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Why Africa cannot prosper without regional trade

May 27, 2024 | africanthinker.com | Kingsley Moghalu

Despite aspirational narratives about “Africa Rising,” the continent has yet to achieve the prosperity increasingly found across large swaths of Asia and many other parts of the world. To attain genuine, inclusive prosperity (beyond aggregate GDP growth), Africa needs stronger trade performance, without which no country or continent has lifted its people out of poverty. Yet Africa’s share of world trade has long been stuck at around 3%.
Solar-powered initiative set to cut post-harvest fish losses in Kenya's coastal villages : African Thinker

May 27, 2024 | africanthinker.com | Geoffrey Kamadi

Fishing communities on the shores of Lake Victoria can now reduce post-harvest losses they have been suffering, thanks to a new initiative of using fish solar tent dryers, and solar-powered freezers. These communities, primarily women and youth groups, will also be beneficiaries of the Kenya Marine and Fisheries Research Institute (KMFRI)-patented improved solar-powered fried fish display boxes and smoking kilns.
: African Thinker

Mar 15, 2024 | africanthinker.com | Harry Clynch |African Business

At a meeting in Luxembourg in December 1997, the European Council decided to open accession negotiations with all the countries that had applied for membership, apart from one: Turkey. The rejection was justified by European leaders on the grounds that Turkey did not satisfy the democratic requirements for European Union membership and that its adherence to the rule of law was not strong enough.
Africa’s shifting economic paradigm

Feb 21, 2024 | africanthinker.com | Rabah Arezki

Before the outbreak of COVID-19, Africa experienced 25 years of uninterrupted economic expansion, prompting analysts to proclaim that the continent’s growth momentum was no longer dependent on its extractive industries. As access to education and health care increased, so did life expectancy, nurturing an “Africa rising” narrative. To finance their development needs, African countries turned to international capital markets, many of them for the first time.
Start-ups Powering up Africa’s Solar Energy Ecosystem

Feb 15, 2024 | africanthinker.com | Finbarr Toesland

Often referred to as the “Sun continent,” Africa receives more hours of bright sunlight than any other continent. But even with 60 per cent of the world’s solar resources, Africa has only one per cent of solar generation capacity, according to the International Energy Agency (IEA). Due to energy production and infrastructure challenges, many African countries regularly deal with blackouts, brownouts and poor electricity supply.
The art of doing business in Africa

Feb 12, 2024 | africanthinker.com | Alfonce Mbizwo

My last trip to Niger was in 2019. At the time I met these guys in the picture in Maradi, population approximately 270,000. I don’t speak Hausa (a Chadic language), my French is mediocre at best, but with the help of a translator we had some good laughs. From Maradi, I drove 4 hours to Zinder – the third largest city in Niger, with a population of 240,000. Both cities serve as key transit points for goods between Niger and Nigeria. I met simple, wonderful and welcoming people in both cities.
Somaliland-Ethiopia port deal: international opposition flags complex Red Sea politics : African Thinker

Feb 7, 2024 | africanthinker.com | Jutta Bakonyi

The memorandum of understanding between Ethiopia and Somaliland announced on 1 January 2024 set off diplomatic rows in the Horn of Africa – and beyond. Details of the agreement are not publicly known, but both state leaders have touched on its content. Among the main elements:Ethiopia gets a 50-year lease on a strip of land on Somaliland’s Red Sea coast for naval and commercial maritime use and access to the Berbera port. Somaliland gets a share of Ethiopian Airlines.
Is Italy’s $6bn plan for Africa just PR-friendly neocolonialism?

Feb 2, 2024 | africanthinker.com | Fadhel Kaboub

It is troubling that many African leaders who skipped the G77+China Summit in Uganda last week flocked to Rome this week to attend the Italy-Africa Summit. Summoned by Prime Minister Giorgia Meloni to the grand Palazzo Madama, they were presented with the Mattei Plan for Africa. The operative word there is for Africa. As Moussa Faki Mahamat, chair of the African Union Commission, made clear to his credit, African leaders went to Rome unaware of the plan.
South Africa: Mandela Auction Suspended Amid Row Over Heritage

Feb 2, 2024 | africanthinker.com | Louis Oelofse

A controversial auction of 70 personal items belonging to former South African President Nelson Mandela has been suspended. “This auction has been suspended,” a note on New York-based Guernsey’s auction house stated on Tuesday. The auction, which was scheduled to take place in February, would have included some personal belongings of the anti-apartheid hero, including his identity document and hearing aids.
Zimbabwe pivots to China for place in EV battery supply chain

Jan 30, 2024 | africanthinker.com | Andrew Mambondiyani

Wonder Mushove stared blankly at plumes of red dust billowing into the sky as more than 30 trucks carrying loads of lithium ore rumbled past his newly-built house in Buhera, in eastern Zimbabwe. The trucks drive by Mukwasi village on the dirt road linking the Chinese-owned Sabi Star lithium mine to the tarred highway. They travel through the border town of Mutare to the port of Beira in neighbouring Mozambique.