Source: Africa Regional Media Hub |

Development, Diplomacy, and Defense: Promoting U.S. Interests in Africa

Testimony, Tibor P. Nagy, Jr., Assistant Secretary, Bureau of African Affairs House Foreign Affairs Committee

Testimony, Tibor P. Nagy, Jr., Assistant Secretary, Bureau of African Affairs House Foreign Affairs Committee Thank you Chairman Royce, Ranking Member Engel, and Members of the Committee for the opportunity to testify today on U.S. policy toward Africa, and to my colleague and friend Ramsey Day of USAID here with…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

US-China rivalry in Africa set to sharpen in 2019

China will continue to broaden its engagement across the continent, with particular focus on East Africa

Early signs suggest that the US-China rivalry will find its way to the African continent in 2019. While the US is multiplying warnings about the perils of Chinese debt-fuelled spending for economic stability, China will continue to broaden its engagement across the continent, with particular focus on East Africa. This…

Forbes
Source: Forbes |

Forbes: The Gabonese Journalist Who Built A Multi-Million Dollar Media Relations Company

Forbes interviews the founder of APO Group, a leading media relations consulting firm and press release distribution service in Africa and the Middle East

Franco-Gabonese entrepreneur Nicolas Pompigne-Mognard is the founder of the APO Group (www.apo-opa.com), a leading media relations consulting firm and press release distribution service in Africa and the Middle East. The company, which Pompigne-Mognard founded in 2007, employs close to 80 employees across its offices in Switzerland, Dubai, Senegal and Hong…

Source: African Development Bank Group (AfDB) |

Europe’s Future Lies in the South and not the North, says Italian Finance Minister at Africa Conference

Africa is currently home to five of the world’s fastest growing economies, and only 4 African countries out of 54 will record negative growth in 2018, compared to 8 in previous years

“Africa is a continent of great change and opportunities. However, Europe finds it difficult to understand that its future lies in the South and not in the North,” said Giovanni Tria, Italian Minister of Finance and Economy. He was a speaking in Rome at a conference on Africa, challenges and…

Source: U.S. Department of Justice |

Former Head of Organization Backed by Chinese Energy Conglomerate Convicted of International Bribery, Money Laundering Offenses

Schemed to Bribe the President of Chad, President and Foreign Minister of Uganda

A federal jury in New York City today convicted the head of a nongovernmental organization (NGO) based in Hong Kong and Virginia on seven counts for his participation in a multi-year, multimillion-dollar scheme to bribe top officials of Chad and Uganda in exchange for business advantages for a Chinese oil…

Source: Ministry of Foreign Affairs of the People's Republic of China |

Media Statement: Informal BRICS Leaders' Meeting on the Margins of the G20 Summit

We recognize the importance of infrastructure for development and commit to contribute to bridging the global infrastructure gap

Media Statement: Informal BRICS Leaders' Meeting on the Margins of the G20 Summit: 1. We, the Heads of State and Government of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People's Republic of China and the Republic of South Africa, met on 30 November 2018 for…

Source: SimbaPay |

Family Bank partners with SimbaPay to launch instant transfers to China’s WeChat

This initiative therefore connects Africa’s largest mobile money ecosystem to China’s largest payment service in real-time

Family Bank Limited (FamilyBank.co.ke), a leading bank in Kenya, has partnered with London-based financial technology firm SimbaPay (www.SimbaPay.com) to launch an instant money transfer service from Kenya to China through WeChat – a service that will help boost Kenya-China trade. Over seven million customers and businesses in Kenya will now access…

United Cities and Local Governments of Africa (UCLG Africa)
Source: United Cities and Local Governments of Africa (UCLG Africa) |

Africities 8 Summit – Marrakech, November 20-24, 2018: The Highlights

The Africities Summit 2018 in Marrakech has proven itself to be the most important democratic gathering in Africa

An unprecedented participation of 8300 participants represented more than 77 countries, including 53 African countries and nearly 3,000 local elected representatives, mayors and other leaders of local and subnational governments. The Africities Summit 2018 (www.Africities.org) in Marrakech has proven itself to be the most important democratic gathering in Africa. Download Summary of Sessions Here https://bit.ly/2Aqgz0o " The Africities Summit gave a…

Source: World Health Organization (WHO) |

WHO and partners launch new country-led response to put stalled malaria control efforts back on track

Reductions in malaria cases have stalled after several years of decline globally, according to the new World malaria report 2018

To get the reduction in malaria deaths and disease back on track, the World Health Organization (WHO) and partners are joining a new country-led response, launched today, to scale up prevention and treatment, and increased investment, to protect vulnerable people from the deadly disease. For the second consecutive year, the…

McKinsey & Company
Source: McKinsey & Company |

McKinsey shows Africa is the world’s next big growth market

There is a trillion-dollar opportunity to industrialize Africa, to meet rising domestic demand and create a bridge-head in global export markets

A new book by McKinsey (https://www.McKinsey.com/) confirms that Africa is poised for economic acceleration, akin to the Asian boom. While other geographies are seeing incremental growth, global companies that get in early and join the African champions shaping the right strategies, can sustain double-digit profit growth over the next few…