Tag: Africa development
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Stop Building the 17th Floor First: Why Namibia’s Film City Debate Mirrors Africa’s Leadership Choice
Stop Building the 17th Floor First: A wake-up call for Africa’s development priorities The chatter around national development often sounds like a chorus of grand projects—futuristic skylines, glittering media hubs, and flagship “wins” that look impressive in headlines. Lately, Namibia has been cited in discussions about plans for a film city intended to rival Hollywood.…
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Stop Building the 17th Floor First: Youthful Leadership for Africa’s Future in Film and Growth
Introduction: Reframing ambition in Africa’s development agenda The phrase “Stop Building the 17th Floor First” captures a growing frustration: grand, futuristic plans often clash with the immediate needs of everyday people. As Africa’s nations experiment with ambitious projects, from a Namibian film city to regional infrastructure upgrades, it’s essential to balance long–term vision with pragmatic…
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How Africa Can Meet Its Green Industrialization Imperative
Introduction: A pivotal moment for Africa The call for green industrialization has never been more urgent for Africa. As the continent carries a unique mix of abundant solar and wind resources, critical mineral endowments, and a growing, youthful workforce, it stands at a crossroads. The question is not whether Africa can pursue a low-carbon economy,…
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Abiy Urges G20 to Strengthen Compact with Africa Multi-Donor Trust Fund and Push Continental Integration
Abiy Calls on G20 to Strengthen the Compact with Africa Multi-Donor Trust Fund In a high-stakes appeal from Addis Ababa, Prime Minister Abiy Ahmed urged the G20 to take decisive steps to reinforce the Compact with Africa (CwA) Multi-Donor Trust Fund. The appeal, delivered at a regional forum, underscores a broader push to expand financial…
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US and China in Resource Competition: Africa Caught in the Middle
Introduction: A global race for resources As the United States and China position themselves at the forefront of a global resource race, Africa finds itself in a precarious middle ground. The competition stretches from minerals critical to tech supply chains to energy and agricultural commodities. While headlines focus on geopolitical power, the everyday consequences are…
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AfDB and Luxembourg Partner to Accelerate Africa’s Sustainable Growth
AfDB and Luxembourg Strengthen Ties for Africa’s Sustainable Growth The African Development Bank (AfDB) and Luxembourg have reinforced their strategic partnership to accelerate sustainable growth across Africa. The collaboration underscores the critical role international cooperation plays in mobilizing finance, sharing technical expertise, and promoting inclusive development on the continent. As Africa faces rapid urbanization, climate…
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AfDB and Luxembourg: A United Drive for Africa’s Sustainable Growth
Strengthening the Partnership for Africa’s Future The African Development Bank (AfDB) and Luxembourg have renewed and expanded their strategic collaboration to support sustainable growth across Africa. Amid growing calls for more effective international cooperation, the two partners affirmed that shared resources, knowledge, and targeted investments are essential to respond to Africa’s development challenges and opportunities.…
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AfDB and Luxembourg Strengthen Ties to Accelerate Africa’s Sustainable Growth
A Strengthened Partnership for Africa’s Sustainable Growth The African Development Bank (AfDB) and Luxembourg have announced a reinforced partnership aimed at accelerating sustainable growth across Africa. Building on prior collaborations, the new agreement signals a long-term commitment to mobilize finance, share expertise, and support policy reforms that foster inclusive development. As global capital seeks lower-risk,…
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Africa’s Infrastructure Financing Challenge: Lourenco Calls for Urgent Collective Action
Overview: Africa’s Infrastructure Financing Gap At the Luanda Summit on Financing for Infrastructure Development in Africa, President Joao Lourenco of Angola and chairperson of the African Union underscored a persistent, systemic problem: Africa faces a substantial financing deficit for infrastructure. While the continent is rich in natural resources and young, dynamic talent, the capital required…