"africa" tag
africa-marketexpress-in

Africa’s debt crisis: The need for multilateral solutions

Many African countries are struggling to service their debts, prompting many observers to call for urgent global action and greater involvement of African stakeholders in developing solutions. The rising costs of energy and food imports,...

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IMF chief: ‘Africa deserves to be represented more fairly’

International Monetary Fund (IMF) head Kristalina Georgieva tells DW that Africa needs greater representation in the global lending body. Kristalina Georgieva, managing director of the International Monetary Fund (IMF), spoke to DW during the Hamburg Sustainability...

turkey-africa-marketexpress-in

How Turkey is competing with China for influence in Africa

Turkey is increasing its engagement in several African countries in an effort to boost its influence and trade. But with China and Russia being the dominant players there, Ankara is struggling to find its role....

botswana-diamond-marketexpress-in

Botswana unearths world’s second-largest diamond

Botswana has discovered a 2,492-carat diamond at its Karowe Mine, making it the second-largest diamond ever found. President Mokgweetsi Masisi was quick to view and pose with the vast gemstone. Canadian mining company Lucara Diamond...

african-union-marketexpress-in

Global conflicts overshadowing African desertification

African delegates at a UN desertification conference in Uzbekistan urged the international community to not neglect the climate emergency in Africa’s deserts amid the Israel-Hamas conflict and Russia’s war in Ukraine. African delegates attending a...

climate-change-marketexpress-in

Who pays for climate damage and where does the money go?

An array of climate funds promise to help poorer countries either stop climate change or adapt to its consequences. But what do they actually cover, and why is it all so contentious? Fossil fuels powered...

lithium-africa-marketexpress-in

Lithium mining in Africa reveals dark side of green energy

The new rush for lithium in Africa risks fueling corruption and harming local communities and the environment, investigations have shown. At a Chinese-run lithium mine in Namibia, local workers have complained for months about squalid living...

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Africa’s first-ever climate change summit

As the first-ever Africa Climate Summit kicks off on Monday in Nairobi, Kenya, some representatives in attendance are wondering whether the political elite will match their words with meaningful action. Innocent Tshilombo arrived in Kenya as...

western-sahara-morocco-africa-marketexpress-in

Morocco and Western Sahara: A new conflict brewing?

With Israel recognizing Western Sahara as part of the Moroccan kingdom and a contentious fishing agreement between Morocco and the EU expiring, tensions are intensifying between the Polisario Front, Morocco and Algeria. Characterized by vast...

global-south-de-westernization-marketexpress-in

Global South and the de-Westernization of the World

The concept of the “Global South” has been all the rage in recent months, along with that of the “de-Westernization of the world”. Is it the same phenomenon and what realities do these two expressions...

africa-diamond-marketexpress-in

Why Africa bleeds diamond revenues

Africa holds mineral wealth with diverse commodities that are sought after the world over. In the diamond industry, revenues elude local communities despite multilateral certification measures. In diamond-rich parts of Africa, the revenue generated from...

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Economies in Africa had it rough in 2022

Record inflation, high debt levels and weak currencies sent the cost of living soaring in many parts of sub-Saharan Africa throughout the year. When Richard Gbewornyo graduated as a videographer in Accra, he was ready to...