The World Bank, an agency of the United Nations, has through its Climate Business Plan (ACBP) spent billions of dollars to help Africa stay out of climate change risks before 2030 and 2050, when global warming was conjectured to reach 1.5 degrees Celsius, ODIMEGWU ONWUMERE writes There was apprehension all over the world at a […]
NAIROBI, Kenya, December 11, 2018/ — 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. […]
Currency devaluation affects reinsurance market in Africa leading to big firms losing billions of dollars. Currency instability also distresses companies importing or exporting from countries in Africa. This has become a puzzle to stakeholders in the reinsurance sector and African countries experience depreciation upon using their foreign exchange reserves to come out of the conundrum. […]
Over 80% of the entries came from Africa. The five countries with the highest number of entries were Uganda: 52; Nigeria: 25; USA: 23; Ghana 22; Kenya: 21 JOHANNESBURG, South Africa, May 25, 2018/ — Nesta (www.Nesta.org.uk), on behalf of Feed the Future (https://goo.gl/dsQfx6), today announced that 228 applications were received, mostly from Africa, for […]
