The continental bid to make more of its own vaccines is moving from ambition to production
Browsing: Africas
Rio de Janeiro, Brazil — For decades, South Africa has been at the epicentre of the global HIV epidemic. Today, it is becoming the testing ground for what many scientists believe could be the most important advance in HIV prevention since daily pre-exposure prophylaxis (PrEP): a twice-yearly injection that has shown almost complete protection against…
Despite not being home to any of Africa’s five largest economies, East Africa has proven itself to be one of its most exciting economic hubs.
The mobilisation of capital for Africa’s climate challenge must necessarily be multifaceted – comprising local, global, and hybrid. In this regard, Development Finance Institutions (DFIs) – whether at national, continental, and multilateral levels – have a duty to direct funding towards ESG-compliant entities, projects, and community resilience causes, especially those built on solid sovereign frameworks.…
When British explorer Hugh Clapperton reached Lake Chad in 1823, he encountered one of Africa’s largest inland lakes, but two centuries later, it has lost about 90% of its surface area, putting millions of livelihoods at risk and prompting renewed calls for a $50 billion plan to redirect water from the Congo River Basin.
South Africa and Nigeria have agreed to rebuild trust and de-escalate diplomatic tensions after weeks of anti-migrant protests, xenophobic rhetoric and security concerns strained relations between Africa’s two largest economies.
British power developer Gridworks recently signed two landmark agreements with the Government of Uganda to begin construction on the Amari Project, widely regarded as Africa’s first independent transmission project to reach this phase. It is a milestone that speaks to the growing momentum behind private-sector participation in grid infrastructure and electricity generation on the continent.
Ghana has approved a 5 billion cedi ($430 million) allocation to finance gold purchases as the country deepens its strategy of building bullion reserves to strengthen its foreign exchange position. However, the latest move also marks a significant shift in who bears the financial risk.
Perceptions that China is the foreign power that wields the most positive influence on Africa’s youth have strengthened, a biennial survey showed, while nations ranging from Germany and the U.K. to India are now viewed more favorably than the United States.
Africa’s digital future will take centre stage at the fourth edition of TechCabal’s Moonshot conference, where leading figures from the technology, finance and regulatory sectors will join founders, investors and policymakers to explore the continent’s next phase of digital growth.
