Over the past two decades, China’s financial engagement with Africa has grown remarkably, primarily through infrastructure-focused loans. China’s financial involvement in Africa has grown significantly, focusing on infrastructure-oriented loans. The Chinese Loans to Africa Database tracks loan agreements from 2000 to 2023, showing trends in lending amounts and loan dynamics. Angola leads as the top…
Nigeria and Angola are now central to Africa’s push for energy security, with the Africa Finance Corporation (AFC) projecting that refining capacity on the continent could meet up to 90% of its fuel demand, almost double from last year’s 45%. The Africa Finance Corporation says Nigeria and Angola are critical to Africa’s aim for energy…
The Dangote refinery, the largest crude processing facility in Africa, has been importing significant quantities of U.S. crude WTI, highlighting an apparent inconsistency given Nigeria’s status as Africa’s top oil producer. Africa’s largest refinery, Dangote, imports significant quantities of U.S. crude, despite Nigeria being Africa’s top oil producer. The refinery processes U.S. West Texas Intermediate…
The Africa Corps, a Kremlin-backed paramilitary force, announced it will maintain its presence in Mali following the recent departure of the Wagner mercenary group. The Africa Corps announced it will maintain its presence in Mali after Wagner’s withdrawal. Wagner operated in Mali for over three years, reclaiming territories from Islamist militants. The Africa Corps aims…
When people hear the word cancer, they often think of hopelessness. But for me, that word sparked a lifelong mission. Naomi Oyoe Ohene Oti, an oncology nurse specialist from Ghana, has dedicated 24 years to advancing cancer care. She pioneered many initiatives, including Ghana’s first online oncology nursing program, to improve cancer treatment access. Naomi’s…
Kenya risks losing access to a Sh96.9 billion loan from the World Bank after President William Ruto declined to assent to a key anti-corruption law, citing concerns over its dilution by Parliament. Kenya risks losing a Sh96.9 billion World Bank loan due to presidential refusal of the anti-corruption law. The Conflict of Interest Bill, 2023…
Turkey will supply Somalia’s navy with T129 Atak helicopters as part of a defence agreement signed earlier this year, according to sources familiar with the deal. Turkey will supply Somalia with T129 Atak helicopters under a defense agreement to enhance naval capacity. The delivery is part of Turkey’s 10-year pact to support Somali military readiness…
The World Bank has restored funding to Uganda nearly two years after suspending new financing in response to the country’s Anti-Homosexuality Act (AHA). The World Bank has resumed funding to Uganda after a two-year suspension instigated by the Anti-Homosexuality Act (AHA). The Bank justified resumption through effective mitigation measures within ongoing Ugandan projects to limit…
The fight for Western Sahara’s sovereignty continues to intensify as more countries take sides. A few days back, the United Kingdom backed Morocco’s claim to the small region of Western Sahara. Very recently, Ghana relayed the same sentiment. Western Sahara’s sovereignty conflict continues to garner international attention and division. The United Kingdom and Ghana recently…
