AFRICA is no longer content with being just a crude exporter. The continent is turning inward — fuelling its own industries, expanding refining capacity and keeping more of its oil at home. According to the OPEC World Oil Outlook 2025, Africa is entering a new energy era shaped by rising domestic …
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Africa’s $5tn path to Clean Energy
A NEW report from Power Shift Africa has laid out a compelling roadmap showing that Africa can achieve universal energy access, stimulate job creation, and save up to $5 trillion by transitioning to a 100 percent renewable energy system by 2050. According to the study, the investment required to achieve a fully renewable energy …
Read More »Africa to Launch Rival Credit Agency
A NEW Africa-led credit rating agency, the African Credit Rating Agency (AfCRA), will begin operations by the end of September 2025, marking a bold continental response to long-standing dissatisfaction with global ratings giants Fitch, Moody’s, and S&P. Set up under the auspices of the African Union’s African Peer Review Mechanism (APRM), AfCRA is …
Read More »Op-Ed: Africa Needs one Currency Now
IT was the late Nigerian music legend and activist Sunny Okosun who, back in the early 1990s, sang ‘African liberation is now or never’. That message, once seen as a rallying cry against political oppression, now echoes as a warning against Africa’s economic disintegration. Today, Africa’s population stands at over 1.5 billion, according …
Read More »Africa Set to Invest Own $4tn War Chest
AFRICA holds the key to its infrastructure future — but must unlock a $4 trillion trove of local capital to do it, the Africa Finance Corporation (AFC) has said. In a stark new report published Thursday, the pan-African financier warned that traditional foreign funding sources are drying up and no longer sufficient to meet …
Read More »Africa Targets Universal Electricity Access By 2030
AFRICAN leaders, global changemakers, and private sector representatives are set to gather in Dar es Salaam, Tanzania, on January 27-28 for the first-ever Africa Heads of State Energy Summit. The summit will kickstart Mission 300 (M300), an ambitious initiative aiming to connect 300 million Africans to electricity by 2030. Spearheaded by …
Read More »5 Countries In Africa That Practice Child Marriage
CHILD marriage is a violation of child’s right and it is detrimental to the growth of society, a situation that is allowed in some countries in Africa. Here are five countries in Africa where child marriage is allowed. Niger Niger has the highest child marriage rate in the world for …
Read More »Africa Must Not be Sucked into Other People’s Wars
AS the adage goes, there is no smoke without fire. Thus, when a spokesman in Ukraine was quoted as suggesting that his country’s military intelligence agency (GUR) had passed on sensitive information to Tuareg separatists and jihadist insurgents in the Sahel that led to the deaths of 84 Russian Wagner …
Read More »African Leaders Push For $6.5trillion Gains With Education Reform
African leaders, in collaboration with the African Union and global development partners, convened at the United Nations General Assembly in New York to address the critical issue of foundational learning across the continent. With a staggering 90 percent of African children unable to read or perform basic maths by age …
Read More »Op-Ed: Tackling Corruption in Africa: Progress & Challenges
CORRUPTION has long plagued many African nations, hindering governance, stalling economic development, and stifling social progress. Despite these challenges, some countries have made commendable efforts to address corruption and promote transparency. This essay delves into the ongoing battle against corruption in Africa, with a particular focus on Nigeria, highlighting both …
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