Africa Lead Story

African Nations Boost Gold Reserves Amid Economic Uncertainty

  • September 11, 2024

Central banks in Africa are turning to gold to protect themselves from economic and geopolitical instability and to diversify their financial portfolios. In September 2023, the price of gold per ounce was $1,900. A year later, it is selling for $2,500. According to the World Gold Council, an international trade association for the gold industry, […]

Africa Lead Story

First Doses Of Mpox Vaccine From US Arrive In DR Congo

  • September 11, 2024

Authorities in the Democratic Republic of Congo said that 50,000 doses of mpox vaccine from the United States arrived in the country on Tuesday, a week after the first batch arrived from the European Union. Adults in Equateur, South Kivu and Sankuru, the three most-affected provinces, will be vaccinated first, starting on October 2, said […]

Africa Lead Story

President Abdelmadjid Tebboune Elected To Serve Second Term Leading gas-rich Algeria 

  • September 10, 2024

President Abdelmadjid Tebboune has been named the winner of Algeria’s presidential election, granting him another term leading the gas-rich North African nation five years after pro-democracy protests led to the ouster of his predecessor. In a result that surprised few observers internationally or in Algeria, the country’s independent election authority on Sunday announced that Tebboune […]

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President Akufo-Addo Invites Chinese Investors To Join Ghana’s Economic Transformation

  • September 9, 2024

At the China-Ghana Business Forum in Shenzhen, China, on September 7, 2024, President Nana Addo Dankwa Akufo-Addo made a compelling case for increased Chinese investment in Ghana.  Addressing a gathering of Chinese business leaders, the President emphasized the longstanding relationship between Ghana and China, as well as the significant investment opportunities available in sectors ranging […]

Africa Lead Story

China Stops Short Of African Debt Relief At Triennial Summit

  • September 9, 2024

China stopped short of providing the debt relief sought by many African countries this week, but pledged $50.7 billion over three years in credit lines and investments. The Forum on China-Africa Cooperation, or FOCAC, launched in 2000 took on an enhanced role after the 2013 inception of President Xi Jinping’s Belt and Road Initiative, which […]

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IPPG Calls For Transparency and Accountability In Implementing Ghana’s Emissions Levy Law

  • September 9, 2024

Research and policy think tank, the International Perspective for Policy and Governance (IPPG), has urged the Government of Ghana (GoG) to ensure transparency and accountability in the implementation of the country’s Emissions Levy Act, 2023 (Act 1112). According to IPPG, the GoG must prioritize transparent revenue allocation and establish proper verification mechanisms for reported emissions […]

Africa Lead Story

UN Secretary-General’s Remarks To Forum On China-Africa Cooperation Summit

  • September 6, 2024

President Xi Jinping,President Bassirou Diomaye Faye,Excellencies,Distinguished guests,Ladies and gentlemen, I want to express my deep gratitude to the people and Government of the People’s Republic of China, for the impeccable organization of this summit. We meet as geopolitical tensions are rising; conflicts are raging; and poverty and hunger are growing. The war in Ukraine is […]

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