Politics: Latest News
Staff, 7:49 am
The government of India said may share technology in renewable energy with Africa to power the remotest and poorest corners of the second largest continent. The Indo-African partnership is based on empathy as the countries face similar challenges, Power Minister Piyush Goyal said at the launch of the third International Solar Alliance (ISA) Program on “Scaling Up Minigrids and Microgrids” during the “Africa-India Cooperation on Powering Africa–Strengthening ISA and Africa-India RE Partnerships.”
Peter Pedroncelli, 8:36 am
Ivory Coast is planning to build a new solar power plant in the north of the country in order to ease pressure on its already overtaxed power grid. The 25 MegaWatt solar power station will provide further electricity supply to the strained grid in the West African nation, which typically relies on gas and oil-fired thermal plants to produce energy. At a cost of $40 million, the power station will be built by Korhogo Solaire, a subsidiary of Morocco’s Nova Power, and it is expected to be complete by 2018.
Peter Pedroncelli, 6:36 am
State-owned airline Air Namibia has be given approval to fly in and out of the United States, allowing it to join the ranks of an exclusive set of African carriers with permission to do so. Previously, only South African Airways, Ethiopian Airlines, Egypt Air, Moroccan Royal Air Maroc and Cape Verde’s TACV airline have enjoyed the right to fly passengers in and out of the U.S. from Africa. The airline is expecting to generate revenues through its codesharing agreements with partners to the U.S.
Peter Pedroncelli, 3:26 am
Google and three strategic partners have committed to investing a combined $100 million in a broadband infrastructure project to benefit African cities, with fast and reliable internet capabilities in the pipeline. The agreement signed between the four investors sees the creation of a new entity known as CSquared, which will operate as an independent company and will be based out of offices in Nairobi, Kenya.
Peter Pedroncelli, 6:38 pm AFKI Original
Africa remains a continent with great investment potential, and African economies continue to make efforts to attract investors from around the globe. With a population of over one billion people and rapidly growing middle class, Africa offers significant opportunities to invest in the continent’s non-commodities sectors such as financial services, construction, and manufacturing, amongst others. Here are the 12 most attractive African economies to invest in for 2017.
Peter Pedroncelli, 5:46 am
The Rwandan government will be working with Finnish mobile giants Nokia and local company SRG in the deployment of smart city technology solutions throughout the country. Nokia’s advanced capabilities in this arena will be used to deliver a secure and effective smart city solution for the East African nation, which will include a mission-critical access network, IP and cloud core networks, and Nokia’s ‘impact platform’, which will enable numerous applications related to the internet of things (IoT).
Staff, 8:20 am
African Heads of State and Government present at the recently concluded Transform Africa Summit pledged to advance the continent’s digital transformation. The leaders noted that they recognize the role of information and communication technology (ICT) in fast-tracking development of their countries and the continent in generals.
Kurt Davis Jr., 5:03 pm AFKI Original
The story line in 2017 is buy undervalued assets, especially those with massive upside — no surprise. The surprise, however, may be looking for that opportunity in the Democratic Republic of the Congo. Kabila is still in power despite his term of office ending. Mineral prices have been low and hurt local mining companies. Budget cuts are a big topic in local politics. The DRC, like one or two other countries on this list, is worrisome on the surface. But there are opportunities in the government’s desire to strengthen private-sector investment.
Peter Pedroncelli, 6:31 am
The CodeBus Africa initiative, which sees African and Finnish programmers and tech experts working together to run coding workshops for young people throughout Africa, is aimed at inspiring a new generation of coders who will create innovative tech on the continent. The CodeBus Africa project is essentially a 100-day tour through 10 countries on the African continent, with Finnish and African innovators collaborating as part of Finland’s official 100th-anniversary celebrations.
Peter Pedroncelli, 3:20 am AFKI Original
The United States provides foreign aid that benefits numerous African recipients, with over $43 billion of total obligations going to 222 countries around the world in 2015. Much of this goes to assisting countries in sub-Saharan and North Africa, with USAID funding countless programs for the good of people within those nations. We take a look at the 12 biggest African recipients of foreign aid from the United States.
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