Browsing Tag

unveiled

Lobito Corridor Project Unveiled with $100M to Boost Africa’s Growth

The Lobito Corridor Impact Development Platform: Fostering U.S.-Africa Cooperation The Lobito Corridor Impact Development Platform (LCID) is set to revolutionize cooperative efforts between the United States and Africa. By strategically investing in key sectors—agriculture, infrastructure, healthcare, light industry, education, and digital inclusion—the initiative aspires to ignite economic growth and regional integration across Angola, the Democratic Republic of Congo (DRC), and Zambia. It’s not merely about numbers;…

Unveiled: The Hidden Toll of Climate Change on Vulnerable Nations

The Human Cost of Climate Change: A Call to Action Amid the chaos of a flooded neighborhood in Wadajir district of Mogadishu, Somalia, a family navigates the turbulent waters that have engulfed their home. This heartbreaking scene symbolizes a much larger crisis—a crisis that has resulted in severe consequences for some of the world’s most vulnerable populations. Recent findings from The Independent reveal that extreme weather, driven by the climate crisis, has cost impoverished nations an alarming $156 billion (£116…

Nigeria’s 10 Slowest-Growing GDP Sectors Unveiled

In the fourth quarter of 2024, Nigeria saw a surge in its real Gross Domestic Product (GDP), growing by 3.84% year-on-year, according to the National Bureau of Statistics' latest report. Perhaps this statistic alone could be a cause for cautious optimism among economists. However, when we dive deeper into these numbers, intriguing patterns and challenging questions begin to emerge. What factors contribute to this growth, and what might these imply for Nigeria's economic future? The report reveals an interesting detail:…

a statue of Cheikh Anta Diop unveiled in Dakar

In Senegal, a new statue was unveiled in the heart of Dakar on Tuesday, November 3, by historian Cheikh Anta Diop, who died in 1986. The intellectual disrupted the vision of African history by emphasizing the contribution of black Africa to civilization, especially Egypt. His statue is now erected in front of the university and on the avenue bearing his name.…

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