Via African Arguments, commentary on the planned Africa Energy Bank, a $5B oil bank set to be launched by a coalition of African oil producers: At COP29, the UN Secretary General Antonio Gutteres said doubling down on fossil fuels would be “absurd”. The proposed Africa Energy Bank would do just that. Credit: Stakeholder Democracy. In […]
Read more »Via Semafor, a report on Nigeria’s lithium sector: Nigeria’s ambition to build a value-added supply chain for critical minerals including lithium is getting a significant boost from an unlikely source: an e-marketplace startup. Sabi, the Lagos-headquartered business-to-business e-commerce company focused on the informal economy, has been quietly building expertise as a middle man for miners […]
Read more »Courtesy of Foreign Policy, a report on one Nigerian village showing how to develop human opportunity and protect the planet at the same time: In June, I walked through the streets of Lugbe, a small community in Nigeria about 7 miles outside the capital of Abuja. Over the last 25 years, as head of USAID […]
Read more »Courtesy of Bloomberg, a look at how Shenzhen Transsion Holding has spent years building devices to cater to African consumer tastes: On a hectic road in Lagos, Nigeria, packed with minibuses and motorized rickshaws, ads for the hottest new tech products are plastered all over a crowded electronics mart. A giant billboard looms above, displaying […]
Read more »Via Arabian Business, a report on the next BRICS expansion could include Turkey, Algeria, Indonesia, Nigeria but major rifts remain: In a major geopolitical development earlier this year, BRICS cemented its rise as a potential counterweight to Western-led groups like the G7 with the addition of Saudi, UAE, Iran, Ethiopia, and Egypt Since the one-tightknit […]
Read more »Via North Africa Post, a report on the continent’s rapidly growing population: Amid a rapid population growth, Africa will count six cities with over 10 million people by 2035, the Economist Intelligence Unit said. With the continent’s population boom, Angola’s capital, Luanda, and Tanzania’s commercial hub, Dar es Salaam, will join the metropolises of Cairo, […]
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