Africa

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Africa

South Africa: Oscar Pistorius released from jail on parole

[ad_1] South African Paralympic star Oscar Pistorius has been released from jail nearly 11 years after killing his girlfriend Reeva Steenkamp. He walked free on Friday after being granted parole last November haven served nine years for the crime which he was convicted of. South African authorities have said confirmed that Pistorius is now back home from jail. “The Department of Correctional Services (DCS) is able to confirm that Oscar Pistorius is a […]

todayJanuary 5, 2024 1

Africa

Africa: AU Appeals for Calm in Ethiopia-Somalia Row

[ad_1] The African Union on Thursday joined the United States in appealing for calm in the Horn of Africa after regional tensions soared following a contested deal between Ethiopia and the breakaway region of Somaliland. Somalia has vowed to defend its territory after Monday's agreement, which it described as an "aggression" and a "blatant assault" on its sovereignty by neighbouring Ethiopia. The memorandum of understanding (MoU) gives landlocked Ethiopia, Africa's second-most populous country, long-desired access to the Red Sea through […]

todayJanuary 5, 2024 1

Africa

Africa: Flagship Economic Report Highlights Why Global Cooperation Is Key

[ad_1] The UN's World Economic Situation and Prospects report for 2024 projects a slowdown in global growth from an estimated 2.7 per cent in 2023 to 2.4 per cent in 2024. The flagship forecast launched in New York on Thursday indicates that last year's stronger-than-expected GDP growth coming out of the COVID-19 pandemic masked short-term risks and structural vulnerabilities in the world economy. The sombre short-term outlook is based on persistently high interest rates, further escalation of conflicts, sluggish international […]

todayJanuary 5, 2024 2

Africa

Africa: Horn of Africa – a Conflict Evolving Around Berbera Port

[ad_1] A new deal granting landlocked Ethiopia access to a seaport holds potential for a huge upheaval in the Horn of Africa. The breakaway region of Somaliland finds itself in a make-or-break situation. Under different circumstances, the kind of deal agreed between Ethiopia and the breakaway region of Somaliland would have been fairly straightforward. One country grants its landlocked neighbor access to a seaport and by extension to international trade -- and in return is rewarded a political prize. But […]

todayJanuary 5, 2024 1

Africa

Africa: AU Calls for Calm to De-Escalate Simmering Tension Between Ethiopia and Somalia

[ad_1] The Chairperson of the African Union Commission, Amb. Moussa Faki Mahamat, has called for calm and mutual respect to de-escalate the simmering tension between the governments of Ethiopia and Somalia, following the signing of a port access deal between the former and Somaliland. Somaliland is an unrecognised state in the Horn of Africa, recognised internationally as de jure part of Somalia. The Chairperson of the African Union Commission made the observation in a statement issued on January 3. The […]

todayJanuary 5, 2024 1

Africa

Africa: 2024 – a Year of Cautious Hope for African Economies Facing Worldwide Challenges

[ad_1] The continent's economic growth is expected to inch up to 3.5 per cent As African economies look to the new year, countries across the continent are poised to make moderate economic gains but must navigate the maze of domestic and international challenges. According to the UN World Economic Situation and Prospects (WESP) 2024, the continent's economic growth is expected to quicken slightly, with average GDP possibly inching up to 3.5 per cent. Yet, debt sustainability concerns, fiscal pressures, and […]

todayJanuary 5, 2024 2

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