Category: AFRICA

The Nation and Democracy Wins in Ghana

By: Mohammed A. Abu Following the generally peaceful Presidential and Parliamentary elections held on December 7, in the West African nation of Ghana, the Chairperson of the country’s Electoral Commission(EC), Jean Mensa, on December.9, declared the country’s former President John Dramani Mahama as the winner of the country’s 2024 Presidential elections and President elect. According to Jean Mensa, who is also the EC’s returning officer, Mr. John Mahama polled 6,328,397 representing 56.55% of the total ballot cast, while his main contestant, the vice president and presidential candidate of the governing…

Africa Investment Forum 2024: Turning Continent’s Potential into Bankable Opportunities

RABAT, Morocco, December 6, 2024/ — $15 billion in deals already originated Private capital in Africa will be more attractive than other emerging markets in five years’ time Africa has the lowest infrastructure default rates in the world—Moody’s Analytics The Africa Investment Forum kicked off its 2024 Market Days in Rabat, Morocco, with leaders highlighting the continent’s bankability and readiness for investment. In her welcoming remarks, Morocco’s Minister of Economy and Finance Nadia Fettah Alaoui told more than 1,000 delegates that this year’s Forum was a critical moment for creating…

Namibia’s Cabinet Approves Upstream Local Content Policy, Marking a Turning Point for the Industry

JOHANNESBURG, South Africa, December 4, 2024/ — In a strategic move for the industry, Namibia’s cabinet has approved the National Upstream Local Content Policy. The progressive policy is set to play a crucial role in reducing the nation’s dependency on foreign expertise by focusing on the development of local capacity. Aimed at strengthening economic sovereignty and empowering Namibians within the country’s oil and gas industry, the policy marks a turning point for the country as it targets first oil production by 2029. The African Energy Chamber (AEC) – serving as…

Kaspersky Predicts Artificial Intelligence (AI) and Privacy to Shape Consumer Cybersecurity Landscape in 2025

JOHANNESBURG, South Africa, December 4, 2024/ — According to Kaspersky’s (www.Kaspersky.co.za) latest report, artificial intelligence (AI) will become an integral part of daily life, while privacy concerns around biometric data and advanced technologies will take center stage in 2025. These forecasts are part of the annual Kaspersky Security Bulletin series, which provides an outlook on the cybersecurity trends and threats expected to impact consumers in the coming year. AI becomes an everyday reality AI is predicted to fully integrate into daily life in 2025, becoming a standard tool rather than…

ACECN makes a Stronger Case for Africa’s Emerging Sustainable Built Environment

By: Mohammed A. Abu The second edition of African Continental Engineering, Architecture, Construction and Real Estate Summit(ACEACRES,2024) the flagship event of the Africa Continental Engineering & Construction Network Ltd (ACECN),the organizing company, recently ended successfully  in Ghana’s capital city of Accra with a clarion call on the need to include sustainability practices especially in Ghana, Africa’s Sustainable Urban Built Environment. Professor, Taddeo Rusoke, a Ugandan Governance and Nature Solution Expert said, the sustainability practices included, allowing space for Green Belts, Green Spaces, Green Natural Gardens, Flower Gardens, Backyard Gardens, and…

Launch of World Advanced Manufacturing & Logistics Expo & Summit (WAM Morocco) 2025 to Advance the Country’s Shift Towards Next-Generation Industries and High-Value Manufacturing

CASABLANCA, Morocco, November 25, 2024/ — KAOUN International (www.KAOUN-int.com/), Organizer of GITEX, Launches WAM Morocco 2025 with Commitment and Unified Support from Morocco’s Ministry of Industry and Trade, CGEM, and AMDIE; WAM Morocco 2025 Will Spotlight Advanced Manufacturing, Sustainable Practices, Next-Gen Logistics, and AI Innovation to Accelerate Industrial Growth. The World Advanced Manufacturing & Logistics Expo & Summit (WAM Morocco) will debut in Casablanca, with unified support to catalyse Morocco’s thriving manufacturing economy towards next-generation industries. Endorsed by the Moroccan Ministry of Industry and Trade and in partnership with key partners,…

Brics+ countries are determined to trade in their own currencies – but can it work?

By:Academic Journalist, Lauren Johnston Associate Professor, China Studies Centre, University of Sydney The Conversation ,First Published,26th November,2024 Photo(Brics Summit 2024) Brics+ countries are exploring how they can foster greater use of local currencies in their trade, instead of relying on a handful of major currencies, primarily the US dollar and the euro. The forum for cooperation among nine leading emerging economies – Brazil, China, Egypt, Ethiopia, India, Iran, Russian Federation, South Africa, United Arab Emirates – emphasised this determination at their 16th summit in October 2024. Economist Lauren Johnston recently wrote a paper on…

eFinance Investment Group and Cassava Technologies Sign Partnership to Drive Business Expansion Across Egypt and Africa

CAIRO, Egypt, November 26, 2024/ — eFinance Investment Group and Cassava Technologies (www.CassavaTechnologies.com) have signed an agreement to explore and identify opportunities for collaboration and joint expansion across Africa. The signing ceremony took place during the 28th Cairo ICT Exhibition and Conference, held under the auspices of President Abdel Fattah El-Sisi. eFinance Investment Group and Cassava Technologies plan to leverage each other’s respective strengths and experience. Cassava Technologies will bring its extensive African footprint, infrastructure, and continental experience, whilst eFinance will bring its strong market presence and reputation as Egypt’s…

Africa must strengthen accountability and governance to prosper — Botswana President Duma Boko

GABORONE, Botswana, November 25, 2024/ — Africa’s economic success and sustainability are intrinsically linked to accountable governance, Botswana’s President, Duma Boko, stressed at the opening of the 2024 African Economic Conference in Gaborone. “Peace and stability in Africa must be anchored on accountable and responsive governance,” the president said adding, “This is a fundamental human right for every African citizen. It sets the requisite bedrock for any form of measure for our economic development and its sustainability.” He also called on African countries to strengthen democracy and uphold the rule…