African countries secure $17 billion facility to double food production by 2030
A coalition of multilateral development banks and development partners pledged over $17 billion in financing to improve food security in Africa. These funds were pledged on the final day of a two-day high-level dialogue with the theme ‘Feeding Africa: Leadership to Scale up Successful Innovations’. The event was hosted by...
Choice of Koome to head judiciary renews ethnic concerns in Kenya’s public service
The independence and integrity of the Kenyan judiciary is once again under intense scrutiny following the nomination of the Court of Appeal Judge Martha Koome to replace David Maraga, who retired at the beginning of this year as chief justice and president of the Supreme Court. To gender activists, the...
Malaria vaccines raise hopes as they reach critical trial phase of trumping the disease
A vaccine against malaria has shown promise in early clinical trials, raising hopes that it might one day prove to be an effective weapon against one of the world’s biggest killers of children. In a trial in 450 children aged 5-17 months, the vaccine, called R21, was up to 77...
US secretary of state to hold meetings with leaders of Nigeria and Kenya
United States Secretary of State Antony Blinken is set to make his first visit to Africa, virtually, during which he will meet with the presidents of Nigeria and Kenya. Tuesday’s tour will include a meeting with African youth from across the continent. Blinken’s visit coincided with difficulties the continent has...
My! A social media platform for Africans by Africans set for launch next month
MyCountry MyWorld is set to launch MY! a social media platform for Africans by Africans that provides limitless possibilities in world exploration by giving users the opportunity to bring their country and world to each other. MY! A social media platform will be launched on May 10, 2021. “Having developed...
NollywoodWeek film festival goes global as 8th Edition ropes in African Diaspora
NollywoodWeek film festival, the first and only Nigerian film festival organised in Paris has taken its 8th edition online. The films in this year’s line-up will be available to a global online audience from May 6-9, 2021. This year’s selection has expanded beyond Nigeria to include high quality, though-provoking and...
Total’s ‘force majeure’ action on Maputo calls for dialogue, firewall against terror
We are disappointed about Total’s recent decision to declare force majeure on its Mozambique LNG Project. While the African Energy Chamber stands in solidarity with Mozambique and Total all energy investors, we believe the declaration of force majeure could have been prevented and comes prematurely. We encourage all parties involved...
Mauritius Commercial Bank to loan Senegal $60 million for power generation
Mauritius Commercial Bank Ltd (MCB) will support Senegal’s efforts to improve its electricity supply with a $60 million facility in a syndicated project that cost $140 million to complete MCB is not only a co-mandated lead arranger but has also provided the highest loan commitment. The project finance facility will...
Basketball Africa League unveils game ball ahead of historic inaugural season
The Basketball Africa League and Wilson Sporting Goods Company (Wilson) today unveiled the Official Game Ball that will be used for the BAL’s historic inaugural season, which will tip off Sunday, May 16 at the Kigali Arena in Rwanda. Twelve teams from across Africa will compete in the new professional...
Coronavirus: Trade in Africa recorded $5B financial outflow in first quarter of 2020
Despite tough global financial situation triggered by Covid-19 pandemic, there was massive portfolio outflows from Africa estimated to be above $5 billion in the first quarter of 2020. A new continent-wide survey on trade finance shows that over $3.1 billion left the South African market alone. South Africa is the...
