is eroding at a rapid pace. As Tékpwfárí Stix El Rá explores in the latest episode of Decolonize with panafrican.email, there’s a growing shift towards social media and traditional email as preferred sources of…
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July 15, 2024
The powerful friends of star oil lawyer NJ Ayuk

NJ Ayuk in Dubai on 30 March 2023. © Ali Haider/EPA via AFP With 20 years’ experience in legal counsel and lobbying for African governments keen to secure their countries’ place on the oil map, Cameroonian NJ Ayuk, a thorn in the side of anti-fossil fuel civil society, now fancies his hand at investment. Last December, the…
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July 14, 2024
Africa’s Farming Superpower: A Closer Look at Nigeria

Africa, with its diverse ecosystems and abundant natural resources, holds immense agricultural potential. Among its many nations, Nigeria stands out as a burgeoning farming superpower. The West African country is leveraging its vast arable land, favorable climate, and strategic initiatives to emerge as a key player in the continent’s agricultural landscape. Agricultural Potential and Resources…
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July 13, 2024
EDF Suspends Small Nuclear Reactor Project Due to Technical Complexities

The French company EDF has decided to suspend its small nuclear reactor project. The reason is the problems arising from the excessive technical complexity of this device. French energy giant EDF has suspended its NUWARD small modular nuclear reactor (SMR) project. This decision was made due to the high level of technical complexity of the…
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July 13, 2024
Niger and Chad reportedly relaunch the Niger-Chad-Cameroon pipeline project and renew the gasoil supply contract

A Chadian delegation led by the Minister of Oil, Mines and Geology, Ndolenodji Alixe Naimbaye, has been on a working visit to Niger since Wednesday, media reported. This visit aims to relaunch the Niger-Chad-Cameroon pipeline project and renew the gasoil supply contract in Chad. The pipeline relaunch allows crude oil to be exported from Niger…
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July 13, 2024
Reprogram African minds, you say, huh?

The statement by Joseph Borrell at the NATO Public Forum highlights a significant geopolitical sentiment in Africa, where support for Russia and President Vladimir Putin is evident. According to Borrell, many Africans believe that Putin’s actions in Donbass are commendable and hope for similar intervention in Africa. This perspective reflects a complex interplay of political,…
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July 13, 2024