Browsing Tag

Africa

South Korea Vows Significant Assistance to Somalia at African Summit

SEOUL, South Korea (AX) — South Korea has pledged support for Somalia's growth initiatives. This announcement came after high-level discussions between Somali Prime Minister Hamza Abdi Barre and his South Korean counterpart, Han Duck-soo, in Seoul during the first-ever South Korea–Africa Summit. The conversation spotlighted a partnership grounded in mutual gain, focusing on crafts, skill enhancement, economic foundations, and tech."Prime Minister Han Duck-soo of South Korea has vowed to aid Somalia in developing vital…

Unleashing Youth Potential: Transforming Governance in East Africa

"To him who dares to try, nothing is impossible," famously proclaimed Alexander the Great. This mantra has inspired numerous budding leaders across continents and through the annals of history. Alexander's astounding journey, which saw him ascend to the Macedonian throne in 336 BC at just 20 years old and later conquer expansive regions from Greece to Egypt and into what is now India, stands as a testament to the power of grit and audacity. Undefeated in battle until his death, Alexander left an indelible mark as one of…

Devastating East Africa Floods Claim 528 Lives in the Midst of Intense Rainfall

Over 528 individuals have lost their lives due to heavy downpours and sudden floods wreaking havoc in East Africa, as stated by the United Nations relief agency on Friday. The UN Office for the Coordination of Humanitarian Affairs reported that about 1.6 million individuals have been affected by the calamity, with a majority hailing from Ethiopia, Kenya, and Somalia, including around 482,320 people in dire need of shelter.The OCHA revealed that humanitarian organizations throughout East Africa are actively collaborating with…

Staggering Hunger Crisis: More than 74 Million People Struggle for Food in the Horn of Africa, Reveals Alarming Report

A recent report links the increase in food insecurity in the region to heavy rains, estimating a rise from 58.1 million affected people in February. The downpour from late March to April caused significant flooding in Kenya, Somalia, Burundi, and Tanzania resulting in loss of life, livestock, displacement of many, and destruction of vital infrastructure like roads and bridges. While some areas saw improved agriculture due to enhanced rains, it is likely that acute food insecurity will worsen in the hard-hit regions.…

Revolutionizing Global Leadership: Redefining Financial Systems for Sustainable Economic Development in Africa

World leaders need to tackle the unfair financial system to drive sustainable growth in Africa. It is crucial to reform the global financial architecture to address crippling debt and climate threats in the continent. Developing nations, specifically in Africa, struggle with high interest rates and climate shocks, hindering their ability to invest in eco-friendly and climate-resistant development projects. This financial dilemma jeopardizes climate efforts and sustainable development targets. President William Ruto of Kenya…

Empowering the Horn of Africa: U.S. and Kenya Forge Strategic Alliance

Back in December 2002, George W. Bush hosted leaders from Kenya and Ethiopia at the White House post the 9/11 attacks to discuss fighting terrorism. Bush hailed them as allies against terrorism, emphasizing the need for global cooperation. Moi and Zenawi expressed their support for the cause, with Zenawi's rhetoric being more forceful, stating that terrorism represented outdated values. Zenawi was then chosen as the key player in the fight against terrorism in the Horn of Africa, particularly focusing on Somalia. However,…

Controversy Surrounds Affirmative Action in South Africa

As citizens of South Africa head to the polls for their general elections, a controversial topic taking center stage is the policy of affirmative action that was implemented in 1994. The "Triple B double E Act," which aims to promote economic empowerment for non-White individuals, has become a major point of contention in both public and private sectors, as well as in education. The opposition argues that these measures only serve to fuel racial divides and hinder effective governance. This begs the question: has affirmative…

AfCFTA: Catalyst for Empowering Inclusive Economic Development Across Africa

In Nairobi, African experts emphasized the crucial impact of fully implementing the African Continental Free Trade Area (AfCFTA) for promoting inclusive growth across the continent. This was discussed at the 59th Annual Meeting of the Board of Governors of the African Development Bank (AfDB) in Nairobi, Kenya. They highlighted how boosting continental trade would lessen Africa's reliance on traditional Western markets. Vincent Nmehielle, the AfDB Group's secretary general, expressed that by liberalizing trade throughout…

Boeing Expanding Presence in Africa with New Headquarters in Ethiopia.

Boeing Plans to Establish African Offices in Ethiopia In an exciting development, Boeing, a major player in the aerospace industry, is set to open offices in Addis Ababa, Ethiopia. This decision comes after careful consideration of Ethiopian Airlines' influential role in the air travel sector. Boeing's choice of Addis Ababa over other potential locations like Kenya and South Africa underscores the company's confidence in Africa's growing aviation industry. This move aligns with their strategy to capitalize on the…

A call to action: AFDB urges BRICS alliance to expand its footprint in Africa

The African Development Bank Group's leadership is urging the expansion of the BRICS alliance in Africa for trade and investment opportunities. Prof. Vincent O. Nmehielle emphasized the potential growth opportunities for the continent with the inclusion of emerging economies like Brazil, Russia, India, China, and South Africa. At an event during the African Development Bank's 2024 Annual Meetings in Nairobi, Nmehielle highlighted the importance of BRICS Plus, which now includes new African members Egypt and Ethiopia, as…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More