By Jay Benson
Nigeria’s first diaspora bond, issued in 2017, was a resounding success. It raised $300 million for investment in infrastructure from Nigerians overseas and was oversubscribed by 130%. The government is now reportedly planning a second similar offering.
As many African countries attempt to raise development finance, diaspora bonds – which resemble other kinds of bonds but are targeted at citizens abroad – are highly appealing.
Continue reading “How bonds aimed at the diaspora can raise crucial funds for Africa”
By Edwin Naidu
Senior United States diplomat Tibor Nagy, assistant secretary of state for African affairs, said his country is committed to strengthening ties on the African continent through stronger trade links and investment in higher education.
Nagy, the former vice-provost for international affairs at Texas Tech University in the US, spoke glowingly of the “enduring partnership between the United States and South Africa”.
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By Boureima Balima
African leaders launched a continental free-trade zone on Sunday that if successful would unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new era of development.
Continue reading “Economic ‘Game Changer’? African Leaders Launch Free-Trade Zone”
By Meena Alexander
When 91 million people follow you, one post can be a catalyst for real change – and no one knows this better than Rihanna.
The Sudanese political crisis has been slipping down the news agenda in recent weeks, but the nationwide protests and military crackdowns in the country continue to rage on, with hundreds of lives lost.
Continue reading “Rihanna’s Sudan posts prove she’s exactly the kind of influencer the world needs right now”
By Landry Signé and Eric Olander
The official launch of the Trump Administration’s Prosper Africa program at the Corporate Council on Africa’s U.S.-Africa Business Summit in Mozambique on June 19 comes after months of policy talk about ramping up trade and investment between the United States and African countries. Prosper Africa aligns with the Trump administration’s Africa strategy, introduced by National Security Adviser John Bolton last December, which aims to promote prosperity, security, and stability in U.S.-Africa relations, and confirms the administration’s prioritization of trade and investment to reach those three objectives.
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By Nick Westcott
Does President Donald Trump have a policy on Africa, and if so what? The answer to this question is both interesting and revealing.
President Trump does not seem to pay much attention to Africa. Apart from his well-publicised comments to a group of senators in January 2018 dismissing the whole of Africa as “shithole countries,” he has not said much about the continent.
Continue reading “The Trump administration’s Africa policy”
Kenyan-American, Mwende Mwinzi’s nomination to be appointed Kenya’s High Commissioner to South Korea has been backed by the Kenya Diaspora Alliance (KDA) regardless of her dual citizenship.
A parliamentary committee asked her to either renounce her American citizenship or forget the prestigious appointment as Kenya’s constitution dictates that a State officer cannot hold dual citizenship .
Continue reading “Kenyan diaspora throw weight behind Kenya-American nominated as High Commissioner to South Korea”
By Kendall Karson
Wilmot Collins, the Liberian refugee who surged into national headlines in 2017 after becoming Montana’s first and only black mayor is launching a bid for higher office, officially filing paperwork with the FEC to run for the U.S. Senate seat currently held by incumbent GOP Sen. Steve Daines.
Continue reading “Liberian refugee, Montana’s first black mayor launches bid for US Senate seat”
By Christopher Clark
ANC remains in power with 57.5 percent of vote, but the outcome is its worst-ever showing at the polls.
The ruling African National Congress (ANC) has won South Africa‘s parliamentary elections with 57.5 percent of the vote, the electoral commission said, announcing the official results.
Continue reading “South Africa’s ANC wins re-election with reduced majority”
By Euan McKirdy, David McKenzie and Deborah Bloom, CNN
Despite years of corruption allegations, a sluggish economy and sustained electricity blackouts, South Africa’s ruling ANC looks set to win a substantial majority in a critical national election.With three quarters of the vote counted, the ANC shows a strong lead with just over 57% of the national vote, according to partial results released by the country’s electoral commission.
Continue reading “South Africa elections: Incoming results suggest ruling ANC set to win diminished majority”
Following his election as a Member of the Legislative Assembly of the Province of Alberta (MLA) in Canada, Nigerian-born Kelechi (Kacyee) Madu has been sworn in and named as the Minister of Municipal Affairs.
Madu, 45, graduated with a bachelor of laws from the University of Lagos. He migrated to Canada in 2005 with his wife who enrolled in postgraduate studies at the University of Alberta.
Continue reading “Nigerian-born Kelechi Madu sworn in as minister in Alberta, Canada”
By Ed Royce and Robin Renee Sanders
Since the U.S. BUILD Act was signed into law last October, many people across Africa as well as members of the Africa Diaspora have been asking what this global initiative might do to help revitalize American engagement with the continent. The answer is: quite a lot!
The goal of BUILD or the — “Better Utilization of Investments Leading to Development Act” – is exactly what the American private sector has long sought. BUILD does a number of positive things to boost the U.S.-Africa economic, business, and development relationship.
Continue reading “HOW THE BUILD ACT CAN INVIGORATE U.S. ECONOMIC TIES IN AFRICA”
The Egyptians living in the United States of America and Canada have started voting in the referendum on a set of proposed constitutional amendments, in the headquarters of the Egyptian embassies in Washington and Ottawa, and the consulate in New York.
Egyptian expatriates started a three-day voting on the new constitutional amendments in 140 embassies and consulates of 125 countries worldwide, amid massive campaigning for the amendments abroad and domestically.
Continue reading “Egyptians in Canada, US vote on constitutional amendments”
Nigerian-born Kelechi (Kacyee) Madu has been elected as a Member of the Legislative Assembly of the Province of Alberta (MLA) in Canada.
The United Conservative Party candidate was declared the winner in Edmonton-South West in a close race against John Archer of the New Democrat Party with 62 of 64 polls reporting.
Continue reading “Nigerian-born Kelechi Madu Wins assembly seat in Alberta, Canada,”
For weeks, expat Algerians have been streaming home, some just for the weekend, to play their part in the historic changes sweeping the country.
“I took unpaid leave to come and march in Algeria, to be here physically,” said Chahrazade Kaci, who arrived back from London just days before president Abdelaziz Bouteflika resigned in the face of huge protests.
Continue reading “Algerians In Diaspora Celebrate Bouteflika’s Resignation With Movement”