Browsing: Africa news

The United States has heightened ambitions to fortify its connection with African nations and unlock prospects in the continent’s extensive metal market, according to the US Treasury’s Deputy Secretary, Wally Adeyemo. Speaking at a conference, he underscored the “unique opportunity” currently open to African nations in providing the world with batteries and other clean energy technologies. 

The Bank of Tanzania has issued a public advisory due to an alarming increase in cases of digital robbery, urging bank customers and the general public to exercise caution. Financial institutions are facing a rising threat to their banking systems due to technological advancement, as revealed by Central Bank Governor, Professor Florens Luoga. 

Internet access in several parts of West Africa has been severely disrupted due to an unexpected breakdown of an undersea cable system, which significantly impacted 13 countries across the continent. This occurrence may potentially result in up to a three-week-long interruption of web services, causing significant inconvenience to both individual and business users. 

Tanzania has been selected as the host nation for the 2025 East African Petroleum Conference (EAPC), showcasing the country’s growing importance in the petroleum sector. The significant decision was made during the 9th edition of the East African Petroleum Conference, held recently in Kenya.

Sergei Lavrov, Russia’s Foreign Minister, recently paid a historic visit to the African continent, signaling Russia’s ambition to strengthen its influence in Africa. Amid the escalating tensions between African nations and Western powers over sanctions and other forms of interference, Lavrov indicated the readiness of his country to act as a mediator in the continent’s conflicts and counter what he described as “destructive” foreign intrusion.

The African Development Bank (AfDB) has contracted a $15 million deal with NMB Bank Zimbabwe, aimed at fueling the growth of the financial sector within the country. This transaction aligns with the AfDB’s strategy of driving the development of Africa’s financial markets and promoting financial inclusion throughout the continent.

In a fresh concerted effort to face the challenges of climate change, 79 countries under the African, Caribbean, and Pacific (ACP) coalition have promised to reinforce their political, economic, and social alliances with the European Union (EU). The combined force is set to tackle various global issues, significantly focusing on climate change, with or without the backing of the United States.

The Pan-African Congress is all geared up to hold its 9th preparatory conference in Mali in May, fostering dialogues about unity, prosperity, and international relations within the continent and its wide diaspora. This conference aims at creating an environment that can make strides in Africa’s progression by strengthening its defense strategies and epitomizing peace across the continent.

South African President Cyril Ramaphosa has declared a firm stance of solidarity with Palestinians and other Muslims worldwide observing the holy month of Ramadan amidst the hardships of ongoing conflicts. The president made his sentiments known in his weekly newsletter, expressing unwavering support for the Palestinian cause.

In a notable display of continental cohesion, the African Union (AU) has pledged to provide strategic logistical and financial backing to the Southern African Development Community (SADC) in efforts to deploy troops in the Democratic Republic of the Congo (DRC). The move is part of a larger initiative to counter the escalating threat posed by the armed group, the Allied Democratic Forces (ADF), which is currently causing widespread instability in the region.