Source: Verdade |

Angola: The grace period is over for João Lourenço; It is now time for effective action (Author Miguel Sanz)

Angola’s economic troubles began in 2014 when global crude oil prices dipped and severely hampered the government’s ability to generate revenue

Author Miguel Sanz João Lourenço has been president of Angola since 26 September 2017. About one year later, he cemented his hold on power by taking over the chairmanship of the ruling Movimento Popular de Libertação de Angola (MPLA). Although he reshuffled the government, for instance by replacing the transport minister,…

United Nations (UN)
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    • © UNHCR/Marta Martinez The former Congolese refugee Bertine Bahige
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Source: United Nations (UN) |

From the Field: One teen's journey from refugee camp to US school principal

After escaping from two years of captivity at the hands of Mai Mai rebels in eastern Democratic Republic of the Congo (DRC), Bertine Bahige was relieved to end up in a UN refugee agency (UNHCR) camp, in faraway Mozambique

He’d been forcibly taken from his family at 13, and thrown into the horrifying world of being a child soldier, before escaping his captors. In 2004, he was one of the lucky ones to be resettled in Maryland, United States, where he landed a job taking out the trash at…

Source: The World Bank Group |

January 2019 Global Economic Prospects Materials

Key message for Africa is that regional growth is expected to accelerate to 3.4 percent in 2019

The January edition of the 2019 Global Economic Prospects (GEP) was released yesterday in Washington. Key message for Africa is that regional growth is expected to accelerate to 3.4 percent in 2019, predicated on diminished policy uncertainty and improved investment in large economies together with continued robust growth in non-resource…

Source: United Nations Economic Commission for Africa (ECA) |

Intra-African Trade Fair (IATF) 2018: African leaders urged to recommit to boosting continent’s agriculture sector

Africa’s farmers need to be ready not only to feed people in their own countries but the entire continent and also to penetrate international markets

Africa’s leaders should honour their commitment to allocate 10 percent of their budgets to agriculture if the continent is to improve food security, reduce poverty and spur economic growth, says Economic Commission for Africa’s (ECA) Batanai Chikwene. Speaking at the on-going Intra-African Trade Fair (IATF) in Cairo, Mr. Chikwenhe, a…

Zambia Rugby Union (ZRU)
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    • Zambia Rugby Union takes stock of 2018 (1)
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Source: Zambia Rugby Union (ZRU) |

Zambia Rugby Union takes stock of 2018

The Zambia Rugby Union called all affiliates and stakeholders for a Council Meeting on Saturday 8th December, 2018 in Kabwe where a number of issues were raised and addressed by the full bench of the ExCo

The Union President Gen Clement Sinkamba reminded all the participants on some of the successes recorded by his Exco in the year under review, some of which included, 1. Hosting an International Tournament between Botswana, Mozambique and hosts Zambia. 2. Successful Zambia 7s rugby hosting 3. Successful local 7s, 10s…

GE
Source: GE |

Millennium Challenge Corporation Improves Electricity Access in Malawi with GE Power’s Energy Management System (EMS)

This project covering 26 substations will reduce technical losses in the transmission system in the medium-term, while fostering economic growth in the long-term

GE’s (www.GE.com) EMS will provide real-time and remotely managed information on Malawi’s electrical grid and power outages; Project will pave the way for development of Africa’s regional interconnections; This project covering 26 substations will reduce technical losses in the transmission system in the medium-term, while fostering economic growth in the…

African Energy Chamber
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    • African Oil Producers must support Organization of the Petroleum Exporting Countries (OPEC) efforts to Restore Stability to the Oil Markets with Continued Production Cuts (1)
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    • African Oil Producers must support Organization of the Petroleum Exporting Countries (OPEC) efforts to Restore Stability to the Oil Markets with Continued Production Cuts (3)
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Source: African Energy Chamber |

African Oil Producers must support Organization of the Petroleum Exporting Countries (OPEC) efforts to Restore Stability to the Oil Markets with Continued Production Cuts

The Chamber urges African producing nations, both those that are Organization of the Petroleum Exporting Countries (OPEC) members and Non-OPEC members to speak up with one voice in support of OPEC’s policy on stabilizing the market

The African Energy Chamber (https://EnergyChamber.org) urges the Organization of the Petroleum Exporting Countries and other key global oil producers, including Russia, to continue with the historic production cuts at the December 6, 2018 OPEC meeting to stabilize the oil price. Oil prices have dropped by about 20 percent in November,…

Societe Generale
Source: Societe Generale |

Societe Generale continues its sustainable growth strategy in Africa

During a press trip to Dakar, Societe Generale group confirmed the solid growth of its African operations, in line with its “Transform to Grow” strategic plan

A region of profitable growth for the group; A new organisation to promote a high level of operational efficiency; Launch of “grow with Africa”, a growth plan to foster positive transformation across the African continent. During a press trip to Dakar, Societe Generale (www.SocieteGenerale.com) group confirmed the solid growth of…

The Department of Trade and Industry, South Africa
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    • The South African High Commissioner to Mozambique Mr Mandisi Mpahlwa with the Provincial Permanent Secretary of Mozambique’s Cabo Delgado Province, Mr Antonio Domingos Mapure
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Source: The Department of Trade and Industry, South Africa |

Huge potential for South African companies in Mozambique’s Cabo Delgado province

Mapure thanked the businesses for joining the province in writing the new story of oil and gas and showed confidence in the growth of the economy post the trade and investment mission

The Provincial Permanent Secretary of Mozambique’s Cabo Delgado Province, Mr Antonio Domingos Mapure has extended an invite to the South African businesspeople to invest and do business in the province. Mapure was delivering an address at a Trade and Investment Seminar. The seminar was the first leg of the week-long Outward…

Source: The World Bank Group |

Africa Loses Billions of Dollars Due to Child Marriage, Says New World Bank Report

Child brides are much more likely to drop out of school and complete fewer years of education than their peers who marry later

Child marriage will cost African countries tens of billions of dollars in lost earnings and human capital, says a new World Bank report launched ahead of the African Union Commission’s second African Girls Summit on Ending Child Marriage taking place in Ghana this week.  According to Educating Girls and Ending…