The head of US Africa Command warned Congress on Thursday that Russia is aggressively working to expand its footing among African countries, leaving several “at the tipping point” of falling under its influence. “[A] number of countries are at the tipping point of actually being captured by the Russian Federation as they are spreading some…
Tag: Africa
Kenya and Ethiopia Strengthen Bilateral Ties Through Memoranda of Understanding.
By HICGI Staff – Updated at 09:17 EAT on Thursday 29th Feb 2024 Kenya and Ethiopia have taken significant steps towards deepening their bilateral relations with the signing of seven Memoranda of Understanding (MoUs). The agreements, signed during a recent high-level meeting between the two countries, are designed to foster cooperation and collaboration in various…
South Africa sets elections date for May 29.
In tonight’s edition: May 29 is set as the date when South Africa’s ruling ANC party will face voters for what may be the first real challenge to its domination of the political landscape. Also, Guinea’s ruling junta doubles down on its dissolution of the government by announcing further restrictions. And the film “African Glory” introduces…
USD 2 billion 3-year Social Bond Issued By African Development Bank.
The African Development Bank (AfDB), renowned for its financial stability with Aaa/AAA/AAA/AAA ratings from Moody’s, S&P, Fitch, and Japan Credit Rating respectively, has unveiled a groundbreaking initiative. They have successfully launched a USD 2 billion 3-year Social Global Benchmark, due on 25 February 2027. This marks a significant milestone as it represents the AfDB’s inaugural…
G7 launches $600bn trans-African railway to counter China’s Belt and Road
The US and the EU have joined forces with the African Development Bank (AFDB) and the Africa Finance Corporation to launch the west’s latest attempt to counter China’s Belt and Road Initiative. The parties have signed a memorandum of understanding setting out plans to develop the “Lobito Corridor” and the Zambia–Lobito railway, which will together…
Africa has eluded the covid-19 nightmare scenarios. We shouldn’t be surprised.
Opinion by Karen Attiah Global Opinions editor- WP After the novel coronavirus first appeared in Africa in late February, Ghana’s government decided it would take no chances. Ghanaian citizens were soon put under lockdown, and travel between major cities was banned. Then President Nana Akufo-Addo announced the closure of the country’s land and sea borders….
HICGI News Agency 