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Japan Joins Investment Pool, Pledges $30 Billion in Aid for Africa
Japan has joined other countries like China and Russia to compete in Africa’s investment market. The country recently pledged $30 billion in aid for development in Africa, saying it wants to work more closely with the continent. At the eighth Tokyo International Conference on African Development (TICAD8) held in Tunisia, Japanese Prime Minister Fumio Kishida said…
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Debt Relief: Is China Considering Blanket Forfeiture Of Africa’s Debt?
Shortly after Covid-19’s destructive impact on the global economy, the Russian invasion hit the world, further worsening the economic outlook for vulnerable economies. Africa, already drowning in debt is left with no choice but to borrow more if it must survive these challenging times. According to the African Development Bank Group (AFDB), economic disruptions stemming…
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568 Million Africans Live Without Access To Electricity
According to the World Health Organisation, in its 2022 Energy Progress report, 568 million Africans are living without access to electricity and clean energy. WHO said the impact of the COVID-19 pandemic is adversely affecting the progress of universal energy access, designed to attain the Sustainable Development Goal of ensuring access to affordable, reliable, sustainable…
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Air Passengers Grow By 34% In Africa
The International Air Transport Association says air travel in African countries grew by 34.7 percent in February 2022. The Geneva-based trade association representing over 230 international/global airlines said Africa posted a strong rebound in February 2022 compared to January 2022 while Omicron-related impacts moderated outside of Asia. However, it added that the war in Ukraine…
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33% Of Global Droughts Occurs In Africa
The International Monetary Fund has said that African countries experience one-third of the world’s drought and are vulnerable to rising temperatures and extreme weather as a result of their dependence on rain-fed agriculture. The IMF stressed that a single drought can lower a country in the region’s medium-term economic growth potential by one percent. It…
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ADH Twitter Space: Two Years of Covid19 in Africa
ADH Twitter Space is a monthly forum hosted by Orodata Science whose mission is to continue to democratize data, and knowledge towards solutions that impact the lives of millions. The Africa Data Hub (ADH) seeks to support and promote quality access to information, data-driven journalism to facilitate evidence-based decision-making about the pandemic across the continent. The…
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FINTECH Rising To Become Africa’s Investment Magnet
Digest Africa reports that African fintech firms raised $906 million in the third quarter of 2021 alone, an amount that represents more than 60 percent of all venture money that flowed into Africa’s last quarter, and more than all other sectors combined in the first half of 2021. A separate analysis by BFA Global’s Catalyst…
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‘282 Million Africans Malnourished’
The United Nations in a report has said that the effect of the COVID-19 pandemic heightened global hunger in African countries. The UN noted that this global hunger accounted for 282 million malnourished people in the African continent. The report titled, ‘UN report: Pandemic year marked by spike in world hunger, Africa posting biggest jump,…
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5 African Countries That Have Restricted Social Media In 2021
Africa is forming a niche for itself as a continent with zero tolerance for the freedom of expression the internet and social media affords its citizens. About 30 countries have blocked or heavily restricted social media access between 2015 – 2021, especially during elections, protests, demonstrations, or examinations. In 2021 alone, 5 African countries have…
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Africa’s COVID-19 Cases Surpass 4.83million
The Africa Centres for Disease Control and Prevention has said the number of confirmed COVID-19 cases in Africa reached 4.8 million as of May 30, 2021. The Africa CDC– the specialised healthcare agency of the African Union– said the death toll from the pandemic stands at 130,451 while 4,365,227 patients have recovered across the continent.…