The country has 9.1 million jobs and 14.1 million people of working age, said Cláudio Fortuna, researcher at the Center for African Studies at the Catholic University of Angola (UCAN), yesterday in Luanda. During the National Conference on Natural Resources in Angola a Blessing for All, which addressed the topic “Economic Challenges with a focus …
Analysts at the Economist Intelligence Unit (EIU) expect 2024-2025 to be a period of relative stability of the Kwanza against the US dollar, due to the “cushion” of foreign exchange reserves. The EIU report, to which Lusa had access, points to a stabilization of the Kwanza, after an estimated devaluation of 34 percent in mid-2023, …
Angola: Experts predict stability of the Kwanza in relation to the Dollar Read More »
It will improve access to electricity for households, social infrastructure and micro, small and medium-sized businesses. The Board of Directors of the African Development Bank Group approved, Wednesday, November 29, 2023 in Abidjan, a loan of 101.10 million euros to Kenya to implement the third phase of the Last Mile Connectivity Project. It will improve …
The Minister of Foreign Affairs and International Cooperation, Abdoulaye Diop, inaugurated the meeting of experts on November 27, 2023, preparatory to the meeting of Foreign Ministers of the Alliance of Sahel States (AES). In his opening speech, Mr. Diop warmly welcomed the participants from Ouagadougou and Niamey, emphasizing the feeling of brotherhood and unity that …
Natural gas has a vital role to play in the energy mix that the continent needs to meet its current and growing energy needs. It would be an understatement to say that Tanzania’s Songo Songo gas field has been beneficial to the country and its citizens. Since 2004, the project’s production has been put to …
Africa: Natural gas is the key to a just energy transition in the continent Read More »
The Chadian Collective Against Expensive Living (CTCV) of Dingamnayel Versinis initiated a day of protest on November 28, 2023 without motorcycles or machines in Moundou to contest the rise in fuel prices. Versinis shared his perspectives on this event in an interview. According to Versinis, although participation was not total, many conscious citizens supported the …
Chad: CTCV suggests control measures in the face of rising fuel prices in Moundou Read More »
In a collective effort to advocate for fair compensation, Mobile Money (MoMo) agents in Ghana are implementing a temporary measure, restricting cash withdrawals to a maximum of GH¢1,000 per transaction, starting December 1, 2023. The decision, jointly announced by four prominent MoMo Associations—Northern MoMo Agents Association of Ghana (NOMAAG), Mobile Money Advocacy Group (MOMAG), Mobile …
Ghana: MoMo Agents Set GH¢1,000 Limit on Cash Withdrawals per Transaction. Read More »
President Bola Ahmed Tinubu emphasized economic growth and national security as key priorities while presenting his inaugural budget proposal since assuming office and initiating sweeping reforms. Addressing lawmakers in Abuja, President Tinubu highlighted the pivotal aspects of the 27.5-trillion naira ($34.84 billion) budget for 2024, stressing the critical need to attract investments and address the …
Nigerian President Unveils Landmark Budget Following Extensive Reforms. Read More »
African Development Bank Group President Dr. Akinwumi Adesina emphasized Africa’s vast wealth of natural resources, possessing $6.2 trillion in value, 65 percent of the world’s uncultivated arable land, and a burgeoning youth populace, underscoring that the continent should not endure poverty. Addressing an audience at The Guardian’s 40th-anniversary lecture in Lagos themed ‘For the World …
AfDB President Adesina: Africa’s Abundance Implies Unacceptable Poverty. Read More »
The country’s energy industry is promoting and undertaking green initiatives that align with the set United Nations Sustainable Development Goals (SDGs) for clean energy. One of the initiatives is the Africa Mini-grids Programme (AMP), which is a country-led technical assistance programme with the objective of supporting access to clean energy by increasing the financial viability …
ESWATINI: AFRICA MINI-GRIDS PROGRAMME FULFILLING COP27 CLEAN ENERGY VISION Read More »