Category: Africa News
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KfW Development Bank becomes an ATIDI Shareholder
By Staff Reporter The German development bank KfW, acting on behalf of and for the account of the Federal Republic of Germany, has become the latest shareholder in the African Trade & Investment Development Insurance (ATIDI). KfW, which enhances German Investment Opportunities in Africa, has now become the 13th Institutional shareholder in Africa’s premier development insurer, further strengthening…
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The War That Raised Prices Across Africa – Without Firing A Shot On African Soil
The Middle East conflict restructured Africa’s import costs permanently. From Cairo to Cape Town and Accra to Kinshasa, no business was untouched. Africa’s supply chain leaders must now act – before the next disruption arrives. When Hamas attacked Israel in October 2023, African business leaders watched the news with concern but did not think to open…
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African Export-Import Bank Dumps Fitch After Controversial Downgrade
By Dr. Macharia Kihuro In a recent public statement, the African Export-Import Bank (Afreximbank) announced it would terminate its credit rating relationship with Fitch Ratings. The rationale for this decision was particularly striking. The bank attributed the move to its “firm belief that the credit rating exercise no longer reflects a good understanding of the…
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Africa’s Integration Puzzle: Why No Single Currency, Unified Military, or Common Passport?
Is AU willing to become the institution Africa needs From an online post, a commentator asked an intriguing question: “If the African Union (AU) cannot create a single currency, a unified military, or a common passport, then what exactly is this union about?” The comment section went wild, with some commentators saying that the AU no…
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NWU Pioneers Africa’s First Official Artificial Intelligence Policy
By Bertie Jacobs The North-West University (NWU) in South Africa has become the first African university to adopt an official artificial intelligence (AI) policy. The NWU Council approved the policy at its most recent meeting, cementing the university’s position as a leader in AI within the higher education sector. According to Prof. Anné Verhoef, director…
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Nissan Unveils Major Leadership Restructuring, Elevates Vila to Key Roles
By Staff Reporter Nissan has announced a series of senior management changes in its Africa, Middle East, India, Europe & Oceania (AMIEO) region, designed to strengthen the delivery of its Re: Nissan transformation plan and enhance operational efficiency, speed, and customer focus. Effective January 1st, Jordi Vila, current Divisional Vice President (DVP) and Nissan Africa…
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SolarAfrica Secures R1.5 Billion , Unleashing 114MW Solar Power
By Staff Reporter SolarAfrica has achieved financial close on R1.5 billion for SunCentral 2, the next 114 MW plant in its flagship utility-scale solar development in the Northern Cape. This new funding, provided by RMB and Investec Bank Limited, marks another significant step in enhancing access to affordable, clean energy for South African businesses, with…
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South Africa and Egypt Join Nuclear Fishing Tournament
By Staff Reporter On Saturday, Rosatom organised the third International Fishing Tournament at the construction site of the Akkuyu Nuclear Power Plant in Mersin, Turkey, where participants from seven countries gathered to promote harmony between nature and nuclear energy. The event, held for the first time outside Russia, symbolised Rosatom’s global commitment to environmental transparency…
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Odinga to Be Buried on Sunday in Bondo
By Staff Reporter THOUSANDS of mourners gathered at the Parliament Buildings in Nairobi on Friday to pay their last respects to former Prime Minister and veteran opposition leader Raila Odinga, whose body lay in state ahead of his final journey home. Odinga, aged 80, passed away from heart attack on Wednesday, October 15, 2025, while…
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Southern Africa Unites for Citizen-Led Peace at HWPL Summit
By Staff Reporter THE Southern African branch of Heavenly Culture, World Peace, Restoration of Light (HWPL) hosted the 11th Anniversary Commemoration of the HWPL World Peace Summit on October 11, 2025, in Cape Town, South Africa, to strengthen citizen-led peacebuilding efforts. The Southern African branch of Heavenly Culture, World Peace, Restoration of Light (HWPL) brought…
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