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With only two weeks remaining, the anticipation in East Africa is palpable. Uganda, Kenya, and Tanzania are poised to host the TotalEnergies CAF African Nations Championship (CHAN) 2024, and excitement is building as the final preparations move into high gear. This year’s tournament is particularly noteworthy, marking a significant milestone as it will be the first time that three nations co-host a major CAF competition. Scheduled to unfold from August 2 to August 30, 2025, the 8th edition of CHAN is more than just a…

G20 Reaches Agreement: A Diplomatic Triumph for South Africa In a remarkable feat of diplomacy, the recent G20 summit, held under South Africa’s presidency in Durban, culminated in a united communique, much to the enthusiasm of global investors. The atmosphere was electric as the news spread; even without the presence of the U.S. Treasury Secretary, the agreement sparked a surge in South African assets. Investors reacted positively, and the South African rand experienced a notable rise of approximately 0.6%, trading at…

In a significant moment for Somalia's political landscape, First Lady Marwo Sahro Omar Hassan proudly shared her biometrics during the voter registration process in the Banadir region. This event not only spotlighted her participation but also marked a monumental step in the nation’s democratic journey towards universal suffrage. Marwo Sahro registered to vote in the Dharkeenley District, a bustling area within the Banadir region. Her participation was not an isolated act; she stood among hundreds of fellow citizens who…

The Remarkable Journey of Payaza: A Bright Beacon in African Fintech Before the significant announcement from Agusto & Co., Payaza had already carved a niche for itself by attaining investment-grade ratings from reputable agencies such as Global Credit Ratings (GCR), an affiliate of Moody’s, and DataPro, Nigeria’s prominent rating agency. The endorsement from Agusto & Co. now positions Payaza as one of the few fintech companies across Africa to be triple-rated. This marks a pivotal moment—not just…

Nairobi Hosts Groundbreaking Meeting for Finance Ministers of the Horn of Africa Nairobi (AX) — Recently, a significant event occurred in the bustling heart of Nairobi, Kenya. Somalia’s Minister of Finance, Bihi Iman Egeh, took the helm at the 25th Meeting of Finance Ministers under the prestigious Horn of Africa Cooperation Forum. With Somalia proudly presiding over this year's session, the atmosphere was charged with a sense of purpose and determination. The meeting unfolded with a clear focus on enhancing regional…

In a remarkable turn of events, mixed communications have emerged from both the government of Liberia and the U.S. Embassy in Monrovia following the announcement of a staggering U.S.$1.8 billion deal with Ivanhoe Atlantic, a subsidiary of the prominent U.S. mining company High Power Exploration (HPX). On July 7, the embassy expressed optimism, asserting that the agreement could significantly bolster Liberia's economy. But how firm is that optimism? Just days later, Mines and Energy Minister Wilmont Paye cast a shadow over…

Ethiopia's Grand Dam Nears Its Triumph By Ali Musa, Axadle Times International—Monitoring ADDIS ABABA, July 4 As the sun peeks through the Ethiopian highlands, a monumental project comes to life. Ethiopian Prime Minister, Abiy Ahmed, recently stood before parliament and articulated a vision that began over a decade ago. "The Grand Ethiopian Renaissance Dam is now complete, and we are preparing for its official inauguration," he…

Evaluating the Impact of the Coastal Road Project on Landmark Beach and the Insights of Paul Onwuanibe In January 2025, a significant event unfolded along Nigeria's southern coastline—the demolition of Landmark Beach. This decision was part of a grander scheme orchestrated by the government, aimed at constructing a 700-kilometer coastal road that will eventually link the bustling city of Lagos with the serene state of Calabar. But what does this mean for the local economy, for tourism, and for the very…

Recent developments in international diplomacy have raised eyebrows and ignited discussions across the globe. Former President Donald Trump recently took to social media to announce a significant peace treaty between the Democratic Republic of the Congo (DRC) and the Republic of Rwanda. This agreement, facilitated by Secretary of State Marco Rubio, is set to be officially signed in Washington on Monday by representatives from both nations. "I am very happy to report that, along with Secretary of State Marco…

Italy has taken a significant step forward by partnering with the European Union to implement a debt-relief plan aimed at supporting African nations. This initiative is a crucial part of Italy's broader strategy to promote development across the continent and tackle the underlying issues driving irregular migration. It's a bold move, reflecting a commitment to not only alleviate financial burdens but also to pave the way for a more sustainable future. "The entire 10-year operation will allow us to convert some 235 million…