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Business

30 economists experts want debt relief for Africa

World Bank More than 30 leading economists, former finance ministers and a central banker have called for immediate debt relief for low- and middle-income countries, warning that loan repayments are preventing governments from funding basic services. In a letter released on Sunday, in advance of next month’s World Bank and IMF annual meetings, the group […]
News

Africa: Fish under threat as stocks decline

Africa Africa’s freshwater fish are disappearing at alarming rates, with a new report from the World Wide Fund for Nature warning that over a quarter of species face extinction. On Lake Victoria, the continent’s largest lake, fish catches have dropped sharply — a crisis that is already being felt by local traders. Elizabeth Didi, fish trader: “Back […]
Business

Africa aims to lead in green investments

Ethiopia African leaders are aiming to offer a global model for tackling the climate crisis through green investments, they said on Monday, after the United States’ withdrawal from the Paris climate agreement deflated the fight against climate change. The continent, which has been buffeted by landslides, floods and droughts this year, is holding its second […]
Business News

Japan deepens Africa ties with 300

Japan A major boost in Japan-Africa relations as 300 cooperation agreements were signed during the 9th Tokyo International Conference on Africa’s Development, or TICAD9, held this week. That’s three times more than what was achieved at the last summit in Tunisia back in 2022. The announcement came on Thursday, during Day 2 of the conference, […]