U.S.-AFRICA RELATIONS
United States and the Islamic Republic of Mauritania Sign Agreement to Enhance Power Sector Resilience and Climate Adaptation
US Department of State
The United States welcomes the signing of a landmark $27 million Millennium Challenge Corporation (MCC) Threshold Program agreement with the Government of the Islamic Republic of Mauritania. MCC and the Mauritanian government designed this program to build Mauritania’s capacity in inclusive power sector planning, grid operations, and electricity regulation. The Threshold Program will provide debt-free grants to develop fundable environment resilience projects and to incorporate climate change and social considerations into the environmental impact assessment process…
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‘Our county ignored Africa,’ Jimmy Carter said. He didn’t
ABC News
Jimmy Carter was the first U.S. president to make a state visit to sub-Saharan Africa. He once called helping with Zimbabwe’s transition from white rule to independence “our greatest single success.” And when he died at 100, his foundation’s work in rural Africa had nearly fulfilled his quest to eliminate a disease that afflicted millions, for the first time since the eradication of smallpox… Read More>>
ENERGY
South Africa’s Koeberg nuclear plant refit boosts power supplies
Reuters
South African power utility Eskom has successfully linked the second unit of its Koeberg nuclear power plant to the national grid after a major refit, further boosting electricity supply after years of power cuts, the company said on Tuesday… Read More>>
Senegal, Mauritania Achieve First Gas at GTA, Signaling New Era of Energy Security and West African Gas Production
Africa Energy Chamber
Senegal and Mauritania have achieved a historic milestone with the start of operations at the Greater Tortue Ahmeyim (GTA) development. Project developers bp and Kosmos Energy, alongside Senegal’s national oil company (NOC) Petrosen and Mauritania’s NOC Societe Mauritanienne des Hydrocarbures (SMH), have officially opened the first well of the GTA project, signaling the start of technical operations and a new era of gas-driven development and energy security in West Africa… Read More>>
Egypt to focus on mining, renewable energy projects in 2025
ZAWYA
Egypt has drawn up plans to attract investment into new mining and renewable energy projects in 2025 within a strategy to tap its mineral wealth and lessen reliance on conventional electricity, the country’s Petroleum and Mineral Resources Minister has said… Read More>>
HEALTH
The year Rwanda fought off two epidemics and achieved key milestones in delivering healthcare services
The New Times
It is fair to say that the year 2024 was a ‘dramatic’ one, in which two major life-threatening epidemics were recorded but safely controlled and key achievements were registered in Rwanda’s efforts to improve healthcare service delivery… Read More>>
INFRASTRUCTURE
“Why not both?”: South Africa, Rwanda race to host F1
Semafor
South Africa and Rwanda have both said Africa should be able to host more than one Formula 1 grand prix as they each push to host a race… Read More>>
Egypt completes trial run of new Suez Canal channel extension
Reuters
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway has plunged since Yemen’s Houthi militants began attacking vessels in the Red Sea… Read More>>
AGRIBUSINESS
Botswana lifts ban on South African vegetable imports
ZAWYA
Botswana has announced the lifting of import restrictions on vegetables from South Africa… Read More>>
ILO seeks to promote Kenya horticulture export through South-South and Triangular Cooperation approach
Farmers Review Africa
The International Labour Organization (ILO) is seeking to promote Kenya horticulture export through the innovative South-South and Triangular Cooperation (SSTC) approach… Read More>>
ICT
Africa Produces 3% Of Global Bitcoin Mining Hashrate Via Renewables
Forbes
As of Dec 2024, Africa now accounts for 3% of the total global Bitcoin mining hashrate, with Ethiopia alone producing 2.5%, more than double what the entire continent produced in 2023, entirely via renewable energy… Read More>>
AU recognises female innovators using technology to transform the education sector in Africa
African Union
The AU Continental Education Strategy for Africa (CESA) recognises information, communication and technology (ICT) as a major tool for empowering graduates and ensuring they contribute to social economic development by ensuring they not only have universal access but also ensuring they enhance the quality of provision and delivery, of services. ICT opens up possibilities for innovation, entrepreneurship and employability; flexibility in pedagogies; beating the limitation of time and space for varied learner needs; and enhancing confidence and dignity of graduates at all levels… Read More>>
Focus On: African Gaming Expo to host 2nd edition in 2025
CNBC Africa
Africa Gaming Expo explores the latest technological advancements shaping the future of Gaming, Finance and Banking on the continent as the platform fosters conversations on what to expect next across these verticals. Register today at agelagos.com and catch all the details of the upcoming AGE LAGOS 2025 in this special broadcast, only on CNBC Africa… Read More>>
FINANCE
Africa Gets New Stock Market as Ethiopia Seeks to Woo Investors
Bloomberg
Ethiopia is opening a stock exchange after a five-decade gap, in its latest step to lure investors to a nation that’s struggling to control regional strife as it recovers from a civil war… Read More>>
Egypt to receive $1.2 billion as part of IMF programme in January, finance minister says
Reuters
Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion programme with the international lender, Finance Minister Ahmed Kouchouk said on Sunday… Read More>>
Africa Investment Forum 2024 Market Days amasses $29.2bn in deals
CNBC
The 2024 Market Days in Rabat, Morocco brought investors and project developers together across 41 dynamic boardrooms. They reviewed and engaged on 37 transformative projects spanning transport, power, energy, agribusiness, mining, pharmaceuticals, tourism, urban infrastructure, water management, and more. After three intense days of discussions and negotiations, the Forum recorded an impressive $29.2 billion in new investor interests… Read More>>
Nairobi Securities Exchange allows Kenya Airways shares to trade again
Reuters
Nairobi Securities Exchange has lifted a suspension on trading shares of national carrier Kenya Airways (KQNA.NR), the bourse said on Monday… Read More>>
